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Hang Seng Bank Ltd 00011

Morningstar Rating
HKD 106.80 −0.40 (0.37%)
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Company Report

Hang Seng Bank's Net Interest Margins May Have Peaked but Easing Likely To Be Gradual

Hang Seng Bank has a track record of prudently managing risks and lending conservatively that enabled it to emerge unscathed from the Asian financial crisis of 25 years ago and the global financial crisis. Unlike most of its peers, it did not need to raise equity at a discount to repair its balance sheet after 2008. The bank's cost-efficient operations are supported by a large deposit base, mainly from low-cost current and savings accounts, and its profitability in Hong Kong has consistently outperformed most of its peers.

Price vs Fair Value

00011 is trading at a 822% premium.
Price
HKD 107.20
Fair Value
HKD 327.00
Uncertainty
Medium
1-Star Price
HKD 153.90
5-Star Price
HKD 88.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Hang Seng Bank's low funding cost is supported by a large deposit base, which makes up the majority of its total funding base.

Bears

Limited growth opportunity in Hong Kong has tempted Hang Seng Bank into less familiar and potentially riskier offshore markets and in mainland China.

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News

Trading Information

Previous Close Price
HKD 107.20
Day Range
HKD 105.00107.60
52-Week Range
HKD 78.05120.20
Bid/Ask
HKD 106.80 / HKD 107.00
Market Cap
HKD 202.41 Bil
Volume/Avg
706,639 / 2.5 Mil

Key Statistics

Price/Earnings (Normalized)
11.95
Price/Sales
4.98
Dividend Yield (Trailing)
6.16%
Dividend Yield (Forward)
6.16%
Total Yield
6.16%

Company Profile

Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Large Value
Total Number of Employees
6,932

Competitors

Valuation

Metric
00011
O39
D05
Price/Earnings (Normalized)
11.959.008.75
Price/Book Value
1.221.151.58
Price/Sales
4.984.654.85
Price/Cash Flow
8.738.94
Price/Earnings
00011
O39
D05

Financial Strength

Metric
00011
O39
D05
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
00011
O39
D05
Return on Assets (Normalized)
1.02%1.13%1.38%
Return on Equity (Normalized)
10.89%12.41%17.20%
Return on Invested Capital (Normalized)
Return on Assets
00011
O39
D05
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Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Truist Financial Corp
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Lloyds Banking Group PLC ADR
LYG
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NatWest Group PLC ADR
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HmzjwHwy$32.6 Bil
Deutsche Bank AG
DB
BzrqQvcg$30.6 Bil

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