The facts
The bank said the profit increase primarily reflected the non-recurrence of US$1.4 billion in legal provisions booked a year earlier, alongside revenue growth and lower credit-loss charges. [1]
Reported revenue rose by US$0.8 billion year on year. Constant-currency revenue excluding notable items was a separate measure, US$18.7 billion. [1]
HSBC intends another share buyback of up to US$1 billion and approved an interim dividend of US$0.10 per share. [1][2]
The bank maintained its target for 2026 banking net interest income of at least US$46 billion. [1]
Sources
References support the numbered facts above. Source checks: 29 Oct 2026, 09:27 UTC.
- Third-quarter 2026 earnings release
HSBC · Primary source · 27 Oct 2026
Opening performance and outlook pages checked. Reported revenue differs from constant-currency revenue excluding notable items.
- HSBC shares tumble 6% after third-quarter revenue disappoints, wealth growth slows
Reuters, republished by MarketScreener · Reporting · 27 Oct 2026
Original reporting by Selena Li and Lawrence White. The US$19 billion revenue forecast's compilation provider is not identified; no stock-price percentage is reproduced.