July newsletter
Our Interim Results
Get ready for your $0.10 per share dividend for 2Q25 – approved this week as part of our half-year performance update.
We also intend to initiate a share buyback of up to $3bn, as we continue to return capital to you, our shareholders. We expect to complete the share buyback by our 3Q 2025 results announcement.
Our Interim Results, announced on Wednesday, show that we performed strongly in the first half of 2025, with revenue growing in each of our four businesses – Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking.
For the half-year ended 30 June, profit before tax was $15.8bn and revenue was $34.1bn. Excluding notable items, profit before tax and revenue increased by 5% and 6% respectively.
Annualised return on average tangible equity was 14.7%, or 18.2% excluding notable items.
“We’re making positive progress in becoming a simple, more agile, focused organisation built on our core strengths,” Group CEO Georges Elhedery said.
“In the first half, we continued to execute our strategy with discipline and each of our four businesses sustained momentum in their earnings, with each growing revenue. This gives us confidence in our ability to deliver our targets.
“We continue to navigate this period of economic uncertainty and market volatility from a position of strength, putting the changing needs of our customers at the heart of everything we do.”
Find out more in our Interim Results quick read.
We’ve won two World’s Best Bank awards
We’ve been named the World’s Best Bank for Large Corporates and for Public-Sector Clients in the Euromoney Awards for Excellence 2025.
In total, we topped 41 categories in this year’s awards, including winning the UK’s Best Bank for Corporates and Hong Kong’s Best Bank.
The award wins reflect the breadth and strength of our international network.
This is demonstrated by us being named, among others, Asia’s Best Bank for Large Corporates and for Securities Services, the Middle East’s Best Investment Bank and China’s Best International Bank.
Euromoney stated that we won the World’s Best Bank for Large Corporates award as we “delivered on all fronts”, highlighting how we’ve created “a simplified and integrated approach to corporate and institutional banking”.
“Our role is to be the leading global corporate institution – for companies that need a bank with reach, resilience and reliability,” said Michael Roberts, CEO of HSBC Bank plc and CEO of Corporate and Institutional Banking (CIB).
“That means supporting clients not just with products, but with the full force of our network, insights and people. We’ve built CIB to deliver that in an agile and global way.”
When it comes to Public-Sector Clients, the judges recognised our “ability to execute landmark transactions that not only raised capital but also advanced policy objectives such as sustainability, digitalisation and social inclusion”.
We’ve been named Hong Kong’s Best Bank for a record 26th time, with judges stating that we continue to play a “pivotal role in strengthening Hong Kong’s position as Asia’s leading financial and innovation hub”.
Explore our full list of Euromoney awards.
We’re driving for success with LIV Golf
We’ve agreed a multi-year partnership with LIV Golf to become the professional golf league’s international banking partner.
The partnership will span the entirety of the 14-event global season, which includes eight of our strategic markets – Hong Kong and the UK among them.
We’ll also support the league’s ‘Potential, Unleashed’ community partnerships strategy, opening up opportunities for next generation golfers, as well as financial literacy initiatives.
“HSBC’s global footprint and ongoing presence in professional tournaments align perfectly with our mission to build the game for the next era of players and fans,” said Scott O’Neil, LIV Golf CEO.
Barry O’Byrne, our CEO of International Wealth and Premier Banking, added: “We have more than two decades of legacy in golf and we can’t wait to bring another level of excitement to our clients and sport fans.
“We’re looking forward to working with LIV Golf to continue to attract new audiences to watch and play the game.”
We’ll also become the presenting partner of the ‘9 to Play’ broadcast segment, reaching a potential 800 million households in 120+ markets.
Our 23-year legacy of support for golf includes some of the world’s most iconic tournaments, including the UK’s historic The Open and the HSBC Women’s World Championship, held in Singapore.
Read more about our sports partnerships.
60 years of HSBC Scholarships
Our scholarship programme has been supporting future leaders in Hong Kong for 60 years.
Since 1965, we’ve supported more than 7,500 innovators and changemakers in the city to pursue their dreams.
From social workers and entrepreneurs to artists and athletes, our scholars come from different walks of life – but they share the same pride about how the bank has empowered them to grow.
This month, at the annual HSBC Scholars Day, we invited around 200 new HSBC scholarship beneficiaries, as well as distinguished alumni, to our Hong Kong headquarters to mark this occasion and share their individual journeys.
Peter Wong, Chairman of The Hongkong and Shanghai Banking Corporation Limited and The Hongkong Bank Foundation, highlighted our commitment to investing in the next generation.
“Hong Kong is a home market for HSBC, and we want to ensure there is a future-ready talent pool for the city. Seeing our amazingly diverse alumni make lasting contributions to the wellbeing of the wider community over time is the real payback. It is how we will keep Hong Kong thriving as a welcoming, international city,” he said.