HSBC first-half profit falls 26%, misses estimates

HSBC first-half profit falls 26%, misses estimates

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Published Wed, Jul 30, 2025 · 12:35 PM

[HONG KONG] HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as a US$2.1 billion impairment from its investment in Bank of Communications weighed.

Europe’s largest bank posted a pretax profit of US$15.8 billion for the first six months of this year, versus US$21.6 billion a year earlier.

The result compared with the US$16.5 billion average of broker estimates compiled by HSBC. REUTERS

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Liam Redmond

As an editor at Forbes Los Angeles, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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