HSBC misses profit estimates as U.K. fraud charge and Middle East provisions weigh on results
Quartz
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The bank set aside $1.3 billion in credit losses, including $400 million tied to the collapse of U.K. mortgage lender Market Financial Solutions
HSBC profit falls amid war impact
- 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 Posts Flat Quarterly Net Profit Wall Street Journal —
- HSBC profit underwhelms on surprise $400 million private credit loss ๐น Reuters — ยท 1min