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OTCMKTS:HSNGY

Hang Seng Bank (HSNGY) Stock Price, News & Analysis

Hang Seng Bank logo
$12.06 +0.20 (+1.69%)
(As of 11/20/2024 ET)

About Hang Seng Bank Stock (OTCMKTS:HSNGY)

Key Stats

Today's Range
$11.82
$12.06
50-Day Range
$11.42
$13.32
52-Week Range
$10.20
$14.81
Volume
4,857 shs
Average Volume
48,174 shs
Market Capitalization
$22.70 billion
P/E Ratio
N/A
Dividend Yield
4.48%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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, 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 operates as a subsidiary of The Hongkong and Shanghai Banking Corporation Limited.

Hang Seng Bank Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

HSNGY MarketRank™: 

Hang Seng Bank scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Hang Seng Bank.

  • Earnings Growth

    Earnings for Hang Seng Bank are expected to decrease by -4.72% in the coming year, from $1.06 to $1.01 per share.

  • Price to Earnings Growth Ratio

    Hang Seng Bank has a PEG Ratio of 4.53. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Hang Seng Bank has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Hang Seng Bank have been sold short.
  • Short Interest Ratio / Days to Cover

    Hang Seng Bank has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hang Seng Bank has recently increased by 25.00%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Hang Seng Bank is a leading dividend payer. It pays a dividend yield of 4.61%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Hang Seng Bank does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Hang Seng Bank will have a dividend payout ratio of 53.47% next year. This indicates that Hang Seng Bank will be able to sustain or increase its dividend.

  • Read more about Hang Seng Bank's dividend.
  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Hang Seng Bank have been sold short.
  • Short Interest Ratio / Days to Cover

    Hang Seng Bank has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hang Seng Bank has recently increased by 25.00%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Hang Seng Bank has a news sentiment score of 1.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Hang Seng Bank this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Hang Seng Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
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HSNGY Stock News Headlines

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Chinese stocks soar as Hang Seng finishes up 3.6%
See More Headlines

HSNGY Stock Analysis - Frequently Asked Questions

Hang Seng Bank's stock was trading at $11.70 on January 1st, 2024. Since then, HSNGY stock has increased by 3.1% and is now trading at $12.06.
View the best growth stocks for 2024 here
.

Shares of HSNGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 9/16 Dividend
8/15/2024
Dividend Payable
9/16/2024
Ex-Dividend for 11/22 Dividend
10/23/2024
Today
11/20/2024
Dividend Payable
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:HSNGY
Previous Symbol
NASDAQ:HSNGY
Employees
7,020
Year Founded
1933

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$8.32 billion
Cash Flow
$0.88 per share
Book Value
$12.29 per share

Miscellaneous

Outstanding Shares
1,882,270,000
Free Float
1,879,255,000
Market Cap
$22.70 billion
Optionable
Not Optionable
Beta
0.26

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This page (OTCMKTS:HSNGY) was last updated on 11/21/2024 by MarketBeat.com Staff
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