Bank of East Asia Future Growth

Future criteria checks 2/6

Bank of East Asia is forecast to grow earnings and revenue by 12.8% and 8.8% per annum respectively. EPS is expected to grow by 14.5% per annum. Return on equity is forecast to be 4.2% in 3 years.

Key information

12.8%

Earnings growth rate

14.5%

EPS growth rate

Banks earnings growth	0.3%
Revenue growth rate	8.8%
Future return on equity	4.2%
Analyst coverage	Good
Last updated	25 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:BOA - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	19,784	4,388	N/A	N/A	6
12/31/2025	19,833	3,930	N/A	N/A	7
12/31/2024	20,475	3,802	N/A	N/A	7
6/30/2024	14,274	2,998	6,394	7,128	N/A
3/31/2024	14,408	3,260	6,603	7,310	N/A
12/31/2023	14,541	3,522	6,812	7,492	N/A
9/30/2023	14,891	4,210	4,547	5,186	N/A
6/30/2023	15,240	4,898	2,282	2,879	N/A
3/31/2023	14,362	4,275	13,058	13,634	N/A
12/31/2022	13,484	3,651	23,834	24,389	N/A
9/30/2022	13,753	3,467	3,853	4,436	N/A
6/30/2022	14,022	3,283	-16,128	-15,518	N/A
3/31/2022	14,923	3,871	-27,722	-27,114	N/A
12/31/2021	15,823	4,459	-39,316	-38,711	N/A
9/30/2021	15,041	4,206	-19,485	-18,883	N/A
6/30/2021	14,258	3,953	346	944	N/A
3/31/2021	13,284	3,388	5,872	6,471	N/A
12/31/2020	12,310	2,822	11,398	11,997	N/A
9/30/2020	12,733	2,947	-5,887	-5,117	N/A
6/30/2020	13,156	3,072	-23,173	-22,232	N/A
3/31/2020	12,828	2,826	-15,328	-14,352	N/A
12/31/2019	12,500	2,580	-7,483	-6,473	N/A
9/30/2019	12,506	2,692	-3,117	-2,263	N/A
6/30/2019	12,512	2,804	1,248	1,946	N/A
3/31/2019	14,055	4,300	-10,863	-10,185	N/A
12/31/2018	15,597	5,796	-22,974	-22,317	N/A
9/30/2018	16,156	6,102	N/A	N/A	N/A
6/30/2018	16,714	6,407	-31,668	-31,230	N/A
3/31/2018	16,075	5,505	N/A	-27,483	N/A
12/31/2017	15,435	4,602	N/A	-23,736	N/A
9/30/2017	14,021	3,835	N/A	N/A	N/A
6/30/2017	12,607	3,068	N/A	-1,538	N/A
3/31/2017	12,459	2,996	N/A	-4,838	N/A
12/31/2016	12,311	2,924	N/A	-8,138	N/A
9/30/2016	13,817	3,361	N/A	10,411	N/A
6/30/2016	13,411	3,341	N/A	32,753	N/A
3/31/2016	13,799	4,015	N/A	46,374	N/A
12/31/2015	14,186	4,689	N/A	59,995	N/A
9/30/2015	15,362	5,393	N/A	N/A	N/A
6/30/2015	15,943	5,950	N/A	1,086	N/A
3/31/2015	16,671	6,141	N/A	-26,662	N/A
12/31/2014	17,399	6,331	N/A	-54,411	N/A
9/30/2014	17,559	6,408	N/A	N/A	N/A
6/30/2014	17,719	6,485	N/A	-39,940	N/A
3/31/2014	17,343	6,384	N/A	-46,348	N/A
12/31/2013	16,966	6,283	N/A	-52,757	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOA's forecast earnings growth (12.8% per year) is above the savings rate (1%).

Earnings vs Market: BOA's earnings (12.8% per year) are forecast to grow slower than the German market (20.9% per year).

High Growth Earnings: BOA's earnings are forecast to grow, but not significantly.

Revenue vs Market: BOA's revenue (8.8% per year) is forecast to grow faster than the German market (5.6% per year).

High Growth Revenue: BOA's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BOA's Return on Equity is forecast to be low in 3 years time (4.2%).

