Hang Seng Bank Net Income 2024

Hang Seng Bank Net Income

18.77 B HKD

Hang Seng Bank Dividend yield

4.88 %

Ticker

11.HK

ISIN

HK0011000095

WKN

862271

In 2024, Hang Seng Bank's profit amounted to 18.77 B HKD, a 9.52% increase from the 17.14 B HKD profit recorded in the previous year.

The Hang Seng Bank Net Income history

YEARNET INCOME (undefined HKD)
2028e21.69
2027e20.87
2026e19.7
2025e19.08
2024e18.77
202317.14
202210.58
202113.26
202015.99
201924.42
201823.86
201719.69
201615.87
201527.49
201415.13
201326.68
201219.33
201116.89
201014.92
200913.14
200814.1
200718.24
200612.04
200511.34
200411.36

Hang Seng Bank Aktienanalyse

What does Hang Seng Bank do?

Hang Seng Bank Ltd is one of the largest banks in Hong Kong and an important player in the financial sector. The bank was founded in 1933 by Sir Shouson Chow as Hang Seng Ngan Ho, which translates to "Society for the Promotion of the Welfare of the People". From the beginning, the bank aimed to improve the prosperity of the local community by offering flexible and customer-oriented financial services. Over the years, Hang Seng Bank has steadily expanded its business and is now a universal bank with a wide range of products and services. In addition to traditional banking services such as deposits, loans, and payments, Hang Seng Bank also offers wealth management services, securities trading, investment, and insurance products. The bank is divided into various divisions to better meet customer needs. The Retail Banking and Wealth Management division offers products and services for individual customers, including savings accounts, credit cards, loans, insurance, and investment products. The Commercial Banking division targets business customers and offers a wide range of financial services and solutions, such as loans, payments, foreign exchange, and trade finance. Hang Seng Bank is also engaged in investment banking, enabling companies to raise capital and develop financing strategies. The bank also provides advisory services to assist investors in analyzing industry trends, mergers and acquisitions, and evaluating companies. In recent years, Hang Seng Bank has heavily invested in digitization. They have improved their online and mobile banking services to provide customers with a seamless and user-friendly experience. The bank has also introduced modern digital payment systems such as the Hang Seng Pay app and Tap & Go card to offer customers more flexibility and convenience. An important aspect of Hang Seng Bank's business is compliance with ethical and legal standards. The bank emphasizes corporate governance, transparency, and sustainability. They also support community development through various charity programs and donation campaigns. Hang Seng Bank is a key player in the financial industry in Hong Kong and a trusted institution committed to meeting customer needs and promoting sustainable growth. With a wide range of products and services, as well as a strong focus on digitization and ethics, the bank will remain an important company in the region in the future. Hang Seng Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Hang Seng Bank's Profit Margins

The profit margins of Hang Seng Bank represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Hang Seng Bank's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Hang Seng Bank's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Hang Seng Bank's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Hang Seng Bank’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Hang Seng Bank Stock

How much profit has Hang Seng Bank made this year?

Hang Seng Bank has made 18.77 B HKD this year.

How has the profit developed compared to last year?

The profit has increased by 9.52% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Hang Seng Bank publish its earnings?

Hang Seng Bank publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Hang Seng Bank?

The profits of Hang Seng Bank are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Hang Seng Bank?

You can learn more about the earnings of Hang Seng Bank by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Hang Seng Bank pay?

Over the past 12 months, Hang Seng Bank paid a dividend of 5.3 HKD . This corresponds to a dividend yield of about 4.88 %. For the coming 12 months, Hang Seng Bank is expected to pay a dividend of 5.38 HKD.

What is the dividend yield of Hang Seng Bank?

The current dividend yield of Hang Seng Bank is 4.88 %.

When does Hang Seng Bank pay dividends?

Hang Seng Bank pays a quarterly dividend. This is distributed in the months of November, April, June, June.

How secure is the dividend of Hang Seng Bank?

Hang Seng Bank paid dividends every year for the past 25 years.

What is the dividend of Hang Seng Bank?

For the upcoming 12 months, dividends amounting to 5.38 HKD are expected. This corresponds to a dividend yield of 4.96 %.

In which sector is Hang Seng Bank located?

Hang Seng Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hang Seng Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hang Seng Bank from 6/6/2024 amounting to 0.15 HKD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Hang Seng Bank pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Hang Seng Bank in the year 2023?

In the year 2023, Hang Seng Bank distributed 3.9 HKD as dividends.

In which currency does Hang Seng Bank pay out the dividend?

The dividends of Hang Seng Bank are distributed in HKD.

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Andere Kennzahlen von Hang Seng Bank

Our stock analysis for Hang Seng Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hang Seng Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.