Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
HSBC HOLDINGS PM Shr Gains Sharpen to 3%+; Expected 2025 Banking NII at USD43B
Recommend 39 Positive 59 Negative 66 |
||||
|
||||
|
HSBC HOLDINGS (00005.HK) announced at noon that its 3Q reported PBT sank 13.9% YoY to USD7.295 billion, below the median forecast of USD8.016 billion from five brokers compiled by this website. The third DPS equaled USD0.1. The group stated that a decision to recommence buy-backs will be subject to its normal buy-back considerations and process on a quarterly basis. It maintained its dividend payout ratio target basis of 50% for 2025. It also expected banking NII of US$43 billion or better in 2025 (vs US$42 billion expected in interim results), reflecting increased confidence in the near-term trajectory for policy rates in key markets, including in Hong Kong and the UK. HSBC HOLDINGS share gain sharpened in the afternoon, peaking at HKD105.5. It last posted at HKD105.4, up 3.33%, with a trading volume of 13.7771 million shares, involving HKD1.43 billion. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
