BANK OF E ASIA(HK:00023) 智通财经网·2026-02-13 05:40Core Viewpoint - East Asia Bank's shares fell over 13% following the announcement of its annual financial results, indicating market disappointment with the bank's performance and dividend cuts [1] Financial Performance - The bank reported total operating income of HKD 21.019 billion for the last fiscal year, a year-on-year increase of 0.2% [1] - Net profit decreased to HKD 3.501 billion, representing a year-on-year decline of 24% [1] - Earnings per share were reported at HKD 1.22 [1] Dividend Information - The second interim dividend was set at HKD 0.22 per share, down 42.1% from HKD 0.38 per share in the same period last year [1] - Total annual dividend was HKD 0.61, a decrease of 11.6% compared to HKD 0.69 in the previous fiscal year [1] Provisioning and Asset Valuation - The bank continues to proactively and prudently make provisions for its exposure to commercial real estate, with 77% of this year's provisions related to commercial real estate in Hong Kong and mainland China [1] - The valuation of the bank's investment property portfolio was adjusted downwards by HKD 723 million [1] Losses from Joint Ventures - The bank recorded a loss of HKD 305 million from its share of joint ventures and associates, primarily attributed to a mainland joint venture [1]