Stock Track | Bank of East Asia Soars 5.17% on Solid Financials and Dividend Boost

Stock Track

Feb 20, 2025

The stock of Bank of East Asia (00023) surged 5.17% on Thursday in an intraday trading session, propelled by the Bank's robust financial performance and a generous dividend declaration.

In its full-year 2024 results, Bank of East Asia reported a healthy profit attributable of HK$4,608 million and a net interest income of HK$16,529 million. The Bank's financial strength was further underscored by a solid Common Equity Tier 1 Capital Ratio of 17.7% as of December 31, 2024.

Additionally, the Bank announced a second interim dividend of HK$0.38 per share for the year 2024, rewarding shareholders and reflecting its confidence in future growth prospects. This dividend payout, coupled with the Bank's strong financial metrics, fueled investor confidence and drove the significant stock price increase.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1197783908"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1197783908\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1197783908?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-20 13:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1197783908","market":"us","top_or_hot":-1,"title":"Stock Track | Bank of East Asia Soars 5.17% on Solid Financials and Dividend Boost","media":"Stock Track","content":"<p>The stock of Bank of East Asia (00023) surged 5.17% on Thursday in an intraday trading session, propelled by the Bank's robust financial performance and a generous dividend declaration.</p>\n\n<p>In its full-year 2024 results, Bank of East Asia reported a healthy profit attributable of HK$4,608 million and a net interest income of HK$16,529 million. The Bank's financial strength was further underscored by a solid Common Equity Tier 1 Capital Ratio of 17.7% as of December 31, 2024.</p>\n\n<p>Additionally, the Bank announced a second interim dividend of HK$0.38 per share for the year 2024, rewarding shareholders and reflecting its confidence in future growth prospects. This dividend payout, coupled with the Bank's strong financial metrics, fueled investor confidence and drove the significant stock price increase.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Bank of East Asia Soars 5.17% on Solid Financials and Dividend Boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Bank of East Asia Soars 5.17% on Solid Financials and Dividend Boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-20 13:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The stock of Bank of East Asia (00023) surged 5.17% on Thursday in an intraday trading session, propelled by the Bank's robust financial performance and a generous dividend declaration.</p>\n\n<p>In its full-year 2024 results, Bank of East Asia reported a healthy profit attributable of HK$4,608 million and a net interest income of HK$16,529 million. The Bank's financial strength was further underscored by a solid Common Equity Tier 1 Capital Ratio of 17.7% as of December 31, 2024.</p>\n\n<p>Additionally, the Bank announced a second interim dividend of HK$0.38 per share for the year 2024, rewarding shareholders and reflecting its confidence in future growth prospects. This dividend payout, coupled with the Bank's strong financial metrics, fueled investor confidence and drove the significant stock price increase.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00023","symbol_name":"东亚银行","start_time":0,"source_url":"","article_id":"1197783908","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197783908","pubTimestamp":1740029069,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The stock of Bank of East Asia  surged 5.17% on Thursday in an intraday trading session, propelled by the Bank's robust financial performance and a generous dividend declaration.In its full-year 2024 results, Bank of East Asia reported a healthy profit attributable of HK$4,608 million and a net interest income of HK$16,529 million. The Bank's financial strength was further underscored by a solid Common Equity Tier 1 Capital Ratio of 17.7% as of December 31, 2024.Additionally, the Bank announced ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00023":"东亚银行"},"translate_title":"股票轨迹东亚银行因稳健的财务状况和股息增加而飙升5.17%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00023":1},"content_text":"The stock of Bank of East Asia (00023) surged 5.17% on Thursday in an intraday trading session, propelled by the Bank's robust financial performance and a generous dividend declaration.\nIn its full-year 2024 results, Bank of East Asia reported a healthy profit attributable of HK$4,608 million and a net interest income of HK$16,529 million. The Bank's financial strength was further underscored by a solid Common Equity Tier 1 Capital Ratio of 17.7% as of December 31, 2024.\nAdditionally, the Bank announced a second interim dividend of HK$0.38 per share for the year 2024, rewarding shareholders and reflecting its confidence in future growth prospects. This dividend payout, coupled with the Bank's strong financial metrics, fueled investor confidence and drove the significant stock price increase.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}