Bank of East Asia Limited (The) operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares The Bank of East Asia Limited with three other
companies in this sector in Hong Kong:
Huishang Bank Co Ltd
sales of 38.43 billion Hong Kong Dollars [US$4.96 billion]
of which 28%
was Corporate banking),
Bank Of Tianjin Co Ltd
(34.43 billion Hong Kong Dollars [US$4.44 billion]
of which 24%
was Corporate banking), and
Hang Seng Bank Limited
(38.53 billion Hong Kong Dollars [US$4.97 billion]
of which 75%
was Retail Banking and Wealth Management).
The Bank of East Asia Limited reported sales of HK$29.89 billion (US$3.85 billion)
December of 2015.
decrease of 12.8%
versus 2014, when the company's sales were HK$34.29 billion.
Contributing to the drop in overall sales was the 61.5% decline
in Financial Institutions, from HK$179.00 million to HK$69.00 million.
There were also decreases in sales in
China Operation (down 18.7% to HK$6.03 billion)
However, these declines were partially offset by the increase in sales of
Personal Banking (up 5.7% to HK$3.51 billion)
Corporate Banking (up 4.9% to HK$2.98 billion)
Overseas Opearations (up 4.6% to HK$1.33 billion)
Corporate Services (up 4.7% to HK$1.20 billion)
Wealth Management (up 27.0% to HK$794.00 million)
Others (up 16.7% to HK$1.05 billion)
Corporate and Eliminations (up 8.7% to HK$535.00 million)