HSBC Holdings (00005) announced its third-quarter performance, with a net profit attributable to ordinary shareholders of the parent company of $4.873 billion, a decrease of 20.56% year-on-year. The dividend per share is $0.1.

HSBC HOLDINGS (00005) announced its third-quarter performance for 2025, with revenue of $17.788 billion, an increase of 5% year-on-year; profit attributable to ordinary shareholders of the parent company was $4.873 billion, a decrease of 20.56% year-on-year; basic earnings per share was $0.28, with a third interim dividend of $0.1 per share. For the period of January to September, net operating income was $51.91 billion, a decrease of 4.38% year-on-year; profit attributable to ordinary shareholders of the parent company was $16.383 billion, a decrease of 27.89% year-on-year; basic earnings per share were $0.93. The announcement stated that the growth in third-quarter revenue was supported by increased customer activity, with growth in fees and other revenues from the International Wealth Management, Premier Banking, and Hong Kong operations wealth management business. On the other hand, expenses and other revenues from the Global Markets and Debt and Equity businesses under the Corporate and Institutional Banking division reported a decline, as customer activity decreased in an environment of narrowing market volatility. The increase also reflects growth in the bank's net interest income. Excluding noteworthy items, fixed exchange rate revenues increased by $5 billion to $17.9 billion. The decrease in profit reflects an increase in operating expenses. Operating expenses were $10.1 billion, an increase of $1.9 billion from the third quarter of 2024, representing a 24% increase. This increase reflects noteworthy items, including a provision of $1.4 billion made for legal matters related to past events, including $1.1 billion related to progress in a claim associated with the Madoff securities fraud case in Luxembourg, and $3 billion related to past transactions with HSBC Bank plc. Noteworthy items also include a $2 billion increase related to restructuring costs and other related expenses associated with simplifying the organizational structure. Additionally, planned technology expenses and investments increased, and inflation also had an impact. Some of the increase was offset by the effects of the sale of the Argentina business and the benefits of restructuring activities. The target benchmark operating expenses were $8.4 billion, an increase of $0.3 billion from the third quarter of 2024, representing a 3% increase.