23 Stock Overview
Provides various banking and related financial services. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
The Bank of East Asia, Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$9.81 |
| 52 Week High | HK$10.96 |
| 52 Week Low | HK$8.61 |
| Beta | 0.61 |
| 1 Month Change | 2.51% |
| 3 Month Change | 1.24% |
| 1 Year Change | 3.81% |
| 3 Year Change | -12.10% |
| 5 Year Change | -43.62% |
| Change since IPO | -6.77% |
Recent News & Updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at The Bank of East Asia, Limited (HKG:23)
May 03
Bank of East Asia (HKG:23) Has Announced A Dividend Of HK$0.18
Feb 28Here's Why We Think Bank of East Asia (HKG:23) Is Well Worth Watching
Oct 25Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.36
Aug 27Bank of East Asia's (HKG:23) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 19Bank of East Asia's (HKG:23) Dividend Is Being Reduced To HK$0.16
Aug 22Bank of East Asia's (HKG:23) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Earnings Miss: The Bank of East Asia, Limited Missed EPS By 8.3% And Analysts Are Revising Their Forecasts
Feb 26Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.35
Aug 21Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?
May 06The Bank of East Asia, Limited (HKG:23) Will Pay A HK$0.24 Dividend In Three Days
Mar 06Would Shareholders Who Purchased Bank of East Asia's (HKG:23) Stock Three Years Be Happy With The Share price Today?
Feb 27How Many The Bank of East Asia, Limited (HKG:23) Shares Did Insiders Buy, In The Last Year?
Feb 01Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?
Jan 03What Type Of Shareholders Own The Most Number of The Bank of East Asia, Limited (HKG:23) Shares?
Dec 07
Shareholder Returns
| 23 | HK Banks | HK Market | |
|---|---|---|---|
| 7D | -0.3% | 2.6% | 0.8% |
| 1Y | 3.8% | 35.2% | 21.1% |
Return vs Industry: 23 underperformed the Hong Kong Banks industry which returned 35.2% over the past year.
Return vs Market: 23 underperformed the Hong Kong Market which returned 21.1% over the past year.
Price Volatility
| 23 volatility | |
|---|---|
| 23 Average Weekly Movement | 2.9% |
| Banks Industry Average Movement | 5.5% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 23 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 23's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1918 | 8,092 | Adrian David Li | www.hkbea.com |
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import and export trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; and marine cargo, property, trade credit, employee compensation, life, savings, and endowment insurance plans.
The Bank of East Asia, Limited Fundamentals Summary
| 23 fundamental statistics | |
|---|---|
| Market cap | HK$25.75b |
| Earnings (TTM) | HK$3.00b |
| Revenue (TTM) | HK$14.27b |
8.6x
P/E Ratio0.2x
P/B RatioIs 23 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 23 income statement (TTM) | |
|---|---|
| Revenue | HK$14.27b |
| Cost of Revenue | HK$0 |
| Gross Profit | HK$14.27b |
| Other Expenses | HK$11.28b |
| Earnings | HK$3.00b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.14 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.00% |
| Debt/Equity Ratio | 24.3% |
How did 23 perform over the long term?
See historical performance and comparisonDividends
5.5%
Current Dividend Yield43%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 10:33 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Bank of East Asia, Limited is covered by 31 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wing San Wong | Barclays |
| Dominic Chan | BNP Paribas Securities (Asia) |
| Lingjie Kong | BOCI Research Ltd. |