Earnings Alerts

BOC Hong Kong (BOC HK) (2388) Earnings Analysis: 1Q Net Operating Income Before Impairment Hits HK$17.79B

  • BOCHK reported a net operating income before impairment of HK$17.79 billion.
  • The operating profit before impairment allowances stood at HK$13.81 billion.
  • The organization’s operating expenses were accounted for HK$3.99 billion.
  • Net interest income was recorded at HK$14.30 billion.
  • The net interest margin was calculated at 1.61%.
  • A total of 12 buys were recorded, along with 2 holds, and no sells.

A look at BOC Hong Kong (BOC HK) Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

BOC Hong Kong (Holdings) Limited, a leading financial institution, has been assessed utilizing the Smartkarma Smart Scores. With a diverse range of financial products and services catered to both retail and corporate clients, the company’s outlook is promising. While it shows strength in areas such as dividend and growth potential, there are areas of improvement for resilience. However, with a solid momentum score, BOC Hong Kong (BOC HK) is positioned for continued success in the long term.

As a provider of retail banking, corporate banking, and treasury services in Hong Kong and China, BOC Hong Kong (BOC HK) has built a reputation for its financial stability and growth prospects. The high scores in dividend and growth suggest a profitable future, while the valuation score indicates a fair market value. Although there are challenges in resilience, the strong momentum score signifies positive market sentiment. Overall, with a robust overall outlook, BOC Hong Kong (BOC HK) is poised to thrive in the financial industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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