HSBC Holdings PLC (CHIX:HSBAl)
£ 7.209 0.039 (0.54%) Market Cap: 130.80 Bil Enterprise Value: 23.73 Bil PE Ratio: 7.56 PB Ratio: 0.90 GF Score: 63/100

Q3 2021 HSBC Holdings PLC Earnings Call Transcript

Oct 25, 2021 / 06:30AM GMT
Release Date Price: £4.42 (+1.41%)
Operator

Good morning, ladies and gentlemen, and welcome to the investor and analyst conference call for HSBC Holdings plc's earnings release for 3Q 2021. For your information, this conference is being recorded.

At this time, I will hand the call over to your host, Mr. Noel Quinn, Group Chief Executive.

Noel P. Quinn
HSBC Holdings plc - Group CEO, Member of the Group Management Board & Executive Director

Thank you. Good morning or afternoon, wherever you are. Ewen is going to take the bulk of the call today, and he will do that in the future Q1 and Q3 announcements.

For today, though, let me start by saying that I'm really pleased with our third quarter performance. We've had a strong quarter of profit generation across all regions, supported by another quarter of net ECL releases. But most pleasing is the underlying revenue growth we're now seeing across the business. We feel that we're turning the corner on revenue after absorbing interest rate impacts over the last few quarters. We've got strong fee growth in all businesses. In Global Banking

Already have an account? Log in
Get the full story
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...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot