HSBC Holdings plc (HKG: 0005)

HSBC Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	109,341	100,868	52,826	36,188	41,756	54,695
Total Interest Income	109,341	100,868	52,826	36,188	41,756	54,695
Interest Paid on Deposits	76,509	65,072	22,449	9,699	14,178	24,233
Net Interest Income	32,832	35,796	30,377	26,489	27,578	30,462
Net Interest Income Growth (YoY)	-10.04%	17.84%	14.68%	-3.95%	-9.47%	-0.09%
Income From Trading Activities	16,661	16,661	10,278	7,744	9,582	10,231
Gain (Loss) on Sale of Assets	150	150	-2,316	-	-	-
Gain (Loss) on Sale of Investments	-3,000	-3,000	-	-	653	335
Other Non-Interest Income	14,410	10,193	11,603	14,743	12,616	15,070
Total Non-Interest Income	28,221	24,004	19,565	22,487	22,851	25,636
Non-Interest Income Growth (YoY)	-7.25%	22.69%	-12.99%	-1.59%	-10.86%	10.07%
Revenues Before Loan Losses	61,053	59,800	49,942	48,976	50,429	56,098
Provision for Loan Losses	3,083	3,447	3,584	-928	8,817	2,756
Revenue	57,970	56,353	46,358	49,904	41,612	53,342
Revenue Growth (YoY)	-8.10%	21.56%	-7.11%	19.93%	-21.99%	2.56%
Salaries and Employee Benefits	18,011	17,698	17,579	18,236	17,614	17,451
Occupancy Expenses	1,640	1,640	2,149	2,261	2,681	2,100
Amortization of Goodwill & Intangibles	2,112	2,112	1,554	1,292	1,470	1,070
Selling, General & Administrative	10,905	10,905	11,272	12,098	11,577	14,379
Total Non-Interest Expense	30,103	29,548	29,831	30,841	31,745	32,646
EBT Excluding Unusual Items	27,867	26,805	16,527	19,063	9,867	20,696
Asset Writedown	-	-	-	-146	-1,049	-
Other Unusual Items	3,258	3,258	678	576	-	-
Pretax Income	31,009	30,348	17,058	18,906	8,777	13,347
Income Tax Expense	6,373	5,789	809	4,213	2,678	4,639
Earnings From Continuing Operations	24,636	24,559	16,249	14,693	6,099	8,708
Minority Interest in Earnings	-1,036	-1,026	-690	-776	-870	-1,325
Net Income	23,600	23,533	15,559	13,917	5,229	7,383
Preferred Dividends & Other Adjustments	1,033	1,101	1,213	1,310	1,331	1,414
Net Income to Common	22,567	22,432	14,346	12,607	3,898	5,969
Net Income Growth	-15.90%	51.25%	11.80%	166.15%	-29.18%	-46.22%
Basic Shares Outstanding	18,651	19,478	19,849	20,197	20,169	20,158
Diluted Shares Outstanding	18,709	19,600	19,986	20,302	20,242	20,233
Shares Change (YoY)	-5.95%	-1.93%	-1.56%	0.30%	0.04%	1.25%
EPS (Basic)	1.21	1.15	0.72	0.62	0.19	0.30
EPS (Diluted)	1.20	1.14	0.72	0.62	0.19	0.30
EPS Growth	-11.50%	58.33%	16.13%	226.32%	-35.83%	-53.00%
Dividend Per Share	0.610	0.610	0.320	0.250	0.150	0.300
Dividend Growth	15.09%	90.63%	28.00%	66.67%	-50.00%	-41.18%
Effective Tax Rate	20.55%	19.08%	4.74%	22.28%	30.51%	34.76%

Source: S&P Capital IQ. Banks template. Financial Sources.