HSBC Holdings PLC
HSBCNYSESavings Institution, Federally CharteredFiscal year ends December 31Also trades as HBCYF
Financials through fiscal 2025, year ended Dec 31, 2025Score 1/30
$85.91+0.49 (+0.57%)
Close on Nov 2, 2026Market cap $295.11BP/E 14.3Yield –
HSBC Target Basis Operating Expenses by Quarter
Target Basis Operating Expenses (Management Cost Discipline KPI)
HSBC Target Basis Operating Expenses: $8,493M in Q3 2026, up 1.4% from a year earlier.
Latest, Q3 2026
8,493.00
Period ended Sep 30, 2026
Change on a year earlier
+1.4%
8,373.00 in Q3 2025
History
16 quarters
Since Q3 2022
Sources
7
Documents cited below
Where the Q3 2026 figure comes from
“|| Target basis operating expenses ($m) | 25,472 | 24,980 | 8,493 | 8,426 | 8,373”
Source: HSBC — SEC 6-K 3Q26 ↗
Excludes notable items, FX translation differences, and strategic transaction distortions.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Target Basis Operating Expenses (Management Cost Discipline KPI) | Year on year | Source |
|---|---|---|---|---|
| Q3 2026 | Sep 30, 2026 | 8,493.00 | +1.4% | HSBC — SEC 6-K 3Q26 ↗ |
| Q2 2026 | Jun 30, 2026 | 8,426.00 | +1.1% | HSBC — SEC 6-K 3Q26 ↗ |
| Q1 2026 | Mar 31, 2026 | 8,543.00 | +3.4% | HSBC — SEC 6-K 1Q26 ↗ |
| Q4 2025 | Dec 31, 2025 | 8,974.00 | +7.9% | HSBC — SEC 6-K 1Q26 ↗ |
| Q3 2025 | Sep 30, 2025 | 8,373.00 | +3.4% | HSBC — SEC 6-K 3Q26 ↗ |
| Q2 2025 | Jun 30, 2025 | 8,338.00 | +1.8% | HSBC — SEC 6-K 3Q25 ↗ |
| Q1 2025 | Mar 31, 2025 | 8,264.00 | +8.1% | HSBC — SEC 6-K 1Q26 ↗ |
| Q4 2024 | Dec 31, 2024 | 8,318.00 | -1.2% | HSBC — SEC 6-K 1Q25 ↗ |
| Q3 2024 | Sep 30, 2024 | 8,099.00 | +4.8% | HSBC — SEC 6-K 3Q25 ↗ |
| Q2 2024 | Jun 30, 2024 | 8,194.00 | +4.9% | HSBC — SEC 6-K 3Q24 ↗ |
| Q1 2024 | Mar 31, 2024 | 7,644.00 | +3.4% | HSBC — SEC 6-K 1Q25 ↗ |
| Q4 2023 | Dec 31, 2023 | 8,415.00 | – | HSBC SEC 6-K 1Q24 ↗ |
| Q3 2023 | Sep 30, 2023 | 7,729.00 | +5.7% | HSBC — SEC 6-K 3Q24 ↗ |
| Q2 2023 | Jun 30, 2023 | 7,811.00 | – | HSBC SEC 6-K 3Q23 ↗ |
| Q1 2023 | Mar 31, 2023 | 7,394.00 | – | HSBC SEC 6-K 1Q24 ↗ |
| Q3 2022 | Sep 30, 2022 | 7,312.00 | – | HSBC SEC 6-K 3Q23 ↗ |
Breakdown
What makes up target Basis Operating Expenses
- Reported Consolidated Operating Expenses-8,822.00 · Q3 2026
- Management Full-Year Target Basis Operating Expense Growth Target1.00 · Q3 2026
- Organisational Simplification — Cumulative Annualised Savings Actioned1.90 · Q3 2026
- Organisational Simplification — Annualised Cost Reduction Target (Raised to $2.0B)2.00 · Q3 2026
- Organisational Simplification — Cumulative Restructuring Costs Incurred1.60 · Q3 2026
- Organisational Simplification — P&L Expense Reduction Realised in Period0.30 · Q3 2026
- Management Full-Year ECL Charge Guidance (% of Average Gross Loans)45 · Q3 2026
- Target Basis Dividend Payout Ratio Target50.00 · Q3 2026
- Business Disposals — Assets Held for Sale45,476.00 · Q3 2026
- Business Disposals — Liabilities of Disposal Groups Held for Sale23,837.00 · Q3 2026
Cite this data
StockData. (2026). HSBC Target Basis Operating Expenses, quarterly Q3 2022–Q3 2026 [Data set]. Compiled from HSBC SEC filings and investor materials. https://stockdatahq.com/stocks/hsbc/kpis/cost-target-opex-m
See every metric in the HSBC KPI table. Data updated Nov 1, 2026.