Value202020212022202320242025TTMSelling/general/admin expenses11.12 B11.59 B11.09 B10.38 B10.5 B11.96 B—Research & development———————Operating income7.18 B15.86 B14.8 B30.54 B29.4 B28 B—Non-Operating Income, Total———————Interest expense, net of interest capitalized———————Non-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income8.78 B18.91 B17.53 B30.35 B32.31 B29.91 B—Equity in earnings———————Taxes2.68 B4.21 B858 M5.79 B7.31 B6.78 B—Non-controlling/minority interest870 M776 M635 M1.03 B1.02 B846 M—After tax other income/expense———————Net income before discontinued operations6.1 B14.69 B16.67 B24.56 B25 B23.13 B—Discontinued operations———————Net income6.1 B14.69 B16.67 B24.56 B25 B23.13 B—Dilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders———————Basic earnings per share (Basic EPS)———————Diluted earnings per share (Diluted EPS)———————Average basic shares outstanding———————Diluted shares outstanding———————EBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)———————
HSBC Holdings, plc
HSBC Holdings plc is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$3.098 trillion as of September 2024. This also puts it as the 7th largest bank in the world by total assets behind Bank of America, and the 3rd largest non-state owned bank in the world.
HSBC traces its origins to a hong trading house in British Hong Kong. The bank was established in 1865 in Hong Kong and opened branches in Shanghai in the same year. It was formally incorporated in 1866 as the Hongkong and Shanghai Banking Corporation. In 1991, the current parent company, HSBC Holdings plc, was established in London and the historic Hong Kong–based bank from which the group took its name became that entity's wholly owned subsidiary. The following year, HSBC took over Midland Bank, becoming one of the largest domestic banks in the United Kingdom.