Bank of East Asia Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank of East Asia Ltd with three other
companies in this sector in Hong Kong:
Bank of Zhengzhou Co Ltd
sales of 27.93 billion Hong Kong Dollars [US$3.57 billion]
of which 23%
was Treasury business),
Industrial and Commercial Bank of China (Asia) Limited
(31.77 billion Hong Kong Dollars [US$4.06 billion]
of which 8%
was Commercial Banking), and
Zhongyuan Bank Co Ltd
(33.71 billion Hong Kong Dollars [US$4.31 billion]
of which 34%
was Corporate banking).
Bank of East Asia Ltd reported sales of HK$30.93 billion (US$3.95 billion)
December of 2018.
increase of 11.0%
versus 2017, when the company's sales were HK$27.88 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Bank of East Asia Ltd had sales
of HK$31.13 billion.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
42.4% in 2018, from
HK$1.42 billion to HK$2.03 billion.
Bank of East Asia Ltd also saw significant increases in sales in
Personal Banking (up 17.4% to HK$4.89 billion)
Not all segments of Bank of East Asia Ltd experienced an increase in sales in 2018:
sales of Other Hong Kong Banking Operations fell 42.8% to HK$658.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank of East Asia Ltd also experienced decreases in sales in
Wealth Management (down 7.0% to HK$774.00 million)