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Hang Seng Bank (Hang Seng Bank) Revenue

: $5,260 Mil (TTM As of Dec. 2023)
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Hang Seng Bank's revenue for the six months ended in Dec. 2023 was $2,712 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,260 Mil. Hang Seng Bank's Revenue per Share for the six months ended in Dec. 2023 was $1.42. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.75.

Warning Sign:

Hang Seng Bank Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Hang Seng Bank was 18.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -8.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -9.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Hang Seng Bank's highest 3-Year average Revenue per Share Growth Rate was 30.20% per year. The lowest was -18.10% per year. And the median was 6.00% per year.


Hang Seng Bank Revenue Historical Data

The historical data trend for Hang Seng Bank's Revenue 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,116.86 7,010.02 6,357.23 4,473.50 5,267.10

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
Revenue 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 Premium Member Only Premium Member Only Premium Member Only 3,069.24 1,962.77 2,494.93 2,547.05 2,712.49

Competitive Comparison

For the Banks - Regional subindustry, Hang Seng Bank's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution

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

* The bar in red indicates where Hang Seng Bank's Revenue falls into.



Hang Seng Bank Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $5,260 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:HSNGF) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Hang Seng Bank Revenue Related Terms

Thank you for viewing the detailed overview of Hang Seng Bank's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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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