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花旗:渣打首季收入勝預期,予目標價62.7港元

格隆匯4月29日丨花旗發研報指,渣打集團(2888.HK)首季除税前基本溢利錄15億美元,按年增4%,按季增長9.12倍,主要受收入優於預期所帶動,營運成本按年升6%,高於預期,而普通股權一級資本比率表現亦優於預期,主要是反映風險加權資產優化措施及溢利增加帶來約110個基點升幅的影響,予目標價62.7港元,予“中性╱高風險”評級。

該行表示,首季淨利息收入17.9億美元,按季增長5%,按年增長8%,高於預期,首季渣打淨息差錄強勁擴張,整體淨息差為1.29%,按季上升10個基點,這得益於HIBOR和財資業務增長,而首季信貸損失撥備為2億美元,按季跌2%,大致符合預期。

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