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HSBC Delivers Strong 1Q26 Revenues Despite Higher Credit Costs and Expenses

Story Highlights
  • HSBC’s 1Q26 profit eased slightly as higher credit charges and costs offset solid revenue growth.
  • Wealth and banking NII drove strong returns, while capital remained robust and dividend rose.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HSBC Delivers Strong 1Q26 Revenues Despite Higher Credit Costs and Expenses

Meet Samuel – Your Personal Investing Prophet

HSBC Holdings ( (GB:HSBA) ) has issued an announcement.

HSBC reported first-quarter 2026 profit before tax of $9.4bn, slightly down year-on-year due to higher credit impairment charges, notable disposal-related losses, and rising operating expenses, despite a 6% rise in revenue to $18.6bn. Strong growth in wealth fees and banking net interest income lifted returns, with annualised RoTE reaching 17.3% (18.7% excluding notable items), while the bank increased lending, modestly grew deposits on a constant-currency basis, maintained a solid 14.0% CET1 ratio after the Hang Seng Bank privatisation impact, and declared a first interim dividend of $0.10 per share.

More about HSBC Holdings

HSBC Holdings plc is a global banking and financial services group headquartered in London, with a significant presence in Asia, particularly Hong Kong. The group operates across retail and commercial banking, wealth and personal banking, and corporate and institutional banking, focusing on international connectivity, wealth management, and trade finance for individuals, companies, and institutions worldwide.

For a thorough assessment of HSBA stock, go to TipRanks’ Stock Analysis page.

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