HBOS PLC is one of the most reputed home loan providing firms of the UK. The bank is performing satisfactorily and so the share prices are also going up. The earnings per share of HBOS, in the first half of 2007 fiscal, grew by almost 16%. HBOS PLC is among the first five banks of Scotland. At the same time, it is among the most reputed home loan providers of the country.
The stocks of the bank are also performing accordingly and the earnings per share of HBOS is also very high.According to the financial reports of the first half of the 2007 fiscal, the bank has made profits of about �2,962 million. The percentage of profit was 13% higher than what the bank had made in the first half of 2006. The figure was �2,612 million.
At the same time, the earnings per share of HBOS has also increased by almost 16%. The earnings per share of HBOS PLC in 2006 was 47 pounnds and it went up to 54.6 pounds in the first half of 2007.
Since 2002, the bank stocks are performing steadily and showing gradual development. As a result of this, the HBOS stocks are one of the best performing stocks of the country. Since 2002, the share prices have moved up by 38.8%. The shareholder base of HBOS is very strong and there are more than 2 million shareholders of the bank.
At the same time, more than 75% of these shareholders are the customers of the bank as well. The bank has provided the shareholders with the biggest dividend package in 2007. At the same time, it is also involved in providing Free Shares to the colleagues. The Free Shares Program of HBOS PLC started in 2005. According to the recent reports, the HBOS colleagues are holding a big portion of the company’s shares and total value of these assets is nearly �490 million.