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FY2023 EPS Estimates for Hang Seng Bank Limited (OTCMKTS:HSNGY) Raised by Jefferies Financial Group

Defense World ·  Oct 24, 2022 02:41

Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating) – Jefferies Financial Group raised their FY2023 earnings per share estimates for shares of Hang Seng Bank in a note issued to investors on Wednesday, October 19th. Jefferies Financial Group analyst S. Wong now forecasts that the company will earn $1.29 per share for the year, up from their previous estimate of $1.26. The consensus estimate for Hang Seng Bank's current full-year earnings is $0.78 per share. Jefferies Financial Group also issued estimates for Hang Seng Bank's FY2024 earnings at $1.43 EPS.

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Hang Seng Bank Trading Down 0.3 %

HSNGY stock opened at $15.28 on Monday. Hang Seng Bank has a twelve month low of $14.47 and a twelve month high of $21.61. The firm's fifty day simple moving average is $15.57 and its two-hundred day simple moving average is $16.83.

Hang Seng Bank Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 18th. Investors of record on Wednesday, October 19th will be given a $0.0785 dividend. This represents a yield of 2.92%. The ex-dividend date is Tuesday, October 18th.

About Hang Seng Bank

(Get Rating)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Other.

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