Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001089113-25-000046
Chunk: 15

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 15
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39 |        0.01 |        0.54 |
| Diluted earnings per share                                                                                                                            |          0.39 |        0.01 |        0.54 |
| Dividend per ordinary share (paid in the period)                                                                                                      |             — |        0.10 |           — |
|                                                                                                                                                       |             % |           % |           % |
| Return on average ordinary shareholders’ equity (annualised)                                                                                          |          16.6 |         0.5 |        24.0 |
| Return on average tangible equity (annualised)                                                                                                        |          17.9 |         0.5 |        26.1 |
| Cost efficiency ratio                                                                                                                                 |          45.9 |        74.4 |        39.3 |

1 Amount in 1Q25 includes a $117m mark-to-market gain (4Q24: $114m gain) on interest rate hedging of the portfolio of retained loans post sale of our retail banking operations in France and a $92m mark-to-market loss (4Q24: $39m gain) on Grupo Financiero Galicia‘s (‘Galicia‘) American Depositary Receipts (‘ADRs‘) received as purchase consideration from the sale of our business in Argentina. Amount in 1Q24 includes a $255m gain on the foreign exchange hedging of the proceeds from the sale of our banking business in Canada. 2 Includes amounts from ‘Other operating income‘ relating to the execution of all sales of business operations. In 4Q24, a $5.2bn loss on the recycling of foreign currency translation reserve losses and other reserves arising on the sale of our business in Argentina, was recognised. In 1Q24, a gain of $4.6bn inclusive of the recycling of $0.6bn in foreign currency translation reserve losses and $0.4bn of other reserves losses but excluding the $255m gain on the foreign exchange hedging (see footnote above) on the sale of our banking business in Canada, and an impairment loss of $1.1bn relating to the sale of our business in Argentina, was recognised. 3 Net operating income before change in expected credit losses and other credit impairment charges, also referred to as revenue.

| HSBC Holdings plcEarnings Release 1Q25 on Form 6-K | 9 |

Distribution of results by business segment and legal entity

| Distribution of results by