HSBC Holdings plc (LON:HSBA)

HSBC Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Interest Income on Loans	108,631	100,868	52,826	36,188	41,756
Total Interest Income	108,631	100,868	52,826	36,188	41,756
Interest Paid on Deposits	75,898	65,072	22,449	9,699	14,178
Net Interest Income	32,733	35,796	30,377	26,489	27,578
Net Interest Income Growth (YoY)	-8.56%	17.84%	14.68%	-3.95%	-9.47%
Income From Trading Activities	21,116	16,661	10,278	7,744	9,582
Gain (Loss) on Sale of Assets	-1,752	150	-2,316	-	-
Gain (Loss) on Sale of Investments	-	-3,000	-	-	653
Other Non-Interest Income	12,570	10,193	11,603	14,743	12,616
Total Non-Interest Income	31,934	24,004	19,565	22,487	22,851
Non-Interest Income Growth (YoY)	33.04%	22.69%	-12.99%	-1.59%	-10.86%
Revenues Before Loan Losses	64,667	59,800	49,942	48,976	50,429
Provision for Loan Losses	3,414	3,447	3,584	-928	8,817
Revenue	61,253	56,353	46,358	49,904	41,612
Revenue Growth (YoY)	8.70%	21.56%	-7.11%	19.93%	-21.99%
Salaries and Employee Benefits	17,936	17,698	17,579	18,236	17,614
Occupancy Expenses	1,845	1,640	2,149	2,261	2,681
Amortization of Goodwill & Intangibles	2,235	2,112	1,554	1,292	1,470
Selling, General & Administrative	11,027	10,905	11,272	12,098	11,577
Total Non-Interest Expense	30,131	29,548	29,831	30,841	31,745
EBT Excluding Unusual Items	31,122	26,805	16,527	19,063	9,867
Asset Writedown	-	-	-	-146	-1,049
Other Unusual Items	1,187	3,258	678	576	-
Pretax Income	32,309	30,348	17,058	18,906	8,777
Income Tax Expense	7,310	5,789	809	4,213	2,678
Earnings From Continuing Operations	24,999	24,559	16,249	14,693	6,099
Minority Interest in Earnings	-1,020	-1,026	-690	-776	-870
Net Income	23,979	23,533	15,559	13,917	5,229
Preferred Dividends & Other Adjustments	1,062	1,101	1,213	1,310	1,331
Net Income to Common	22,917	22,432	14,346	12,607	3,898
Net Income Growth	1.90%	51.25%	11.80%	166.15%	-29.18%
Basic Shares Outstanding	18,357	19,478	19,849	20,197	20,169
Diluted Shares Outstanding	18,485	19,600	19,986	20,302	20,242
Shares Change (YoY)	-5.69%	-1.93%	-1.56%	0.30%	0.04%
EPS (Basic)	1.25	1.15	0.72	0.62	0.19
EPS (Diluted)	1.24	1.14	0.72	0.62	0.19
EPS Growth	8.77%	58.33%	16.13%	226.32%	-35.83%
Dividend Per Share	0.660	0.610	0.320	0.250	0.150
Dividend Growth	8.20%	90.63%	28.00%	66.67%	-50.00%
Effective Tax Rate	22.63%	19.08%	4.74%	22.28%	30.51%

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