- Last Close 9.65
- Sector Financial Services
- Industry Banks - Regional
- Investment Style Large Value
- Day Range 9.63 – 9.78
- Year Range 7.42 – 12.40
- Market Cap 25.8292 Bil
- Volume / Avg 1.2 Mil / 1.4 Mil
- Price / Sales 1.80
- Price / Book 0.24
- Forward Div Yield 3.42%
- Trailing Div Yield 8.07%
Morningstar‘s Stock Analysis 00023
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Company Profile 00023
Bank of East Asia Ltd was founded in 1918 by Li Koon-Chun, great-grandfather of present Chairman David Li Kwok-po. The bank offers an array of financial services, including personal and corporate banking, investment services, wealth management, and trade financing. The bank has expanded its mainland China operations during the past 30 years while the bank's overseas operations also extends to several major global markets. The bank's new strategic initiative in China is to focus on retail through partnerships with online platforms in mainland China. The bank is also undergoing a strategic review, seeking to divest noncore assets to lift profitability.
Hong Kong, HKG
Related Articles 00023
FAQs for Bank of East Asia Ltd Stock
Yes. 00023 has a forward dividend yield of 3.42%.
00023’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
00023’s market cap is 25.83 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
00023’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
00023’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare 00023’s historical performance against its industry peers and the overall market.