Investor Presentaiton
HSBC Group
Key messages
1st half 2018
Reported PBT
(1H17: $10.2bn)
$10.7bn 5% t
Adjusted PBT
(1H17: $12.4bn)
$12.1bn 2%
RoE3
(1H17: 8.8%)
8.7%
2Q18 key messages
1
Reported PBT of $6.0bn, 13% higher than 2Q17: $6.1bn adjusted PBT, in line with 2Q17
2
0.1ppt
3
Reported ROTE³
(1H17: 9.9%)
9.7%
0.2ppt
4
A/D ratio
(1H17: 70.1%)
71.8% 1.7ppt
CET1 ratio4
(1H17: 14.7%)
14.2%
0.5ppt
Total adjusted revenue increased $0.2bn to $13.7bn vs. 2Q17; good business momentum with
revenue up $0.9bn or 7% in all four global businesses; Corporate Centre down $0.6bn
Adjusted operating costs of $8.1bn were $0.6bn or 7% higher than 2Q17, reflecting increased
investment in growth and technology; in line with 1Q18 and guidance
$26bn or 3% lending growth compared with 1Q18 and $43bn or 5% compared with 1.1.18 (on a
constant currency basis)
5
Strong capital base with a common equity tier 1 ratio of 14.2%
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