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《大行报告》花旗:汇控(00005.HK)首季经调整税前利润远胜预期 受益拨备回拨及非利息收入
阿思达克 04-27 15:15
花旗发表报告表示,汇丰控股(00005.HK)中午公布今年首季业绩远胜市场预期,经调整除税前利润录64亿美元,高於证券同业预期49%,主要受收入强劲(高於市场预期5%)、预期信用损失准备回拨4亿美元推动。期内手续费收入按年升11%,超出该行预期3%。达标支出录3亿美元,低於市场原预期9亿美元,但汇控仍将今年全年达标支出目标定为35亿美元。

该行指,汇控首季信用损失准备回拨4亿美元(特别是英国业务),对比该行及市场原预期信用损失录得拨备10亿至11亿美元,以反映经济前景改善。

花旗指,汇控今年业绩开端强劲,净息差似乎已稳定下来,与资本市场相关的收入亦表现强劲,更新的信用损失准备指引和拨备前利润优於预期。该行维持对汇控「中性」投资评级及予伦敦上市股份目标价4.3英镑(约46.34港元)。

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