Financial Performance - HSBC's 1H25 revenue reached $34.1 billion, or $35.4 billion excluding notable items, showing a year-over-year increase of 6%[5] - The company's 1H25 profit before tax (PBT) was $15.8 billion, or $18.9 billion excluding notable items, up 5% year-over-year[5] - HSBC announced a share buyback program of up to $3 billion[6, 31] - The company's RoTE excl notable items was 18.2% YTD annualised, an increase of 1.2 percentage points year-over-year[6, 30] - HSBC's revenue excluding notable items for 2Q25 was $17.7 billion, a 5% year-over-year increase[5, 30] Balance Sheet and Capital - HSBC has a strong deposit base of $1.7 trillion, with a quarter-over-quarter increase of $15 billion or 1% (including held-for-sale balances)[13] - The CET1 ratio stood at 14.6%[29, 31] - Customer loans reached $992 billion, with 95% rated strong, good, or satisfactory[13] Strategic Initiatives and Outlook - HSBC is targeting ~$1.5 billion in cost saves by the end of 2026[14] - The company is aiming for a mid-teens RoTE for 2025, 2026, and 2027, excluding notable items[12, 24] - HSBC is reiterating its FY25 Banking NII guidance of approximately $42 billion[9]