HSBC full year profit drops to 29.9 billion dollars but exceeds analyst expectations

Europe's largest bank reported a pretax profit of 29.9 billion dollars for the past year. While lower than the 2024 results, the figure beat market estimates.

洞察:
HSBC Holdings plc reported a 7.4 percent decline in full-year pretax profit to $29.9 billion, down from $32.3 billion a year earlier. The result beat the $28.9 billion average of broker estimates, making the announced full-year earnings materially relevant to assessments of the bank's financial performance.
FILE PHOTO: The HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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