Loading…
Loading…
HSBC Holdings plc ( HSBC ) Q3 2026 Earnings Call October 27, 2026 3:45 AM EDT Company Participants Manveen Kaur - Group CFO & Executive Director Conference Call Participants Guy Stebbings - BNP Paribas, Research Division Benjamin Toms - RBC Capital Markets, Research Division Joseph Dickerson - Jefferies LLC, Research Division Aman Rakkar - Barclays Bank PLC, Research Division Andrew Coombs - Citigroup Inc., Research Division Kian Abouhossein - JPMorgan Chase & Co, Research Division Melissa Kuang - Goldman Sachs Group, Inc., Research Division Robert Noble - Deutsche Bank AG, Research Division Amit Goel - Mediobanca - Banca di credito finanziario S.p.A., Research Division Edward Hugo Firth - Keefe, Bruyette, & Woods, Inc., Research Division Alastair Warr Jiahui Yan - China International Capital Corporation Limited, Research Division Katherine Lei - JPMorgan Chase & Co, Research Division Presentation Operator Welcome to the analyst and investor presentation on the third quarter results for HSBC Holdings plc.
HSBC NYSE: HSBC reported third-quarter revenue growth of 5% and a 10% increase in profit before tax excluding notable items, while reaffirming its full-year guidance and announcing an up to $1 billion share buyback.
European shares fell on Tuesday after disappointing earnings from HSBC weighed on banking shares, while ongoing tensions in France added to investor caution.
HSBC's share price has been in a steep sell-off over the past few months, mirroring the weakness across other European banks. After peaking at 1,608p in August, the stock has fallen to 1,365p, wiping out billions of pounds in market value.
The bank said quarterly results were supported by growth in banking net interest income and lower expected credit losses.
HSBC's revenue rose year-on-year to $18.6 billion. The bank's third-quarter profit before tax rose 32% from a year earlier to $9.6 billion.
HSBC reported a 32% surge in third-quarter profit on Tuesday, as rate hikes helped boost net interest income, while its wealth management division benefited from turbulent market conditions
Each week, Benzinga's Stock Whisper Index uses proprietary data and pattern recognition to highlight five stocks just under the surface that deserve attention.