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The Bank of East Asia, Limited is currently in a long term downtrend where the price is trading 14.9% below its 200 day moving average.
From a valuation standpoint, the stock is 81.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.8.
The Bank of East Asia, Limited's total revenue sank by 0.0% to $4B since the same quarter in the previous year.
Its net income has dropped by 7.9% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 184.7% to $7B since the same quarter in the previous year.
Based on the above factors, The Bank of East Asia, Limited gets an overall score of 2/5.
Exchange | HK |
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CurrencyCode | HKD |
ISIN | HK0023000190 |
Sector | Financial Services |
Industry | Banks - Regional |
Market Cap | 28B |
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PE Ratio | 7.01 |
Target Price | 10.8267 |
Dividend Yield | 6.6% |
Beta | 0.75 |
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import and export trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; and marine cargo, property, trade credit, employee compensation, life, savings, and endowment insurance plans. In addition, it offers private banking services comprising investment advisory services; investment solutions, such as unit trusts, linked deposits, currency trading and management, global equities and bonds investments, structured products, and options and derivatives; portfolio management services; securities and futures broking services; cyber banking, credit cards, and ATM; and various international services. The company operates outlets in Hong Kong, rest of Greater China, Singapore, Malaysia, the United Kingdom, and the United States. The Bank of East Asia, Limited was incorporated in 1918 and is headquartered in Central, Hong Kong.
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