Hsbc Holdings (HSBC) Tax Provisions (2009 - 2026)
Hsbc Holdings (HSBC) posted Tax Provisions of -$2.0 billion for Q1 2026, down 22.72% sequentially from -$1.6 billion in Q4 2025, and down 3.55% YoY from -$2.1 billion in Q1 2025.
Hsbc Holdings (HSBC) Tax Provisions (2009 - 2026) Analysis & Trends
Hsbc Holdings has reported Tax Provisions for 18 years, with the latest figure at -$2.0 billion in Q1 2026.
- Quarterly Tax Provisions fell 3.55% year-over-year to -$2.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.8 billion (down 22.67% YoY) and the FY2025 annual result came in at $6.8 billion, down 7.31% from the prior year.
- Tax Provisions fell to -$2.0 billion in Q1 2026 per HSBC's latest filing, from -$1.6 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $863.0 million in Q2 2022 and troughed at -$2.1 billion in Q2 2024.
- A 5-year average of -$1.2 billion and a median of -$1.6 billion in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 171.56% in 2022, then slumped 1253.57% in 2025.
- Over 5 years, Tax Provisions stood at -$388.0 million in 2022, then sank by 169.07% to -$1.0 billion in 2023, then jumped by 113.41% to $140.0 million in 2024, then plunged by 1253.57% to -$1.6 billion in 2025, then dropped by 22.72% to -$2.0 billion in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$2.0 billion, -$1.6 billion, and -$1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | 6.18 Bn |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 1.17 Bn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 1.40 Bn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | 1.70 Bn |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 2.01 Bn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 565.37 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 475.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.18 Bn |
| Mar 31, 2026 | -1.98 Bn |
| Dec 31, 2025 | -1.62 Bn |
| Sep 30, 2025 | -1.79 Bn |
| Jun 30, 2025 | -1.46 Bn |
| Mar 31, 2025 | -1.91 Bn |
| Dec 31, 2024 | 140.00 Mn |
| Sep 30, 2024 | -1.73 Bn |
| Jun 30, 2024 | -2.08 Bn |
| Mar 31, 2024 | -1.81 Bn |
| Dec 31, 2023 | -1.04 Bn |
| Sep 30, 2023 | -1.45 Bn |
| Jun 30, 2023 | -1.73 Bn |
| Mar 31, 2023 | -1.86 Bn |
| Dec 31, 2022 | -388.00 Mn |
| Sep 30, 2022 | -572.00 Mn |
| Jun 30, 2022 | 863.00 Mn |
| Mar 31, 2022 | -712.00 Mn |
| Dec 31, 2021 | 1.80 Bn |
| Sep 30, 2021 | -1.16 Bn |