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Overview
Financial Highlight
HeadlinesBusiness Background Hong Leong Bank Bhd is based primarily in Malaysia with a regional presence in other Southeast Asian countries, Hong Kong, and mainland China. The bank’s strategy emphasizes technology while offering diverse financial products to its Islamic target base. Its services include personal financial services, business and corporate banking, trade finance, treasury, branch and transaction banking, wealth management, investment banking, and Islamic financial services. A majority of the bank’s earning assets are loans, advances, and financing. Net interest income constitutes the bulk of the bank’s income generation. Most of its revenue is derived from personal financial services.
  wallstreetrookie An MSCI gauge of Southeast Asian, or Asean, equities fell less than 2% this week and rose to an 18-month high relative to the Asia benchmark, which slumped almost 5%. “Asean is now less vulnerable than in the past as current account balances have improved and valuations on equities, bonds and currencies are less demanding,” UBS Group AG strategists including Niall MacLeod wrote in a note Thursday. “Markets are in a much better position relative to 2013.” Bloomberg | Markets 31/01/2022 5:44 AM  Cakes Moon Economy is on recovery mode, more ppl are doing business, tauke just pass the cost to consumers like us. 14/02/2022 11:29 AM mf Mary Walsh@CBSWalshU.S. official says satelite images show Russia troops leaving assembly points and moving to attack positions - @CBSDavidMartin reporting2:45 AM · Feb 15, 2022·Twitter Web App864 Retweets352 Quote Tweets 15/02/2022 3:38 AM  James Yeo The group’s loans expanded by 6.7% YoY with domestic loans growing at 5.7% YoY, ahead of the industry’s 4.5% YoY. Meanwhile, overseas’ loan growth picked up pace to 25.7% YoY. Read more: https://www.smallcapasia.com/my-7-interesting-stock-ideas-for-march/ 21/03/2022 9:11 AM  VincentTang 9 Banks Asked To Write Off RM 7.6 Billion Sapura Energy Debts Which Is More Than All The Combined Profits Of All Bank In Malaysia & 3 Times Higher Than Genting HK Loses At RM 2.5 Billion https://thecoverage.my/9-banks-asked-to-write-off-rm-7-6-billion-sapura-energy-debts/ 06/04/2022 2:32 PM LouiseS HONG LEONG BANK: 大马市值第四大银行，值得投资吗？ HONG LEONG BANK BERHAD 2021 年度财报分析 https://youtu.be/3-FQvQ6QlBo 06/04/2022 10:59 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ KEY STOCK DATA P/E Ratio (TTM) 14.22(05/18/22) EPS (TTM) RM1.49 Market Cap RM42.31 B (RM21.22 per share) Shares Outstanding N/A Public Float 474.54 M Yield 2.51%(05/18/22) Latest Dividend RM0.180000007(03/25/22) Ex-Dividend Date 03/14/22 ========= All values MYR Millions. 2021 2020 2019 2018 2017 5-year trend Net Interest Income 4,499 3,841 3,751 3,859 3,712 Non-Interest Income 715 1,053 882 896 767 Operating Income 2,730 2,343 2,531 2,705 2,382 Net Income 2,861 2,495 2,665 2,638 2,145 EPS (Diluted) 1.40 1.22 1.30 1.29 1.05 Funds from Operations 1,667 1,384 1,201 1,252 1,729 Net Operating Cash Flow 5,642 1,223 914 2,354 2,285 Free Cash Flow 5,522 1,041 791 2,229 2,127 Cash Dividends Paid - Total (712) (1,023) (982) (941) (839) 18/05/2022 5:13 PM Jeffreyteck Firther merger in banking industry will be a very bad news for consumers. 09/08/2022 8:57 AM stockraider HLB potential merger candidates are; 1. Pbank 2. Rhbank 3. Ambank 4. Alliance bank 5. Affinbank 6. Mbsb 09/08/2022 4:08 PM bullmarket1628 After 3 years pandemic already end,
next year onwards surely is the years of recovery and economy start booming time !
