Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 16

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 16
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ises customer centricity and high performance. As part of this, we have launched a bank-wide leadership programme designed to make culture an enabler of our ambition and strategy. Thank you Finally, I want to thank my valued colleagues around the world, whose talent and drive enable us to make a difference daily for our customers. I also want to thank our customers for their partnership and trust. Looking ahead, with firm foundations in place, clarity in our strategy, discipline in our execution and dynamism in our culture, momentum continues to build. We are confident in our ability to deliver against our targets, including a mid-teens RoTE, excluding notable items, for 2025, 2026 and 2027. We are working towards achieving our ambition of becoming the most trusted bank globally, putting customers at the heart of everything we do. By doing this, we remain focused on generating strategic growth and delivering attractive returns for you, our shareholders. Georges Elhedery Group CEO 30 July 2025

| HSBC Holdings plc Interim Report 2025 on Form 6-K |
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| Overview |     | Interim management report |     | Interim condensed consolidatedfinancial statements |     | Additional information |

Financial overview Group financial targets Return on average tangible equity excluding notable items (annualised) ø 18.2 % (1H24: 17.0% ) In 1H25, RoTE (annualised) was 14.7% , a decrease of 6.7 percentage points from 1H24. For the purposes of measuring performance against our Group target, we adjust RoTE to exclude notable items. RoTE excluding notable items (annualised) was 18.2% , an increase of 1.2 percentage points compared with 1H24. Ñ See pages 18 and 39 for further detail on RoTE excluding notable items. Ñ See page 18 for further details on notable items. Target basis operating expenses ø $16.2bn (1H24: $15.8bn ) In 1H25, operating expenses of $17.0bn increased by $0.7bn or 4% , on a reported basis. In 1H25, target basis operating expenses grew by 3% compared with 1H24. This primarily reflected higher spend and investment in technology and inflationary pressures. Our target basis operating expenses exclude the direct cost impact of the business disposals in Canada and Argentina, notable items