Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 14.22 MYR
Change Today +0.02 / 0.14%
Volume 383.2K
HLBK On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 4:50 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

hong leong bank berhad (HLBK) Snapshot

Open
14.30
Previous Close
14.20
Day High
14.30
Day Low
14.16
52 Week High
09/8/14 - 14.96
52 Week Low
05/5/14 - 13.70
Market Cap
25.6B
Average Volume 10 Days
890.2K
EPS TTM
1.21
Shares Outstanding
1.8B
EX-Date
03/10/15
P/E TM
11.7x
Dividend
0.41
Dividend Yield
2.88%
Current Stock Chart for HONG LEONG BANK BERHAD (HLBK)

Related News

No related news articles were found.

hong leong bank berhad (HLBK) Related Businessweek News

No Related Businessweek News Found

hong leong bank berhad (HLBK) Details

Hong Leong Bank Berhad provides various banking products and services to individuals, businesses, and companies. It offers personal products and services, including savings and current accounts, fixed deposits, and foreign currency accounts, and fixed deposits; credit cards; structured investments, unit trust schemes, floating rate negotiable instruments, and bonds; property loans, personal loans, auto loans, and share financing; remittances; and travel and car, home, and protection insurance products, as well as savings with protection. The company also provides business banking products and services comprising business and SME current accounts, basic current accounts, foreign currency accounts, and business flexi FDs and fixed deposits; working capital loans and financing, term loans, overdraft facility, and revolving credit; letter of credit, collections, shipping guarantee, and bank guarantee; and bankers’ acceptance, invoice financing, trust receipts, foreign/domestic bills of exchange purchased, advance against trade, and export credit refinancing services. In addition, it offers priority banking products and services comprising premium fixed deposits; share margin financing, initial public offer and financing, and mortgage products; and unit trust funds, dual currency investments, equity linked investments, and ebroking services. Further, the company provides Islamic banking services; forex products, derivatives, money markets products, Islamic money products, and investment products; and online, mobile, and phone banking services, as well as ATM services. The company operates 291 branches and sales centres in Malaysia, 1 branch in Singapore, 1 branch in Hong Kong, 4 branches in Vietnam, 1 branch in Cambodia, and a representative office in Nanjing, as well as approximately 1400 self-service terminals. Hong Leong Bank Berhad was founded in 1905 and is based in Kuala Lumpur, Malaysia. Hong Leong Bank Berhad is a subsidiary of Hong Leong Financial Group Berhad.

Founded in 1905

hong leong bank berhad (HLBK) Top Compensated Officers

Chief Executive Officer, Group Managing Direc...
Total Annual Compensation: 3.8M
Compensation as of Fiscal Year 2014.

hong leong bank berhad (HLBK) Key Developments

Hong Leong Bank Berhad Announces Unaudited Group and Company Earnings Results for the Second Quarter and Six Months Ended December 31, 2014; Announces Writes Back of Impairment Losses for the Fourth Quarter Ended December 31, 2014; Recommends Interim Dividend for the Six Months Ended December 31, 2014, Payable March 26, 2015

