Hang Seng Bank’s top metrics, including future P/E and revenue growth forecasts, remained broadly stable, supporting the consensus analyst price target’s slight increase from HK$105.81 to HK$107.05.
What's in the News
- Hang Seng Bank is considering selling a property-backed loan portfolio worth at least USD 1 billion to clear bad debt from the city's commercial real estate slump.
- Ms. Diana Cesar will step down as Executive Director and Chief Executive, returning to HSBC as Vice Chairman, Hong Kong; Ms. Luanne Lim will be appointed as Executive Director and Chief Executive, pending regulatory approval.
- The bank commenced a share repurchase program, authorized to buy back up to 10% of its issued share capital (about 188.2 million shares) or up to HKD 3 billion in value, valid until January 30, 2026.
- A board meeting was scheduled to approve the announcement of interim results for the six months ended June 30, 2025, and to consider the declaration of a second interim dividend for 2025.
Valuation Changes
Summary of Valuation Changes for Hang Seng Bank
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from HK$105.81 to HK$107.05.
- The Future P/E for Hang Seng Bank remained effectively unchanged, moving only marginally from 13.13x to 13.32x.
- The Consensus Revenue Growth forecasts for Hang Seng Bank remained effectively unchanged, at 8.3% per annum.
Disclaimer
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