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Hang Seng Bank LimitedSEHK:11 Stock Report

Market Cap HK$36.1b
Share Price
HK$154.30
HK$102
51.3% overvalued intrinsic discount
1Y58.3%
7D0%
1D
Portfolio Value
View

Hang Seng Bank Limited

SEHK:11 Stock Report

Market Cap: HK$36.1b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Hang Seng Bank (11) Stock Overview

Provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally. More details

11 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends3/6

11 Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hang Seng Bank Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hang Seng Bank
Historical stock prices
Current Share PriceHK$154.30
52 Week HighHK$168.00
52 Week LowHK$92.05
Beta0.42
1 Month Change0.46%
3 Month Change1.78%
1 Year Change58.34%
3 Year Change22.07%
5 Year Change10.29%
Change since IPO432.49%

Recent News & Updates

Narrative Update Jan 19

11: Index Removals And Rich P/E Will Pressure Future Share Returns

Analysts have raised their fair value estimate for Hang Seng Bank from HK$85.00 to HK$102.00, citing updated assumptions for revenue growth, profit margins and future P/E that they see as better reflecting the bank's earnings profile. What's in the News Hang Seng Bank Limited has been dropped from the Hang Seng Index, removing it from one of Hong Kong's primary equity benchmarks (Key Developments).
Narrative Update Jan 04

11: Takeover And Delisting Will Cap Future Returns Despite Stable Outlook

Analysts have modestly revised their price target for Hang Seng Bank to HK$108.50, reflecting steady expectations for revenue growth and profit margins, as well as an unchanged view on the bank's long term valuation multiple. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion, offering HKD 155 per share in cash, implying a price to book multiple of about 1.8 times and paving the way for Hang Seng to become a wholly owned HSBC subsidiary (Key Developments).
Narrative Update Dec 19

11: Privatisation Offer Will Limit Future Upside As Delisting Risk Persists

Narrative Update on Hang Seng Bank The analyst price target for Hang Seng Bank was maintained at HKD 108.50, as analysts highlight a steady outlook for fair value, discount rate, and key profitability and growth assumptions. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion, offering HKD 155 per share in cash and aiming to make Hang Seng a wholly owned subsidiary while retaining its brand and local operations (M&A Transaction Announcements).

Recent updates

Narrative Update Jan 19

11: Index Removals And Rich P/E Will Pressure Future Share Returns

Analysts have raised their fair value estimate for Hang Seng Bank from HK$85.00 to HK$102.00, citing updated assumptions for revenue growth, profit margins and future P/E that they see as better reflecting the bank's earnings profile. What's in the News Hang Seng Bank Limited has been dropped from the Hang Seng Index, removing it from one of Hong Kong's primary equity benchmarks (Key Developments).
Narrative Update Jan 04

11: Takeover And Delisting Will Cap Future Returns Despite Stable Outlook

Analysts have modestly revised their price target for Hang Seng Bank to HK$108.50, reflecting steady expectations for revenue growth and profit margins, as well as an unchanged view on the bank's long term valuation multiple. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion, offering HKD 155 per share in cash, implying a price to book multiple of about 1.8 times and paving the way for Hang Seng to become a wholly owned HSBC subsidiary (Key Developments).
Narrative Update Dec 19

11: Privatisation Offer Will Limit Future Upside As Delisting Risk Persists

Narrative Update on Hang Seng Bank The analyst price target for Hang Seng Bank was maintained at HKD 108.50, as analysts highlight a steady outlook for fair value, discount rate, and key profitability and growth assumptions. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion, offering HKD 155 per share in cash and aiming to make Hang Seng a wholly owned subsidiary while retaining its brand and local operations (M&A Transaction Announcements).
Narrative Update Dec 05

11: Privatisation Offer Will Cap Upside As Delisting Risk Dominates

Analysts have modestly raised their price target for Hang Seng Bank to HKD 108.50 from HKD 108.50, reflecting stable assumptions on the discount rate, revenue growth, profit margins, and valuation multiples. What's in the News HSBC has proposed to acquire the remaining 36.51% stake in Hang Seng Bank for approximately HKD 110 billion at HKD 155 per share, valuing the deal at an implied 1.8x price to book and paving the way for Hang Seng to become a wholly owned HSBC subsidiary, subject to regulatory and shareholder approvals, with closing targeted in the first half of 2026 (Key Developments).
Narrative Update Nov 21

11: Privatization Proposal Will Pressure Upside as Loan Sale Weighs on Outlook

Analysts have revised their price target for Hang Seng Bank downward from $114.31 to $108.50. They cite shifts in projected profit margins, as well as slight adjustments to expected revenue growth and valuation multiples.
Narrative Update Nov 06

