HSBC (HKG:0005) reported profit attributable to ordinary shareholders of the parent company of $4.58 billion for the second quarter, down from $6.40 billion a year earlier, according to a Hong Kong stock exchange filing on Wednesday.
Second-quarter revenue came in at $16.47 billion, compared with $16.70 billion a year ago and below the $16.85 billion analyst estimate.
Earnings per share for the quarter fell to $0.26 from $0.35, missing expectations.
Net interest income totaled $8.52 billion, missing the $8.61 billion consensus.
For the first half of 2025, profit attributable to ordinary shareholders dropped to $11.5 billion from $16.6 billion in the prior-year period.
EPS declined to $0.65 from $0.88, while revenue slipped to $34.1 billion from $37.3 billion.
The board declared a second interim dividend of $0.10 per share and approved a share buy-back of up to $3 billion.
Shares of the company fell over 2% in recent trading.