《大行報告》摩通:渣打(02888.HK)增長展望改善 維持「增持」評級
摩根大通發表研究報告,指渣打集團(02888.HK)第三季業績表現強勁,撥備前利潤和收入都高於集團預期,包括淨利息收入高於預期2%,成本符合預期,帶動撥備前利潤高過市場預期8%。信貸減值年化率維持低企在14點子,而第三季沒有顯著回撥,因此稅前盈利大致符預期。該行預期,隨著2023年趨向加息,渣打增長展望見改善,料全球利率每增加50點子,其每股盈利可上升12%。
該行指,渣打核心一級資本充足率在14.6%,對比市場預期為14.3%。管理層預期第四季將會有更多資本行動,該行料為股份回購,同時仍在就競購花旗亞洲零售資產進行談判。基於集團收入及成本指引不變,市場對渣打今年盈利預測變化有限,該行認為其估值吸引,維持其「增持」評級,目標價看68元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.