11: Privatisation Plan Could Limit Upside Amid Real Estate Loan Sale Risk

Analysts have slightly adjusted their price target for Hang Seng Bank and are maintaining it at HK$114.31. They cite modest shifts in their discount rate and projected profit margin as the basis for this stable outlook.
Narrative Update Oct 23

Analysts Lift Hang Seng Bank Price Target amid M&A Moves and Adjusted Valuation Forecasts

Narrative Update on Hang Seng Bank Analysts have raised their price target for Hang Seng Bank from $108.94 to $114.31. This change is attributed to modest improvements in revenue growth expectations, even though there is a slight decrease in projected profit margins.
Narrative Update Oct 09

Asian Wealth And Fintech Trends Will Drive Future Value

Analysts have updated their price target for Hang Seng Bank, raising it slightly from $107.05 to $108.94 due to modest improvements in revenue growth forecasts and adjusted profit margin expectations. What's in the News A board meeting is scheduled for October 10, 2025, to consider declaring the bank's third interim dividend and to address other business (Key Developments).
Narrative Update Sep 24

Asian Wealth And Fintech Trends Will Drive Future Value

Hang Seng Bank’s top metrics, including future P/E and revenue growth forecasts, remained broadly stable, supporting the consensus analyst price target’s slight increase from HK$105.81 to HK$107.05. What's in the News Hang Seng Bank is considering selling a property-backed loan portfolio worth at least USD 1 billion to clear bad debt from the city's commercial real estate slump.
Analysis Article May 01

Hang Seng Bank (HKG:11) Will Pay A Dividend Of HK$1.30

The board of Hang Seng Bank Limited ( HKG:11 ) has announced that it will pay a dividend on the 5th of June, with...
User avatar
New Narrative Feb 23

Expansion Into Wealth Management And Digital Solutions Will Improve Future Prospects

Diversifying revenue through increased noninterest income and wealth management enhances growth potential and net margins due to higher-margin activities.
Analysis Article Feb 21

Hang Seng Bank's (HKG:11) Dividend Will Be HK$3.20

The board of Hang Seng Bank Limited ( HKG:11 ) has announced that it will pay a dividend on the 27th of March, with...
Analysis Article Feb 23

Hang Seng Bank (HKG:11) Is Paying Out A Larger Dividend Than Last Year

Hang Seng Bank Limited ( HKG:11 ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article May 06

Hang Seng Bank (HKG:11) Has Announced That Its Dividend Will Be Reduced To HK$0.70

Hang Seng Bank Limited ( HKG:11 ) is reducing its dividend to HK$0.70 on the 7th of Junewhich is 36% less than last...
Analysis Article Mar 03

Don't Buy Hang Seng Bank Limited (HKG:11) For Its Next Dividend Without Doing These Checks

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Hang Seng...
Analysis Article Feb 22

Hang Seng Bank Limited (HKG:11) Insiders Increased Their Holdings

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Analysis Article Jan 27

Should You Or Shouldn't You: A Dividend Analysis on Hang Seng Bank Limited (HKG:11)

Is Hang Seng Bank Limited ( HKG:11 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Analysis Article Dec 31

Do Institutions Own Hang Seng Bank Limited (HKG:11) Shares?

If you want to know who really controls Hang Seng Bank Limited ( HKG:11 ), then you'll have to look at the makeup of...

Shareholder Returns

11HK BanksHK Market
7D0%1.7%-3.2%
1Y58.3%10.2%3.3%

Return vs Industry: 11 exceeded the Hong Kong Banks industry which returned 21.1% over the past year.

Return vs Market: 11 exceeded the Hong Kong Market which returned 32.6% over the past year.

Price Volatility

Is 11's price volatile compared to industry and market?
11 volatility
11 Average Weekly Movement0.3%
Banks Industry Average Movement3.2%
Market Average Movement7.4%
10% most volatile stocks in HK Market16.0%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 11 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 11's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19338,143Luanne Limwww.hangseng.com

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in Hong Kong, Mainland China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other. The company offers personal and business banking services, current and savings accounts, time deposits, mortgage and personal loans, credit cards, insurance, and investment.

Hang Seng Bank Limited Fundamentals Summary

How do Hang Seng Bank's earnings and revenue compare to its market cap?
11 fundamental statistics
Market capHK$36.15b
Earnings (TTM)HK$14.35b
Revenue (TTM)HK$34.24b
20.1x
P/E Ratio
1.7x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
11 income statement (TTM)
RevenueHK$34.24b
Cost of RevenueHK$0
Gross ProfitHK$34.24b
Other ExpensesHK$19.88b
EarningsHK$14.35b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)7.66
Gross Margin100.00%
Net Profit Margin41.93%
Debt/Equity Ratio33.9%

How did 11 perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
92%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/29 08:08
End of Day Share Price 2026/01/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hang Seng Bank Limited is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wing San WongBarclays
Emma XuBofA Global Research
null nullCCB International Securities Limited