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Hang Seng Bank
(0011)
Hang Seng Bank (0011) vs. iShares MSCI Hong Kong ETF (EWH)
Hang Seng Bank Business Overview & Revenue Model
Hang Seng Bank Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 58.20B | 41.57B | 34.57B | 26.70B | 56.85B | 65.22B |
| Gross Profit | 34.24B | 41.57B | 40.82B | 26.70B | 30.56B | 65.22B |
| EBITDA | 18.71B | 0.00 | 22.76B | 15.63B | 18.92B | 0.00 |
| Net Income | 14.95B | 18.38B | 17.14B | 11.29B | 13.96B | 16.69B |
Balance Sheet | ||||||
| Total Assets | 1.82T | 1.80T | 1.69T | 1.89T | 1.82T | 1.76T |
| Cash, Cash Equivalents and Short-Term Investments | 102.93B | 165.60B | 99.23B | 92.30B | 89.15B | 96.60B |
| Total Debt | 32.13B | 37.97B | 72.92B | 57.16B | 60.03B | 52.54B |
| Total Liabilities | 1.65T | 1.63T | 1.52T | 1.72T | 1.65T | 1.59T |
| Stockholders Equity | 170.67B | 169.52B | 168.13B | 159.93B | 172.59B | 171.36B |
Cash Flow | ||||||
| Free Cash Flow | -43.05B | 156.90B | 18.35B | 64.51B | 38.28B | 12.06B |
| Operating Cash Flow | -41.26B | 158.65B | 20.10B | 66.39B | 40.43B | 14.17B |
| Investing Cash Flow | -76.73B | -83.81B | 97.57B | -42.86B | -73.59B | -51.61B |
| Financing Cash Flow | 71.94B | -18.86B | -174.63B | 20.66B | 35.28B | 52.76B |
Hang Seng Bank Technical Analysis
Hang Seng Bank Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$214.50B | 4.57 | ― | 5.53% | -8.41% | -5.52% | |
68 Neutral | HK$288.99B | 20.23 | 9.20% | 4.61% | 4.44% | -15.39% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | HK$15.66B | 6.98 | 6.58% | 6.54% | ― | ― | |
64 Neutral | $437.75B | 5.32 | 9.71% | 5.76% | -5.46% | 0.33% | |
60 Neutral | HK$436.02B | 10.81 | 12.04% | 5.80% | 1.90% | 12.81% | |
57 Neutral | HK$181.83B | 5.48 | 5.16% | 9.09% | -7.28% | -5.00% |
Hang Seng Bank Corporate Events
Hang Seng Bank’s minority shareholders have approved a privatisation proposal by The Hongkong and Shanghai Banking Corporation Limited via a court-sanctioned scheme of arrangement, which will see Hang Seng Bank become wholly owned within the HSBC Group. At meetings held on 8 January 2026, shareholders sanctioned the scheme and related capital reduction and restoration, paving the way for the bank’s shares to be delisted from the Hong Kong Stock Exchange, with trading expected to cease at 4:00 p.m. on 27 January 2026, subject to the scheme becoming effective. The bank’s register of members will be closed from 20 January 2026 to determine entitlement to the scheme consideration, signalling a major restructuring of Hang Seng’s ownership and removing a prominent Hong Kong banking stock from public markets.
