v3.25.2
Segmental analysis - Constant currency profit before tax and balance sheet data (Details)
$ in Millions
 6 Months Ended
Jun. 30, 2025
USD ($)
global_function
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Disclosure of operating segments [line items]      
Number of global functions | global_function 4    
Net operating income before change in expected credit losses and other credit impairment charges [1] $ 34,122 $ 37,292  
– of which: net interest income/(expense) 16,821 16,911  
Change in expected credit losses and other credit impairment charges (1,941) (1,066)  
Net operating income 32,181 36,226  
Total operating expenses (17,022) (16,296)  
Operating profit 15,159 19,930  
Share of profit in associates and joint ventures 1,651 1,626  
Profit before tax 15,810 21,556  
Loans and advances to customers (net) 981,722 938,257 $ 930,658
Interests in associates and joint ventures 28,202 28,465 28,909
Total external assets 3,214,371 2,975,003 3,017,048
Customer accounts 1,718,604 1,593,834 1,654,955
Insurance finance expense (5,329) (2,486)  
Operating segments      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 34,122 37,057  
Change in expected credit losses and other credit impairment charges (1,941) (993)  
Net operating income 32,181 36,064  
Total operating expenses (17,022) (16,192)  
Operating profit 15,159 19,872  
Share of profit in associates and joint ventures 651 1,619  
Profit before tax $ 15,810 $ 21,491  
Share of HSBC’s constant currency profit/(loss) before tax 100.00% 100.00%  
Constant currency cost efficiency ratio 0.499 0.437  
Loans and advances to customers (net) $ 981,722 $ 972,779 974,647
Interests in associates and joint ventures 28,202 28,740 29,273
Total external assets 3,214,371 3,084,370 3,152,674
Customer accounts 1,718,604 1,651,911 $ 1,726,199
Operating segments | Hong Kong      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 7,848 7,432  
Change in expected credit losses and other credit impairment charges (864) (338)  
Net operating income 6,984 7,094  
Total operating expenses (2,310) (2,340)  
Operating profit 4,674 4,754  
Share of profit in associates and joint ventures 0 0  
Profit before tax $ 4,674 $ 4,754  
Share of HSBC’s constant currency profit/(loss) before tax 29.60% 22.10%  
Constant currency cost efficiency ratio 0.294 0.315  
Loans and advances to customers (net) $ 230,139 $ 236,309  
Interests in associates and joint ventures 0 0  
Total external assets 433,153 413,491  
Customer accounts 517,406 474,140  
Operating segments | UK      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 6,228 5,994  
Change in expected credit losses and other credit impairment charges (323) (58)  
Net operating income 5,905 5,936  
Total operating expenses (2,624) (2,403)  
Operating profit 3,281 3,533  
Share of profit in associates and joint ventures 0 0  
Profit before tax $ 3,281 $ 3,533  
Share of HSBC’s constant currency profit/(loss) before tax 20.80% 16.40%  
Constant currency cost efficiency ratio 0.421 0.401  
Loans and advances to customers (net) $ 299,631 $ 286,915  
Interests in associates and joint ventures 0 0  
Total external assets 443,023 428,708  
Customer accounts 360,494 352,573  
Operating segments | CIB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 14,117 13,333  
Change in expected credit losses and other credit impairment charges (299) (175)  
Net operating income 13,818 13,158  
Total operating expenses (7,456) (7,037)  
Operating profit 6,362 6,121  
Share of profit in associates and joint ventures 0 0  
Profit before tax $ 6,362 $ 6,121  
Share of HSBC’s constant currency profit/(loss) before tax 40.20% 28.50%  
Constant currency cost efficiency ratio 0.528 0.528  
Loans and advances to customers (net) $ 304,240 $ 300,392  
Interests in associates and joint ventures 116 132  
Total external assets 1,763,915 1,702,163  
Customer accounts 564,847 558,629  
Operating segments | IWPB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 7,011 6,933  
Change in expected credit losses and other credit impairment charges (453) (416)  
Net operating income 6,558 6,517  
Total operating expenses (4,468) (4,277)  
Operating profit 2,090 2,240  
Share of profit in associates and joint ventures 2 27  
Profit before tax $ 2,092 $ 2,267  
Share of HSBC’s constant currency profit/(loss) before tax 13.20% 10.60%  
Constant currency cost efficiency ratio 0.637 0.617  
Loans and advances to customers (net) $ 147,523 $ 140,795  
Interests in associates and joint ventures 526 561  
Total external assets 435,437 399,795  
Customer accounts 275,504 266,148  
Operating segments | Corporate Centre      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges (1,082) 3,365  
Change in expected credit losses and other credit impairment charges (2) (6)  
Net operating income (1,084) 3,359  
Total operating expenses (164) (135)  
Operating profit (1,248) 3,224  
Share of profit in associates and joint ventures 649 1,592  
Profit before tax $ (599) $ 4,816  
Share of HSBC’s constant currency profit/(loss) before tax (3.80%) 22.40%  
Constant currency cost efficiency ratio (0.152) 0.040  
Loans and advances to customers (net) $ 189 $ 8,368  
Interests in associates and joint ventures 27,560 28,047  
Total external assets 138,843 140,213  
Customer accounts 353 421  
Insurance finance expense 4,700 5,500  
Operating segments excluding intersegment elimination      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 34,122 37,057  
– of which: net interest income/(expense) 16,821 16,534  
Operating segments excluding intersegment elimination | Hong Kong      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 5,037 4,769  
– of which: net interest income/(expense) 5,875 5,928  
Operating segments excluding intersegment elimination | UK      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 6,678 6,280  
– of which: net interest income/(expense) 5,306 5,026  
Operating segments excluding intersegment elimination | CIB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 19,648 19,696  
– of which: net interest income/(expense) 7,014 7,314  
Operating segments excluding intersegment elimination | IWPB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 5,964 5,689  
– of which: net interest income/(expense) 3,657 4,131  
Operating segments excluding intersegment elimination | Corporate Centre      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges (3,205) 623  
– of which: net interest income/(expense) (5,031) (5,865)  
Intersegment      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 0 0  
Intersegment | Hong Kong      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 2,811 2,663  
Intersegment | UK      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges (450) (286)  
Intersegment | CIB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges (5,531) (6,363)  
Intersegment | IWPB      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges 1,047 1,244  
Intersegment | Corporate Centre      
Disclosure of operating segments [line items]      
Net operating income before change in expected credit losses and other credit impairment charges $ 2,123 $ 2,742  
[1] Net operating income before change in expected credit losses and other credit impairment charges, also referred to as revenue.