Hang Seng Bank Limited Website

Hang Seng Bank Limited

SEHK-11

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Interest Income On Loans

44,190

35,010

28,030

34,782

59,439

61,758

Interest Income On Investments

143

844

653

225

253

243

Interest Income, Total

44,333

35,854

28,683

35,007

59,692

62,001

Interest On Deposits

11,935

8,791

4,685

9,231

27,144

29,171

Interest Expense, Total

11,935

8,791

4,685

9,231

27,144

29,171

Net Interest Income

32,398

27,063

23,998

25,776

32,548

32,830

Income From Trading Activities

—

—

—

—

—

—

—

—

Gain (Loss) on Sale of Assets

—

-7

-19

-48

-15

-7

-11

Gain (Loss) on Sale of Invest. & Securities

22

-10

206

85

-3

9

Total Other Non Interest Income

6,542

6,952

9,214

8,553

8,284

8,485

Non Interest Income, Total

6,557

6,923

9,372

8,623

8,274

8,483

Revenues Before Provison For Loan Losses

38,955

33,986

33,370

34,399

40,822

41,313

Provision For Loan Losses

1,837

2,738

2,807

7,694

6,248

5,824

Total Revenues

37,118

31,248

30,563

26,705

34,574

35,489

Total Revenues % Chg.

-4.6%

-15.8%

-2.2%

-12.6%

29.5%

8.4%

Salaries And Other Employee Benefits

6,200

6,064

6,275

5,874

5,759

5,831

Amort. of Goodwill & Intang. Assets

164

297

472

702

934

1,058

Occupancy Expense

1,972

2,086

2,066

1,974

1,915

1,923

Selling General & Admin Expenses, Total

4,721

4,758

5,321

5,245

6,016

6,179

(Income) Loss on Equity Invest.

-168

75

-72

10

-193

-139

Non Interest Expense, Total

12,889

13,280

14,062

13,805

14,431

14,852

EBT, Excl. Unusual Items

24,229

17,968

16,501

12,900

20,143

20,637

Asset Writedown

4,584

1,446

-116

-119

-38

-186

EBT, Incl. Unusual Items

28,813

19,414

16,385

12,781

20,105

20,451

Income Tax Expense

3,991

2,744

2,439

1,509

2,267

2,547

Earnings From Continuing Operations

24,822

16,670

13,946

11,272

17,838

17,904

Minority Interest

—

—

18

17

14

14

10

10

Net Income

24,840

16,687

13,960

11,286

17,848

17,914

Preferred Dividend and Other Adjustments

—

419

700

703

710

708

708

Net Income to Common Incl Extra Items

24,421

15,987

13,257

10,576

17,140

17,206

Net Income to Common Excl. Extra Items

24,421

15,987

13,257

10,576

17,140

17,206

Total Shares Outstanding

1,911.8

1,911.8

1,911.8

1,911.8

1,911.8

1,892.8

Weighted Avg. Shares Outstanding

1,911.8

1,911.8

1,911.8

1,911.8

1,911.8

1,909.3

Weighted Avg. Shares Outstanding Dil

1,911.8

1,911.8

1,911.8

1,911.8

1,911.8

1,909.3

EPS

12.8

8.4

6.9

5.5

9

9

EPS Diluted

12.8

8.4

6.9

5.5

9

9

Effective Tax Rate

13.9%

14.1%

14.9%

11.8%

11.3%

12.5%