The most recent analyst rating on (HK:0011) stock is a Hold with a HK$167.00 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
HSBC Asia Pacific has proposed privatizing Hang Seng Bank through a scheme of arrangement under Section 673 of the Companies Ordinance, alongside a proposed withdrawal of Hang Seng Bank shares from public listing. The updated shareholding structure and holdings information as of 12 December 2025 are disclosed to ensure transparency, potentially impacting investors and stakeholders by streamlining operations and restructuring the bank’s ownership.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited is undergoing a privatization proposal by the Hongkong and Shanghai Banking Corporation Limited, which is part of HSBC Asia Pacific, through a scheme of arrangement under the Companies Ordinance. The announcement details the dispatch of the Scheme Document, which includes the proposal’s specifics, expected timetable, and recommendations from the Hang Seng Bank Independent Board Committee. This move could significantly impact Hang Seng Bank’s market positioning and shareholder dynamics, as it involves the withdrawal of its shares from public listing.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank has announced a court-directed meeting to discuss and potentially approve a scheme of arrangement with its shareholders. This meeting, scheduled for January 8, 2026, will be conducted in a hybrid format, allowing shareholders to participate either in person or online. The scheme aims to restructure the bank’s shareholding, and only shares held by Scheme Shareholders will be eligible for voting. This move could impact the bank’s operational structure and shareholder engagement, reflecting its strategic efforts to align with regulatory requirements and enhance corporate governance.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has announced a general meeting to discuss and potentially approve a scheme of arrangement that involves the reduction and subsequent restoration of its share capital. The scheme, if approved, will lead to the privatization of Hang Seng Bank by HSBC Asia Pacific and the withdrawal of its shares from the Hong Kong Stock Exchange. This move is significant as it represents a strategic shift in the bank’s operations and could have implications for its stakeholders, including shareholders and the broader financial market.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has announced a proposal for its privatization by The Hongkong and Shanghai Banking Corporation Limited through a scheme of arrangement. The bank has received relevant consents and confirmations from the Executive under the Takeovers Code, allowing certain dealings in its securities by passive index-tracking funds without breaching takeover rules. This move is significant for the bank’s operations and its stakeholders as it navigates regulatory requirements during the privatization process.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited, in conjunction with HSBC Holdings and HSBC Asia Pacific, has announced a proposal for its privatization through a scheme of arrangement under section 673 of the Companies Ordinance. This move includes the proposed withdrawal of Hang Seng Bank shares from listing. The companies are preparing the necessary Scheme Document, which will be dispatched by December 17, 2025, and are seeking High Court directions for a meeting to approve the scheme. The proposal’s implementation is contingent upon satisfying all conditions, and stakeholders are advised to exercise caution in dealing with securities.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited, in conjunction with HSBC Holdings and HSBC Asia Pacific, announced a proposal for its privatization through a scheme of arrangement under the Companies Ordinance. The timeline for dispatching the scheme document has been extended to December 17, 2025, with the proposal expected to be completed in the first quarter of 2026, pending satisfaction of all conditions.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has announced the cancellation of 2,800,000 shares as part of its Share Buy-back Programme, reducing the total number of issued shares to 1,872,937,536. This move is part of a broader strategy involving a proposal in collaboration with HSBC Holdings plc and The Hongkong and Shanghai Banking Corporation Limited, which may impact the bank’s market positioning and shareholder value. Stakeholders are advised to exercise caution as the proposal’s implementation is contingent upon certain conditions being met.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has appointed Somerley Capital Limited as the independent financial adviser in accordance with the Takeovers Code. This move is part of a broader proposal involving HSBC Holdings plc and The Hongkong and Shanghai Banking Corporation Limited. The appointment aims to provide guidance to the Hang Seng Bank IBC, with recommendations to be included in a forthcoming Scheme Document for shareholders. The announcement highlights the conditional nature of the proposal, urging shareholders and potential investors to exercise caution when dealing with the bank’s securities.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has announced a change in its board composition, appointing Ms. Luanne Lim as the new Executive Director and Chief Executive, effective October 20, 2025. Ms. Lim will also serve as Chairman of the Operating Committee and a member of the Nomination Committee. She replaces Ms. Diana Cesar, who will step down from her roles and return to The Hongkong and Shanghai Banking Corporation Limited as Vice Chairman, Hong Kong. This leadership transition is expected to influence the bank’s strategic direction and operational focus.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
Hang Seng Bank Limited has announced changes to its Board of Directors effective from 20 October 2025, detailing the roles and functions of each member. This restructuring is likely to impact the bank’s governance and strategic direction, potentially influencing its market positioning and stakeholder relationships.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.