HSBC Q1 2025 profits

The largest results of the lender in Europe HSBC on Tuesday won estimates against the backdrop of wealth work as well as force in its institutional and institutional banking sector.

The bank has also announced the re -purchase of shares of up to $ 3 billion, which it intends to complete before announcing its temporary results for 2025.

Here are the results of HSBC in the first quarter of 2025 compared to unanimity estimates The bank collected.

• Profit before taxes: 9.48 billion dollars for 7.83 billion dollars
• profit: 17.65 billion dollars for 16.67 billion dollars

The bank’s profit fell 25 % before the tax on an annual basis, while revenues decreased by 15 % from last year. Pre -tax profit, approximately 317 % of the previous quarter increased.

“Our strong results this quarter show momentum in our profits, and the discipline in implementing our strategy and our confidence in our ability to provide our goals,” said George Ediri, CEO of HSBC.

However, the bank has warned of the increasing uncertainty in the climate of the macroeconomic economy, highlighting that protective commercial policies had negatively affecting consumer and commercial morale.

“Although uncertainty about global trade, HSBC restructuring should continue to make positive effects on costs,” said Mane Lu, a DBS stock research analyst.

There may be some opposite winds of customs tariffs and concerns about global recession, but the effect will be more prominent in the following seasons.

The profits do not reflect the full impact of US President Donald Trump’s definitions, with the announcement of “mutual” fees in April. However, the tariff on steel, aluminum and cars has been in place since March.

He added if the investors should monitor whether the bank would reduce its guidance to move forward because of the uncertainty in the customs tariff. She said: “What is the size of the effect that will depend on how Asian countries target for the 90 -day allowance.”

Mourningstar’s stock analyst, Michael Majorstar, said the additional re -purchase of $ 3 billion than the number expected $ 2 billion. The bank’s results were also better than expected.

ELHEDEY was among the four CEOs of UK banks who urged the treasury adviser to cancel the rules of the country’s elastic fencing, Sky News mentioned. Episode Square The bank’s banking isolates the bank consumers from its most dangerous investment banking activities.

Last OctoberHSBC has announced the restructuring plan to divide its operations into four sections, and create the sectors of “Eastern Markets” and “Western Markets” separate. HSBC said that reorganization will bring $ 300 million in cost discounts this year.

However, it is expected that garbage and other primary costs of $ 1.8 billion in 2025 and 2026.