Bank of East Asia's (HKG:23) Shareholders Will Receive A Smaller Dividend Than Last Year
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Hong Kong (HSI) Banks Industry Analysis
UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies31
- 7D0.4%
- 3M-1.4%
- 1Y14.9%
- YTD0.2%
The Banks industry has been flat over the last week, but Bank of Zhengzhou has lost 8.0%. As for the the longer term, the industry is up 15% over the past 12 months. Earnings are forecast to grow by 4.6% annually.
Industry Valuation and Performance
Has the Hong Kong Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Feb 2026 | HK$11.5t | HK$3.7t | HK$1.7t | 5.7x | 7x | 3.1x |
| Mon, 19 Jan 2026 | HK$12.1t | HK$3.7t | HK$1.7t | 5.8x | 7.3x | 3.3x |
| Wed, 17 Dec 2025 | HK$12.0t | HK$3.6t | HK$1.6t | 5.6x | 7.3x | 3.3x |
| Fri, 14 Nov 2025 | HK$13.0t | HK$3.6t | HK$1.6t | 6.1x | 8x | 3.6x |
| Sun, 12 Oct 2025 | HK$11.8t | HK$3.7t | HK$1.7t | 5.6x | 7.1x | 3.2x |
| Tue, 09 Sep 2025 | HK$12.3t | HK$3.7t | HK$1.7t | 6.1x | 7.3x | 3.3x |
| Thu, 07 Aug 2025 | HK$12.4t | HK$3.7t | HK$1.7t | 5.9x | 7.4x | 3.3x |
| Sat, 05 Jul 2025 | HK$12.3t | HK$3.7t | HK$1.7t | 6.1x | 7.4x | 3.3x |
| Mon, 02 Jun 2025 | HK$10.8t | HK$3.7t | HK$1.7t | 5.6x | 6.5x | 2.9x |
| Wed, 30 Apr 2025 | HK$10.5t | HK$3.6t | HK$1.6t | 5.5x | 6.4x | 2.9x |
| Fri, 28 Mar 2025 | HK$10.3t | HK$3.7t | HK$1.7t | 5.4x | 6.2x | 2.8x |
| Sun, 23 Feb 2025 | HK$10.1t | HK$3.7t | HK$1.6t | 5.4x | 6.2x | 2.8x |
| Tue, 21 Jan 2025 | HK$9.6t | HK$3.7t | HK$1.6t | 5x | 5.9x | 2.6x |
| Thu, 19 Dec 2024 | HK$9.6t | HK$3.6t | HK$1.6t | 4.8x | 6x | 2.7x |
| Sat, 16 Nov 2024 | HK$9.1t | HK$3.6t | HK$1.6t | 4.7x | 5.6x | 2.5x |
| Mon, 14 Oct 2024 | HK$9.5t | HK$3.7t | HK$1.6t | 4.8x | 5.8x | 2.6x |
| Wed, 11 Sep 2024 | HK$8.7t | HK$3.7t | HK$1.6t | 4.5x | 5.3x | 2.4x |
| Fri, 09 Aug 2024 | HK$8.7t | HK$3.6t | HK$1.6t | 4.5x | 5.4x | 2.4x |
| Sun, 07 Jul 2024 | HK$8.7t | HK$3.6t | HK$1.6t | 4.8x | 5.4x | 2.4x |
| Tue, 04 Jun 2024 | HK$8.7t | HK$3.6t | HK$1.6t | 5.1x | 5.4x | 2.4x |
| Thu, 02 May 2024 | HK$8.5t | HK$3.6t | HK$1.6t | 4.6x | 5.2x | 2.4x |
| Sat, 30 Mar 2024 | HK$8.0t | HK$3.6t | HK$1.7t | 4.2x | 4.8x | 2.2x |
| Mon, 26 Feb 2024 | HK$8.3t | HK$3.8t | HK$1.6t | 4.3x | 5.1x | 2.2x |
| Wed, 24 Jan 2024 | HK$7.3t | HK$3.8t | HK$1.6t | 4x | 4.5x | 1.9x |
| Fri, 22 Dec 2023 | HK$7.4t | HK$3.9t | HK$1.6t | 4.1x | 4.5x | 1.9x |
| Sun, 19 Nov 2023 | HK$7.3t | HK$3.8t | HK$1.6t | 4.3x | 4.5x | 1.9x |
| Tue, 17 Oct 2023 | HK$7.6t | HK$3.8t | HK$1.6t | 4.5x | 4.7x | 2x |
| Thu, 14 Sep 2023 | HK$7.2t | HK$3.8t | HK$1.6t | 4.5x | 4.5x | 1.9x |
| Sat, 12 Aug 2023 | HK$7.3t | HK$3.8t | HK$1.6t | 4.9x | 4.6x | 1.9x |
| Mon, 10 Jul 2023 | HK$7.4t | HK$3.8t | HK$1.6t | 5x | 4.7x | 1.9x |
| Wed, 07 Jun 2023 | HK$8.0t | HK$3.9t | HK$1.6t | 5.6x | 5x | 2.1x |
| Fri, 05 May 2023 | HK$8.3t | HK$4.0t | HK$1.7t | 5.7x | 5x | 2.1x |
| Sun, 02 Apr 2023 | HK$7.5t | HK$3.9t | HK$1.7t | 5.5x | 4.5x | 1.9x |
| Tue, 28 Feb 2023 | HK$7.2t | HK$3.9t | HK$1.6t | 5.5x | 4.4x | 1.9x |
Price to Earnings Ratio
4.4x
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 3.1x.
Past Earnings Growth
- Both revenue and earnings for companies in the Banks industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Financials industry?
| HK Market | 0.35% | |
| Financials | 0.61% | |
| Banks | 0.37% | |
| Diversified Banks | 0.39% | |
| Regional Banks | -0.31% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 5.8x.
- Analysts are expecting annual earnings growth of 4.5%, which is higher than its past year's earnings growth of 2.9% 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 6.8% 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 4.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 939 China Construction Bank | HK$8.04 | 1.0% +HK$20.9b | 19.5% | PB0.5x | |
| 3988 Bank of China | HK$4.67 | 0.4% +HK$6.4b | 7.4% | PB0.4x | |
| 2388 BOC Hong Kong (Holdings) | HK$43.78 | 1.2% +HK$5.3b | 61.3% | PB1.3x | |
| 23 Bank of East Asia | HK$15.25 | 7.9% +HK$2.9b | 38.9% | PB0.4x | |
| 3328 Bank of Communications | HK$6.94 | 0.4% +HK$2.7b | 3.9% | PB0.4x |
