HSBC Reports Third-Quarter Results, Authorizes $1 Billion Buyback
HSBC said third-quarter pre-tax profit rose 32% year over year to $9.60 billion and announced a new $1 billion U.S. stock buyback authorization.
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SquawkNews
HSBC 3Q26 profit before tax jumps 32% year over year to $9.63 billion HSBC’s third-quarter 2026
HSBC (HSBC), Europe’s largest bank, has reported mixed financial results for this year’s third quarter and announced a new $1 billion U.S. stock buyback authorization.The London-based lender announced that its pre-tax profit increased 32% from a year earlier to $9.60 billion U.S. However, that fell…