Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001654954-25-004763
Chunk: 23

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 23
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 |
| -  Other2                                           |            28 |          12 |          20 |             8 | 40 |                    |
| -  Commercial Banking                               |           305 |         255 |         288 |            17 |  6 | -                  |
| -  Wholesale Transaction Banking                    |           176 |         179 |         168 |             8 |  5 | -                  |
| -  Credit and Lending                               |            27 |          18 |          25 |             2 |  8 | -                  |
| -  Other2                                           |           102 |          58 |          95 |             7 |  7 | -                  |
| Revenue excluding notable items                     |         4,006 |       3,817 |       3,686 |           320 |  9 | -                  |
| Notable items                                       |             - |           - |           - |             - |  - | -                  |
| Revenue                                             |         4,006 |       3,817 |       3,686 |           320 |  9 | -                  |
| RoTE (annualised) (%)                               |          37.3 |             |        38.0 |               |    |                    |

1 For a description of how we derive banking NII, see page 13 . In the Hong Kong business, there are no adjustments to net interest income to derive banking NII.

2 Includes revenue from Markets Treasury. It also includes other non-product specific income and notional tax credits.

3 Impact of strategic transactions classified as material notable items. For further details, see 'Strategic transactions supplementary analysis' on page 26 .

| Notable items                                      | Quarter ended 
   31 Mar 2025 | 31 Dec 2024 | 31 Mar 2024 |
|:---------------------------------------------------|--------------:|:------------|:------------|
|                                                    |            $m | $m          | $m          |
| Operating expenses                                 |               |             |             |
| Restructuring and other related costs              |            -7 | -           | -           |
| Currency translation on operating expenses notable 
 items                                              |             - | -           | -           |

1Q25 compared with 1Q24

Profit before tax of $2.5bn was $0.2bn or 10% higher than in 1Q24 on a constant currency