Hong Leong Bank Berhad announced unaudited group and parent company earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the group recorded profit before tax of MYR 707,025,000 as compared to MYR 663,406,000 in the previous corresponding quarter. Net interest income was MYR 711,351,000 against MYR 651,613,000 a year ago. Operating profit before allowances was MYR 560,084,000 against MYR 595,360,000 a year ago. Net profit attributable to owners of the parent was MYR 551,602,000 against MYR 520,287,000 a year ago. Diluted earnings per share were 31.2 sen against 29.5 sen a year ago. Interest income was MYR 1,543,064,000 compared to MYR 1,409,334,000 for the last year. For six months, the group reported higher profit before tax of MYR 1,410,960,000 as compared to MYR 1,362,745,000 in the previous corresponding period. Net interest income was MYR 1,426,750,000 against MYR 1,307,163,000 a year ago. Operating profit before allowances was MYR 1,145,503,000 against MYR 1,169,812,000 a year ago. Net profit attributable to owners of the parent was MYR 1,099,170,000 against MYR 1,064,774,000 a year ago. Diluted earnings per share were 62.3 sen against 60.4 sen a year ago. Net cash used in operating activities was MYR 3,035,797,000 against net cash generated from operating activities of MYR 2,756,109,000 a year ago. Purchase of property and equipment was MYR 88,624,000 against MYR 118,040,000 a year ago. Purchase of intangible assets was MYR 25,795,000 against MYR 26,278,000 a year ago. Revenue for the period rose to MYR 2.084 billion from MYR 2.006 billion. Interest income was MYR 3,045,569,000 compared to MYR 2,835,634,000 for the last year. For the quarter, the company reported net interest income was MYR 698,743,000 against MYR 639,702,000 a year ago. Operating profit before allowances was MYR 644,684,000 against MYR 573,570,000 a year ago. Profit before taxation was MYR 678,343,000 against MYR 558,497,000 a year ago. Profit attributable to shareholders was MYR 506,044,000 against MYR 416,123,000 a year ago. Diluted earnings per share were 28.7 sen against 23.6 sen a year ago. Interest income was MYR 1,535,063,000 compared to MYR 1,413,058,000 for the last year. For the six months, the company reported net interest income was MYR 1,401,387,000 against MYR 1,283,364,000 a year ago. Operating profit before allowances was MYR 1,169,693,000 against MYR 1,157,341,000 a year ago. Profit before taxation was MYR 1,226,133,000 against MYR 1,169,672,000 a year ago. Profit attributable to shareholders was MYR 915,445,000 against MYR 870,547,000 a year ago. Diluted earnings per share were 51.8 sen against 49.4 sen a year ago. Net cash used in operating activities was MYR 2,477,371,000 against net cash generated from operating activities of MYR 1,397,486,000 a year ago. Purchase of property and equipment was MYR 75,289,000 against MYR 110,422,000 a year ago. Purchase of intangible assets was MYR 23,451,000 against proceeds of MYR 17,536,000 a year ago. The better results were derived mainly from the expansion in loan book and well managed cost of funds. Interest income was MYR 3,031,065,000 compared to MYR 2,857,182,000 for the last year. For the quarter, the company recorded writes back of impairment losses of MYR 1,748,000 against MYR 4,020,000 a year ago. The Board has recommended an interim dividend of 15.0 sen per share for the half-year interim results. Entitlement date is 12 March 2015 ad payment date is March 26, 2015.

PSBC Mulls IPO In Early 2016

China Postal Savings Bank Co., Ltd. (PSBC) was said to kick off an initial public offering (IPO) at the beginning of 2016 and negotiate with Ant Financial Services Group, some private funds from the US and Asia's sovereign wealth funds on the sale of a minority stake. Currently, Morgan Stanley has been appointed to be responsible for negotiating with potential investors. A banker hoped to participate in the transaction said the IPO size may range from $10 billion to $25 billion. Sources said DBS Bank, Hong Kong, Hong Leong Bank Berhad, Australia & New Zealand Banking Group Limited and other investors also are interested in Postal Savings Bank. Temasek Holdings (Private) Limited and Khazanah Nasional Berhad also have a mind to join. CITIC Capital Holdings Limited, HOPU Jinghua (Beijing) Investment Consultancy Co., Ltd. and Primavera Capital Group also are interested in investing in PSBC.

Hong Leong Bank Berhad Announces Executives Appointment

Hong Leong Bank Berhad appointed Dominic Mascrinas as COO, group strategic support; and Charles Sik as COO, personal financial services. Dominic brings with him more than 28 years of management experience including production management, financial metric management, service delivery, receivables management, operational risk, process improvement and re-engineering. His most recent position was at CIMB Investment Bank as Group Head of Operations Regional Consumer and Wholesale Bank Operations & IT & Operations Head, Wholesale Bank Malaysia, where he played a critical role within Technology and Operations division and was responsible for delivering group wide performance standards across the franchise. He reports directly to the Group Managing Director. Meanwhile, Charles Sik joins the Bank as the new COO of Personal Financial Services. Prior to joining the Bank, Charles served as Head, Group Retail Banking with RHB Bank Bhd.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HLBK:MK 14.22 MYR +0.02

HLBK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AMMB Holdings Bhd 6.42 MYR -0.05
CIMB Group Holdings Bhd 6.11 MYR +0.02
Malayan Banking Bhd 9.36 MYR -0.06
Public Bank Bhd 19.74 MYR +0.04
RHB Capital Bhd 7.86 MYR -0.14
View Industry Companies
 

Industry Analysis

HLBK

Industry Average

Valuation HLBK Industry Range
Price/Earnings 11.4x
Price/Sales 6.1x
Price/Book 1.6x
Price/Cash Flow 12.2x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HONG LEONG BANK BERHAD, please visit www.hlb.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.