HSBC HOLDINGS PLC (HBCYF) SEC Filings

HSBC Holdings plc reported strong 1H26 results, with profit before tax rising 23% to $19.5bn and revenue up 11% to $37.7bn versus 1H25. Net interest income increased by $1.4bn and net interest margin improved to 1.61%, while fee and other income grew, particularly in Wealth and Wholesale Transaction Banking.

Credit costs rose to $2.4bn, or 0.47% of average customer loans, mainly from wholesale stage 3 charges and Hong Kong commercial real estate, while the cost efficiency ratio improved to 46.2% as operating expenses grew only 2%. Annualised return on average tangible equity reached 18.2%, or 19.1% excluding notable items. The CET1 ratio was 14.1%, within the stated 14% to 14.5% target range.

The Board declared total dividends of $0.20 per share in respect of 1H26 and approved a second interim dividend of $0.10 per share. HSBC also plans a share buy-back of up to $1bn and reaffirmed medium-term targets, including RoTE of at least 17% and a 50% dividend payout ratio target basis through 2028, and now expects 2026 banking net interest income of at least $46bn.

HSBC Holdings plc reports its current share capital and voting rights. As of 30 July 2026, the issued share capital comprised 17,183,563,842 ordinary shares of US$0.50 each. No shares are held in treasury, so the total number of voting rights is also 17,183,563,842.

This total voting-rights figure is intended to be used by shareholders as the denominator when determining whether they must notify their interest in, or changes to their interest in, HSBC under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules and Part XV of the Hong Kong Securities and Futures Ordinance.

HSBC Holdings plc plans to sell an Australian home and personal loan portfolio with a book value of approximately AUD36 billion (US$25 billion) as of 31 March 2026. The loans, currently held by HSBC Bank Australia Limited, will be acquired by Virgo BidCo Pty Ltd, a company owned by funds managed by Blackstone affiliates, with Pepper Money Limited acting as post-closing servicer. Cash consideration is based on a base amount of AUD36 billion plus adjustments, and may be partially financed by senior lending from the HSBC Group on arm’s length terms. Completion is targeted for the first half of 2027, subject to Australian regulatory approvals and operational readiness.

The portfolio had outstanding balances of AUD36 billion and AUD33 billion at 31 December 2025 and 31 December 2024, respectively. HSBC expects an immaterial pre-tax loss of less than US$0.1 billion on the sale by the first half of 2027, restructuring costs and write-offs of about US$0.3 billion, and recycling of about US$0.3 billion of foreign currency translation reserve losses by 2028, with no incremental CET1 impact. Net proceeds will be used for general corporate purposes, and HSBC’s remaining Australian retail business will be wound down while corporate, institutional, asset management and private banking activities are consolidated into its Sydney branch.

HSBC Holdings plc issued a notice of redemption to holders of its £1,000,000,000 5.875% Perpetual Subordinated Contingent Convertible Securities. These subordinated contingent convertible securities are perpetual instruments that are callable on 28 September 2026 and every five years thereafter.

HSBC Holdings plc is the parent company of HSBC, headquartered in London, serving customers from offices in 56 countries and territories. It reported US$3,306bn of assets as of 31 March 2026, positioning it among the world’s largest banking and financial services organisations.

HSBC Holdings plc is updating the composition of several Board Committees, effective 5 August 2026. Richard Meddings will become Chair of the Group Audit Committee, succeeding Brendan Nelson, who steps down from that committee and from the Group Risk Committee following his appointment as Group Chairman. Meddings will also join the Group Technology and Operations Committee, and Geraldine Buckingham will join the Group Remuneration Committee.

After these changes, HSBC sets out refreshed memberships for the Group Audit, Risk, Remuneration and Technology and Operations Committees. HSBC, headquartered in London, serves customers in 56 countries and territories and reported assets of US$3,306bn as of 31 March 2026.

HSBC Holdings plc is removing a specific debt security from listing and registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934. The affected class is the issuer’s 1.750% Fixed Rate/Floating Rate Senior Unsecured Notes due 2027.

The Exchange states it has complied with its rules to strike this class of securities from listing and/or withdraw registration, and the issuer is stated to have complied with the Exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing voluntary withdrawal. The Form 25 is signed on behalf of the New York Stock Exchange by an authorized officer.

HSBC Holdings plc is divesting its Singapore life and health insurance subsidiary, HSBC Life (Singapore) Pte. Ltd., selling 100% of its issued share capital to Allianz Asia Holdings Pte. Ltd. for S$2.7 billion (US$2.1 billion). Completion is expected in the first half of 2027, subject to approval from the Monetary Authority of Singapore, with all employees continuing under the new ownership.

After completion, HSBC Bank (Singapore) Limited and the sold business will enter into an exclusive 15-year bancassurance distribution agreement, under which HSBC will distribute the insurer’s products to its retail banking and wealth customers in Singapore. HSBC will receive an initial S$0.2 billion (US$0.2 billion) cash payment for this agreement. The Disposal is expected to generate a pre-tax gain of US$1.8 billion and up to a 15 basis-point increase in the Group’s Common Equity Tier 1 ratio, supporting HSBC’s strategy to simplify its portfolio while remaining committed to Singapore as a key wealth and wholesale banking hub.

HSBC Holdings plc, a foreign private issuer, describes plans for a committee of its Board of Directors to meet on 4 August 2026 to consider the announcement of interim results for the six-month period ended 30 June 2026 and to consider a second interim dividend for 2026 on the ordinary shares.

If approved and confirmed at that meeting, the second interim dividend would be payable on 25 September 2026 to holders of record on 14 August 2026 on the principal register in the UK, the Hong Kong and Bermuda overseas branch registers, and to holders of American Depositary Shares in New York. Further dividend details would be included in the interim results announcement.

HSBC Holdings plc granted conditional share awards to employees under the HSBC International Employee Share Purchase Plan. On 9 July 2026, employees received Awards to subscribe for a total of 273,474.84948 ordinary shares of US$0.50 each, comprising 142,323.47272 London-listed shares and 131,151.37676 Hong Kong-listed shares. The closing prices on the grant date were GBP 14.564 in London and HKD 152.30 in Hong Kong. The Awards have a purchase price of GBP 0 and a vesting period of 2 years 3 months, with no performance conditions or clawback provisions because of the all-employee nature of the plan. The plan is subject to a 10% share capital limit over a rolling 10-year period, with 1,111,378,343 shares currently available to issue under this limit.