HSBC Profit in Third Quarter Rises by 32% to $9.6 Billion

HSBC reported its financial results for the third quarter of 2026.

Financial performance compared to consensus forecasts: - Pre-tax profit: $9.63 billion (analysts' forecast — $9.69 billion); - Revenue: $18.6 billion (analysts' forecast — $18.93 billion); - Net interest income: rose by 6% year-on-year to $9.3 billion; - Operating expenses: decreased by 12%.

In September, HSBC completed a share buyback program totaling approximately $1 billion, repurchasing and canceling around 48.7 million shares in the UK and Hong Kong markets.

The report is published amid reports that the bank is considering a significant staff reduction in its UK wealth management division as part of a large-scale rollout of artificial intelligence technologies.