Hang Seng Bank Past Earnings Performance
Past criteria checks 3/6
Hang Seng Bank's earnings have been declining at an average annual rate of -11%, while the Banks industry saw earnings growing at 16.3% annually. Revenues have been declining at an average rate of 2.6% per year. Hang Seng Bank's return on equity is 10.8%, and it has net margins of 48.5%.
Key information
-11.0%
Earnings growth rate
-11.0%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | -2.6% |
| Return on equity | 10.8% |
| Net Margin | 48.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hang Seng Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 35,489 | 17,206 | 13,933 | 0 |
| 31 Mar 24 | 35,032 | 17,173 | 13,812 | 0 |
| 31 Dec 23 | 34,574 | 17,140 | 13,690 | 0 |
| 30 Sep 23 | 33,661 | 16,020 | 13,504 | 0 |
| 30 Jun 23 | 32,747 | 14,899 | 13,317 | 0 |
| 31 Mar 23 | 29,726 | 12,738 | 13,205 | 0 |
| 31 Dec 22 | 26,705 | 10,576 | 13,093 | 0 |
| 30 Sep 22 | 26,193 | 10,284 | 13,353 | 0 |
| 30 Jun 22 | 25,681 | 9,992 | 13,612 | 0 |
| 31 Mar 22 | 28,122 | 11,625 | 13,637 | 0 |
| 31 Dec 21 | 30,563 | 13,257 | 13,662 | 0 |
| 30 Sep 21 | 31,673 | 14,434 | 13,476 | 0 |
| 30 Jun 21 | 32,783 | 15,610 | 13,290 | 0 |
| 31 Mar 21 | 32,016 | 15,799 | 13,099 | 0 |
| 31 Dec 20 | 31,248 | 15,987 | 12,908 | 0 |
| 30 Sep 20 | 32,266 | 17,963 | 12,853 | 0 |
| 30 Jun 20 | 33,284 | 19,938 | 12,797 | 0 |
| 31 Mar 20 | 35,201 | 22,180 | 12,845 | 0 |
| 31 Dec 19 | 37,118 | 24,421 | 12,893 | 0 |
| 30 Sep 19 | 38,068 | 24,492 | 12,764 | 0 |
| 30 Jun 19 | 39,018 | 24,563 | 12,635 | 0 |
| 31 Mar 19 | 38,957 | 24,213 | 12,340 | 0 |
| 31 Dec 18 | 38,895 | 23,863 | 12,044 | 0 |
| 30 Sep 18 | 37,544 | 23,183 | 11,585 | 0 |
| 30 Jun 18 | 36,192 | 22,502 | 11,126 | 0 |
| 31 Mar 18 | 34,799 | 21,098 | 10,894 | 0 |
| 31 Dec 17 | 33,405 | 19,693 | 10,661 | 0 |
| 30 Sep 17 | 31,814 | 18,696 | 10,541 | 0 |
| 30 Jun 17 | 30,222 | 17,699 | 10,420 | 0 |
| 31 Mar 17 | 28,638 | 16,783 | 10,284 | 0 |
| 31 Dec 16 | 27,053 | 15,866 | 10,147 | 0 |
| 30 Sep 16 | 26,231 | 15,504 | 10,184 | 0 |
| 30 Jun 16 | 25,408 | 15,141 | 10,221 | 0 |
| 31 Mar 16 | 31,411 | 21,163 | 10,297 | 0 |
| 31 Dec 15 | 37,413 | 27,184 | 10,372 | 0 |
| 30 Sep 15 | 37,505 | 26,948 | 10,185 | 0 |
| 30 Jun 15 | 37,596 | 26,711 | 9,997 | 0 |
| 31 Mar 15 | 31,718 | 20,921 | 9,750 | 0 |
| 31 Dec 14 | 25,839 | 15,131 | 9,502 | 0 |
| 30 Sep 14 | 26,273 | 15,905 | 9,395 | 0 |
| 30 Jun 14 | 26,707 | 16,678 | 9,287 | 0 |
| 31 Mar 14 | 30,687 | 21,678 | 9,139 | 0 |
| 31 Dec 13 | 34,667 | 26,678 | 8,990 | 0 |
| 30 Sep 13 | 33,992 | 27,610 | 8,798 | 0 |
Quality Earnings: HSB1 has high quality earnings.
Growing Profit Margin: HSB1's current net profit margins (48.5%) are higher than last year (45.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HSB1's earnings have declined by 11% per year over the past 5 years.
Accelerating Growth: HSB1's earnings growth over the past year (15.5%) exceeds its 5-year average (-11% per year).
Earnings vs Industry: HSB1 earnings growth over the past year (15.5%) did not outperform the Banks industry 18.4%.
Return on Equity
High ROE: HSB1's Return on Equity (10.8%) is considered low.