HSBC stock indicates 1.69% gain to EUR 16.27
Published on 11/10/2026 at 07:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat HSBC Investors Should Watch
- HSBC reported 5% third-quarter 2026 revenue growth to USD 18.7 billion and maintained its full-year performance guidance.
- Management is targeting 1% cost growth in 2026 while pursuing organizational simplification savings.
- Asian wealth management generated USD 38 billion in net new money during the quarter, taking the year-to-date inflow above USD 95 billion.
HSBC stock traded at 16.27 euros on Lang & Schwarz at 07:46 CET on Tuesday, November 10, 2026, 1.69 percent above the Xetra close of Monday, November 9, at EUR 16.00.
Third-Quarter Momentum Supports Outlook
HSBC reported broad-based third-quarter 2026 revenue growth of 5 percent to USD 18.7 billion and reiterated its full-year performance guidance. The figures were reported by The Motley Fool after the bank's October 27 earnings call.
Cost control remains a central part of the plan. HSBC is targeting annual cost growth of 1 percent in 2026 as organizational simplification savings take effect. Management also said all four businesses grew deposits and delivered annualized returns on tangible equity above 17 percent, excluding notable items.
Asian wealth management is another growth driver. Net new money reached USD 38 billion in the quarter, lifting the year-to-date total above USD 95 billion. The inflows strengthen fee-based revenues, although the banking group remains exposed to interest-rate and deposit-pricing pressure.
The wider UK market can be followed through the FTSE 100.
