HSBC reported a first-quarter pre-tax profit of $9.4 billion, slightly below analyst expectations and down from $9.5 billion a year earlier. The bank's revenue grew 6% year-on-year to $18.6 billion, exceeding estimates. The profit dip was mainly due to larger-than-expected credit losses and impairment charges. HSBC is on track to achieve $1.5 billion in annual cost reductions by mid-2026 and expects $0.5 billion in synergies from the privatization of Hang Seng Bank by 2028.
The Avantis International Equity ETF (AVDE) provides semi-annual dividends from over 3,000 developed-market international stocks, focusing on smaller, value-driven companies with strong profitability. Its dividend payouts have more than doubled from ...
The Fidelity Enhanced International ETF (FENI) has grown to $8.1 billion in assets, paying variable quarterly dividends from over 350 international companies. Its income is backed by stable dividends from well-capitalized firms like Novartis, HSBC, a...
The Schwab Fundamental International Equity ETF (FNDF) provides semi-annual income from developed-market dividend-paying companies outside the U.S., using a fundamentals-based weighting approach. This method favors mature, cash-generating firms, resu...
