HSBC posts Q4 net income of $4.72B as FY profit declines to $21.1B

HSBC Holdings (NYSE:HSBC) on Wednesday reported net income attributable to shareholders of $4.72 billion for its fourth quarter ended December 31, 2025.

The London-based bank said it had earnings of $1.40 per share.

When adjusted for non-recurring costs and other items, earnings came to $1.85 per share.

Revenue for the period totaled $31.67 billion, while net revenue — revenue net of interest expense — stood at $16.36 billion, which fell short of Street forecasts.

For the full year 2025, HSBC reported profit attributable to shareholders of $21.1 billion, or $6.05 per share, down from the prior year's level.

Revenue for the year was $68.27 billion.

The results reflect a mix of factors, including growth in wealth and certain Asia-focused businesses offset by higher operating expenses, restructuring costs, and a net adverse impact from notable items across the year.

Profit before tax for 2025 declined to $29.91 billion from $32.31 billion in 2024, though underlying performance excluding notable items showed improvement in some metrics.

Meanwhile, HSBC's board approved a fourth interim dividend of $0.45 per share, bringing the total dividend for 2025 to $0.75 per share, a 20% increase from the previous year.