HSBC Reports 13% Revenue Drop in Q1 2025, Despite 11% Rise in Adjusted Profit
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HSBC Holdings plc reported a 13% revenue drop in Q1 2025, with revenue at $17.6 billion compared to $20.4 billion last year. However, adjusted profit before tax rose by 11% to $9.8 billion, and earnings per share increased by $0.05 to $0.39. Profit attributable to shareholders fell by 32% to $6.9 billion. Customer loans rose slightly to $945 billion, while deposits decreased by 1% to $1,666 billion. The bank announced a $0.10 dividend per share and plans a $3 billion share buyback.
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