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HSBC first-half profit jumps 23% as bank lifts guidance and launches buyback

· Business GBRHKG

HSBC reported a first-half pre-tax profit of $19.5 billion, a 23% increase, beating market expectations as second-quarter revenue gained 16% year-on-year to $19.1 billion. Profit attributable to shareholders rose 27% to $14.6 billion for the first half.

The bank raised its 2026 banking net interest income guidance to at least $46 billion and lifted its cost savings target to $2 billion from $1.5 billion. Second-quarter net interest income rose 9% to $9.29 billion, while the annualized return on tangible equity stood at 18.2%. Results included $400 million in losses linked to a British financial sponsor fraud.

HSBC approved a second interim dividend of 10 cents per share and announced a share buyback of up to $1 billion, expected to complete by the third-quarter results. Shares fell 0.42% in Hong Kong trading following the announcement.

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The reporting this story is built on

cnbc.com USA HSBC pretax profit beats estimates, boosted by higher net interest income and feesfinance.yahoo.com USA HSBC H1 2026 earnings beat estimates, resumes share buybackseuronews.com HSBC profit jumps as bank unveils major share buyback planstandard.co.uk GBR HSBC first-half profits surge by 23% to £19.5 billionjornaldenegocios.pt PRT Lucro do HSBC sobe 27,1% no primeiro semestre para 12 mil milhões de euros
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Others reporting the same event

finanzen.ch CHE HSBC spitzt nach gutem Quartal den Rotstift - Wieder Aktienrückkaufhandelsblatt.com DEU Banken: HSBC übertrifft Erwartungen und nimmt Aktienrückkäufe wieder aufelpais.com ESP HSBC empieza a cotizar como si nada pudiera salir mal

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