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HSBC Q2 Pre-Tax Earnings Dip on Higher ECL, $3B Buyback Plan Unveiled
ZACKS· 2025-07-30 13:35
Key Takeaways HSBC's Q2 pre-tax profit fell 29% year over year to $6.33B due to higher credit losses and expenses.Q2 ECL surged to $1.07B, mainly tied to Hong Kong real estate sector challenges.HSBC announced a $3B share buyback and returned $9.5B to shareholders in dividends and repurchases in H1.HSBC Holdings (HSBC) reported second-quarter 2025 pre-tax profit of $6.33 billion, which declined 29% from the prior-year quarter.Shares of HSBC slide more than 2.5% in pre-market trading as quarterly performance ...