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Hang Seng Bank (Hang Seng Bank) Pre-Tax Income : $2,570 Mil (TTM As of Dec. 2023)


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What is Hang Seng Bank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hang Seng Bank's pretax income for the six months ended in Dec. 2023 was $1,171 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,570 Mil. Hang Seng Bank's pretax margin was 43.16%.

During the past 13 years, Hang Seng Bank's highest Pretax Margin was 69.24%. The lowest was 33.05%. And the median was 44.87%.


Hang Seng Bank Pre-Tax Income Historical Data

The historical data trend for Hang Seng Bank's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hang Seng Bank Pre-Tax Income Chart

Hang Seng Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,691.84 2,504.42 2,100.91 1,641.66 2,574.33

Hang Seng Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 780.49 815.10 820.00 1,399.34 1,170.84

Competitive Comparison of Hang Seng Bank's Pre-Tax Income

For the Banks - Regional subindustry, Hang Seng Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hang Seng Bank's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hang Seng Bank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hang Seng Bank's Pre-Tax Income falls into.



Hang Seng Bank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Hang Seng Bank's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+2574.33
=2,574

Hang Seng Bank's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+1170.837
=1,171

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,570 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hang Seng Bank  (OTCPK:HSNGY) Pre-Tax Income Explanation

Hang Seng Bank's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=1170.837/2712.489
=43.16%

During the past 13 years, Hang Seng Bank's highest Pretax Margin was 69.24%. The lowest was 33.05%. And the median was 44.87%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hang Seng Bank Pre-Tax Income Related Terms

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Hang Seng Bank (Hang Seng Bank) Business Description

Traded in Other Exchanges
Address
83 Des Voeux Road Central, Hong kong, HKG
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

Hang Seng Bank (Hang Seng Bank) Headlines

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