financetom
Business
financetom
/
Business
/
Correction: HSBC Holdings H1 Adjusted Earnings Rise, Revenue Decreases; Initiates $3 Billion Share Buy-Back Plan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Correction: HSBC Holdings H1 Adjusted Earnings Rise, Revenue Decreases; Initiates $3 Billion Share Buy-Back Plan
Jul 30, 2025 6:19 AM

08:56 AM EDT, 07/30/2025 (MT Newswires) -- (Corrects the revenue change in the second paragraph.)

HSBC Holdings ( HSBC ) reported H1 adjusted earnings Wednesday of $0.78 per share, up from $0.68 a year earlier.

Revenue for the six months ended June 30 was $34.12 billion, down from $37.29 billion a year earlier.

Analysts estimates for revenue weren't available.

HSBC ( HSBC ) maintained an interim dividend of $0.10 per share.

The bank said it intends to initiate a share buy-back of up to $3 billion.

HSBC ( HSBC ) shares were down 2.6% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Aeva Technologies Achieves Information Security Management Certification
Aeva Technologies Achieves Information Security Management Certification
Aug 5, 2024
11:46 AM EDT, 08/05/2024 (MT Newswires) -- Aeva Technologies ( AEVA/WS ) said Monday it has achieved certification to ISO/IEC 27001:2022, which requires companies to develop, implement and maintain a robust compliant information security management system. The company's information security management framework covers the design and development of 4D lidar sensors, along with overseeing 92 controls across four domains, it...
Biotech firm drops defamation suit against short-sellers after researcher charged
Biotech firm drops defamation suit against short-sellers after researcher charged
Aug 5, 2024
NEW YORK, Aug 5 (Reuters) - Cassava Sciences ( SAVA ) ended its defamation lawsuit against four short sellers who expressed doubts about its experimental Alzheimer's drug after a medical professor whose research underpinned the treatment was charged with fraud. The biotechnology company sued in 2022 after the short sellers, who were also scientists who investigated Cassava's statements about its...
Walmart Q2 Results to Reflect Resilience Amid Deteriorating Consumer Trends, UBS Says
Walmart Q2 Results to Reflect Resilience Amid Deteriorating Consumer Trends, UBS Says
Aug 5, 2024
11:47 AM EDT, 08/05/2024 (MT Newswires) -- Walmart's ( WMT ) Q2 results will highlight the company's resilience amid deteriorating consumer trends and showcase its ability to sustain growth and control its destiny, UBS Securities said in an earnings preview on Monday. The retail giant likely continued gaining market share in the US in Q2, driven by traffic and unit...
--FactSet Research Systems Keeps Quarterly Dividend at $1.04 a Share, Payable Sept. 19 to Shareholders of Record Aug. 30
--FactSet Research Systems Keeps Quarterly Dividend at $1.04 a Share, Payable Sept. 19 to Shareholders of Record Aug. 30
Aug 5, 2024
11:48 AM EDT, 08/05/2024 (MT Newswires) -- Price: 407.72, Change: -6.84, Percent Change: -1.65 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved