HSBC Earnings Reports

HSBC's Q4 2024 results showed revenue of $11.6 billion, a decrease of 8% year-over-year, with EPS at $0.01. Excluding notable items, EPS was $0.29. Net income was $197 million, operating income was $2.3 billion, and pre-tax profit excluding notable items grew by 10% year-over-year. The bank's financials were impacted by a $5.2 billion foreign currency translation loss related to its Argentina business disposal.