Hsbc Share Discussion Threads

[shawzie] 10/5/2019 19:48

Ukneonboy - 10p per share. Really?

[ukneonboy] 10/5/2019 10:36

"EX-DIVIDEND" info
==================

I’ve been tracking shares in the HSBC Banking Group (Sedol Code: HSBA) for a while now and these shares will be quoted and will become “ex dividend” on 19 May 2019. The Quarterly dividend is 10p per share and will be paid out to shareholders on 06 Jul 2019.

Based on yesterday’s closing price of 651p each the prospective annual gross dividend yield is 6.0% per annum.

[skinny] 03/5/2019 10:00

Financial performance (vs. 1Q18)

• Reported profit after tax up 31% to $4.9bn.

• Reported revenue up 5%. Adjusted revenue up 9%, supported by positive market impacts and disposal gains.

• Reported operating expenses down 12%. Adjusted operating expenses up 3.2% in 1Q19, which has slowed from 5.6% at FY18 (compared with FY17). Returned to positive adjusted jaws of 6.0%, supported by favourable markets-related movements and disposal gains in Latin America.

• Earnings per share of 21 cents, up 40%. Return on tangible equity (annualised) up 220bps to 10.6%.

• Common equity tier 1 ('CET1') ratio up 30bps from 31 December 2018 to 14.3%, including a 7bps adverse impact of IFRS 16. We are committed to the discipline of scrip neutralisation and will announce our decision on 2019 share buybacks at the half-year.

Strategic progress

• Continued growth momentum in RBWM and CMB. Adjusted revenue up 10% in RBWM and 11% in CMB, compared with 1Q18. Strong adjusted revenue performances in Retail Banking (up 11%) and Global Liquidity and Cash Management (up 17%).

• Strong growth in Asia, despite a softer rate and growth environment. Reported revenue up 7% compared with 1Q18; reported lending growth of $11bn or 2% compared with 4Q18.

• Investments of $1.0bn in 1Q19, up 15% compared with 1Q18, on near- and medium-term initiatives to grow the business and enhance our digital capabilities.

• Revenue growth from our international network, with transaction banking revenue up 9% compared with 1Q18.

• US turnaround progressing, but this remains our most challenging strategic priority. In 1Q19, we increased retail customer numbers and continued to capitalise on our international network, despite the softening rate environment.

more.....

[ianood] 03/5/2019 08:01

Best for a long time

[woodhawk] 03/5/2019 07:45

Yep, excellent results.

[garycook] 03/5/2019 07:39

Great results.Up in Hong Kong 2.6%.Should open up in the 680p region.

[togglebrush] 03/5/2019 06:42

Source CNBC
'
Europe’s largest bank, HSBC, reported first-quarter earnings on Friday that beat expectations.

HSBC said its reported profit before tax in the first quarter was $6.213 billion, a 30.7% jump from a year ago.
'
Its revenue for the quarter was $14.428 billion, an increase of 5.24% year-over-year
'
Dividend 10 US cents XD 16May Paid 5Jul

[maywillow] 24/4/2019 11:46

Norwegian oil-and-gas giant Equinor ASA (EQNR.OS) has adopted new climate-change policies following pressure from investors.

Next year, the company will publish targets to reduce its greenhouse-gas emissions beyond 2030 and will report annually on its progress. It will also assess how its portfolio will perform in a future where global warming is below 2 degrees Celsius, in line with the Paris Agreement; strengthen the link between executive pay and its targets; and consider ending its membership of industry associations working to stall government action on climate change, Equinor said.

"The actions we announce today make us even more competitive in the energy transition, and support the goals of the Paris Agreement," said Eldar Saetre, president and chief executive officer at Equinor.

The decision follows pressure from investors led by the asset management arms of UBS Group AG (UBS), HSBC Holdings PLC (HSBA.LN) and StoreBrand ASA (STB.OS). The asset managers are members of Climate Action 100+, a group of more than 300 investors representing more than $33 trillion in assets who have engaged with oil companies.

"Climate change is a significant challenge and the company's commitments on scenario analysis, strategy and reporting will help provide transparency to shareholders," said Thomas O'Malley, global head of corporate governance at HSBC Global Asset Management.

Equinor is the latest European oil-and-gas major to bow to investors as concerns mount over how energy companies address the warming climate. Last year, Royal Dutch Shell PLC (RDSA.LN) agreed to set more targets to reduce its emissions, while this year, BP PLC (BP.LN) agreed to a shareholder resolution requiring it to describe how the company's strategy is consistent with the Paris Agreement.

American oil majors have been more resistant to adopting ambitious climate-change business practices, although their investments in clean energy have picked up in recent years.

Global oil-and-gas production needs to fall around 20% by 2030 and around 55% by 2050 to meet the Paris Agreement, according to a United Nations climate-science panel. However, oil-and-gas companies are expected to spend $4.9 trillion over the next decade on the exploration and extraction of new oil fields, which comes into conflict with the agreement, according to a report out this week from Global Witness, a nonprofit focused on human rights.

"There is an alarming gap between the plans of oil and gas majors and what the latest science shows is needed to avoid the most catastrophic and unpredictable climate breakdown," said Murray Worthy, senior campaigner at Global Witness and the author of the report.



Write to Dieter Holger at [e-mail]; @dieterholger



(END) Dow Jones Newswires

April 24, 2019 06:16 ET (10:16 GMT)

[opodio] 21/2/2019 12:15

Be interesting when they warn again and fall under 500

[zangdook] 20/2/2019 11:21

I remember when they used to increase it every year.

[kenmitch] 19/2/2019 18:03

They said that today that they are confident about being able to maintain the dividend at current level.

[watfordhornet] 19/2/2019 17:54

Only concern is heavily weighted towards APAC. If China slows then HSBC suffers more than most. If the trade war between us and China expands hsbc cannot pick up the slack elsewhere.Too little cost control

[montyhedge] 19/2/2019 16:48

Yes, if they don't cut.

[pj fozzie] 19/2/2019 14:05

Dividend yield over 6%, increasing profit & revenue. Maybe missed analysts expectations, but this seems to me to be as good an income stock as you can get.

Seems an unwarranted dip to me, so I'm taking the opportunity to add to my holding.

Cheers,
PJ

[skinny] 19/2/2019 10:13

Goldman Sachs Neutral 636.20 815.00 780.00 Reiterates

Morgan Stanley Overweight 636.20 850.00 790.00 Reiterates

Shore Capital Hold 636.20 650.00 Reiterates

[warranty] 19/2/2019 09:49

Well the results seemed good on first reading but the jaws ratio looks disappointing overall so it's clear more work needed on efficiency savings since there doesn't appear to be any upward move in interest rates in the near term. Hopefully Flints changes will do that and a new quality Chairman might also improve sentiment. Still, at least the divi is held so decent income whilst we wait for the share price to rise.

[poikka] 19/2/2019 09:46

Below analysts expectations...probably says as much about analysts as it does HSBC.

Solid divi payer. Holding, I have enough.

[stewart64] 31/1/2019 20:14

I guess the pullback was about the Fed giving notice of weakening interest rate rise case. Sector wide but HSBC more severely hit than some.

Price action a puzzler to me given the $25 billion approx. profit for 2018 and large dividend in the pipeline. Bought some today at 641.

[togglebrush] 23/12/2018 11:44

FWIW Maximum Daily Trading Volume for 2018 was on FRIDAY 21st Dec
Fancy volume is this Window dressing before the New Year ???
'
By my stats from 1st Jan 2018
Max_______________67,255,372
Onein100 Day______58,853,373
Q3________________31,571,860
Median____________25,512,671