v3.25.4
Consolidated balance sheet - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and balances at central banks $ 242,859 $ 267,674
Hong Kong Government certificates of indebtedness 44,063 42,293
Trading assets 366,153 314,842
Financial assets designated and otherwise mandatorily measured at fair value through profit or loss 133,063 115,769
Derivatives 237,740 268,637
Loans and advances to banks 108,462 102,039
Loans and advances to customers 988,399 930,658
Reverse repurchase agreements – non-trading 298,392 252,549
Financial investments 567,211 493,166
Assets held for sale 11,115 27,234
Prepayments, accrued income and other assets 184,794 152,740
Current tax assets 864 1,313
Interests in associates and joint ventures 29,577 28,909
Goodwill and intangible assets 13,107 12,384
Deferred tax assets 7,235 6,841
Total assets 3,233,034 3,017,048
Liabilities    
Hong Kong currency notes in circulation 44,063 42,293
Deposits by banks 97,952 73,997
Customer accounts 1,786,828 1,654,955
Repurchase agreements – non-trading 204,974 180,880
Trading liabilities 72,122 65,982
Financial liabilities designated at fair value 158,456 138,727
Derivatives 237,854 264,448
Debt securities in issue 99,675 105,785
Liabilities of disposal groups held for sale 23,382 29,011
Accruals, deferred income and other liabilities 142,123 130,340
Current tax liabilities 3,037 1,729
Insurance contract liabilities 122,955 107,629
Provisions 3,441 1,724
Deferred tax liabilities 2,100 1,317
Subordinated liabilities 28,406 25,958
Total liabilities 3,027,368 2,824,775
Equity    
Called up share capital 8,588 8,973
Share premium account 111 14,810
Other equity instruments 20,716 19,070
Other reserves (795) (10,282)
Retained earnings 169,605 152,402
Total shareholders’ equity 198,225 184,973
Non-controlling interests 7,441 7,300
Total equity 205,666 192,273
Total liabilities and equity $ 3,233,034 $ 3,017,048