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大行评级 | 花旗:重申对恒生(0011.HK)买入评级 目标价179港元
格隆汇 02-18 15:48
格隆汇2月18日丨花旗研报指,恒生(0011.HK)2019下半年的税前盈利129亿元(港元.下同),较该行及市场预期为少;收入录211亿元,亦低过预期。业绩中主要的负面因素还包括,下半年的净利息收益率为2.19%,差过市场预期;贷款损失率为28个基点,较市场预期的22个基点为高。正面因素方面,公司下半年贷款增长按年增长7.9%,略高于市场预期;2019财年的每股派息为8.2元,按年增长9%,超出市场预期,派息比率64%。然而,长期投资者应关注公司的稳定性及派息收益率不断提高,重申其“买入”投资评级,目标价179港元。该股现报164港元,跌幅0.3%,最新总市值3135.42亿港元。
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