Hang Seng Bank Limited 2015 results - highlights
Profit before tax up 69% to HK$30,488m (HK$18,049m in 2014).
Attributable profit up 82% to HK$27,494m (HK$15,131m in 2014).
Return on average ordinary shareholders’ equity of 20.7% (13.4% in 2014).
Earnings per share up 80% to HK$14.22 per share (HK$7.91 per share in 2014).
Total assets up 6% to HK$1,334bn (HK$1,264bn at 31 December 2014).
Fourth interim dividend of HK$2.40 per share and a special interim dividend of HK$3.00 per share; total dividends of HK$8.70 per share for 2015 (HK$5.60 per share in 2014).
Common equity tier 1 (‘CET1’) capital ratio of 17.7%, tier 1 (‘T1’) capital ratio of 19.1% and total capital ratio of 22.1% at 31 December 2015. (Both CET1 and T1 capital ratios of 15.6% and total capital ratio of 15.7% at 31 December 2014.)
Cost efficiency ratio of 33.8% (31.8% in 2014).
Reported results for 2015 include a gain on partial disposal of the ordinary shares of Industrial Bank of HK$10,636m (details of the transaction are shown on page 64) and dividend of HK$119m (HK$107m after tax). Reported results for 2014 include an impairment loss of HK$2,103m on the bank’s investment in Industrial Bank and dividend of HK$1,190m (HK$1,071m after tax). Figures quoted as ‘excluding the financial impact of Industrial Bank-related items in both years’ have been adjusted for the above item.
Excluding the financial impact of Industrial Bank-related items in both years:
Attributable profit of HK$16,751m (HK$16,163m in 2014).
Return on average ordinary shareholders’ equity of 13.8% (14.3% in 2014).
Earnings per share of HK$8.60 per share (HK$8.45 per share in 2014).
Media enquiries to:
(852) 2198 4020
(852) 2198 4236
Cutting congestion lifts growth
Making it easier to get around cities could boost the economy and protect people’s health.
Banking in the future
From big data to biometrics, how will technology change banking over the next 10 years?
Diversity: the next step
Businesses can benefit from embedding diversity across their operations, according to a new report.