November 7, 2016 / 4:17 AM / 10 months ago

BRIEF-HSBC says qtrly reported profit before tax $843 mln

Nov 7 (Reuters) - HSBC Holdings PLC

* at sep-end crd iv end point cet1 ratio 13.9%, up from 12.1% at 30 june 2016

* adjusted profit before tax in 3q16 of $5.6bn, up 7%

* adjusted revenue in 3q16 of $12.8 billion, up $0.3 billion

* adjusted pbt of $16.7bln in 9m16, down 6%

* qtrly reported pbt of $843m.

* share buy-back programme is now 59% complete and expect to finish in late 2016 or early 2017

* "are now more than 80% of way to achieving our rwa reduction target."

* Hsbc holdings plc says adjusted profits were higher than last year's q3 in all four global businesses and four out of five regions

* mexico business remains on track to meet its profitability targets

* Hsbc holdings plc says global banking and markets had strong adjusted revenue growth in quarter

* co has now achieved $2.8 billion of annualised cost savings and are on track to achieve 2017 cost-saving target as well

* Board has adopted a policy of paying quarterly interim dividends on ordinary shares Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below