Strong Financial Performance
Profit before tax increased by 11%, with an annualized return on tangible equity of 18.4%, excluding notable items.
Wealth Management Growth
Fifth consecutive quarter of double-digit growth in wealth, with $22 billion in net new invested assets and 300,000 new-to-bank customers in Hong Kong.
Shareholder Returns
Announced an up to $3 billion share buyback and a $0.10 per share interim dividend, reflecting ongoing capital returns to investors.
Transaction Banking Success
Strong performance in FX and equities trading, benefiting from higher volatility and increased client activity.
Resilience and Confidence
Despite an uncertain macroeconomic environment, the bank reaffirmed its confidence in achieving mid-teens return on tangible equity for 2025, 2026, and 2027.