Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001089113-25-000056
Chunk: 13

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 13
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 by these reviews.

| HSBC Holdings plc Earnings Release 3Q25 on Form 6-K |
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During the fourth quarter of 2025, we expect to recognise certain key impacts from strategic transactions that will be classified as material notable items and are excluded for the purpose of computing our dividend payout ratio. These impacts include an estimated $1.5bn loss on the recycling of the cumulative fair value changes recognised through other comprehensive income to the income statement on completion of the sale of our French retained portfolio of home and certain other loans, which has no incremental impact on CET1 capital. In addition, we expect to recognise an estimated $0.3bn loss on the reclassification as held for sale of our Malta business, an estimated $0.1bn loss on the recycling of reserves associated with our French life insurance business on completion, an estimated $0.1bn gain on the sale of our German private banking business, which completed on 3 October 2025, and an estimated $0.1bn gain on completion of the sale of our Bahrain retail banking business. Ñ For further details on business disposals, see page 16 . Our disciplined approach to capital allocation allows us to drive investment into priority growth areas. This includes further enhancing our Wholesale Transaction Banking capabilities, expanding our international businesses and building our Wealth business, particularly in Asia. We also aim to continue to grow in our home markets in Hong Kong and the UK, focusing on small and medium-size enterprises, digital capabilities and improving our product proposition. Transaction banking continued to perform well as we leverage our network and capabilities to capture opportunities from changing trade and capital flows. In 9M25, fee and other income in Wholesale Transaction Banking performed strongly with growth of 4% compared with 9M24, particularly from growth in Global Foreign Exchange. Wealth invested assets as at 30 September 2025, across all of our business segments, were $1.5tn, an increase of 13% compared with the same period last year. Within this we have attracted net new invested assets of $73bn in the first nine months of 2025, with $42bn booked in Asia. This compared with net new invested assets in 9M24 of $59bn, with $49bn booked in Asia.

Financial summary Key financial metrics

|                                                                                                                                                             | Nine months ended 
       30 Sep 2025 | 30 Sep 2024 | Quarter ended 
   30 Sep 2025 | 30 Jun