HSBC stock approaches October 27 results after 23 percent H1 profit growth
Published on 10/06/2026 at 13:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
HSBC Holdings (ISIN GB0005405286) closed at GBp 1,459.00 on the LSE on October 5, 2026, up 1.16 percent from GBp 1,442.20. The bank's next scheduled report is its third-quarter 2026 earnings release on October 27, 2026, according to HSBC.
October 27 results set the next test
The October release will give investors a fresh read on revenue, credit costs and capital after a profitable first half. HSBC's investor calendar also lists annual results for February 23, 2027, making the October report the next scheduled checkpoint in the bank's reporting cycle.
First half delivered 23 percent growth
For the six months ended June 30, 2026, HSBC reported revenue of USD 37.7 billion, up 11 percent from USD 34.1 billion in the comparable period. Profit before tax increased 23 percent to USD 19.5 billion from USD 15.8 billion, according to MetaTrader.
The quality of that growth matters. Return on tangible equity rose to 18.2 percent from 14.7 percent, while the cost efficiency ratio improved to 46.2 percent from 49.9 percent in the same half-year comparison.
Credit costs and capital need attention
Expected credit losses increased to USD 2.4 billion from USD 1.9 billion in the first half of 2025. The same report places HSBC's CET1 ratio at 14.1 percent, down from 14.9 percent at December 2025, leaving the October update important for assessing earnings quality and balance-sheet resilience.
HSBC also reaffirmed a RoTE target of 17 percent or better for 2026 through 2028, excluding notable items, and expects full-year 2026 banking net interest income of at least USD 46 billion, according to MetaTrader.
Consensus stays at Hold
MarketBeat reports a Hold consensus from 16 research firms covering HSBC, with 11 Hold, three Buy and two Sell ratings and an average twelve-month NYSE target of USD 97.00. BNP Paribas Exane cut its target from USD 100.50 to USD 97.00 and downgraded HSBC from Hold to Strong Sell on August 4, 2026.
HSBC stock stays below its yearly high
HSBC stock closed 11.77 percent below its LSE 52-week high of GBp 1,653.40 on October 5, 2026. The same session ranged from GBp 1,428.60 to GBp 1,463.20, with volume of 14.65 million shares, keeping the upcoming results as the next company-specific measure of whether first-half profitability can continue.
HSBC stock facts
- Company: HSBC Holdings plc
- ISIN: GB0005405286
- Ticker: HSBA.L
- Trading venue: LSE
- Price (as of October 5, 2026): Closing price GBp 1,459.00
- 52-week range: GBp 959.29-1,653.40
- Sector / Industry: Financials / Banks
Upcoming dates for HSBC stock
- October 27, 2026: HSBC Holdings plc 3Q 2026 earnings release
- February 23, 2027: HSBC Holdings plc annual results 2026
