HSBC Reports Third-Quarter Results Today, Faces Guidance for at Least $46 Billion in Banking Income
Key Facts
HSBC Holdings said it will release its third-quarter 2026 results on Tuesday, October 27, and hold an investor and analyst meeting the same day. The announcement comes as investors await signs of how consistently the bank is performing against its full-year guidance, after it set first-half guidance for banking net income of at least $46 billion in 2026. The bank also maintained its forecast for expected credit losses at about 45 basis points of average gross customer loans. Third-quarter figures and details of the results statement are not available here, so quarter-on-quarter comparisons and any assessment of the bank’s performance depend on the detailed disclosure.
For the first half, HSBC said revenue, excluding notable items, was $38.2 billion, up 6% from the corresponding period in 2025 on a constant-currency basis and excluding those items. This measure means the comparison presented by the bank excludes the effects of exchange-rate movements and items it described as notable. The bank reported that revenue and profit before tax each grew 6% on the same basis. These figures provide a baseline for tracking second-half performance, but do not by themselves establish the level of revenue or profit in the third quarter. The banking net income guidance and credit-cost estimate remain among the key indicators against which upcoming results can be assessed.
Second-quarter results published by the U.S. Securities and Exchange Commission show reported revenue of $19.118 billion, compared with $16.473 billion in the second quarter of 2025. Profit before tax was $10.146 billion, compared with $6.326 billion a year earlier. In earlier coverage of those results, EL7 noted that the bank had announced the resumption of share buybacks. That background is relevant to reading the third-quarter results, placing them in the context of the financial performance and shareholder returns outlined by the bank in the first half. But second-quarter figures are not an estimate of third-quarter results and do not determine their direction.
As part of its shareholder returns, HSBC announced in its first-half results a share buyback plan of up to $1 billion and approved a second interim dividend of $0.10 per share. These decisions put part of investors’ focus on how the bank balances operating performance with returning capital to shareholders. The third-quarter results and the investor and analyst meeting on October 27 are expected to offer an opportunity to follow any new details the bank provides about its performance and guidance. The next date set in the bank’s calendar is the release of its full-year 2026 results on February 23, 2027.