BOC Hong Kong (Holdings) Limited (2388) Earnings Call Transcripts

BOC Hong Kong (Holdings) Limited's Latest Earnings Call - March 30, 2026

In the fiscal year 2025, BOC Hong Kong (Holdings) Limited reported an attributable profit of HKD 40.1 billion, reflecting a 4.9% year-on-year increase. Revenue growth was driven by a 7.9% rise in customer deposits to HKD 2.94 trillion and a 13.9% increase in net fee and commission income to HKD 11.3 billion. Management maintained a stable dividend policy, proposing a total dividend of HKD 2.125 per share, up 6.8% year-on-year, while signaling confidence in future growth despite potential geopolitical uncertainties and interest rate volatility.

Reported metrics

Guidance from management

Management expressed confidence in achieving further growth in 2026, focusing on high-quality development and enhancing integrated services. They expect to maintain a dividend payout ratio between 40% to 60% while navigating potential geopolitical and economic challenges.

What management said

So that was way more than 1 question. It was 2 big questions and a lot of small questions. In terms of assets, I would like to ask DCE Wang to address that. And then mortgage DCE Chan, please. For deposit DCE Xu in terms of CIR, I would like to have DCE Xu to address that as well. For AI, other colleagues will address that. So all together, there will be 5 questions.

Thank you for the management. The last opportunity will be handed over to analysts online. -- analyst from CICC raised 2 questions from Shanghai. Number one, Wealth Management has -- business has achieved rapid growth for many quarters. So how do we see its sustainability? And number two, for deposit CASA growth in 2025 has been very fast. What are the contributions? What are the main customers and business scenario ...

What analysts pressed on

Analysts raised concerns regarding the outlook for NIM given the declining HIBOR rates and the potential impact of geopolitical tensions on credit risk. There were also questions about the sustainability of wealth management growth and the implications of rising impairments in the property sector.

Main topics on the call

• Revenue Growth — BOC Hong Kong achieved a 4.9% increase in attributable profit, reaching HKD 40.1 billion. The growth was supported by a 7.9% rise in customer deposits and a significant 13.9% increase in net fee and commission income, wh...
• Dividend Policy — The Board proposed a total dividend of HKD 2.125 per share, which includes a final dividend of HKD 1.255. This represents a 6.8% increase year-on-year, reflecting the bank's commitment to enhancing shareholder returns.
• Asset Quality — The impaired loan ratio increased to 1.14%, up 9 basis points year-on-year, but remained below the market average of 2.01%. Management emphasized their proactive risk management strategies to maintain asset quality.
• Wealth Management Growth — Wealth management income grew significantly, with personal wealth management income increasing by 40% year-on-year. The bank plans to continue focusing on high-end customer segments and cross-border business opportunitie...

Read the full BOC Hong Kong (Holdings) Limited transcript (March 30, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 BOC Hong Kong (Holdings) Limited earnings call transcripts on record, spanning March 27, 2020 to March 30, 2026. Based on this history, BOC Hong Kong (Holdings) Limited reports semi-annually. The most recent call on file is dated March 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

2388

Exchange

SEHK

Country

HK

Sector

Financials

Industry

Banks

Calls on record

13

First call

March 27, 2020

Most recent

March 30, 2026

Reporting cadence

semi-annually