v3.25.4
HSBC Holdings statement of changes in equity (Parenthetical)
$ in Millions, $ in Millions
1 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Jul. 31, 2025
USD ($)
Jun. 30, 2025
USD ($)
May 31, 2025
USD ($)
Mar. 31, 2025
SGD ($)
Feb. 28, 2025
USD ($)
Dividends paid on ordinary shares per share (in dollars per share) | $ / shares   $ 0.82 $ 0.53          
Authorized amount for share buy-back program       $ 3,000   $ 3,000   $ 2,000
Redemption of securities   $ 2,250 [1] $ 4,003          
Transfers [2]   0 0          
HSBC Overseas Holdings (UK) Limited                
Impairment loss recognised in profit or loss   11,400 5,500          
Merger and other reserves                
Transfers [2]   (2,945) (5,130)          
Merger and other reserves | HSBC Overseas Holdings (UK) Limited                
Transfers   (2,900) (5,100)          
Retained earnings                
Redemption of securities     (20)          
Transfers [2]   2,945 5,130          
Retained earnings | HSBC Overseas Holdings (UK) Limited                
Transfers   $ (2,900) $ (5,100)          
HSBC Holdings                
Dividends paid on ordinary shares per share (in dollars per share) | $ / shares   $ 0.82 $ 0.53          
Authorized amount for share buy-back program       $ 3,000   $ 3,000   2,000
Redemption of securities   $ 2,250 $ 4,003          
Transfers [3]   0 0          
HSBC Holdings | $1,500m issued at 6.950%                
Notional amount               $ 1,500
Other equity instruments interest rate               6.95%
HSBC Holdings | SGD 800m issued at 5.000%                
Notional amount             $ 800  
Other equity instruments interest rate             5.00%  
HSBC Holdings | $2,000m issued at 7.050%                
Notional amount         $ 2,000      
Other equity instruments interest rate         7.05%      
HSBC Holdings | $2,250m issued at 6.375%                
Other equity instruments interest rate             6.375%  
Redemption of securities $ 2,450              
HSBC Holdings | Merger and other reserves                
Transfers [3]   (2,945) (5,130)          
HSBC Holdings | Retained earnings                
Redemption of securities [4],[5]   0 (20)          
Transfers [3],[4],[5]   $ 2,945 $ 5,130          
[1] Includes recycling of fair value losses of $1.5bn following completion of the sale of our retail banking operations in France.
[2] At 31 December 2024, an impairment of $11.4bn (2023: $5.5bn) of HSBC Overseas Holdings (UK) Limited was recognised, resulting in a permitted transfer of
$2.9bn (2023: $5.1bn) from the remaining historical associated merger reserve to retained earnings.
[3] At 31 December 2024, an impairment of $11.4bn (2023: $5.5bn) of HSBC Overseas Holdings (UK) Limited was recognised, resulting in a permitted transfer of
$2.9bn (2023: $5.1bn) from the remaining historical associated merger reserve to retained earnings.
[4] At 31 December 2025, retained earnings included 35,354,337 own shares held. These include own shares held by HSBC Holdings for the benefit of
beneficiaries within employee trusts for the settlement of shares expected to be delivered under employee share schemes or bonus plans.
[5] Retained earnings include unrealised profits from intercompany transactions and share-based payment reserves, which are excluded from distributable
reserves. Distributable reserves include the distributable portions of retained earnings and the merger reserve. Distributable reserves are reduced by ordinary
dividend payments, distributions on additional tier 1 instruments, share buy-backs and impairments in investments in subsidiaries. They are increased by profits
and the realisation of retained earnings or merger reserves upon impairment of an associated investment in subsidiary.