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Bank of East Asia ( (HK:0023) ) has shared an announcement.
The Bank of East Asia announced its unaudited interim results for the first half of 2025, reporting a net profit of HK$2,424 million, up from HK$2,121 million in the same period of 2024. Despite a decline in interest income, the bank saw an increase in net fee and commission income and net trading profit, contributing to a stable operating income. The results indicate a resilient performance amidst challenging market conditions, with implications for stakeholders that include continued profitability and potential for future growth.
The most recent analyst rating on (HK:0023) stock is a Sell with a HK$8.80 price target. To see the full list of analyst forecasts on Bank of East Asia stock, see the HK:0023 Stock Forecast page.
More about Bank of East Asia
The Bank of East Asia, Limited, established in 1918 and incorporated in Hong Kong, operates within the financial services industry. It primarily offers banking services and products, focusing on both individual and corporate clients, and is listed on the Hong Kong Stock Exchange under the stock code 23.
Average Trading Volume: 1,643,575
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.19B
For an in-depth examination of 0023 stock, go to TipRanks’ Overview page.