HSBC Reports 13% Revenue Drop in Q1 2025, Despite 11% Rise in Adjusted Profit
HSBC Holdings plc reported a 13% revenue drop in Q1 2025, with revenue at $17.6 billion compared to $20.4 billion last year. However, adjusted profit before tax rose by 11% to $9.8 billion, and earnings per share increased by $0.05 to $0.39. Profit attributable to shareholders fell by 32% to $6.9 billion. Customer loans rose slightly to $945 billion, while deposits decreased by 1% to $1,666 billion. The bank announced a $0.10 dividend per share and plans a $3 billion share buyback.
HSBC Holdings plc reported its financial results for the first quarter of 2025, highlighting a revenue decrease to $17.6 billion from $20.4 billion in the same period of the previous year, marking a 13% decline. Despite this, profit before tax excluding notable items increased by 11% year-over-year to $9.8 billion. The company’s earnings per share, excluding material notable items, rose by $0.05 to $0.39. The profit attributable to ordinary shareholders fell by 32% to $6.9 billion. HSBC’s customer loans slightly increased to $945 billion, while customer deposits decreased by 1% to $1,666 billion. The bank continues to focus on organizational simplification and cost-saving initiatives, remaining on track for a 3% cost growth guidance for the full year 2025. The company also announced a dividend per share of $0.10 and plans for a share buyback of up to $3 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HSBC Holdings plc published the original content used to generate this news brief on April 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
