Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 19

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 19
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 | 30 Sep 2024 |
|:--------------------------------|------------------:|------------:|--------------:|------------:|------------:|
|                                 |                $m |          $m |            $m |          $m |          $m |
| Interest income                 |            73,369 |      82,627 |        24,361 |      24,595 |      27,255 |
| Interest expense                |           -47,771 |     -58,079 |       -15,584 |     -16,076 |     -19,618 |
| Net interest income             |            25,598 |      24,548 |         8,777 |       8,519 |       7,637 |
| Average interest-earning assets |         2,179,639 |   2,094,585 |     2,218,472 |   2,195,244 |   2,088,100 |
|                                 |                 % |           % |             % |           % |           % |
| Gross interest yield1           |              4.50 |        5.27 |          4.36 |        4.49 |        5.19 |
| Less: gross interest payable1   |             -3.17 |       -4.08 |         -3.01 |       -3.18 |       -4.07 |
| Net interest spread2            |              1.33 |        1.19 |          1.35 |        1.31 |        1.12 |
| Net interest margin3            |              1.57 |        1.57 |          1.57 |        1.56 |        1.46 |

1 Gross interest yield is the average annualised interest rate earned on AIEA. Gross interest payable is the average annualised interest cost as a percentage of average interest-bearing liabilities.

2 Net interest spread is the difference between the average annualised interest rate earned on AIEA, net of amortised premiums and loan fees, and the average annualised interest rate payable on average interest-bearing funds.

3 Net interest margin is net interest income expressed as an annualised percentage of AIEA.

NII in 3Q25 of $8.8bn increased by $1.1bn or 15% compared with 3Q24, which included a benefit from the non-recurrence of a