Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBCs international network comprises over 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Companby has listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

            Red = 25 day moving average.           Green = 200 day moving average.

Interim Management Statement

HSBC INTERIM MANAGEMENT STATEMENT




Profitability for the first nine months of 2009 was stronger than our expectations at the start of the year, as positive trends experienced in the first half continued into the third quarter. As a result, year to date pre-tax profit was ahead of the comparable period in 2008 on an underlying basis, excluding movements in fair value on our own debt related to credit spreads. On the same basis, pre-tax profit for the third quarter of 2009 ('Q3 2009') was significantly ahead of Q3 2008. On a reported basis, HSBC's performance in Q3 2009 was lower than in Q3 2008, largely due to fair value movements on our own debt caused by tightening credit spreads.




Building on its exceptional first-half results, Global Banking and Markets maintained its record performance for the year to date. In the US consumer finance run-off portfolio, loan impairment allowances declined in the quarter, representing the first quarterly fall since the start of 2006. In emerging markets, revenues in Personal Financial Services and Commercial Banking held up well and, with the exception of the Middle East, loan impairment charges were notably lower than in the preceding quarter as economic conditions improved. Tight cost control also ensured that total costs for the year to date compared favourably with 2008.




The Group's tier 1 ratio increased to 10.3 per cent, and the core equity tier 1 capital ratio strengthened to 9.0 per cent. HSBC maintained its strong liquidity position, with its published advances-to-deposits ratio remaining under 80 per cent. On 2 November, the Board declared a third interim dividend of US$0.08 per ordinary share, with a value of approximately US$1.4 billion, bringing total dividends in respect of the first nine months to US$4.2 billion. Capital generation comfortably exceeded dividends in each quarter.

+9p

+22 - just closed a long HSBA and short BARC :-)

4.5% ...by march2010 hope to reach 8.25

Daubai started investing again.
Should have no problem paying debt, IMO, just playing with the bear.

2 Banks to Buy, 2 to Sell and 1 to Hold. I bumped into this. Published on Monday

http://uk-analyst.com/shop/page-article/action-article.show/id-130003327

FINAL RESULTS

Underlying performance significantly ahead



Underlying pre-tax profit up US$4.7 billion or 56 per cent to US$13.3 billion, after excluding the goodwill impairment in North America in 2008.

On a reported basis, pre-tax profit down 24 per cent to US$7.1 billion.

Reported profit attributable to shareholders up 2 per cent to US$5.8 billion.

Positive jaws, with revenues up 8 per cent, costs down 4 per cent, and cost efficiency ratio 47.5 per cent on an underlying basis, after excluding the goodwill impairment in North America in 2008.

Dividends in respect of 2009 totalled US$5.9 billion, or US$0.34 per ordinary share, with a fourth interim dividend for 2009 declared of US$0.10 per ordinary share.

One of leading dividend payers in financial services. HSBC has declared dividends in respect of last three years totalling more than US$24 billion.

Earnings per share down 17 per cent to US$0.34 (2008: US$0.41).

only US$0.10 dividend oh crazy

Dividends in respect of 2009 totalled US$5.9 billion, or US$0.34 per ordinary share, with a fourth interim dividend for 2009 declared of US$0.10 per ordinary share.

eventhough it is so bad

Underlying pre-tax profit up US$4.7 billion or 56 per cent to US$13.3 billion, after excluding the goodwill impairment in North America in 2008.

On a reported basis, pre-tax profit down 24 per cent to US$7.1 billion.

Reported profit attributable to shareholders up 2 per cent to US$5.8 billion.

Positive jaws, with revenues up 8 per cent, costs down 4 per cent, and cost efficiency ratio 47.5 per cent on an underlying basis, after excluding the goodwill impairment in North America in 2008.

thx Ahoj for the details hopefully HSBC will report better report next quarter and share price break gbp8.00 again.

Interim Management Statement.

HSBC Holdings plc (HSBC) will be conducting a trading update conference call with analysts and investors today to coincide with the release of its Interim Management Statement and the third quarter results of its principal operations in the United States ('US'), HSBC Finance Corporation and HSBC Bank USA Inc., whose formal SEC 10-Qs will be available at Investor Relations on www.hsbc.com shortly after 08.15 GMT (in London). The trading update call will take place at 12.00 GMT (in London), and details for participating in the call and live audio webcast can be found at Investor Relations on www.hsbc.com and at the end of this statement.

Market outlook: HSBC, Pearson, ITV, GKN

http://www.whatinvestment.co.uk/trading/markets/news/1605403/market-outlook-hsbc-pearson-itv-gkn.thtml

Blue Chip Bulletin: HSBC dividend up but targets cut

http://www.whatinvestment.co.uk/trading/share-dealing/uk-companies/1605433/blue-chip-bulletin-hsbc-dividend-up-but-targets-cut.thtml

Interim management Statement.

Sitting @6 - waiting for 5.

Firmly through 6 this morning.

Interim Results.

Attributable profit up 16% to HK$8,057m (HK$6,964m for the first half of 2010; up 1% compared with HK$7,953m for the second half of 2010).


Profit before tax up 15% to HK$9,320m (HK$8,103m for the first half of 2010; up 1% compared with HK$9,242m for the second half of 2010).


Operating profit up 6% to HK$7,129m (HK$6,697m for the first half of 2010; down 4% compared with HK$7,388m for the second half of 2010).


Operating profit excluding loan impairment charges and other credit risk provisions up 6% to HK$7,287m (HK$6,850m for the first half of 2010; down 4% compared with HK$7,625m for the second half of 2010).


Return on average shareholders' funds of 22.7% (22.8% for the first half of 2010; 23.5% for the second half of 2010).


Earnings per share up 16% to HK$4.21 per share (HK$3.64 per share for the first half of 2010).


Second interim dividend of HK$1.10 per share; total dividends of HK$2.20 per share for the first half of 2011 (HK$2.20 per share for the first half of 2010).


Capital adequacy ratio of 13.8% (13.6% at 31 December 2010); core capital ratio of 11.0% (10.8% at 31 December 2010).


Cost efficiency ratio of 34.6% (33.8% for the first half of 2010 and 33.6% for the second half of 2010).

Well I got my 5 - but didn't bite!