HSBC Posts Flat Quarterly Net Profit
The London-based bank said first-quarter net profit was largely flat as higher credit charges amid the Middle East conflict offset the strength in its Hong Kong, U.K. and wealth businesses.
HSBC profit falls amid war impact
- HSBC profit underwhelms on surprise $400 million private credit loss ๐น Reuters — ยท 1min
- HSBC Non-GAAP EPS of $0.44 misses by $1.72, revenue of $18.62B beats by $80M; updates FY26 outlook Seeking Alpha —
- HSBC profits fall amid $400m fraud-related charge and Iran war The Guardian —
- HSBC profits fall on higher credit charges Financial Times —
- HSBC profits fall slightly despite strong wealth and Hong Kong business growth The Argus —