《大行報告》瑞銀:匯控(00005.HK)上季收入理想 關注短期收入動力
瑞銀發表報告表示,匯豐控股(00005.HK)公布去年第四季業績,經調整除稅前盈利22.1億美元,高於市場同業原預期23%,收入較原預期高出3%(淨利息收入升6%、非利息收入跌1%),撥備前溢利較預期高3%,信貸撥備支出低原預期17%。
該行指,匯控更新了有形股本回報率目標為逾10%,中期普通股一級比率目標14%至14.5%,集團計劃逐步將目標派付比率設定在列賬基準每股普通股盈利的40%至55%之間,但短期內不進行股份回購。
瑞銀表示,相信市場會關注匯控管理層對短期業務收入動力的闡述,關注中期有形股本回報率目標等,維持對其「中性」評級及目標價330便士(約36.04港元)。
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