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美銀證券:上調匯控(0005.HK)每股盈利預測,港股成交放緩令收入按季跌
格隆匯 07-13 13:42

美銀證券發表研究報吿指,由於減值降低,該行上調匯控(0005.HK)今年每股盈利預測0.04美元,並將2022年至2023年的每股盈利預測提升0.01美元至0.02美元。美銀維持匯控倫敦目標價480便士,評級為中性。

美銀表示,匯控近期正在專注於擴展財富管理業務的計劃,或會推高成本,但要估計相關收入就言之尚早。該行預期,港股成交量放緩將導致收入按季下跌,而季內偏低的香港銀行同業拆息限制了銀行的淨利息收入。

該行又認為,匯控擁有大量的盈餘資本,其15.9%的普通股權一級資本比率提供了200億美元的緩衝。為使銀行的有形股本回報率重回雙位數,美銀認為資本管理將不可或缺,集團或會結合低迴報的歐洲市場業務,推出進一步的成本管理計劃,但相信這是稍後時間才會討論。

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