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Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. The bank also announced a share buyback of $3 billion.
It reported profit before tax for the three months ended June of $6.3 billion, down 29% from a year ago.
Here are HSBC’s second-quarter 2025 results compared with consensus estimates compiled by the bank.
Operating expenses rose by 10% compared to the same period a year ago, and were largely owed to restructuring and other related costs as well as from increased spending and investment in technology, the bank said.
