HSBC HOLDINGS announced its third-quarter results, with a profit attributable to ordinary shareholders of USD 4.873 billion, a year-on-year decrease of 20.56%. The dividend per share is USD 0.1
HSBC HOLDINGS announced its third-quarter results for 2025, with revenue of USD 17.788 billion, a year-on-year increase of 5%; profit attributable to ordinary shareholders of the parent company was USD 4.873 billion, a year-on-year decrease of 20.56%; and a dividend of USD 0.1 per share. The net operating income for January to September was USD 51.91 billion, a year-on-year decrease of 4.38%. The profit decline was mainly due to increased operating expenses, which amounted to USD 10.1 billion in the third quarter, an increase of 24% compared to the same period last year
According to the Zhitong Finance APP, HSBC Holdings (00005) announced its third-quarter results for 2025, with revenue of USD 17.788 billion, a year-on-year increase of 5%; profit attributable to ordinary shareholders of the parent company was USD 4.873 billion, a year-on-year decrease of 20.56%; basic earnings per share were USD 0.28, with a third interim dividend of USD 0.1 per share.
From January to September, net operating income was USD 51.91 billion, a year-on-year decrease of 4.38%; profit attributable to ordinary shareholders of the parent company was USD 16.383 billion, a year-on-year decrease of 27.89%; basic earnings per share were USD 0.93.
The announcement stated that the growth in third-quarter earnings was supported by increased customer activity, with growth in fees and other income from the international wealth management and premier wealth management segments, as well as the wealth management business in Hong Kong. On the other hand, the global foreign exchange business and debt and equity market business under the corporate and institutional banking segment reported declines in fees and other income due to reduced customer activity in a market environment with narrowed volatility. The increase also reflects growth in net interest income from banking operations. Excluding items requiring attention, fixed exchange rate income increased by USD 500 million to USD 17.9 billion.
The decrease in profit reflects an increase in operating expenses. Operating expenses were USD 10.1 billion, an increase of USD 1.9 billion compared to the third quarter of 2024, representing a growth of 24%. The increase reflects items requiring attention, including a legal provision of USD 1.4 billion set aside for past events, which includes USD 1.1 billion related to claims progress associated with a case in Luxembourg involving the Madoff Securities fraud, and USD 300 million related to certain past trading activities of HSBC Bank plc in the UK. Items requiring attention also include an increase of USD 200 million in restructuring and other related costs associated with simplifying the organizational structure. Additionally, planned expenditures and investments in technology have increased, and inflation has also had a related impact. Part of the increase was offset by the impact of the sale of the Argentine business and the benefits from restructuring activities. The target benchmark operating expenses were USD 8.4 billion, an increase of USD 300 million compared to the third quarter of 2024, representing a growth of 3%
