Bank of East Asia released its earnings results on Feb 16, 2023. The company reported $0.119 earnings per share for the quarter, beating the consensus estimate of $0.063 by $0.056.

Is Bank of East Asia overvalued?

According to Wall Street analysts Bank of East Asia’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Bank of East Asia pay dividends?

Bank of East Asia pays a Thriceyearly dividend of $0.02 which represents an annual dividend yield of 2.87%. See more information on Bank of East Asia dividends here

What is Bank of East Asia’s EPS estimate?

Bank of East Asia’s EPS estimate is $0.11.

How many shares outstanding does Bank of East Asia have?

Bank of East Asia has 2,670,360,400 shares outstanding.

What happened to Bank of East Asia’s price movement after its last earnings report?

Bank of East Asia reported an EPS of $0.119 in its last earnings report, beating expectations of $0.063. Following the earnings report the stock price went down -1.55%.

Which hedge fund is a major shareholder of Bank of East Asia?

Currently, no hedge funds are holding shares in BKEAY

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Bank of East Asia Stock Smart Score

Neutral

Technicals

Fundamentals

Return on Equity

3.68%

Trailing 12-Months

Asset Growth

-2.82%

Trailing 12-Months

The Bank of East Asia stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

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Company Description

Bank of East Asia

Bank of East Asia Ltd. engages in the provision of banking, financial, business, corporate, and investor services. It operates through the following segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Other Hong Kong Banking Operations, Mainland China Operations, Overseas Operations, Corporate Services, and Others. The Personal Banking segment handles branch operations, personal internet banking, consumer finance, and property loans and credit card business. The Corporate Banking segment includes corporate lending and loan syndication, asset based lending, commercial lending, and securities lending in Hong Kong. The Treasury Markets segment involves in the treasury operations and securities dealing. The Wealth Management segment offers private banking business and related assets. The Financial Institutions segment provides trade financing activities with correspondent banks. The Other Hong Kong Banking Operations segment manages the insurance business, trust business, securities and futures broking, money lender activities, and corporate financial advisory in Hong Kong. The Mainland China Operations segment consists of the back office unit for China operations in Hong Kong, branches and subsidiaries in China, except those subsidiaries carrying out corporate services, data processing, and back office operations and associates operated in China. The Overseas Operations segment includes back office unit for overseas operations in Hong Kong, overseas branches and subsidiaries, except those subsidiaries carrying out corporate services, and associates operated in overseas. The Corporate Services segment covers the company secretarial services, share registration and business services, and offshore corporate and trust services. The Others segment comprises of insurance business, property-related business, supporting units of Hong Kong operations, investment properties, bank premises, and the net results of associates and other subsidiaries. The company was founded in 1918 and is headquartered in Hong Kong.

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