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Bank of East Asia SEHK:23 Stock Report

Last Price

HK$9.74

Market Cap

HK$25.6b

7D

2.9%

1Y

-12.3%

Updated

25 Aug, 2024

Data

Company Financials +

The Bank of East Asia, Limited

SEHK:23 Stock Report

Market Cap: HK$25.6b

The Bank of East Asia, Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bank of East Asia
Historical stock prices
Current Share PriceHK$9.74
52 Week HighHK$11.46
52 Week LowHK$8.61
Beta0.62
11 Month Change0.21%
3 Month Change-8.80%
1 Year Change-12.25%
33 Year Change-22.58%
5 Year Change-50.86%
Change since IPO-7.43%

Recent News & Updates

Increases to CEO Compensation Might Be Put On Hold For Now at The Bank of East Asia, Limited (HKG:23)

May 03
Increases to CEO Compensation Might Be Put On Hold For Now at The Bank of East Asia, Limited (HKG:23)

Recent updates

Increases to CEO Compensation Might Be Put On Hold For Now at The Bank of East Asia, Limited (HKG:23)

May 03
Increases to CEO Compensation Might Be Put On Hold For Now at The Bank of East Asia, Limited (HKG:23)

Bank of East Asia (HKG:23) Has Announced A Dividend Of HK$0.18

Feb 28
Bank of East Asia (HKG:23) Has Announced A Dividend Of HK$0.18

Here's Why We Think Bank of East Asia (HKG:23) Is Well Worth Watching

Oct 25
Here's Why We Think Bank of East Asia (HKG:23) Is Well Worth Watching

Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.36

Aug 27
Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.36

Bank of East Asia's (HKG:23) Shareholders Will Receive A Smaller Dividend Than Last Year

Feb 19
Bank of East Asia's (HKG:23) Shareholders Will Receive A Smaller Dividend Than Last Year

Bank of East Asia's (HKG:23) Dividend Is Being Reduced To HK$0.16

Aug 22
Bank of East Asia's (HKG:23) Dividend Is Being Reduced To HK$0.16

Bank of East Asia's (HKG:23) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27
Bank of East Asia's (HKG:23) Upcoming Dividend Will Be Larger Than Last Year's

Earnings Miss: The Bank of East Asia, Limited Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

Feb 26
Earnings Miss: The Bank of East Asia, Limited Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.35

Aug 21
Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.35

Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?

May 06
Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?

The Bank of East Asia, Limited (HKG:23) Will Pay A HK$0.24 Dividend In Three Days

Mar 06
The Bank of East Asia, Limited (HKG:23) Will Pay A HK$0.24 Dividend In Three Days

Would Shareholders Who Purchased Bank of East Asia's (HKG:23) Stock Three Years Be Happy With The Share price Today?

Feb 27
Would Shareholders Who Purchased Bank of East Asia's (HKG:23) Stock Three Years Be Happy With The Share price Today?

How Many The Bank of East Asia, Limited (HKG:23) Shares Did Insiders Buy, In The Last Year?

Feb 01
How Many The Bank of East Asia, Limited (HKG:23) Shares Did Insiders Buy, In The Last Year?

Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?

Jan 03
Should The Bank of East Asia, Limited (HKG:23) Be Part Of Your Dividend Portfolio?

What Type Of Shareholders Own The Most Number of The Bank of East Asia, Limited (HKG:23) Shares?

Dec 07
What Type Of Shareholders Own The Most Number of The Bank of East Asia, Limited (HKG:23) Shares?

Shareholder Returns

23HK BanksHK Market
7D2.9%1.7%0.3%
1Y-12.3%30.4%4.0%

Return vs Industry: 23 underperformed the Hong Kong Banks industry which returned 30.4% over the past year.

Return vs Market: 23 underperformed the Hong Kong Market which returned 4% over the past year.

Price Volatility

Is 23's price volatile compared to industry and market?
23 volatility
23 Average Weekly Movement2.7%
Banks Industry Average Movement3.6%
Market Average Movement6.3%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 23 has not had significant price volatility in the past 3 months.

Volatility Over Time: 23's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19188,092Adrian David Liwww.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

How do Bank of East Asia's earnings and revenue compare to its market cap?
23 fundamental statistics
Market capHK$25.64b
Earnings (TTM)HK$3.00b
Revenue (TTM)HK$14.27b

8.6x

P/E Ratio

0.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
23 income statement (TTM)
RevenueHK$14.27b
Cost of RevenueHK$0
Gross ProfitHK$14.27b
Other ExpensesHK$11.28b
EarningsHK$3.00b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.14
Gross Margin100.00%
Net Profit Margin21.00%
Debt/Equity Ratio24.3%

How did 23 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

43%

Payout Ratio

Does 23 pay a reliable dividends?

See 23 dividend history and benchmarks
When do you need to buy 23 by to receive an upcoming dividend?
Bank of East Asia dividend dates
Ex Dividend DateSep 04 2024
Dividend Pay DateOct 14 2024
Days until Ex dividend10 days
Days until Dividend pay date50 days

Does 23 pay a reliable dividends?

See 23 dividend history and benchmarks