HSBC's Financial Performance in Q1 2025

HSBC Holdings plc revealed a significant 15% decline in revenues, totaling $17.6 billion for the first quarter of 2025, compared to the previous year. This downturn reflects the challenging global economic landscape.

Profit and Shareholder Returns

The bank's pre-tax profit saw a reduction of $3.2 billion, settling at $9.5 billion, with post-tax profits also falling by $3.3 billion to $7.6 billion. Despite these challenges, HSBC announced a robust share buy-back program of up to $3 billion and an interim dividend of $0.10 per share, signaling confidence in its long-term strategy.

Economic Challenges Ahead

"The current macroeconomic environment is fraught with uncertainty, particularly due to protectionist trade policies. These factors have introduced volatility in economic forecasts and financial markets, negatively affecting both consumer and business sentiment," the bank stated, highlighting the external pressures impacting its performance.