HSBC’s Post

## Why "After delivering record profits in 2023, we had another strong performance in the first half of 2024 – further evidence that our strategy is working" is a strong statement. **This statement is powerful because it:** * **Reinforces success:** It highlights the company's consistent strong financial performance, building credibility and trust. * **Validates strategy:** It directly attributes the success to the company's strategy, implying its effectiveness and foresight. * **Inspires confidence:** It creates a positive outlook for investors, employees, and customers, fostering confidence in the company's future. * **Sets expectations:** It suggests that the company is on a growth trajectory and can be expected to continue delivering strong results. **Essentially, this statement is a concise and impactful way to communicate the company's achievements and reinforce its strategic direction.**

Once again, our financial results reaffirm our strategy. In the first half of 2024, clients took advantage of our global connectivity to do more business across the world’s most economically dynamic regions and invest their wealth with us. By focusing on Asia’s innovative businesses and rising spending power, HSBC delivered consensus-beating earnings performance, with group profit before tax at $21.6 billion - roughly half of that from Asia. Having paid our highest dividend since the global financial crisis in 2023, we will continue to share the fruits of success with shareholders. We have announced a second interim dividend of $0.10; given the strength of our balance sheet, we continue to buy back more stock and give our shareholders a correspondingly larger stake in the bank. Over the last 18 months we distributed over $30 billion through dividends and buybacks. We thank our loyal investors, and we are honoured to count so many Hong Kong families among them. Our international strategy and our strong execution is delivering improved returns for all of us. #HSBC #HSBCAsia #International #Dividend Surendra Rosha

Doing the right things…

Great results

In the first half of 2024, we achieved solid profit results and remain confident that our strategy and business model are well-suited to grow revenue, even in a low-interest-rate environment. #hsbc #growth #halfyearlyresults

After delivering record profits in 2023, we had another strong performance in the first half of 2024 – further evidence that our strategy is working. Highlights of our Interim Results 2024 - Profit before tax: $21.6bn - Revenue: $37.3bn - Return on average tangible equity: 21.4% - Dividend per share for 2024: $0.10 - Further share buyback up to $3bn We delivered a strong profit performance in the first half of 2024 and we’re confident we have the right strategy and model to grow revenue, even in a lower interest rate environment. #HSBC HSBC HSBC Innovation Banking Noel Quinn David Liao Surendra Rosha Bob Hoyt Jon Doyle Ben Eason

Beyond the numbers, true business success lies in profitability, not just sales volume. More sales can bring stress, but charging what you're worth ensures a stable foundation. Focus on profitability, not just revenue, for a sustainable and thriving business. 💼💰 #BusinessWisdom #ProfitFirst #hsbc

We announced this week unprecedented results for 2023. Beyond the record figures, this is the fruit of our cooperation and mobilisation on serving our clients, and our ability to transform our business, especially in Continental Europe, in a breadth and depth never seen before to invest in robust growth. #HSBC #StrategicTransformation

🎉📈 Attention Business Leaders! 📈🎉 Exciting News for HSBC who achieved record-breaking profits in 2023, and we're proud to have played a small part in their success story! 💼✨ At #emagine we specialize in providing top-tier consultants who bring expertise, innovation, and strategic insight to companies like HSBC. Our partnership with HSBC is a shining example of how our consultancy services drive tangible results and contribute to our clients' extraordinary achievements. In a rapidly changing economic landscape, organizations need agile, forward-thinking partners to navigate complexities and seize opportunities. That's where we come in. Whether it's optimizing operations or implementing cutting-edge technologies our team of seasoned consultants is here to empower your business for success. If you're looking to emulate HSBC's success and elevate your organization to new heights, emagine is ready to collaborate with you. Let's embark on a journey of growth, innovation, and unparalleled success together! Contact us today to learn how our consultancy services can unlock your company's full potential. 🚀 #ConsultancyServices #BusinessSuccess #Innovation #StrategicPartnership #RecordProfits

HSBC Holdings Plc’s CEO, Noel Quinn, is stepping down unexpectedly after nearly five years at the helm, prompting a search for his successor at Europe’s largest bank. Quinn cited a desire for better work-life balance as the reason for his departure. During his tenure, he spearheaded strategic reviews aimed at bolstering the bank's Asian business while scaling back in Western markets. Despite the unexpected exit, HSBC reported a 1.8% drop in pretax profit for the first quarter but announced a larger-than-expected $3 billion buyback. The departure marks the third CEO search under Chairman Mark Tucker, aiming to conclude by the second half of the year. #CEOs #Leadership #SuccessionPlanning #Growth #Business #Transformation #HSBC I Bloomberg News I Harry Wilson I