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HSBC Holdings ( (GB:HSBA) ) has issued an announcement.
HSBC reported first-quarter 2026 profit before tax of $9.4bn, slightly down year-on-year due to higher credit impairment charges, notable disposal-related losses, and rising operating expenses, despite a 6% rise in revenue to $18.6bn. Strong growth in wealth fees and banking net interest income lifted returns, with annualised RoTE reaching 17.3% (18.7% excluding notable items), while the bank increased lending, modestly grew deposits on a constant-currency basis, maintained a solid 14.0% CET1 ratio after the Hang Seng Bank privatisation impact, and declared a first interim dividend of $0.10 per share.
More about HSBC Holdings
HSBC Holdings plc is a global banking and financial services group headquartered in London, with a significant presence in Asia, particularly Hong Kong. The group operates across retail and commercial banking, wealth and personal banking, and corporate and institutional banking, focusing on international connectivity, wealth management, and trade finance for individuals, companies, and institutions worldwide.
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