FrontRow · Oct 27, 2026
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Europe's largest bank HSBC on Tuesday reported third-quarter pretax profit that largely met analysts' estimates complied by the lender, and announced a share buyback of up to $1 billion by the end of this year. Revenue at HSBC rose to $18.6 billion from $17.8 billion in the same period last year, while banking net interest income rose 6%, alongside the bank clocking higher fee income form its corporate and institutional banking and wealth business. Here are HSBC's third -quarter results compared with the consensus estimates compiled by the bank. The bank's third-quarter profit before tax increased 32% from a year earlier to $9.6 billion, also reflecting the absence of $1.4 billion in legal provisions recorded in the same period last year. Higher revenue and lower credit losses also supported earnings.
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