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HSBC: Q4 Earnings Snapshot

By AP News - Feb 21, 2023, 10:12 AM ET

Last Updated - Jun 22, 2023, 08:38 PM EDT

LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $4.62 billion in its fourth quarter.

The London-based bank said it had earnings of $1.15 per share.

The bank posted revenue of $24.85 billion in the period. Its revenue net of interest expense was $15.35 billion, exceeding Street forecasts.

For the year, the company reported profit of $14.82 billion, or $3.70 per share. Revenue was reported as $55.35 billion.

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