Financial Performance & Targets - Barclays achieved a Statutory RoTE of 12.3% in Q2 2025 and 13.2% in H1 2025 [5], and is aiming for >12% in 2026 [5, 8] - The total payout for H1 2025 was £1.4 billion, a 21% increase compared to H1 2024 [5] - The company targets income of approximately £30 billion for 2026 [6], with Group NII excluding Investment Bank and Head Office exceeding £12.5 billion in 2025 [6] - Barclays UK NII is expected to be greater than £7.6 billion in 2025 [6] - The cost: income ratio was 59% in Q2 2025 and 58% in H1 2025, with a target in the high 50s% for 2026 [6] Capital & Risk Management - The CET1 ratio stood at 14.0% in Q2 2025 [5], within the target range of 13-14% [5] - The Loan Loss Rate (LLR) was 44bps in Q2 2025 and 52bps in H1 2025, maintaining a through-the-cycle guidance of 50-60bps [6, 13] - The company plans approximately £14 billion in MREL issuance for 2025, with approximately £10 billion already issued year-to-date [27, 55] Liquidity & Funding - The average LCR was 178% in Q2 2025 [29] - The average NSFR was 136% in Q2 2025 [29] - The liquidity pool totals £334 billion, with 70% held in cash (£235 billion) [33] - The diverse and stable deposit base amounts to £565 billion, with H1 2025 deposit balances increasing by £4 billion [35] US Consumer Bank (USCB) - USCB average FICO score is 757 in Q2 2025 [72]

Core Viewpoint - HSBC Holdings reported a significant decline in pre-tax profit for Q1 2025, primarily due to falling revenues and increased expected credit losses [1][2]. Financial Performance - Pre-tax profit for Q1 2025 was $9.48 billion, a decrease of 25% from the same quarter last year [1]. - Total revenues fell to $17.65 billion, down 15% year over year, mainly due to lower net interest income and other operating income [2]. - Operating expenses slightly decreased to $8.1 billion [2]. - Expected credit losses (ECL) amounted to $876 million, reflecting a year-over-year increase of 21.7% [2]. Capital Ratios - The common equity tier 1 (CET1) ratio as of March 31, 2025, was 14.7%, down from 15.2% a year earlier [2]. - The leverage ratio decreased to 5.4% from 5.7% in the prior-year quarter [2]. Business Line Performance - The Hong Kong Business segment reported a pre-tax profit of $2.54 billion, up 9.8% year over year, driven by increased total revenues [3]. - The UK Business segment's pre-tax profit was $1.55 billion, down 6.3% from the previous year, impacted by higher ECL charges and increased expenses [3]. - Corporate and Institutional Banking saw a pre-tax profit of $3.52 billion, an increase of 10.9% year over year, attributed to higher total revenues and lower ECL charges [4]. - International Wealth and Premier Banking reported a pre-tax profit of $1.19 billion, which declined marginally due to higher ECL charges [4]. - The Corporate Centre segment's pre-tax profit fell to $682 million from $4.2 billion in the year-ago quarter [4]. Outlook - HSBC's strong capital position, higher interest rates, global network, and business simplification initiatives are expected to support its financials, despite concerns over higher expenses and subdued revenues due to weak loan demand [5].