- Q1 2024 HSBC Holdings PLC Earnings Call TranscriptApr 30, 2024R$56.75 (+4.80%)Earnings
- HSBC Holdings PLC at Morgan Stanley European Financials Conference TranscriptMar 12, 2024
- Full Year 2023 HSBC Holdings PLC Fixed Income Earnings Presentation TranscriptFeb 21, 2024
- Full Year 2023 HSBC Holdings PLC Earnings Call TranscriptFeb 21, 2024R$46.05 (-8.81%)Earnings
- Q3 2023 HSBC Holdings PLC Earnings Call TranscriptOct 30, 2023R$45.45 (-1.15%)Earnings
- Half Year 2023 HSBC Holdings PLC Fixed Income Conference Call TranscriptSep 05, 2023
- Half Year 2023 HSBC Holdings PLC Earnings Call TranscriptAug 01, 2023R$50.28 (+2.61%)Earnings
- HSBC Holdings PLC Asia Seminar for Investors and Analysts - Day 3 TranscriptMay 18, 2023
- HSBC Holdings PLC Asia Seminar for Investors and Analysts - Day 1 TranscriptMay 15, 2023
- Q1 2023 HSBC Holdings PLC Earnings Call TranscriptMay 02, 2023R$46.72 (+3.82%)Earnings
- Full Year 2022 HSBC Holdings PLC Earnings Fixed-Income Call TranscriptFeb 21, 2023
- Full Year 2022 HSBC Holdings PLC Earnings Call TranscriptFeb 21, 2023R$48.27Earnings
- HSBC Holdings PLC at Goldman Sachs Carbonomics Conference TranscriptNov 29, 2022
- Half Year 2023 Mapletree Pan Asia Commercial Trust Earnings Call Hosted by HSBC TranscriptOct 28, 2022R$34.41 (-0.69%)Earnings
- Q3 2022 HSBC Holdings PLC Earnings Call TranscriptOct 25, 2022R$34.36 (-3.75%)Earnings
- HSBC Holdings PLC at Bank of America Banking & Insurance CEO Conference TranscriptSep 20, 2022
- HSBC Holdings PLC at Barclays Global Financial Services Conference TranscriptSep 12, 2022
- HDFC Bank Conference Call On Debt Capital Markets Hosted by HSBC TranscriptAug 11, 2022
- Half Year 2022 HSBC Holdings PLC Fixed Income Earnings Call TranscriptAug 02, 2022R$42.79 (-0.74%)Earnings
- Half Year 2022 HSBC Holdings PLC Earnings Call TranscriptAug 01, 2022R$43.11 (+6.60%)Earnings
- HSBC Holdings PLC Investor Seminar TranscriptJun 16, 2022
- Q1 2022 HSBC Holdings PLC Earnings Call TranscriptApr 26, 2022R$37.15 (-4.74%)Earnings
- HSBC Holdings PLC at Morgan Stanley European Financials Conference (Virtual) TranscriptMar 16, 2022
- Full Year 2021 HSBC Holdings PLC Fixed Income Earnings Call TranscriptFeb 22, 2022R$46.86 (-0.89%)Earnings
- Full Year 2021 HSBC Holdings PLC Earnings Call TranscriptFeb 22, 2022R$46.86 (-0.89%)Earnings
- Q3 2021 HSBC Holdings PLC Earnings Call TranscriptOct 25, 2021R$42.39 (-0.02%)Earnings
- HSBC Holdings PLC at Bank of America Financials CEO Virtual Conference TranscriptSep 22, 2021
- HSBC Holdings PLC at Barclays Financial Services Conference (Virtual) TranscriptSep 13, 2021
- Half Year 2021 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptAug 04, 2021R$36.37 (+0.36%)Earnings
- Half Year 2021 HSBC Holdings PLC Earnings Call TranscriptAug 02, 2021R$35.52 (-0.08%)Earnings
- HDFC Bank Ltd Conference Call Hosted By HSBC TranscriptJul 27, 2021
- HSBC Holdings PLC Annual Shareholders Meeting TranscriptMay 28, 2021
- Q1 2021 HSBC Holdings PLC Earnings Call TranscriptApr 27, 2021R$41.62 (+3.53%)Earnings
- HSBC Holdings PLC at Morgan Stanley Financials Conference (Virtual) TranscriptMar 16, 2021
- Full Year 2020 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptFeb 23, 2021R$40.84 (-1.09%)Earnings
- Full Year 2020 HSBC Holdings PLC Earnings Call TranscriptFeb 23, 2021R$40.84 (-1.09%)Earnings
- HSBC Holdings PLC ESG and Climate Update TranscriptNov 09, 2020
- Q3 2020 HSBC Holdings PLC Earnings Call TranscriptOct 27, 2020R$30.72 (+4.56%)Earnings
- HSBC Holdings PLC at Bank of America Merrill Lynch Financials CEO Conference (Virtual) TranscriptSep 24, 2020
- Half Year 2020 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptAug 03, 2020Earnings
- Half Year 2020 HSBC Holdings PLC Earnings Call TranscriptAug 03, 2020Earnings
- Q1 2020 HSBC Holdings PLC Earnings Call TranscriptApr 28, 2020Earnings
- Full Year 2019 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptFeb 18, 2020Earnings
- Full Year 2019 HSBC Holdings PLC Earnings Presentation TranscriptFeb 18, 2020
- Q3 2019 HSBC Holdings PLC Earnings Call TranscriptOct 28, 2019Earnings
- Half Year 2019 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptAug 05, 2019Earnings
- Half Year 2019 HSBC Holdings PLC Earnings Call TranscriptAug 05, 2019Earnings
- Q1 2019 HSBC Holdings PLC Earnings Call TranscriptMay 03, 2019Earnings
- HSBC Holdings PLC Annual Shareholders Meeting TranscriptApr 12, 2019
- Full Year 2018 HSBC Holdings PLC Fixed Income Analysts Earnings Call TranscriptFeb 25, 2019Earnings
- Full Year 2018 HSBC Holdings PLC Earnings Call TranscriptFeb 19, 2019Earnings
Half Year 2022 HSBC Holdings PLC Fixed Income Earnings Call Transcript
(technical difficulty)
Richard O'Connor, the Global Head of Investor Relations, who is actually in Hong Kong; and Greg Case, Head of Investor Relations, who is with me in London.
I'll start by mentioning a couple of highlights from the results. Then I'll do a quick update, as usual, of financial resources and then straight into Q&A. I will not be referring to any slides as I go through.
So 3 highlights from the results. First of all, 9.9% royalty for the half year, largely driven by higher NII and good cost control, more than offsetting higher ECL charge. Importantly, we are now expecting to improve our royalty to about 12% in 2023, which is well ahead of our cost of capital.
Second, in terms of balance sheet dynamics, $33 billion of adjusted loan growth in the half year, largely in mortgages and trade, alongside $24 billion growth in adjusted deposits. And lastly, on the results, credit quality remains quite good. ECL charge is equivalent to 21 basis points of gross loans for the half year. Stage 3 loans
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust.png)