HSBC full-year profit falls 7.4% but beats estimates
FILE PHOTO: HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
HONG KONG, Feb 25 : HSBC Holdings reported a 7.4 per cent decline in full-year pretax profit on Wednesday.
After an unusually strong 2024, Europe's largest bank posted a pretax profit of $29.9 billion last year, versus $32.3 billion a year earlier.
That compares with the $28.9 billion average of broker estimates compiled by HSBC.
Source: Reuters
