The Bank of East Asia, Limited (BKEAY)
The Bank of East Asia, Limited operates in the Banks - Regional industry of the Financial Services sector, headquartered in Hong Kong, HK. The stock last traded at $2.23, up 2.76% on the session, giving a market capitalisation of $5.90B. On trailing twelve-month figures it carries a trailing P/E of 13.46, a net margin of 22.8%. Its beta of 0.70 implies it has historically moved less than the broad market.
The Bank of East Asia, Limited, operating with its various subsidiaries, delivers a comprehensive suite of banking and related financial services. For its personal banking clientele, the institution offers a range of account types, including individual, corporate, savings, current, time deposit, and premium 'supreme' accounts. Furthermore, it facilitates fixed, call, and foreign currency deposits, alongside MAS services, auto-payroll facilities, secure safe deposit boxes, and global remittance options. The corporate banking division caters to businesses with services such as SME loans and financing guarantee schemes. It extends diverse corporate and commercial financing products, encompassing syndicated and construction loans, acquisition and structured financing, working capital lines, share-backed and IPO-related loans, and commercial property mortgages. Specialized trade finance services are available, featuring expert solutions, factoring, import and export trade financing, and guarantee provisions. Innovative platforms like eTradeConnect enable seamless connectivity for buyers and sellers, facilitating transactions, information sharing, and simplified financing applications. Other offerings include sophisticated cash management, corporate wealth management, foreign exchange and treasury services, trade settlement and financing, and both onshore and offshore lending. The company also provides an extensive selection of insurance products, such as marine cargo, property, trade credit, employee compensation, pet, medical, life, savings, and endowment plans. Its private banking segment provides discerning clients with investment advisory services and a broad spectrum of investment solutions. These include unit trusts, linked deposits, currency trading and management, global equities and bonds, structured products, and options and derivatives. Additionally, portfolio management services, securities and futures broking, cyber banking, credit cards, and ATM access are provided, alongside various international services. Globally, the bank maintains a significant presence with 150 operational outlets spanning Hong Kong, the broader Greater China region, Southeast Asia, the United Kingdom, and the United States. Founded in 1918, The Bank of East Asia, Limited is headquartered in Central, Hong Kong.
The Bank of East Asia, Limited is most often compared with the following Financial Services names: