HSBC first-half profit falls 26%, misses estimates
Published Wed, Jul 30, 2025 · 12:35 PM
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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