HSBC Q3 pretax profit rises 32% to $9.6B, revenue grows to $18.6B, near analyst expectations

HSBC reported a third-quarter pretax profit of $9.63 billion, up 32% from the previous year, slightly below the $9.69 billion expected by analysts. Revenue increased to $18.6 billion from $17.8 billion a year earlier, just shy of the $18.93 billion forecast. Net interest income rose 6% to $9.3 billion, while operating expenses fell 12%. HSBC also completed a $1 billion share buyback and is considering job cuts in its UK wealth management division amid a push to adopt AI technology.

HSBC shares trade at USD 91.76 on Pluang as of Oct 27, 2026 11:31 WIB, showing a modest 0.65% gain for the day. The stock's market cap stands at $309.86 billion with a dividend yield of 4.14%. Despite strong earnings, Pluang order activity heavily favors selling at 99%, indicating cautious investor sentiment.