- Common Equity Tier 1 Ratio: Hang Seng Bank reported a 16.6% ratio, below the estimated 17.2%.
- Net Interest Income: The bank’s net interest income was HK$15.48 billion, falling short of the HK$16.05 billion estimate.
- Net Income: Total net income reported was HK$9.89 billion.
- Net Fee Income: The net fee income stood at HK$2.56 billion.
- Operating Expenses: Operating expenses were HK$7.52 billion.
- Second Interim Dividend: A second interim dividend per share was declared at HK$1.20.
- Analyst Recommendations: There are 3 buy ratings, 9 hold ratings, and 1 sell rating for the stock.
A look at Hang Seng Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Hang Seng Bank Limited and its subsidiaries provide banking and related financial services. Smartkarma’s Smart Scores for Hang Seng Bank show promising indicators for its long-term outlook. With solid scores across multiple factors including Value, Dividend, Growth, Resilience, and Momentum, the overall outlook for the company appears positive. A score of 4 in Dividend and Growth suggests a company that is both financially stable and poised for future expansion. A Momentum score of 4 indicates a strong performance trend, adding to the confidence in Hang Seng Bank‘s future prospects.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
