Hang Seng Bank (OTCMKTS: HSNGY) is one of 63 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Hang Seng Bank to similar businesses based on the strength of its risk, dividends, profitability, valuation, earnings, institutional ownership and analyst recommendations.
Insider and Institutional Ownership
0.0% of Hang Seng Bank shares are held by institutional investors. Comparatively, 23.3% of shares of all “Commercial banks, not elsewhere classified” companies are held by institutional investors. 12.8% of shares of all “Commercial banks, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
This is a breakdown of current recommendations for Hang Seng Bank and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Hang Seng Bank||0||0||0||0||N/A|
|Hang Seng Bank Competitors||465||1477||1452||68||2.32|
As a group, “Commercial banks, not elsewhere classified” companies have a potential upside of 12.15%. Given Hang Seng Bank’s peers higher probable upside, analysts clearly believe Hang Seng Bank has less favorable growth aspects than its peers.
This table compares Hang Seng Bank and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Hang Seng Bank||N/A||N/A||N/A|
|Hang Seng Bank Competitors||18.68%||12.06%||1.04%|
Risk & Volatility
Hang Seng Bank has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500. Comparatively, Hang Seng Bank’s peers have a beta of 0.93, indicating that their average share price is 7% less volatile than the S&P 500.
Valuation & Earnings
This table compares Hang Seng Bank and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Hang Seng Bank||$7.01 billion||$2.57 billion||22.79|
|Hang Seng Bank Competitors||$14.29 billion||$2.16 billion||10.76|
Hang Seng Bank’s peers have higher revenue, but lower earnings than Hang Seng Bank. Hang Seng Bank is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Hang Seng Bank pays an annual dividend of $0.78 per share and has a dividend yield of 3.2%. Hang Seng Bank pays out 72.9% of its earnings in the form of a dividend. As a group, “Commercial banks, not elsewhere classified” companies pay a dividend yield of 2.5% and pay out 34.8% of their earnings in the form of a dividend.
Hang Seng Bank peers beat Hang Seng Bank on 9 of the 11 factors compared.
Hang Seng Bank Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Other. The company offers personal banking services, including current and savings accounts, mortgages and personal loans, credit cards, and insurance and wealth management services, as well as consumer lending services. It also provides corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment, and corporate wealth management services, as well as general banking, interest rate, money market, structured, derivative products, etc. In addition, the company offers trustee, nominee, retirement benefit and life assurance, fund management, stock broking, and property management services, as well as engages in the compilation and dissemination of the Hang Seng share index. As of March 12, 2018, it operated 270 service outlets in Hong Kong; branches in Macau and Singapore; and a representative office in Taipei. Hang Seng Bank Limited, through its subsidiary, Hang Seng Bank (China) Limited, operates a mainland China network with outlets in the Pearl River delta, the Yangtze River delta, the Bohai Rim region, and Midwest China. The company was founded in 1933 and is headquartered in Central, Hong Kong. Hang Seng Bank Limited is a subsidiary of The Hongkong and Shanghai Banking Corporation Limited.
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