HSBC profit falls but shares gain on outlook for stronger returns and stable dividends
HSBC Holdings, the largest banking group in Europe and Hong Kong by assets, on Wednesday reported a 7 per cent decline in annual profit, but outlined stronger return goals and a sustainable dividend policy as it looked ahead to 2026 and beyond, with shares rising after the results in a show of investor confidence. Pre-tax profit in 2025 dropped to US$29.9 billion from US$32.3 billion a year earlier, or US$1.21 per share, the lender said in a filing to the Hong Kong stock exchange. The result was...
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