Tiger Brokers

高盛：汇丰控股(00005)上季收入强劲 调高今年净利息收益指引

智通财经
Oct 28

智通财经APP获悉，高盛发布研报称，汇丰控股(00005)中午公布第三季业绩，按替代表现衡量指标的不计及须予注意项目之固定汇率除税前利润达91亿美元，较该行原预测及市场共识分别高出7%和9%，主要受惠于收入表现优于预期。收入增长由银行业净利息收入及非银行业净利息收入双双超出预期所推动。成本及信贷拨备大致符合预期。 此外，普通股一级资本比率(CET 1)为14.5%，亦符合市场预期。

该行指，汇控上调2025财年有形股本回报率(ROTE)至“中等双位数”(14%-16%)或更高(市场共识为16%)，并维持2025至2027财年ROTE“中等双位数”的展望(2026-2027财年市场平均预期为15.7%); 汇控亦上调2025财年银行业务净利息收益指引至430亿美元或以上，此前约为420亿美元(市场共识为425亿美元)。

汇控维持2025财年成本增长目标约3%，即总营运支出达335亿美元(市场共识为333亿美元)，并计划于2026年底前实现成本节约15亿美元，预期2025财年信贷成本约为40个基点(市场共识略高于40个基点)，中期信贷成本指引维持在30至40个基点。高盛表示目前无对汇控给予投资评级。而汇控本月初宣布计划私有化恒生银行(00011)，高盛为今次交易汇控的联席财务顾问。

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10