Want to see HSBC full AI Analyst Report?
Net Operating Income by Segment
Captures the income generated by each segment after operating expenses, offering a view into the efficiency and profitability of different business units.HSBC's Wealth & Personal Banking and Commercial Banking segments show robust growth, with notable income increases in 2023. The earnings call highlights strong profit growth and wealth segment expansion, supported by increased client activity. However, the Corporate Centre's income volatility, particularly the sharp decline in 2024, poses potential risks. Despite macroeconomic uncertainties and tariff impacts, HSBC's strategic focus on wealth growth and stable credit management underpins its resilience, as evidenced by a strong balance sheet and effective capital returns, including a $3 billion share buyback.
Date | Wealth & Personal Banking | Commercial Banking | Global Banking & Markets | Corporate Centre |
|---|---|---|---|---|
Dec 31, 2024 | $13.40B | $9.44B | $8.56B | -$5.29B |
Jun 30, 2024 | $13.94B | $10.32B | $8.73B | $3.34B |
Dec 31, 2023 | $10.52B | $9.29B | $7.42B | -$156.00M |
Jun 30, 2023 | $15.70B | $11.51B | $8.37B | -$44.00M |
Dec 31, 2022 | $12.88B | $7.43B | $7.16B | -$314.00M |
Jun 30, 2022 | $10.35B | $6.93B | $7.61B | -$292.00M |
Dec 31, 2021 | $10.95B | $6.82B | $7.05B | -$305.00M |
Jun 30, 2021 | $11.45B | $6.90B | $8.29B | -$129.00M |
Dec 31, 2020 | $10.11B | $5.08B | $7.03B | -$297.00M |
Jun 30, 2020 | $9.05B | $3.47B | $7.06B | $36.00M |