Brief: Bank Of East Asia Posts HY Profit Attributable Of HK$ 2,111 Mln

The Bank of East Asia

22/08/2024 05:05

Aug 22 (Reuters) - Bank of East Asia Ltd  0023.HK :
    * HY PROFIT ATTRIBUTABLE HK$ 2,111 MILLION VERSUS HK$2,636
MILLION
    * HY NET INTEREST INCOME HK$8,228 MILLION VERSUS HK$8,045
MILLION
    * INTERIM DIVIDEND DECLARED AFTER THE INTERIM PERIOD OF
HK$0.31
PER SHARE
    * HY NET INTEREST MARGIN  WIDENED BY 7 BASIS POINTS FROM
2.03% TO
2.10%
    * AS AT HY END, COMMON EQUITY TIER 1 CAPITAL RATIO 17.1%
    * WITH RATES SET TO REMAIN ELEVATED FOR LONGER, BEA
CONTINUES TO
BENEFIT FROM STRONG NIMS

Further company coverage:  0023.HK 

 ((Reuters.Briefs@thomsonreuters.com;))