HSBC HOLDINGS PLC HSBC Holdings plc 2Q22 Results
Presentation to Investors and Analysts
Introductory remarks
Mark Tucker
Group Chairman
Strategic progress
Noel Quinn
Group Chief Executive
Strategy | 2Q22 results | Summary | Appendix |
Our purpose and strategy:
International at the heart of our purpose and ambition
Our purpose | Opening up a worldof opportunity |
Our ambition | To be the preferred international financial partner for our clients | |
Our values | We value difference | We succeed together | We take responsibility | We get it done | |
Our strategy | Focus on our strengths | Digitise at scale | Energise for growth | Transition to net zero | ||||
3
Strategy | 2Q22 results | Summary | Appendix |
Summary
Strong 2Q22 results with reported revenue of $12.8bn, up $0.2bn (2%), and adjusted revenue of $13.1bn, up $1.4bn (12%) vs. 2Q21; reported PBT of $5.0bn, down $0.1bn (1%), adjusted PBT of $6.0bn, up $0.7bn (13%) vs. 2Q21
Our strategy has started to deliver results as we accelerate towards the growth phase
We are increasing our returns target to a RoTE1 of 12%+ from FY23 onwards2
Payout ratio expected to be c.50% for FY23 and FY24; reinstating quarterly dividends3 from 2023; dividend per share will reflect materially higher expected returns
A reconciliation of reported results to adjusted results can be found on slide 34, the remainder of the presentation unless otherwise stated, is presented on an adjusted basis | |
Figures throughout this presentation may be subject to rounding adjustments and therefore may not sum precisely to totals given in charts, tables or commentary | 4 |
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HSBC Holdings plc published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 04:13:06 UTC.
