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 (HSBC) has 18 years of Tax Provisions data on file, last reported 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.
- The five-year high for Tax Provisions was $863.0 million in Q2 2022, with the low at -$2.1 billion in Q2 2024.
- Average Tax Provisions over 5 years is -$1.2 billion, with a median of -$1.6 billion recorded in 2025.
- Year-over-year, Tax Provisions jumped 171.56% in 2022 and plunged 1253.57% in 2025.
- Hsbc Holdings' Tax Provisions stood at -$388.0 million in 2022, then slumped by 94.59% to -$755.0 million in 2023, then jumped by 118.54% to $140.0 million in 2024, then sank by 1253.57% to -$1.6 billion in 2025, then declined by 22.72% to -$2.0 billion in 2026.
- Business Quant data shows HSBC's Tax Provisions at -$2.0 billion in Q1 2026, -$1.6 billion in Q4 2025, and -$1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -1.98 Bn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 1.82 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 691.00 Mn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 1.29 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 386.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.99 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -904.18 Mn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -1.35 Mn |
| 10 | Mitsubishi Ufj Financial | - | - | -1.48 Bn | 763.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -755.00 Mn |
| 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 | -635.00 Mn |
| Sep 30, 2021 | -1.16 Bn |
| Jun 30, 2021 | -1.21 Bn |