bearish

HSBC Holdings

HSBC - Tax Income Grossly Distorts

244 Views01 Aug 2022 19:36
HSBC's net interest income delta hardly shows up at the bottom line, due in part to the negative delta in credit costs. Net profit is grossly distorted upward by negative tax expenses, e.g, income.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Rising
Daniel Tabbush
Research and consultancy
Tabbush Report
FinancialsEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x