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Finance

Hong Leong Bank Bhd.

Business Summary

Hong Leong Bank Bhd. engages in the provision of financial 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 includes mortgages, credit cards, hire purchase and others. The Business and Corporate Banking segment provides trade financing, working capital facilities, other term financing and corporate advisory services. The Global Markets segment refers to the Group’s domestic treasury and capital market operations and includes foreign exchange, money market operations as well as capital market securities trading and investments. The Overseas/International Operations segment is comprised of the Hong Leong Bank Berhad overseas branches, subsidiaries, associate, joint venture and representative office. The overseas operations are mainly in commercial banking and treasury business. The Other Operations refers to head office and other subsidiaries. The company was founded in 1905 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Jun 2020 MYRUSD
Revenue8,310.49M1,975.16M
Gross Profit----
Operating income2,342.84M556.82M
Income before tax2,347.06M557.82M
Net income2,494.59M592.89M
EBITDA----
Diluted EPS1.210.28
Dividends Per Share0.360.08
Total Assets221,277.91M51,640.12M
Total liabilities194,043.61M45,284.39M
Total equity27,234.29M6,355.72M
Operating cash flow1,222.77M290.61M
Currency in MYRCurrency in USD

Historical Data

 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 7,887.60M 7,787.74M 8,219.43M 8,550.63M 8,310.49M
Gross Profit -- -- -- -- --
Operating income 2,040.90M 2,381.79M 2,705.09M 2,530.53M 2,342.84M
Income before tax 2,048.29M 2,748.25M 3,246.25M 2,622.90M 2,347.06M
Net income 1,903.41M 2,145.01M 2,638.07M 2,664.50M 2,494.59M
EBITDA -- -- -- -- --
Diluted EPS 0.99 1.04 1.28 1.29 1.21
Dividends Per Share 0.41 0.45 0.48 0.50 0.36
Total Assets 189,828.21M 195,552.52M 202,890.77M 207,369.41M 221,277.91M
Total liabilities 168,711.06M 172,867.10M 178,998.51M 181,895.02M 194,043.61M
Total equity 21,117.14M 22,685.41M 23,892.25M 25,474.38M 27,234.29M
Operating cash flow -469.24M 2,285.00M 2,353.60M 914.17M 1,222.77M
 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 1,907.77M 1,817.34M 2,016.93M 2,072.11M 1,975.16M
Gross Profit -- -- -- -- --
Operating income 493.63M 555.81M 663.79M 613.23M 556.82M
Income before tax 495.41M 641.33M 796.58M 635.62M 557.82M
Net income 460.37M 500.55M 647.34M 645.70M 592.89M
EBITDA -- -- -- -- --
Diluted EPS 0.24 0.24 0.31 0.31 0.28
Dividends Per Share 0.09 0.10 0.11 0.12 0.08
Total Assets 47,086.25M 45,555.19M 50,226.70M 50,180.13M 51,640.12M
Total liabilities 41,848.21M 40,270.48M 44,312.04M 44,015.73M 45,284.39M
Total equity 5,238.03M 5,284.71M 5,914.65M 6,164.40M 6,355.72M
Operating cash flow -113.49M 533.22M 577.54M 221.53M 290.61M

Valuation Measures

Jun 2020
PER11.55
ROA1.16%
ROE9.46%
Operating margin28.19%
Profit margin30.01%

Key executives

  • Chief Executive Officer & Group Managing Director: Domenic Fuda
  • Chief Financial Officer: Malkit Singh Maan
  • Managing Director-Personal Financial Services: Sik Wan King
  • Chief Operating Officer-Group Strategic Support: Dominic Mascrinas
  • Head-Finance & Investor Relations: Sheng Wai Chow

Shareholders

  • Hong Leong Financial Group Bhd. (62.0%)
  • Employees Provident Fund (10.8%)
  • Hong Leong Bank Bhd. (3.7%)
  • Permodalan Nasional Bhd. (2.8%)
  • Kumpulan Wang Persaraan (1.2%)
  • The Vanguard Group, Inc. (0.9%)
  • Great Eastern Life Assurance Co. Ltd. (0.9%)
  • BlackRock Fund Advisors (0.7%)
  • Rakaman Anggun Sdn. Bhd. (0.6%)
  • Eastspring Investments (Singapore) Ltd. (0.5%)

Contact Details

  • Website:http://www.hlb.com.my
  • Address: No. 6, Jalan Damanlela, Level 19, Menara Hong Leong, Kuala Lumpur, 50490, Malaysia
  • Phone: +60.3.2081.8888

Related Companies

  • Promilia Bhd.
  • Hong Leong Bank Bhd. (Labuan)
  • Hong Leong Finance Bhd.
  • Hong Leong Bank Bhd. (Hong Kong)
  • Hong Leong Bank Cambodia Plc
  • Hong Leong Bank Vietnam Ltd.
  • Hong Leong Bank Bhd. ESOS
  • HL Bank Nominees (Singapore) Pte Ltd.
  • Gensource Sdn. Bhd.
  • Famehub Quest Sdn. Bhd.
  • Famehub Capital Sdn. Bhd.
  • DC Tower Sdn. Bhd.
  • Prominic Berhad
  • Hong Leong Islamic Bank Bhd.
  • HLF Credit Perak Bhd.
  • HL Bank Singapore
  • Portalegre
  • EON Capital Bhd.

Competitors

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