Workflow
HSBC HOLDINGS(HSBC)
icon
Search documents
HSBC Q3 Pre-Tax Earnings Rise Y/Y as ECL Charges Decline, Stock Up
ZACKS· 2024-10-29 13:56
Core Viewpoint - HSBC Holdings reported a third-quarter 2024 pre-tax profit of $8.5 billion, reflecting a 9.9% increase year-over-year, despite losses from legacy securities and treasury repositioning [1][2] Financial Performance - Total revenues reached $17 billion, up 5.2% year-over-year, primarily driven by an increase in other operating income [3] - Operating expenses rose 2.2% year-over-year to $8.1 billion, influenced by higher technology costs and inflation, although mitigated by cost discipline and disposals in Canada and France [3] - Expected credit losses (ECL) were $986 million, down 7.9% year-over-year, contributing positively to the financial results [3] Capital and Ratios - The common equity tier 1 (CET1) ratio as of September 30, 2024, was 15.2%, an increase from 14.9% a year earlier, while the leverage ratio remained stable at 5.7% [4] Business Segment Performance - Wealth and Personal Banking reported a pre-tax profit of $3.23 billion, up 16.2% year-over-year, driven by increased net fee income [5] - Commercial Banking's pre-tax profit was $3 billion, up 5.4% year-over-year, supported by lower ECL charges [5] - Global Banking and Markets saw a pre-tax profit of $1.79 billion, a significant increase of 39.7% year-over-year, while the Corporate Centre reported a decline of 47.7% to $400 million [6] Capital Deployment - The board approved a third interim dividend of 10 cents per share and plans to initiate a share buyback of up to $3 billion, expected to be completed within four months [7] Outlook - For 2024, management anticipates banking net interest income (NII) of $43 billion and targets a 5% growth in operating expenses [8] - ECL charges are expected to be between 30 and 40 basis points of average gross loans, with a return on average tangible equity projected in the mid-teens for 2024 and 2025 [8][9] Strategic Initiatives - The company aims to manage the CET1 ratio within a medium-term target of 14-14.5% and expects a dividend payout ratio of 50% for 2024 [9] - HSBC's strong capital position and digital capabilities, along with efforts to improve operating efficiency, are expected to support its financials despite challenges in revenue growth due to the macroeconomic environment [10]
HSBC HOLDINGS(HSBC) - 2024 Q3 - Earnings Call Presentation
2024-10-29 11:57
HSBC Holdings plc 3Q24 Results Presentation to Investors and Analysts Simplified organisational structure to accelerate strategic execution 1 Four connected businesses Hong Kong UK Corporate and Institutional Banking, covering clients globally International Wealth and Premier Banking, covering clients globally An 18-person ExCo streamlined to a 12-person Operating Committee Focus on increasing leadership and market share where we have a competitive advantage and the greatest opportunities to grow Deliver be ...
汇丰控股(00005) - 翌日披露报表
2024-10-29 09:13
FF305 | | | 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別: 股票 狀態: 新提交 公司名稱: HSBC Holdings plc 滙豐控股有限公司 呈交日期: 2024年10月29日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司(「香港聯交所」)證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露,必須填妥第一章節 。 FF305 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00005 | 說明 | | 普通股(每股0.50美元) | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份(不包括庫存 ...
HSBC beats expectations in third-quarter earnings; announces additional $3 billion share buyback
CNBC· 2024-10-29 04:33
HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom.Boosted by strong revenue growth, Europe's largest lender HSBC on Tuesday reported third-quarter earnings that beat analysts' expectations as it embarks on a major restructuring that will see it splitting into four divisions.Here are HSBC's results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:Pre-tax profit: $8.5 ...
