HSBC HSBC Holdings plc

BofA Securities named HSBC its top banking-sector pick for the year and said it is most bullish on NatWest ahead of Q3 earnings. Analyst Perlie Mong expects mixed results for UK banks, with higher interest rates and solid loan growth supporting net interest income, although benefits may take time to materialize and fee income remains uneven. BofA maintained Buy ratings on HSBC, NatWest and Lloyds, and Neutral on Barclays, with unchanged price targets. HSBC: BofA sees the bank well positioned to benefit from higher rates and strong Hong Kong deposit growth. Deposits rose 9–10% in July and August, while loans grew around 8%; wealth management is expected to maintain double-digit growth. However, Hong Kong Stock Exchange trading volumes fell approximately 11% year over year, and southbound flows dropped 30%. An estimated $2B capital impact from the HTCNS portfolio limits buyback potential, with BofA forecasting a $1B repurchase versus the $1.6B consensus. $HSBC $BAC

$HSBC Reported today: EPS of $2.10 vs. $2.20 expected (−4.5%, missed). Revenue of $18.7B vs. $19B expected (−1.6%, missed). I used Stock Meadow’s earnings dashboard to review the results.

$HSBC Can HSBC keep $1BN buybacks going with its CET1 ratio at 13.9%, below its 14% to 14.5% target range? 🏢 HSBC, the UK-headquartered, Asia-focused bank, reported Q3 2026 pretax profit up 32% to $9.6bn, mostly from not repeating $1.4bn of Q3 2025 legal provisions, but its CET1 capital ratio fell 0.2 points from June to 13.9%, below the 14% to 14.5% range it aims to run at 📉 The $9.6bn also missed the $9.7bn company-compiled estimate reported by Bloomberg 📈 On the other side, HSBC says its latest modelling points to final Basel 3.1 rules lifting CET1 by about 40-50bps on 1 January 2027, though the final impact depends on model refinements and supervisory permissions, and Q3 return on tangible equity excluding notable items was 18.2%, above its 17%-or-better target 📅 Next: ADSs go ex-dividend on 6 November 2026 and the $0.50 per ADS dividend is paid on 17 December 2026 Source: SEC 6-K, Oct 27 + Bloomberg

$HSBC Q3 pretax profit rose 32% to 9.63 billion dollars, but 1.4 billion dollars of legal provisions from a year ago not repeating is a big chunk of that. Excluding notable items, pretax was 10.0 billion dollars, up about 10% in constant currency. Revenue was 18.6 billion dollars, up 5% and below the roughly 19 billion dollars expected (Reuters). Wealth revenue was flat at 2.7 billion dollars after growing 15% and 23% in the first two quarters. Net interest income rose 6% to 9.31 billion dollars and they announced another buyback of up to 1 billion dollars, plus a 10 cent dividend. Hong Kong shares still fell about 6%.

$HSBC nice 2026, although a recent selloff from 100’s to low 90’s. If here long enough it can be worth riding out after the gains witness and dividend