Last checked at 18 Mar 2016 16:33
Profit/(loss) before tax and balance sheet data - North America
2015 | ||||||||||||||
| RetailBankingand WealthManagement$m |
| Commercial Banking $m |
| GlobalBanking andMarkets$m |
| Global PrivateBanking$m |
| Other $m |
| Inter- segment elimination44 $m |
| Total$m | |
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Net interest income | 2,188 |
| 1,365 |
| 771 |
| 206 |
| 31 |
| (29) |
| 4,532 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net fee income/(expense) | 499 |
| 539 |
| 876 |
| 117 |
| (13) |
| − |
| 2,018 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Trading income/(expense) excluding net interest income | 12 |
| 33 |
| 188 |
| 11 |
| (7) |
| − |
| 237 | |
Net interest income on trading activities | 7 |
| 1 |
| 271 |
| − |
| − |
| 29 |
| 308 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net trading income/(expense)40 | 19 |
| 34 |
| 459 |
| 11 |
| (7) |
| 29 |
| 545 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Changes in fair value of long-term debt issued and related derivatives | − |
| − |
| − |
| − |
| 181 |
| − |
| 181 | |
Net income from other financial instruments designated atfair value | − |
| − |
| − |
| − |
| − |
| − |
| − | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net expense from financial instruments designated at fair value | − |
| − |
| − |
| − |
| 181 |
| − |
| 181 | |
Gains less losses from financial investments | − |
| − |
| 189 |
| − |
| (42) |
| − |
| 147 | |
Dividend income | 16 |
| 12 |
| 19 |
| 4 |
| 6 |
| − |
| 57 | |
Net insurance premium income | − |
| − |
| − |
| − |
| − |
| − |
| − | |
Other operating income | (142) |
| 53 |
| 76 |
| (6) |
| 1,804 |
| (1,608) |
| 177 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Total operating income | 2,580 |
| 2,003 |
| 2,390 |
| 332 |
| 1,960 |
| (1,608) |
| 7,657 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Net insurance claims45 | − |
| − |
| − |
| − |
| − |
| − |
| − | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Net operating income1 | 2,580 |
| 2,003 |
| 2,390 |
| 332 |
| 1,960 |
| (1,608) |
| 7,657 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Loan impairment (charges)/recoveries and other credit risk provisions | (159) |
| (323) |
| (68) |
| 6 |
| − |
| − |
| (544) | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Net operating income | 2,421 |
| 1,680 |
| 2,322 |
| 338 |
| 1,960 |
| (1,608) |
| 7,113 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Total operating expenses | (3,066) |
| (1,109) |
| (1,729) |
| (279) |
| (1,926) |
| 1,608 |
| (6,501) | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Operating profit/(loss) | (645) |
| 571 |
| 593 |
| 59 |
| 34 |
| − |
| 612 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Share of profit in associatesand joint ventures | − |
| 2 |
| − |
| − |
| − |
| − |
| 2 | |
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Profit/(loss) before tax | (645) |
| 573 |
| 593 |
| 59 |
| 34 |
| − |
| 614 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| % |
| % |
| % |
| % |
| % |
|
|
| % | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Share of HSBC's profit before tax | (3.4) |
| 3.0 |
| 3.1 |
| 0.3 |
| 0.3 |
|
|
| 3.3 | |
Cost efficiency ratio | 118.8 |
| 55.4 |
| 72.3 |
| 84.0 |
| 98.3 |
|
|
| 84.9 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Balance sheet data30 |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| $m |
| $m |
| $m |
| $m |
| $m |
|
|
| $m | |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Loans and advances to customers (net) | 53,737 |
| 40,696 |
| 27,940 |
| 6,478 |
| − |
|
|
| 128,851 | |
Total assets | 62,127 |
| 47,009 |
| 282,201 |
| 8,629 |
| 14,489 |
| (20,495) |
| 393,960 | |
Customer accounts | 51,685 |
| 45,475 |
| 24,182 |
| 13,807 |
| 3 |
|
|
| 135,152 | |
2014 |
| ||||||||||||||
| RetailBankingand WealthManagement$m | Commercial Banking $m | GlobalBanking andMarkets$m | Global PrivateBanking$m | Other $m | Inter- segment elimination44 $m | Total$m | ||||||||
Profit/(loss) before tax | |||||||||||||||
Net interest income | 2,645 | 1,455 | 587 | 204 | 157 | (33) | 5,015 | ||||||||
| |||||||||||||||
Net fee income/(expense) | 497 | 572 | 775 | 130 | (34) | − | 1,940 | ||||||||
| |||||||||||||||
Trading income/(expense) excluding net interest income | (165) | 34 | 302 | 13 | 3 | − | 187 | ||||||||
Net interest income on trading activities | 7 | 1 | 183 | − | − | 33 | 224 | ||||||||
| |||||||||||||||
Net trading income/(expense)40 | (158) | 35 | 485 | 13 | 3 | 33 | 411 | ||||||||
| |||||||||||||||
Changes in fair value of long-term debt issued and related derivatives | − | − | − | − | (99) | − | (99) | ||||||||
Net income from other financial instruments designated atfair value | − | − | − | − | − | − | − | ||||||||
| |||||||||||||||
Net expense from financial instruments designated at fair value | − | − | − | − | (99) | − | (99) | ||||||||
Gains less losses from financial investments | − | 15 | 237 | − | 5 | − | 257 | ||||||||
Dividend income | 13 | 8 | 16 | 3 | 4 | − | 44 | ||||||||
Net insurance premium income | − | − | − | − | − | − | − | ||||||||
Other operating income | 268 | 61 | 101 | 1 | 1,872 | (1,719) | 584 | ||||||||
Total operating income | 3,265 | 2,146 | 2,201 | 351 | 1,908 | (1,719) | 8,152 | ||||||||
Net insurance claims45 | − | − | − | − | − | − | − | ||||||||
Net operating income1 | 3,265 | 2,146 | 2,201 | 351 | 1,908 | (1,719) | 8,152 | ||||||||
Loan impairment (charges)/recoveries and other credit risk provisions | (117) | (148) | (63) | 8 | (2) | − | (322) | ||||||||
| |||||||||||||||
Net operating income | 3,148 | 1,998 | 2,138 | 359 | 1,906 | (1,719) | 7,830 | ||||||||
Total operating expenses | (2,516) | (1,101) | (2,250) | (274) | (2,007) | 1,719 | (6,429) | ||||||||
Operating profit/(loss) | 632 | 897 | (112) | 85 | (101) | − | 1,401 | ||||||||
Share of profit in associatesand joint ventures | − | 16 | − | − | − | − | 16 | ||||||||
Profit/(loss) before tax | 632 | 913 | (112) | 85 | (101) | − | 1,417 | ||||||||
| |||||||||||||||
| % | % | % | % | % | % | |||||||||
| |||||||||||||||
Share of HSBC's profit before tax | 3.4 | 4.9 | (0.6) | 0.5 | (0.5) | 7.6 | |||||||||
Cost efficiency ratio | 77.1 | 51.3 | 102.2 | 78.1 | 105.2 | 78.9 | |||||||||
| |||||||||||||||
Balance sheet data30 | |||||||||||||||
| $m | $m | $m | $m | $m | $m | |||||||||
Loans and advances to customers (net) | 60,365 | 41,966 | 21,110 | 6,346 | - | 129,787 | |||||||||
Total assets | 74,680 | 48,411 | 319,819 | 8,386 | 16,823 | (31,260) | 436,859 | ||||||||
Customer accounts | 51,258 | 45,275 | 30,301 | 12,050 | - | 138,884 | |||||||||
For footnotes, see page 99.