HSBC Finance Corp
DelistedCIK 354964fmd_1FAZ03NJP04X817Y57MEMRY82JFinance, Insurance and Real Estate · Personal Credit InstitutionsTemplate: Financials
Coverage: Jan 01, 2009 to Sep 30, 2017, 31 periods
| Line item | FY2009 | FY2010 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Net premiums earned | 334 | 274 | 246 | – | – | – | – | – |
| Net interest income | – | 2,036 | 1,776 | 1,646 | 1,068 | 868 | 703 | – |
| Provision for credit losses | 7,904 | 5,346 | 4,418 | 2,224 | (21) | (365) | 250 | 621 |
| Losses and loss adjustment expenses | 197 | 152 | 155 | – | – | – | – | – |
| Net interest income after provision | – | (3,310) | (2,642) | (578) | 1,089 | 1,233 | 453 | – |
| Compensation and benefits | 663 | 234 | 158 | 183 | 229 | 197 | 196 | 158 |
| Non-interest expense | 2,198 | 1,176 | 1,255 | 1,114 | 932 | 688 | 1,409 | 1,095 |
| Operating income | – | 2,520 | 1,916 | (473) | 1,949 | 1,094 | 794 | – |
| Interest expense | 3,613 | 2,905 | 2,346 | 1,777 | 1,370 | 1,058 | 895 | 512 |
| Income before taxes | (8,784) | (4,002) | (3,757) | (3,811) | 1,038 | 771 | (865) | (814) |
| Income tax expense | (2,867) | (1,453) | (1,431) | (1,406) | 325 | 224 | (471) | (258) |
| Net income from continuing operations | (5,917) | (2,549) | (2,326) | (2,405) | 713 | 547 | (394) | (556) |
| Net income | (7,450) | (1,916) | (1,408) | (845) | 536 | 523 | (431) | (529) |