From Nasdaq: 2025-02-19 00:15:44

HSBC Holdings Plc reported a fourth-quarter profit of $2.3 billion, up $1.3 billion from last year, despite a revenue drop of 11% to $11.6 billion due to foreign currency losses. In fiscal 2024, profit before tax grew to $32.31 billion, with earnings per share at $1.24. The bank projects banking net interest income of $42 billion in 2025, targeting a 3% growth in operating expenses. For more earnings news, visit rttnews.com.



Read more at Nasdaq: HSBC Q4 Profit Climbs, Revenues Down; Sees Weak Banking Net Interest Income In FY25