Declared Dividend • May 21
Final dividend of HK$0.49 announced Shareholders will receive a dividend of HK$0.49. Ex-date: 10th June 2026 Payment date: 25th June 2026 Dividend yield will be 36%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (45% payout ratio) and is expected to be well covered in 3 years' time (46% forecast payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 30
Dah Sing Banking Group Limited, Annual General Meeting, Jun 05, 2026 Dah Sing Banking Group Limited, Annual General Meeting, Jun 05, 2026. Duyuru • Mar 16
Dah Sing Banking Group Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Dah Sing Banking Group Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 30, 2026 Duyuru • Aug 22
Dah Sing Banking Group Limited Announces Interim Dividend for the Interim Period Ended June 30, 2025 Dah Sing Banking Group Limited announced interim dividend of HKD 0.31 per share for the interim period ended June 30, 2025 against HKD 0.27 per share a year ago. Duyuru • Mar 17
Dah Sing Banking Group Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Dah Sing Banking Group Limited announced that they will report fiscal year 2024 results at 12:30 PM, China Standard Time on Mar 31, 2025 Reported Earnings • Sep 02
First half 2024 earnings released: EPS: HK$0.99 (vs HK$0.79 in 1H 2023) First half 2024 results: EPS: HK$0.99 (up from HK$0.79 in 1H 2023). Revenue: HK$2.73b (up 19% from 1H 2023). Net income: HK$1.40b (up 26% from 1H 2023). Profit margin: 51% (up from 48% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Sep 02
First half dividend of HK$0.27 announced Shareholders will receive a dividend of HK$0.27. Ex-date: 11th September 2024 Payment date: 26th September 2024 Dividend yield will be 42%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (50% payout ratio) and is expected to be well covered in 3 years' time (49% forecast payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Aug 30
Dah Sing Banking Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on September 26, 2024 Dah Sing Banking Group Limited announced interim dividend of HKD 0.27 per share for the six months ended June 30, 2024. Ex-dividend date is September 11, 2024. Record date is September 17, 2024. Payment date is September 26, 2024. Duyuru • Aug 16
Dah Sing Banking Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Dah Sing Banking Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 Upcoming Dividend • May 29
Upcoming dividend of HK$0.49 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 20 June 2024. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (6.3%). Duyuru • Mar 29
Dah Sing Banking Group Limited, Annual General Meeting, May 31, 2024 Dah Sing Banking Group Limited, Annual General Meeting, May 31, 2024. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: HK$1.32 (vs HK$1.14 in FY 2022) Full year 2023 results: EPS: HK$1.32 (up from HK$1.14 in FY 2022). Revenue: HK$4.64b (up 6.9% from FY 2022). Net income: HK$1.86b (up 16% from FY 2022). Profit margin: 40% (up from 37% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Duyuru • Mar 28
Dah Sing Banking Group Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 20 June 2024 Dah Sing Banking Group Limited proposed final ordinary dividend for the year ended 31 December 2023 of HKD 0.49 per share. The dividend will be payable on 20 June 2024 with Record date of 12 June 2024 and Ex-dividend date 05 June 2024. Date of shareholders' approval on 31 May 2024. Duyuru • Mar 16
Dah Sing Banking Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Dah Sing Banking Group Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Upcoming Dividend • Aug 31
Upcoming dividend of HK$0.11 per share at 7.4% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (6.1%). Reported Earnings • Aug 25
First half 2023 earnings released: EPS: HK$0.79 (vs HK$0.78 in 1H 2022) First half 2023 results: EPS: HK$0.79 (up from HK$0.78 in 1H 2022). Revenue: HK$2.30b (up 5.5% from 1H 2022). Net income: HK$1.11b (up 1.1% from 1H 2022). Profit margin: 48% (down from 50% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Duyuru • Aug 24