Bank of East Asia Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

First half 2024 earnings released: EPS: HK$0.69 (vs HK$0.87 in 1H 2023)

The Bank of East Asia, Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on October 14, 2024

Bank of East Asia Promotes Jaye Chiu as New Regional Head of Private Banking

The Bank of East Asia, Limited to Report First Half, 2024 Results on Aug 22, 2024

The Bank of East Asia, Limited, Annual General Meeting, May 10, 2024

The Bank of East Asia, Limited to Report Fiscal Year 2023 Final Results on Mar 26, 2024

Upcoming dividend of HK$0.18 per share

Taishin International Bank Co., Ltd., The Bank of East Asia, Limited (SEHK:23), Nanyang Commercial Bank, Limited, JPMorgan Chase Bank, N.A., Industrial Bank Co., Ltd. (SHSE:601166) and Siemens Bank GmbH acquired Performing loan asset of CTBC Bank Co.,Ltd. from CTBC Bank Co., Ltd. for $26.7 million.

Final dividend of HK$0.18 announced

Full year 2023 earnings released: EPS: HK$1.32 (vs HK$1.32 in FY 2022)

The Bank of East Asia, Limited Declares Second Interim Dividend for the Year Ended 31 December 2023, Payable on 08 April 2024

The Bank of East Asia, Limited to Report Fiscal Year 2023 Final Results on Feb 21, 2024

Upcoming dividend of HK$0.36 per share at 3.0% yield

First half 2023 earnings released: EPS: HK$0.87 (vs HK$0.39 in 1H 2022)

The Bank of East Asia, Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 05 October 2023

The Bank of East Asia, Limited to Report First Half, 2023 Results on Aug 24, 2023

Non-Executive Director recently sold €452k worth of stock

Full year 2022 earnings released: EPS: HK$1.32 (vs HK$1.53 in FY 2021)

Upcoming dividend of HK$0.17 per share at 3.0% yield

Full year 2022 earnings released: EPS: HK$1.32 (vs HK$1.53 in FY 2021)

The Bank of East Asia, Limited, Annual General Meeting, May 11, 2023

The Bank of East Asia, Limited to Report Fiscal Year 2022 Results on Feb 16, 2023

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.48 per share

The Bank of East Asia, Limited Announces Special Dividend, Payable on 13 October 2022

Upcoming dividend of HK$0.16 per share

First half 2022 earnings released: EPS: HK$0.39 (vs HK$0.78 in 1H 2021)

The Bank of East Asia, Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 30 September 2022

The Bank of East Asia, Limited to Report First Half, 2022 Results on Aug 18, 2022

Full year 2021 earnings released: EPS: HK$1.53 (vs HK$0.97 in FY 2020)

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2022

Upcoming dividend of HK$0.35 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

The Bank of East Asia, Limited Declares Second Interim Cash Dividend for the Year Ended December 31, 2021, Payable on 07 April, 2022

Upcoming dividend of HK$0.35 per share

First half 2021 earnings released: EPS HK$0.78 (vs HK$0.39 in 1H 2020)

Co-Chief Executive & Executive Director recently bought €78k worth of stock

Co-Chief Executive & Executive Director recently bought €164k worth of stock

Executive Chairman recently bought €708k worth of stock

Full year 2020 earnings released: EPS HK$0.97 (vs HK$0.89 in FY 2019)

Group Chief Risk Officer has left the company

Full year 2020 earnings released: EPS HK$0.97 (vs HK$0.89 in FY 2019)

The Bank of East Asia, Limited, Annual General Meeting, May 06, 2021

New 90-day high: €1.98

New 90-day high: €1.82

The Bank of East Asia, Limited to Report Fiscal Year 2020 Results on Feb 24, 2021

The Bank of East Asia, Limited Announces Appointment of Directors and Members of Board Committees

The Bank of East Asia, Limited Announces Executive Changes

The Bank of East Asia, Limited Announces Appointments to Environmental, Social, and Governance Committee

New 90-day low: €1.55

Bank of East Asia, Limited Appoints Jaye Chiu as an Investment Banking Head

First half earnings released

New 90-day low - €1.83

Earnings released

KB Kookmin Bank completed the acquisition of 70% stake in PRASAC Microfinance Institution Limited from LOLC International Private Limited, The Bank of East Asia, Limited (SEHK:23) and Prasac Staff Company Ltd.

The Bank of East Asia, Limited to Report First Half, 2020 Results on Aug 20, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies