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Hang Seng Bank Limited is currently in a long term uptrend where the price is trading 6.5% above its 200 day moving average.
From a valuation standpoint, the stock is 64.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.3.
Hang Seng Bank Limited's total revenue sank by 0.0% to $9B since the same quarter in the previous year.
Its net income has dropped by 32.5% to $8B since the same quarter in the previous year.
Finally, its free cash flow grew by 104.2% to $10B since the same quarter in the previous year.
Based on the above factors, Hang Seng Bank Limited gets an overall score of 3/5.
ISIN | HK0011000095 |
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Industry | Banks-Regional |
Sector | Financial Services |
CurrencyCode | HKD |
Exchange | HK |
Market Cap | 217B |
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Dividend Yield | 7.1% |
Target Price | 138.74 |
PE Ratio | 22.93 |
Beta | 0.58 |
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other. The company offers personal banking services, including current and savings accounts, time deposits, mortgages and personal loans, credit cards, and insurance, investment, and other wealth management services, as well as consumer lending and wealth management services. It also provides corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment services, and corporate wealth management services; general banking and transaction banking, corporate lending, deposits, and cash management services; and tailored solutions and services in foreign exchange, bullion, equities, fixed income, and securities financing, as well as manages the funding and liquidity position activities. In addition, the company offers retirement benefits, life assurance, fund management, and stock broking services, as well as index compilation and licensing; fund raising and sales; and asset management services. It operates service outlets in Hong Kong; branches in Macau and Singapore; and representative office in Taipei, Taiwan, as well as a network of outlets in the Mainland of China. The company was founded in 1933 and is headquartered in Central, Hong Kong. Hang Seng Bank Limited is a subsidiary of The Hongkong and Shanghai Banking Corporation Limited.
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