Dah Sing Banking Group Limited Declares Interim Dividend for the Financial Year End 31 December 2023, Payable on September 21, 2023 Dah Sing Banking Group Limited declared an interim dividend of HKD 0.11 per share for the financial year end 31 December 2023, payable on September 21, 2023. Record date is 13 September 2023. Ex-dividend date is 07 September 2023. Duyuru • Aug 11
Dah Sing Banking Group Limited to Report First Half, 2023 Results on Aug 23, 2023 Dah Sing Banking Group Limited announced that they will report first half, 2023 results on Aug 23, 2023 Upcoming Dividend • May 31
Upcoming dividend of HK$0.29 per share at 6.6% yield Eligible shareholders must have bought the stock before 07 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.2%). Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: HK$1.14 (vs HK$1.18 in FY 2021) Full year 2022 results: EPS: HK$1.14 (down from HK$1.18 in FY 2021). Revenue: HK$4.34b (up 2.0% from FY 2021). Net income: HK$1.61b (down 2.9% from FY 2021). Profit margin: 37% (down from 39% in FY 2021). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 1.85% (up from 1.72% in FY 2021). Cost-to-income ratio: 44.2% (down from 56.1% in FY 2021). Non-performing loans: 1.81% (up from 0.94% in FY 2021). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Recent Insider Transactions • Sep 20
Deputy CEO & Executive Director recently bought €76k worth of stock On the 15th of September, Nicholas John Mayhew bought around 104k shares on-market at roughly €0.73 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €210k. Insiders have collectively bought €800k more in shares than they have sold in the last 12 months. Upcoming Dividend • Sep 01
Upcoming dividend of HK$0.10 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.6%). Recent Insider Transactions • Aug 30
Deputy CEO & Executive Director recently bought €183k worth of stock On the 26th of August, Nicholas John Mayhew bought around 240k shares on-market at roughly €0.76 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €252k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 25
First half 2022 earnings released: EPS: HK$0.78 (vs HK$0.79 in 1H 2021) First half 2022 results: EPS: HK$0.78 (down from HK$0.79 in 1H 2021). Revenue: HK$2.18b (down 7.1% from 1H 2021). Net income: HK$1.10b (down 1.0% from 1H 2021). Profit margin: 50% (up from 47% in 1H 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 39%, compared to a 16% growth forecast for the Banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 17% per year. Duyuru • Aug 25
Dah Sing Banking Group Limited Declares Interim Dividend for 2022 Payable on September 21, 2022 Dah Sing Banking Group Limited declared an interim dividend of HKD 0.10 per share for 2022 payable on September 21, 2022 to shareholders whose names are on the Register of Shareholders at the close of business on September 15, 2022. Duyuru • Aug 13
Dah Sing Banking Group Limited to Report First Half, 2022 Results on Aug 24, 2022 Dah Sing Banking Group Limited announced that they will report first half, 2022 results on Aug 24, 2022 Upcoming Dividend • May 25
Upcoming dividend of HK$0.24 per share Eligible shareholders must have bought the stock before 01 June 2022. Payment date: 16 June 2022. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.3%). Lower than average of industry peers (6.4%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: HK$1.18 (vs HK$1.06 in FY 2020) Full year 2021 results: EPS: HK$1.18 (up from HK$1.06 in FY 2020). Revenue: HK$4.25b (up 4.2% from FY 2020). Net income: HK$1.66b (up 11% from FY 2020). Profit margin: 39% (up from 37% in FY 2020). Net interest margin (NIM): 1.72% (up from 1.63% in FY 2020). Cost-to-income ratio: 56.1% (up from 54.0% in FY 2020). Non-performing loans: 0.94% (down from 1.11% in FY 2020). Over the next year, revenue is forecast to grow 33%, compared to a 8.1% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 23% per year. Duyuru • Apr 02
Dah Sing Banking Group Limited, Annual General Meeting, May 27, 2022 Dah Sing Banking Group Limited, Annual General Meeting, May 27, 2022. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: HK$1.18 (vs HK$1.06 in FY 2020) Full year 2021 results: EPS: HK$1.18 (up from HK$1.06 in FY 2020). Revenue: HK$4.28b (up 4.9% from FY 2020). Net income: HK$1.66b (up 11% from FY 2020). Profit margin: 39% (up from 37% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 8.6% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 22% per year. Duyuru • Apr 01
