HSBC: Fourth Quarter Financial Overview

HSBC Reports Fourth Quarter Financial Results

HSBC Holdings PLC, headquartered in London, announced a net profit of $4.72 billion for the fourth quarter.

The company reported earnings of $1.40 per share, with adjusted earnings—excluding one-time expenses—reaching $1.85 per share.

During the quarter, HSBC generated $31.67 billion in total revenue. Revenue after deducting interest expenses stood at $16.36 billion, which fell short of analysts’ expectations.

For the full year, HSBC recorded a profit of $21.1 billion, or $6.05 per share, with annual revenue totaling $68.27 billion.

Financial data for this article was provided by Zacks Investment Research and compiled by Automated Insights.