HSBC Q3 Pre-Tax Profit Rises 32% to $9.63 Billion, Below Forecast
Revenue increased 5% to $18.62 billion, mainly reflecting growth in banking net interest income. Both pre-tax profit and revenue were slightly below forecasts of $9.69 billion and $18.93 billion, respectively.
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08:03:58 AM UTC
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Pre-tax profit rose to $9.63bn, with revenue 5% higher at $18.62bn, mainly reflecting growth in banking net interest income. Both figures were just slightly below forecasts, however, as analysts were expecting pre-tax profit of $9.69bn and revenue of $18.93bn.Net interest income - the difference be…