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Hong Kong (HSI) Banks Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies31
  • 7D0.6%
  • 3M-2.3%
  • 1Y22.7%
  • YTD0.5%

The Banks industry has been flat over the last week, but Weihai Bank has lost 24%. As for the the longer term, the industry is up 23% over the past 12 months. As for the next few years, earnings are expected to grow by 4.4% per annum.

Industry Valuation and Performance

Has the Hong Kong Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026HK$11.6tHK$3.7tHK$1.7t5.7x7x3.2x
Tue, 06 Jan 2026HK$12.3tHK$3.7tHK$1.6t5.8x7.5x3.4x
Thu, 04 Dec 2025HK$12.6tHK$3.6tHK$1.6t5.8x7.7x3.5x
Sat, 01 Nov 2025HK$12.3tHK$3.6tHK$1.6t5.8x7.6x3.4x
Mon, 29 Sep 2025HK$11.8tHK$3.7tHK$1.7t5.6x7.1x3.2x
Wed, 27 Aug 2025HK$12.4tHK$3.7tHK$1.7t5.9x7.5x3.4x
Fri, 25 Jul 2025HK$12.3tHK$3.7tHK$1.7t6x7.4x3.3x
Sun, 22 Jun 2025HK$11.6tHK$3.7tHK$1.7t5.9x7x3.1x
Tue, 20 May 2025HK$10.7tHK$3.7tHK$1.7t5.6x6.5x2.9x
Thu, 17 Apr 2025HK$10.2tHK$3.6tHK$1.6t5.3x6.3x2.8x
Sat, 15 Mar 2025HK$10.2tHK$3.7tHK$1.6t5.5x6.2x2.8x
Mon, 10 Feb 2025HK$9.7tHK$3.7tHK$1.6t5.1x6x2.6x
Wed, 08 Jan 2025HK$9.7tHK$3.6tHK$1.6t5x6x2.7x
Fri, 06 Dec 2024HK$9.4tHK$3.6tHK$1.6t4.7x5.8x2.6x
Sun, 03 Nov 2024HK$9.4tHK$3.7tHK$1.7t4.8x5.7x2.5x
Tue, 01 Oct 2024HK$9.4tHK$3.7tHK$1.7t4.7x5.7x2.5x
Thu, 29 Aug 2024HK$9.5tHK$3.6tHK$1.6t4.7x5.8x2.6x
Sat, 27 Jul 2024HK$8.7tHK$3.6tHK$1.6t4.6x5.4x2.4x
Mon, 24 Jun 2024HK$8.6tHK$3.6tHK$1.6t5x5.3x2.4x
Wed, 22 May 2024HK$8.9tHK$3.6tHK$1.6t5.2x5.5x2.5x
Fri, 19 Apr 2024HK$8.5tHK$3.6tHK$1.6t4.5x5.2x2.3x
Sun, 17 Mar 2024HK$8.0tHK$3.8tHK$1.6t4.5x4.9x2.1x
Tue, 13 Feb 2024HK$7.7tHK$3.6tHK$1.6t4.3x5x2.1x
Thu, 11 Jan 2024HK$7.4tHK$3.9tHK$1.6t4.2x4.5x1.9x
Sat, 09 Dec 2023HK$7.3tHK$3.9tHK$1.6t4.1x4.5x1.9x
Mon, 06 Nov 2023HK$7.3tHK$3.8tHK$1.6t4.6x4.6x1.9x
Wed, 04 Oct 2023HK$7.3tHK$3.8tHK$1.6t4.5x4.6x1.9x
Fri, 01 Sep 2023HK$7.2tHK$3.8tHK$1.6t4.7x4.5x1.9x
Sun, 30 Jul 2023HK$7.6tHK$3.8tHK$1.6t5.2x4.8x2x
Tue, 27 Jun 2023HK$7.7tHK$3.8tHK$1.6t5.2x4.8x2x
Thu, 25 May 2023HK$7.9tHK$3.9tHK$1.6t5.6x4.9x2x
Sat, 22 Apr 2023HK$8.0tHK$4.0tHK$1.7t5.6x4.8x2x
Mon, 20 Mar 2023HK$7.6tHK$4.0tHK$1.7t5.4x4.6x1.9x
Wed, 15 Feb 2023HK$7.4tHK$4.0tHK$1.7t5.6x4.4x1.9x
Price to Earnings Ratio

4.4x


Total Market Cap: HK$7.4tTotal Earnings: HK$1.7tTotal Revenue: HK$4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Banks Industry Price to Earnings3Y Average 5.7x202420252026
Current Industry PE
  • Investors are optimistic on the Hong Kong Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7.0x which is higher than its 3-year average PE of 5.7x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.7% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

Which industries have driven the changes within the Hong Kong Financials industry?

HK Market-1.98%
Financials-0.77%
Banks0.65%
Regional Banks1.00%
Diversified Banks0.64%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 5.7x.
    • Analysts are expecting annual earnings growth of 4.4%, which is higher than its past year's earnings growth of 3.3% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 5.6x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 6.9% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 4.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3328 Bank of CommunicationsHK$6.923.0%
+HK$17.7b
9.8%PB0.4x
939 China Construction BankHK$7.970.8%
+HK$15.7b
26.5%PB0.5x
1658 Postal Savings Bank of ChinaHK$5.232.5%
+HK$15.6b
14.4%PB0.5x
1288 Agricultural Bank of ChinaHK$5.500.5%
+HK$10.5b
30.6%PB0.6x
2388 BOC Hong Kong (Holdings)HK$41.981.8%
+HK$7.8b
63.7%PB1.3x

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