HSBC Holdings PLC ADR

HSBC: XNYS (USA)

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HSBC Earnings: Higher Rates Still Support NII Growth Despite Deposit Competition; Shares Undervalued

Kathy Chan

Oct 28, 2026

HSBC's third-quarter pretax profit excluding notable items rose 10% year on year on higher net interest income and cost discipline. Guidance was unchanged, and HSBC announced a further USD 1 billion buyback. Shares fell 6% on Oct. 28 after the results.

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HSBC Holdings PLC ADR

HSBC Earnings: Higher Rates Still Support NII Growth Despite Deposit Competition; Shares Undervalued

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