REG - HSBC Holdings PLC - Group reporting changes

HSBC HoldingsAnnouncement

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RNS Number : 4036W  HSBC Holdings PLC  12 March 2026

 

12 March 2026

 

 

HSBC HOLDINGS PLC

GROUP REPORTING CHANGES

 

HSBC has today published changes to the way it presents information for its
four businesses and Corporate Centre relating to the transition of certain
clients between business segments, which are effective from 1 January 2026.

In advance of the publication of HSBC Holdings plc's 1Q 2026 Earnings Release,
the attached data pack presents the impact on the previously reported
financial information of HSBC Holdings plc and its consolidated subsidiary
undertakings (the 'Group') for each quarter in the years 2024 and 2025, and
the full years 2024 and 2025, of the transition of certain clients, primarily
from the Hong Kong and UK business segments to Corporate and Institutional
Banking, as referred to on page 76 of the HSBC Holdings plc Annual Report and
Accounts 2025. Such transition does not involve a change in our reportable
segments.

A copy of the data pack is also available to view and download at:
https://www.hsbc.com/investors/results-and-announcements/all-reporting
(https://www.hsbc.com/investors/results-and-announcements/all-reporting)

The data pack provides a re-presented view, for illustrative purposes only, of
selected financial information for the four businesses and Corporate Centre
for (i) all quarters in 2024 and 2025, and (ii) the full years 2024 and 2025.
This re-presentation has no impact on and does not change the consolidated
financial results or financial position of the Group. No additional
adjustments have been made to this information other than to reflect the
clients transitioned and all data presented is unaudited.

The Group's reported results are prepared in accordance with International
Financial Reporting Standards ('IFRSs'), as detailed in the HSBC Holdings plc
Annual Report and Accounts 2025. To measure performance, the Group also uses
non-GAAP financial measures, including those derived from reported results
that eliminate foreign currency translation differences between periods.

Constant currency performance is computed by adjusting reported results of
comparative periods for the effects of foreign currency translation
differences, which distort period-on-period comparisons.

The Group considers that constant currency performance provides useful
information for investors by aligning internal and external reporting, and
reflects how management assesses period-on-period performance.

Investor enquiries to:

Alastair Ryan, Global Head of Investor Relations, +44 (0)7468 703 010

Yafei Tian, Head of Investor Relations, Asia-Pacific, +852 2899 8909

 

Media enquiries to:

pressoffice@hsbc.com             +44 (0) 20 7991 8096

 

 

Note to editors:

HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London.
HSBC serves customers worldwide from offices in 56 countries and territories.
With assets of US$3,233bn at 31 December 2025, HSBC is one of the world's
largest banking and financial services organisations.

The information contained in this announcement and the materials referred to
herein presents a historical view of the Group's financial position and
results of operations as at the dates and for the periods specified and does
not reflect any events, transactions, developments or changes in circumstances
that may have occurred subsequent to those dates or periods. HSBC Holdings plc
is not providing any updated financial information, and recipients should not
assume that any historical information remains current as of any subsequent
date or period.

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This announcement contains both historical and forward-looking statements. All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements may be identified
by the use of terms such as 'may,' 'intends,' 'plan,' 'will,' 'should,'
'potential,' 'reasonably possible' or 'anticipates' or the negative thereof or
similar expressions, or by discussions of strategy. The Group has based the
forward-looking statements on current expectations and projections about
future events. These forward-looking statements are subject to risks,
uncertainties and assumptions about the Group, as described under 'Cautionary
statement regarding forward-looking statements' contained in the HSBC Holdings
plc Annual Report on Form 20-F for the year ended 31 December 2025, filed with
the Securities and Exchange Commission ('SEC') on 26 February 2026 (the '2025
Form 20-F'). The Group undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise. In light of these risks, uncertainties and assumptions,
the forward-looking events discussed herein might not occur. Investors are
cautioned not to place undue reliance on any forward-looking statements, which
speak only as of their dates. Additional information, including information on
factors which may affect the Group's business, is contained in the 2025 Form
20-F.

Alternative Performance Measures

This announcement and the materials referred to herein contain non-IFRS
measures used by management internally that constitute alternative performance
measures under European Securities and Markets Authority guidance and non-GAAP
financial measures defined in and presented in accordance with SEC rules and
regulations ("Alternative Performance Measures"). The primary Alternative
Performance Measures we use are presented on a "constant currency" basis which
is computed by adjusting comparative period reported results for the effects
of foreign currency translation differences, which distort period-on-period
comparisons. Reconciliations between Alternative Performance Measures and the
most directly comparable measures under IFRS are provided in our 2025 Form
20-F, which is available at www.hsbc.com.

 

Click on, or paste, the following link into your web browser, to view the
associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/4036W_1-2026-3-12.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4036W_1-2026-3-12.pdf)

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