HSBC Posts Q2 Revenue $16.47B, Pretax Profit $6.3B; Rio Tinto H1 Profit $4.81B, Raises Dividend to $1.48

HSBC reported its second-quarter 2025 earnings with revenue of $16.47 billion, slightly below the estimated $16.67 billion. Pretax profit came in at $6.3 billion, missing the $6.99 billion forecast, while the Common Equity Tier 1 (CET1) ratio matched expectations at 14.6%. The expected credit loss (ECL) net charge was $1.07 billion for the quarter and $1.94 billion for the first half of the year. HSBC's first-half revenue totaled $34.12 billion, with pretax profit of $15.81 billion. The bank declared an interim dividend of $0.10 per share. HSBC is progressing toward its goal of $1.5 billion in annual savings by 2027 and has modeled scenarios involving disruptive tariffs combined with major policy rate cuts and broader economic decline, targeting a CET1 capital ratio between 14% and 14.5% in 2025. Meanwhile, Rio Tinto Group reported a decline in first-half 2025 profits amid weaker iron ore prices and trade uncertainties linked to tariffs. The company posted an underlying profit of $4.81 billion, below the estimated $5.17 billion, and net income of $4.53 billion, missing the $4.90 billion forecast. Capital expenditure was $4.73 billion. Despite the profit shortfall, Rio Tinto raised its interim dividend to $1.48 per share, exceeding projections.