On October 27, HSBC Holdings reported third-quarter financial results that missed analyst estimates for both revenue and earnings. Despite the miss, the bank reaffirmed its previously stated financial outlook for the full fiscal year 2026. Additionally, HSBC announced a new $1 billion share buyback program.
The bank declared a third interim dividend of 10 cents per share, while third-quarter profit before tax rose to $9.6 billion.
Read the full storyInvestors await details of performance against the bank’s second-half outlook, after first-half revenue of $38.2 billion and annual growth of 6% on a constant-currency basis.