Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


September 04, 2015 4:10 PM ET

Banks

Company Overview of HSBC Bank Canada

Company Overview

HSBC Bank Canada provides various financial products and services to individuals, small and medium-sized companies, and multi-national companies in Canada. The company’s Commercial Banking segment offers various financing products, including overdrafts, term loans, and leasing, as well as syndicated, leveraged, acquisition, and project finance; letters of credit, collections, and guarantees; receivables finance; supply chain solutions; risk distribution products; domestic and cross-border payments, collections, liquidity management, and account services; and capital raising, foreign exchange, and interest rate products. Its Global Banking and Markets segment provides various products and ser...

885 West Georgia Street

Vancouver, BC V6C 3E9

Canada

Founded in 1981

Phone:

604-685-1000

Fax:

604-641-3098

Key Executives for HSBC Bank Canada

Chief Executive Officer, President and Director
Chief Financial Officer
Senior Vice President, Head of Wealth Management, Chief Executive Officer of HSBC Trust Company and President of HSBC Securities Canada Inc
Age: 50
Chief Executive Officer of HSBC Canadian Direct Insurance Incorporated and President of HSBC Canadian Direct Insurance Incorporated
Chief Executive Officer of HSBC Global Asset Management
Compensation as of Fiscal Year 2015.

HSBC Bank Canada Key Developments

HSBC Bank Canada Declares Regular Quarterly Dividends on Preferred Shares, Payable on September 30, 2015

HSBC Bank Canada declared regular quarterly dividends of 31.875 cents per share on Class 1 Preferred Shares Series C and 31.25 cents per share on Class 1 Preferred Shares Series D. Dividends will be paid on September 30, 2015, for shareholders of record on September 15, 2015.

HSBC Bank Canada Reports Unaudited Consolidated Earnings Results for the Second Quarter and First Half Year Ended June 30, 2015

HSBC Bank Canada reported unaudited consolidated earnings results for the second quarter and first half year ended June 30, 2015. For the quarter, the company’s interest income was CAD 427 million compared to CAD 484 million a year ago. Net interest income was CAD 289 million compared to CAD 307 million a year ago. Total operating income was CAD 541 million compared to CAD 539 million a year ago. Net operating income was CAD 518 million compared to CAD 512 million a year ago. Operating profit was CAD 227 million compared to CAD 236 million a year ago. Profit before income tax expense was CAD 227 million compared to CAD 242 million a year ago. Profit attributable to common shareholders was CAD 161 million compared to CAD 172 million a year ago. Profit attributable to shareholders was CAD 166 million compared to CAD 180 million a year ago. Basic earnings per common share was CAD 0.32 compared to CAD 0.35 a year ago. Return on average common equity was 14.0% compared with 15.6% for the same periods in 2014. For the year to date, the company’s interest income was CAD 861 million compared to CAD 967 million a year ago. Net interest income was CAD 576 million compared to CAD 614 million a year ago. Total operating income was CAD 1,071 million compared to CAD 1,071 million a year ago. Net operating income was CAD 1,032 million compared to CAD 1,018 million a year ago. Operating profit was CAD 455 million compared to CAD 466 million a year ago. Profit before income tax expense was CAD 458 million compared to CAD 475 million a year ago. Profit attributable to common shareholders was CAD 324 million compared to CAD 332 million a year ago. Profit attributable to shareholders was CAD 333 million compared to CAD 349 million a year ago. Basic earnings per common share was CAD 0.65 compared to CAD 0.67 a year ago. Return on average common equity was 14.3% compared with 15.3% for the same periods in 2014.

HSBC Bank Canada Declares Dividend Preferred Shares, Payable on 30 June 2015

HSBC Bank Canada announced regular quarterly dividends of 31.875 cents per share have been declared on HSBC Bank Canada Class 1 Preferred Shares ­ Series C and 31.25 cents per share on Class 1 Preferred Shares ­ Series D. Dividends will be paid on 30 June 2015, for shareholders of record on 15 June 2015.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HSBC Bank Canada, please visit www.hsbc.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.