Hong Leong Bank Analysis 1/3/2024Long, recommended stop loss 15.90, and the price expect to surge until 23.26.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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2.04 MYR
4.20 B MYR
10.69 B MYR
485.98 M
About HONG LEONG BANK BHD
Sector
Industry
CEO
Sai Yoke Lam
Website
Headquarters
Kuala Lumpur
Founded
1905
ISIN
MYL5819OO007
FIGI
BBG000BTPCC6
Hong Leong Bank Bhd. engages in the commercial banking business and the provision of related services. It operates through the following segments: Personal Financial Services; Business and Corporate Banking; Global Markets; Overseas/International Operations; and Other Operations. The Personal Financial Services segment focuses on servicing individual customers and small businesses. The Business and Corporate Banking segment is involved in corporate and small medium enterprises. The Global Markets segment offers domestic treasury and capital market operations, foreign exchange, money market operations, and capital market securities trading and investments. The Overseas/International Operations segment provides commercial banking and treasury business. The Other Operations segment includes head office and other subsidiaries. The company was founded in 1905 and is headquartered in Kuala Lumpur, Malaysia.
HLBANK - Strength RemainsHLBANK
Theme: Finance
Rst: 19.36
Spp: 18.60
Forging higher high wave, with BB continues to widening northward, plus indicators remain healthy, achieving BO above 19.36 is possible.
HLBANK - Will Challenge Double Top Peak SoonHLBANK
Theme: Finance
Rst: 19.36
Spp: 18.00
Healthy consolidation above MA50, supported by widening BB and bullish RSI, MACD, shall gradually move to challenge the critical resistance at 19.36 again in near term.
Hong Leong Bank- Bullish UptrendPenetrate resistance at 18.50 .
Candles stay above EMA20/ 40 indicating short term upwards bias.
MA 50/100/150/200 all pointing towards upward trends.
Huge money flow in to bottom fish from 17.45 with increasing price momentum.
Nice cup and handle chart pattern formed.
Next resistance
19.60
21.30
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Frequently Asked Questions
The current price of HLBANK is 20.54 MYR — it hasn't changed in the past 24 hours. Watch HONG LEONG BANK BHD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange HONG LEONG BANK BHD stocks are traded under the ticker HLBANK.
HLBANK stock has risen by 2.39% compared to the previous week, the month change is a −2.19% fall, over the last year HONG LEONG BANK BHD has showed a 6.54% increase.
We've gathered analysts' opinions on HONG LEONG BANK BHD future price: according to them, HLBANK price has a max estimate of 30.00 MYR and a min estimate of 21.70 MYR. Watch HLBANK chart and read a more detailed HONG LEONG BANK BHD stock forecast: see what analysts think of HONG LEONG BANK BHD and suggest that you do with its stocks.
HLBANK reached its all-time high on Sep 27, 2024 with the price of 21.88 MYR, and its all-time low was 3.70 MYR and was reached on Apr 25, 2003. View more price dynamics on HLBANK chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
HLBANK stock is 1.68% volatile and has beta coefficient of 0.70. Track HONG LEONG BANK BHD stock price on the chart and check out the list of the most volatile stocks — is HONG LEONG BANK BHD there?
Today HONG LEONG BANK BHD has the market capitalization of 42.10 B, it has decreased by −3.39% over the last week.
Yes, you can track HONG LEONG BANK BHD financials in yearly and quarterly reports right on TradingView.
HONG LEONG BANK BHD is going to release the next earnings report on Nov 27, 2024. Keep track of upcoming events with our Earnings Calendar.
HLBANK earnings for the last quarter are 0.50 MYR per share, whereas the estimation was 0.51 MYR resulting in a −1.67% surprise. The estimated earnings for the next quarter are 0.53 MYR per share. See more details about HONG LEONG BANK BHD earnings.
HONG LEONG BANK BHD revenue for the last quarter amounts to 1.48 B MYR, despite the estimated figure of 1.53 B MYR. In the next quarter, revenue is expected to reach 1.53 B MYR.
HLBANK net income for the last quarter is 1.03 B MYR, while the quarter before that showed 1.04 B MYR of net income which accounts for −1.01% change. Track more HONG LEONG BANK BHD financial stats to get the full picture.
HONG LEONG BANK BHD dividend yield was 3.54% in 2024, and payout ratio reached 33.21%. The year before the numbers were 3.11% and 31.66% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 8.06 K employees. See our rating of the largest employees — is HONG LEONG BANK BHD on this list?
Like other stocks, HLBANK shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HONG LEONG BANK BHD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HONG LEONG BANK BHD technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HONG LEONG BANK BHD stock shows the buy signal. See more of HONG LEONG BANK BHD technicals for a more comprehensive analysis.
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If you're still not sure, try looking for inspiration in our curated watchlists.