Banking group HSBC reported on net profit
British-Hong Kong banking group HSBC Holdings plc tripled its net profit attributable to shareholders in 2021 year-on-year to $12.607 billion, according to the bank's financial statements.
Net interest income was $26.489 billion, down 4%. Diluted earnings per share rose to $0.62 from $0.19 in 2020. The banking group's revenue for the year decreased by 1.7% to $49.552 billion.
According to the results of the fourth quarter, the bank increased its net profit attributable to shareholders, also 3 times - up to 1.788 billion dollars. Net interest income was $6.781 billion, up 2.4%. Diluted earnings per share were $0.09 compared to $0.03 a year earlier. Quarterly revenue increased by 1.9% to $11.989 billion.
The HSBC Holdings plc group was formed in 1990 as a company that controls the activities of the HSBC bank (Hongkong and Shanghai Banking Corporation) that existed since 1865.
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