Earnings ·
HSBC Holdings plc reported first-half 2026 profit before tax of $19.5 billion, a 23% increase year-over-year, driven…
HBCYFHSBC Holdings PLC
HSBC Holdings plc reported first-half 2026 profit before tax of $19.5 billion, a 23% increase year-over-year, driven by higher banking net interest income and fee revenue, partially offset by increased expected credit losses and operating expenses. The bank announced a second interim dividend of $0.10 per share and authorized a new share buyback program of up to $1 billion. CET1 capital ratio stood at 14.1%, while the company reaffirmed its long-term targets for return on average tangible equity and revenue growth.