HSBC shares drop 5.6% despite strong third-quarter profit, US$1b share buy-back
After publishing: 1 headline quietly rewritten1 change
- South China Morning Postseen 29 Oct, 03:05headline rewritten
Standard Chartered shares jump 8% after third-quarter earnings beat forecastStandard Chartered shares close 7.6% higher after third-quarter earnings beat forecast
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3 reports left out of the cascade - too little in common with the story to place
How it spread - 7 original reports
Tue, 27 October 2026
5 reports- South China Morning Post04:27
Shares of HSBC dropped more than 5 per cent on Tuesday even as Hong Kong’s biggest lender reported a 32 per cent rise in third quarter pre-tax profits and announced a new round of share buy-backs worth US$1 billion. 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. The bank will also pay a...
- cityam.com07:21first to report
HSBC laid out plans for a $1bn buyback following a revenue miss in its third-quarter after interest income and wealth division lagged behind forecast.
- indiatimes.com07:56
HSBC has announced a remarkable 32% rise in pretax profits for the third quarter, totaling $9.6 billion. This surge is attributed to increased interest rates and a decrease in anticipated credit losses, significantly boosting profitability. However, despite these promising results and a share buyback initiative, the bank's shares saw a decline of over 3%. The interim dividend remains steady at $0.
- Anadolu Agency (AA)08:26
London-based lender's 3rd-quarter revenue rises $800M to $18.6B, driven by net interest income growth
- newburytoday.co.uk13:04
Pam Kaur, the banking group’s chief financial officer, said there was ‘no pressure’ on the bank despite facing the prospect of higher costs.
Wed, 28 October 2026
1 report- South China Morning Post04:28edited after publishing
previously
Standard Chartered shares jump 8% after third-quarter earnings beat forecastStandard Chartered’s third-quarter net profit rose 46 per cent as strong growth in wealth management and lower credit impairment buffered one of Hong Kong’s three note-issuing banks from provisions linked to geopolitical tensions. The bank’s shares surged as much as 8.7 per cent after the earnings report was released, before paring gains to close 7.6 per cent higher at HK$219.80 on Wednesday. Net profit increased to US$1.5 billion, or 68.9 US cents per share, in the quarter that ended on...
Fri, 30 October 2026
1 report- cityam.com07:34
Natwest posted a jump in its wealth divison's income and profit as part of a third-quarter update on Friday.