HSBC 3Q26 profit before tax jumps 32% year over year to $9.63 billion
HSBC•HSBC’s third-quarter 2026 profit before tax rose 32% year over year to $9.63 billion, primarily reflecting the non-recurrence of prior-year legal provisions. The bank declared a $0.10-per-share interim dividend and plans a buyback of up to $1 billion.
1. Quarterly results
Revenue rose 5% year over year to $18.62 billion, and net interest income climbed 6% to $9.31 billion. Operating expenses fell 12% to $8.82 billion, mainly because prior-year legal provisions did not recur. Expected credit losses declined 17% to $832 million, primarily reflecting lower Hong Kong commercial real estate charges.
2. Dividend and buyback
HSBC declared a third interim dividend for 2026 of $0.10 per share and plans another share buyback of up to $1 billion.
