HSBC Q1 2025 Earnings
Department of HSBC Bank on January 15, 2024, United Kingdom. HSBC Bank PLC is an English multinational banking and financial services organization. The International Network of HSBCs consists of 7,500 offices in 7,500 offices in more than 80 countries around the world. (Photos in Mike Kemp / Images)
Mike Kemp | In the pictures | Getty pictures
The results of the first quarter of Europe, the first quarter of the first quarter, result in the power of the strong performance of their wealth, as well as in the corporate and institutional banking segment.
The bank also announced the purchase of up to $ 3 billion, which intended to complete before the announcement of 2025.
Here are the results of the first quarter of the first quarter of the HSBC compared to consensus calculations of the 2025 compiled by the bank.
- Earn before tax: $ 9.48 billion and $ 7.83 billion
- Income: $ 17.65 billion and $ 16.67 billion
Before the bank’s tax earned earlier, it decreased by 25%, while the income has fallen by 15% since last year.
However, the profit increased by about 317% from the previous quarter.
“Our strongest results show discipline in our earnings, in the implementation of our discipline, our customers’ financial power position in this period with our expected customers,” said Group Georges Elhultyy.
Stressing that the bank, macroecognical climates, the protectionary trade policy has a negative impact on consumer and business feelings, the Bank warned the macroeconomic climate.
October of last yearHSBC has announced the plan to divide the operations into four sections, to create a separate “oriental markets” and Western markets. HSBC said to bring reset $ 300 million cost reduction this year.
The bank said that the organization again cost $ 1.8 billion in 2025 and 2026 on Tuesday.
“Despite the uncertainties in global trade, the reconstruction of the HSBC must continue to bring positive impacts to the cost of expenses,” he said.
There may be some headlines from the concerns in the tariff and global recession, but the following will be seen more in the following quarter.
Gains do not reflect the full impact of the US President Donald Trump tariffs and the “mutual” detention of the “mutual” in April. However, the tariffs of steel, aluminum and auto in place since March.
HSBC CEO Georges Elhedery was one of the CEO of the United Kingdom, which recently called on the country to push the Call-Sword fencing. Blue News reported. The action was reported to be aimed at increasing the economy of England.
Ringshop The consumer banking of a bank involves isolation of risky investment banking activities.
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