Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts' estimates. For the full year, HSBC reported revenue of $65.85 billion, down from $66.

HSBC reported a 6.6% rise in annual profit on Wednesday, beating market expectations, as income withstood the impact of falling interest rates during a year in which sweeping restructuring pushed up costs.

HSBC HSBA1.91%increase; green up pointing triangle Holdings reported a quarterly net profit, supported by higher fee income, and said it plans to start a share buyback of up to $2.0 billion. The London-based bank said Wednesday that it booked net profit of ...

The London-based bank reported profit before tax for 2024 of $32.3 billion. That compared with $30.3 billion a year earlier and the $31.7 billion average of analyst estimates compiled by the bank. The Asia-focused bank also announced a new $2 billion share buyback which it plans to complete before next earnings in May.

HSBC said it will repurchase up to $2 billion in shares, expected to be completed by the end of their first quarter of 2025. These are the lender's first full-year results with Ge