Like previously economy downturn period of: 1)Crisis 1986-1990 start booming 1993 to 1997 2)Crisis 1997-2000 start booming 2003 to 2006 3)Crisis 2006-2010 start booming 2013 to 2016 4)Crisis 2016-2022 start booming 2023 to 2027 So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points ! Heng Ah, Ong Ah, Huat Ah ! 03/09/2022 8:11 AM bullmarket1628 Bank Negara raises OPR by 25 basis points to 2.5% Thursday, 08 Sep 2022 3:23 PM MYT https://www.thestar.com.my/business/business-news/2022/09/08/bank-negara-raises-opr-by-25-basis-points-to-25 KUALA LUMPUR: At the conclusion of its monetary policy committee (MPC) meeting, Bank Negara increased the overnight policy rate by 25 basis points (bps) to 2.5%, in line with market expectations. In a statement, it said it raised the ceiling and floor rate of the corridor of the OPR to 2.75% and 2.25% respectively. This is the central bank's third consecutive rate hike, bringing the total increase in the OPR to 75bps so far this year. "At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth. "The MPC is not on any pre-set course and will continue to assess evolving conditions and their implications on the overall outlook to domestic inflation and growth," said Bank Negara….. 09/09/2022 6:49 AM bullmarket1628 Wow, Bank Negara raises OPR by 25 basis points to 2.5% Like that today HLBank will be limit up already liao lah ! Heng ah, Ong ah, Huat ah ! 09/09/2022 6:55 AM bullmarket1628 Fed rate hike: US interest rates hit 14-year high in inflation battle * By Natalie Sherman * Business reporter, New York 21 September 2022, 19:01 BST https://www.bbc.com/news/business-62973376.amp The US central bank has pushed interest rates to the highest level in almost 15 years as it fights to rein in soaring prices in the world's largest economy. The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Borrowing costs are expected to climb more - and remain high, the bank said. The move comes despite mounting concern that the cost of controlling inflation could be a harsh economic downturn… 22/09/2022 6:58 AM bullmarket1628 Wow, Fed Hikes Interest Rates 0.75 % lifting the target range to a record high of 3% to 3.25% Like that today HLBank will be limit up already liao lah ! Heng ah, Ong ah, Huat ah ! 22/09/2022 7:06 AM Siang9282 https://www.facebook.com/groups/595333804730641/permalink/1143866639877352/ 29/09/2022 5:32 PM CurryBento Coming off a set of positive earnings in its first financial quarter ended Sept 30, 2022, Hong Leong Bank Bhd managing director and CEO Domenic Fuda said the outlook remains at risk of macro headwinds, including rising global inflation. "The global economic outlook remains susceptible to potential fallout from aggressive monetary policy tightening, persistent inflation, financial market volatility, a slowdown in the China economy, and rising geopolitical risks. 29/11/2022 2:01 PM CurryBento The group's earnings per share was 47.91 sen as compared with 41.91 sen in the comparative quarter. Revenue meanwhile was up 8.7% to RM1.5bil, driven by an expansion in net interest income and sustained non-interest income contribution. For 1QFY23, net interest income was 9.9% higher y-o-y at RM1.23bil as a result of solid loan and financing growth and effective asset/liability management. 29/11/2022 2:02 PM CurryBento overall gross impaired loan (GIL) ratio was stable at 0.49%, with adequate loan impairment coverage (LIC) of 212.2%. Customer deposits for 1QFY23 rose 7.7% to RM197.4bil with current account savings account (Casa) growth at 7.7% y-o-y to RM63.7bil and a Casa ratio of 32.3%. Capital position of the bank remained strong with CET 1, Tier 1 and Total Capital ratios at 12.9%, 14% and 16.1% respectively as at Sept 30, 2022. In international operations, the Bank of Chengdu's contribution rose 22.6% to RM259.9mil, representing 21.9% of the bank's pre-tax profit. 29/11/2022 2:02 PM xiiaodi Hong Leong Financial Group Bhd (HLFG)’s net profit for the first quarter ended Sept 30, 2022 (1QFY2023) grew 6.4% year-on-year (y-o-y), thanks to higher contributions from its commercial banking division, which houses its 64%-owned Hong Leong Bank Bhd. 13/12/2022 10:25 AM xiiaodi insurance division HLA Holdings Sdn Bhd and investment banking operation Hong Leong Capital Bhd recorded lower contributions. Net profit for 1QFY2023 rose to RM681.74 million, from RM640.56 million a year ago. 13/12/2022 10:26 AM xiiaodi Earnings were driven by stronger interest income, effective cost management, low credit cost and robust contributions from associates. 13/12/2022 10:29 AM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Fiscal year is July-June. All values MYR Millions. 2022 2021 2020 2019 2018 5-year trend Net Interest Income 4,762 4,499 3,841 3,751 3,859 Net Interest Income after Provision 4,598 3,845 3,513 3,739 3,783 Non-Interest Income 528 715 1,053 882 896 Non-Interest Expense 1,792 1,830 2,224 2,090 5,438 Operating Income 3,334 2,730 2,343 2,531 2,705 Pretax Income 3,336 2,735 2,347 2,623 3,246 Funds from Operations 1,313 1,667 1,384 1,201 1,252 Net Operating Cash Flow 1,741 5,642 1,223 914 2,354 Capital Expenditures (151) (145) (209) (134) (136) Free Cash Flow 1,625 5,522 1,041 791 2,229 Cash Dividends Paid - Total (1,090) (712) (1,023) (982) (941) Free Cash Flow Yield 1.28% (Price per share @ Rm 20.70) 15/12/2022 8:21 PM Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ Average Growth Rates Hong Leong Bank Bhd Past Five Years Ending 06/30/2022 (Fiscal Year) Revenue -2.34% Net Income +4.94% Earnings Per Share +4.93% Capital Spending +2.22% Gross Margin - Cash Flow -5.42% 15/12/2022 8:21 PM masterus Contagion spreads: Desperate customers line up outside First Republic Bank to take their money out - after SVB bank collapsed and sent shockwaves through market First Republic Bank customers lined up to withdraw their money Saturday This comes a day after the collapse of Silicon Valley Bank on Friday Both banks are associated with California's wine and tech industries 12/03/2023 2:46 PM masterus Regulators close New York’s Signature Bank, citing systemic risk Source: CNBC 13/03/2023 7:04 AM masterus Goldman analysts no longer expect Fed rate hike in March after SVB failure Reuters 13/03/2023 1:18 PM masterus PIMCO lost $340 mln with Credit Suisse AT1 bonds write-off - source :Reuters 24/03/2023 6:00 PM masterus Deutsche Bank shares slide 13% after sudden spike in the cost of insuring against its default 24/03/2023 6:38 PM  | |