汇丰控股(00005) - 股息货币选择表格
2024-10-29 04:00
此乃要件 請即處理。倘閣下對本文件或應採取之行動有任何疑問,應諮詢股票經紀、律師、會計師或其他適當之獨立專業顧問。本通知適用於下文所列登記持 有人,不得轉讓。英國及英國以外地區之稅務影響一般概要載於滙豐控股有限公司現行《年報及賬目》的「股東參考資料」一節。股東應向其稅務顧問諮詢相 關稅務責任。滙豐控股有限公司派發之股息現時並無預扣任何稅項。 本股息貨幣選擇表格僅適用於持有以其自身名義發出之實物股票的滙豐控股有限公司香港海外股東分冊登記股東。 股息貨幣選擇表格 對於香港海外股東分冊,股息之預設派發貨幣為港元,亦可以美元或英鎊,或此等貨幣之組合派發。閣下可填寫本表格,更改股息的貨幣選擇。 股份登記處可安排將港元現金股息直接存入閣下的銀行戶口,亦可安排寄發美元及 / 或英鎊支票以入賬至閣下的銀行戶口。閣下可在股份登記處之投 資者中心網頁(www.investorcentre.com/hk)登記或更改銀行指示。閣下需預先在該投資者中心網頁登記,方可使用這項設施。請即採取行動,以 便閣下有足夠時間完成登記手續並就後續股息發出指示(股息的最後選擇限期請參閱 www.hsbc.com)。 閣下如欲更改名下全數股息的貨幣,請 ...
汇丰控股(00005) - 2024年第三次股息
2024-10-29 04:00
免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | | 股票發行人現金股息(可選擇貨幣)公告 | | 發行人名稱 | HSBC Holdings plc 滙豐控股有限公司 | | 股份代號 | 00005 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 2024年第三次股息 | | 公告日期 | 2024年10月29日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 第三季度 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 | 每 股 0.1 USD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | HKD, 金額有待公佈 | | 匯率 | 有待公佈 ...
汇丰控股(00005) - 翌日披露报表
2024-10-28 08:30
FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別: 股票 狀態: 新提交 公司名稱: HSBC Holdings plc 滙豐控股有限公司 呈交日期: 2024年10月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司(「香港聯交所」)證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露,必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00005 | 說明 | 普通股(每股0.50美元) | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份(不包括庫存股份)變動 | | 庫存 ...
汇丰控股(00005) - 本身股份之交易及回购完成
2024-10-27 23:30
香港交易及結算所有限公司及香港聯合交易所有限公司對本文件的內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示,概不對因本文件全部或任何部份內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 HSBC Holdings plc 滙豐控股有限公司 海外監管公告 所附的公告已經在HSBC Holdings plc滙豐控股有限公司上市的其他證券交易所發布。 於本公告發表之日,滙豐控股有限公司董事會成員包括:杜嘉祺爵士*、艾橋智、鮑哲鈺†、段小纓†、 范貝恩女爵士†、傅偉思†、高安賢†、古肇華†、麥浩智博士†、莫佩娜†、梅愛苓†、利伯特†及 張瑞蓮†。 * 集團非執行主席 † 獨立非執行董事 香港股份代號 : 5 HSBC Holdings plc 滙豐控股有限公司 註冊辦事處及集團總管理處: 8 Canada Square, London E14 5HQ, United Kingdom 網站:www.hsbc.com 英格蘭註冊有限公司。英格蘭註冊編號: 617987 滙豐控股有限公司(「滙豐」或「本公司」)宣布,已向 Merrill Lynch International (「Merrill L ...
Gold will rise higher on geopolitical risks, but weaker demand and rising supply will end rally in H2 2025 – HSBC
KITCO· 2024-10-25 14:37
Core Points - The article does not provide any specific insights or data related to companies or industries, focusing instead on the author's background and disclaimers [2][3]. Summary by Sections - **Author Background**: The author, Ernest Hoffman, has over 15 years of experience in market news and has established a significant presence in the field, including developing a fast web-based audio news service [2]. - **Disclaimer**: The article includes a disclaimer stating that the views expressed may not reflect those of Kitco Metals Inc., and emphasizes that the information is for informational purposes only [3].
汇丰控股(00005) - 翌日披露报表
2024-10-25 08:30
FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 第 1 頁 共 9 頁 v 1.3.0 FF305 | 1). | 在英國購回以作註銷但尚未註銷之股份 | | 1,110,000 | 0.00611 % | GBP | 6.8043 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2024年10月23日 | | | | | | 2). | | 在英國購回以作註銷但尚未註銷之股份 | 1,098,073 | 0.006044 % | GBP | 6.8216 | | | 變動日期 | 2024年10月24日 | | | | | | 3). | | 在香港購回以作註銷但尚未註銷之股份 | 5,968,000 | 0.03285 % | HKD | 68.0298 | | | 變動日期 | 2024年10月9日 | | | | | | 4). | | 在香港購回以作註銷但尚未註銷之股份 | 5,250,000 | 0.028898 % | HKD | 68.3465 | | | 變動日期 | ...