Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BNP Paribas: HSBC HOLDINGS Reports Strong Results, Raises Guidance w/ Better-than-expected Synergies for Privatization of Hang Seng Bank
Recommend 11 Positive 22 Negative 18 |
||||
|
||||
|
HSBC HOLDINGS (00005.HK) announced its 4Q25 results at noon, which comprehensively beat market expectations, BNP Paribas published a research report saying. The Group's 4Q25 net interest income was 6% higher than expected, driving total revenue/ pre-provision profit to exceed expectations by 3%/ 7% (excluding special items). Regarding the privatization of Hang Seng Bank, HSBC HOLDINGS' guidance indicates a total benefit of US$900 million, including US$500 million in synergies (US$300 million in costs) and US$400 million in potential additional gains. The restructuring cost is US$600 million, slightly above market consensus. HSBC HOLDINGS' broader guidance updates also show a positive outlook, BNP Paribas noted. HSBC HOLDINGS revised its RoTE target for 2026-2028 to '17% or higher,' surpassing the previous mid-teens guidance, and ahead of market consensus. The Company expected revenue to grow annually from 2026 to 2028, reaching a 5% increase in 2028. Therefore, BNP Paribas rated HSBC HOLDINGS' shares listed in London at Outperform, with a target price of GBP14.15 (approx. $149.65) as its sector top pick. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