Dah Sing Banking Group Limited Proposes Final Dividend, Payable on 16 June 2022 At the forthcoming annual general meeting ("AGM") of Dah Sing Banking Group Limited to be held on 27 May 2022, the Directors will propose a final dividend of HKD 0.24 per share for 2021 to shareholders whose names are on the Register of Shareholders as at the close of business on 8 June 2022. Subject to shareholders' approval at the AGM, the final dividend will be payable on 16 June 2022. Record date is 27 May 2022. Upcoming Dividend • Sep 02
Upcoming dividend of HK$0.10 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 21 September 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.2%). Reported Earnings • Aug 27
First half 2021 earnings released: EPS HK$0.79 (vs HK$0.67 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$2.35b (up 14% from 1H 2020). Net income: HK$1.11b (up 17% from 1H 2020). Profit margin: 47% (up from 46% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 21% share price gain to HK$1.05, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Banks industry in Europe. Total loss to shareholders of 36% over the past three years. Upcoming Dividend • Jun 01
Upcoming dividend of HK$0.22 per share Eligible shareholders must have bought the stock before 07 June 2021. Payment date: 22 June 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.6%). Reported Earnings • Apr 24
Full year 2020 earnings released: EPS HK$1.06 (vs HK$1.59 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$4.08b (down 14% from FY 2019). Net income: HK$1.49b (down 33% from FY 2019). Profit margin: 37% (down from 47% in FY 2019). The decrease in margin was primarily driven by lower revenue. Net interest margin (NIM): 1.63% (down from 1.87% in FY 2019). Cost-to-income ratio: 54.0% (up from 52.9% in FY 2019). Non-performing loans: 1.11% (up from 0.75% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS HK$1.06 (vs HK$1.59 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$4.08b (down 14% from FY 2019). Net income: HK$1.49b (down 33% from FY 2019). Profit margin: 37% (down from 47% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Duyuru • Mar 13
Dah Sing Banking Group Limited to Report Fiscal Year 2020 Results on Mar 24, 2021 Dah Sing Banking Group Limited announced that they will report fiscal year 2020 results on Mar 24, 2021 Duyuru • Mar 12
Dah Sing Banking Group Limited Announces Demise of Yuen-Tin Ng, an Independent Non-Executive Director and a Member of the Audit Committee The board of directors of Dah Sing Banking Group Limited has been sadly informed that Mr. Yuen-Tin Ng (Mr. Ng), an independent non-executive director and a member of the Audit Committee of the Company, passed away on 25 February 2021. Mr. Ng had been an independent non-executive director and a member of the Audit Committee of the Company since April 2012. Executive Departure • Mar 10
Independent Non-Executive Director has left the company On the 25th of February, Yuen-Tin Ng's tenure as Independent Non-Executive Director ended after 8.9 years in the role. We don't have any record of a personal shareholding under Yuen-Tin's name. Yuen-Tin is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 27
New 90-day high: €0.90 The company is up 3.0% from its price of €0.87 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.51 per share. Is New 90 Day High Low • Nov 20
New 90-day high: €0.81 The company is up 1.0% from its price of €0.81 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.17 per share. Is New 90 Day High Low • Sep 25
New 90-day low: €0.71 The company is down 12% from its price of €0.81 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.26 per share. Reported Earnings • Sep 19
First half earnings released Over the last 12 months the company has reported total profits of HK$1.83b, down 26% from the prior year. Total revenue was HK$4.30b over the last 12 months, down 13% from the prior year. Duyuru • Aug 14
Dah Sing Banking Group Limited to Report Q2, 2020 Results on Aug 26, 2020 Dah Sing Banking Group Limited announced that they will report Q2, 2020 results on Aug 26, 2020