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HSBC beats earnings estimates, announces $1B buyback and raises cost-cutting target to $2B

HSBC reported $10.1B in Q2 pretax profit, beating estimates, while announcing a $1B buyback and raising its cost-cutting target to $2B amid

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HSBC beats earnings estimates, announces $1B buyback and raises cost-cutting target to $2B

HSBC posted $10.1B pretax profit beating $9.5B consensus, resuming $1B buyback and raising cost-cut target to $2B. The lender is launching HKD stablecoin and expanding tokenized deposits into the US, positioning as institutional-grade blockchain infrastructure player.

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martedì 4 agosto 2026·scmp.com
Developing | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.
martedì 4 agosto 2026·scmp.com
Breaking | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.

HSBC beats earnings estimates, announces $1B buyback and raises cost-cutting target to $2B

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HSBC beats earnings estimates, announces $1B buyback and raises cost-cutting target to $2B

Timeline cronologica

Developing | HSBC sets aside US$1 billion for first share buy-back since October

Breaking | HSBC sets aside US$1 billion for first share buy-back since October

HSBC Beats Earnings Forecast, Raises Cost-Savings Target

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HSBC Beats Earnings Forecast, Raises Cost-Savings Target

HSBC announces share buy-back of up to $1 billion - Latest News

HSBC resumes buyback after big profit jump in first half

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HSBC chief says ‘UK growth needs strong banks’ after profits swell by 23%

HSBC restarts buybacks after rates and wealth boost H1 profit

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Calls for bank tax to be increased as HSBC reports £14billion profit

HSBC beats earnings estimates, announces $1B buyback and raises cost-cutting target to $2B

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