HSBC Holdings’ pre-tax profit for 2025 is $29.9 billion, suspends stock buybacks
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Glonghui, February 25th|HSBC Holdings announced its 2025 results, with revenue reaching $68.3 billion, an increase of $2.4 billion or 4% compared to 2024; net interest income was $34.8 billion, an increase of $2.1 billion compared to 2024. Reported basis profit before tax decreased by $2.4 billion to $29.9 billion, mainly due to a net adverse impact of $4.9 billion from notable items year-on-year. The Common Equity Tier 1 (CET1) capital ratio remained at 14.9%. The Board has approved a fourth interim dividend of $0.45 per share, bringing the total dividend per share for 2025 to $0.75. For 2026, based on current expectations for policy rates, HSBC expects net interest income from banking operations to reach at least $45 billion. The bank intends to maintain its medium-term target range for the CET1 capital ratio at 14% to 14.5%. In addition, the bank expects to restore the CET1 capital ratio to within the target range through capital generation from its own business, and will not initiate any further share buybacks until the CET1 capital ratio returns to or exceeds the target range.
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