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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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a HSBC">Zacks stock report on HSBC at https://www.zacks.com/ap/HSBC