HSBC Q4 Pre-Tax Earnings Increase Y/Y on Higher Revenues, Lower ECL

Key Takeaways HSBC reported Q4 pre-tax profit of $6.80B, driven by 41.5% y/y revenue growth and lower ECL charges.HSBC saw profit growth in Hong Kong, UK, CIB and Wealth units, while losses narrowed at Corporate Centre.HSBC expects at least $45B in 2026 NII and targets 17% or more RoTE through 2028.HSBC Holdings (HSBC) reported fourth-quarter 2025 pre-tax profit of $6.80 billion, which increased significantly from the prior-year quarter.Results were primarily driven by an increase in revenues, and lower exp ...