HSBC stock: Q3 profit rises as targets and buyback hold
Published on 11/05/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHSBC combines growth and capital returns
- Third-quarter revenue excluding notable items rose 5 percent to 18.7 billion US dollars.
- HSBC retained its return, revenue and dividend payout targets through 2028.
- The board approved a 10 US cent interim dividend and plans another buyback of up to 1 billion US dollars.
HSBC Holdings reported stronger third-quarter results on October 27, 2026, while retaining its financial targets. The bank also approved a third interim dividend and outlined another share buyback, giving investors a fresh update on earnings and capital returns.
Profit growth included notable effects
In its 3Q26 earnings release, HSBC said reported profit before tax rose 32 percent year on year to 9.6 billion US dollars. The comparison benefited from the absence of 1.4 billion US dollars in legal provisions recorded in the third quarter of 2025.
Excluding notable items and on a constant-currency basis, profit before tax increased by 0.9 billion US dollars to 10.0 billion US dollars. Revenue excluding notable items rose 5 percent to 18.7 billion US dollars, while reported revenue reached 18.6 billion US dollars.
Buyback supports shareholder returns
The board approved a third interim dividend of 10 US cents per share. HSBC completed a previous 1 billion US dollar buyback on September 28 and intends to begin another repurchase of up to 1 billion US dollars, which it expects to complete by the 2026 full-year results announcement.
Management maintained its target for banking net interest income of at least 46 billion US dollars in 2026. It also kept its targets for return on tangible equity of 17 percent or better through 2028 and a 50 percent dividend payout ratio through 2028, excluding specified notable items and related impacts.
HSBC stock trades below prior Xetra close
HSBC stock traded at 15.51 euros on Lang & Schwarz at 17:12 CET on Thursday, November 5, 2026, 1.84 percent below the Xetra close of Wednesday, November 4. The real-time quote of HSBC stock reflects the current European trading picture.
HSBC Holdings market facts
- Company: HSBC Holdings plc
- ISIN: GB0005405286
- Xetra ticker: HBC1.DE
- Lang & Schwarz quote: 15.51 euros at 17:12 CET on November 5, 2026
- Change versus prior Xetra close: -1.84 percent versus 15.80 euros on November 4, 2026
UK equities provide the broader backdrop, with further context in the FTSE 100 market reports.
For more company-specific coverage, see More news and analyses on HSBC stock.
