Results for "HSBC"
2 articlesHSBC profit flat as Middle East provisions offset wealth growth
HSBC reported flat first-quarter 2026 profit of US$6.94 billion, a 0.14% year-over-year increase that missed analyst consensus estimates of US$7.07 billion. The bank attributed the result to lower interest rates and Middle East conflict-related provisions offsetting gains in wealth management.
HSBC shares drop as first-quarter pre-tax profit misses estimates on higher expected credit losses
HSBC reported first-quarter pre-tax profit of $9.4 billion, slightly below analyst expectations. The miss was attributed to higher expected credit losses. The headline frames this as a negative development for Europe's largest lender.
LEFTCTRRIGHT