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.

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!

That may prove to be a very wise decision skinny (or not)! ;o)

Bugger!

Below a fiver - yes or no?

And bugger again!

No excuse at all' for owning HSBC shares

Jonathan Sibun, 20:46, Friday 11 November 2011

Investors have "no excuse" for owning the shares of HSBC (LSE: HSBA.L - news) and would be better off owning no bank shares at all, according to a leading City analyst.

Ian Gordon of Evolution Securities took a punchy line in a note on HSBC sent to the broker's client yesterday as he recommended they sell any holdings in Britain's largest bank by market capitalisation.

"Never mind the so-called safe haven arguments. There is absolutely no excuse for owning the shares at all," said Mr Gordon.

He argued the bank was unlikely to meet its low-end 2013 return on equity target of 12pc and would also most likely miss a cost efficiency target too.

"The upside risk is relative underperformance, while the downside risk is absolute decline. So why own HSBC when you can just own no banks at all?" said Mr Gordon.

HSBC on Wednesday reported a year-on-year doubling in third quarter profits to $7.2bn (4.5bn). However, once a $4bn accounting gain booked on the bank's own debt was stripped out underlying profits for the three months to the end of September were actually $3bn, down $1.6bn compared to the same period in 2010.

The bank is currently in the process of cutting 30,000 jobs as it attempts to reduce costs. This week the bank began making redundant several hundred staff in its investment banking arm.

Shares in the bank closed up 1.3pc at 503.3p, valuing the bank at 89.9bn

HK&Shanghai Banking Corp FY2011 Results

· Net operating income before loan impairment charges and other credit risk provisions up 12% to HK$147,170m (HK$131,566m in 2010).


· Pre-tax profit up 17% to HK$91,370m (HK$77,885m in 2010).


· Attributable profit up 17% to HK$67,591m (HK$57,597m in 2010).


· Return on average shareholders' equity of 21.6% (21.1% in 2010).


· Assets up 11% to HK$5,607bn (HK$5,040bn at 31 December 2010).


· Capital adequacy ratio of 14.6%; core capital ratio of 12.4%. (Capital adequacy ratio of 14.7%; core capital ratio of 11.7% at 31 December 2010).


· Cost efficiency ratio of 46.1% (45.8% for 2010).



HSBC Bank Canada 2011 Results

FOURTH QUARTER 2011 RESULTSW

· Profit attributable to common shareholders was C$118m for the quarter ended 31 December 2011, an increase of 22.9% over the same period in 2010.

· Profit attributable to common shareholders was C$633m for the year ended 31 December 2011, an increase of 19.2% over the same period in 2010.

· Return on average common equity was 11.8% for the quarter ended 31 December 2011 and 17.0% for the year ended 31 December 2011 compared with 10.8% and 15.5% respectively for the same periods in 2010.

· The cost efficiency ratio was 58.4% for the quarter ended 31 December 2011 and 54.0% for the year ended 31 December 2011 compared with 56.7% and 52.5% respectively for the same periods in 2010.

· Total assets were C$80.0bn at 31 December 2011 compared with C$78.0bn at 31 December 2010.

· Total assets under administration decreased to C$27.4bn at 31 December 2011 from C$32.8bn at 31 December 2010.

· Tier 1 capital ratio of 13.4% and a total capital ratio of 16.0% at 31 December 2011 compared to 13.3% and 16.0% respectively at 31 December 2010.WW

W Results are based on the unaudited financial statements for the period, prepared in accordance with International Financial Reporting Standards ('IFRS'), which the bank adopted on 1 January 2011. All comparative figures, which were previously reported under Canadian generally accepted accounting principles, have been restated to conform with IFRS. For full details of the bank's adoption of IFRS, reference should be made to the bank's audited consolidated financial statements for 2011 which will be published in March 2012. Reference may also be made to the First Quarter 2011 Interim Report issued in May 2011.

The abbreviations 'C$m' and 'C$bn' represent millions and billions of Canadian dollars, respectively.

WW Calculated using guidelines issued by the Office of the Superintendent of Financial Institutions ('OSFI') in accordance with Basel II capital adequacy framework. Risk-weighted assets and ratios at 31 December 2010 have not been restated for the impact of the adoption of IFRS on 1 January 2011.