HSBC reports 32% increase in third quarter pre-tax profits, announces US$1b share buy-back

South China Morning Post27 October 2026, 04:27 UTCUnited States of America

HSBC, Hong Kong’s biggest lender, reported a 32 per cent rise in third quarter pre-tax profits while announcing a US$1 billion share buy-back on Tuesday. The bank said its third quarter pre-tax profit increased to US$9.6 billion, in-line with US$9.7 billion estimated by analysts, compared with US$7.3 billion a year earlier. The buy-back amount for the third quarter was in line with analysts’ estimates. More to follow …

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