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HSBC Reports 32% Rise in Q3 Pretax Profit and Announces $1B Buyback

HSBC announced third-quarter pretax profit up 32% to $9.6 billion, in line with analyst estimates, along with a share buyback of up to $1 billion, though its stock fell 6.5% after reports of missed estimates.

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Oct 27, 4:23 AM qz.com HSBC announced a buyback of up to $1 billion, but its stock fell 6.5% after missing estimates
Oct 26, 9:27 PM scmp.com HSBC reports 32% increase in third quarter pre-tax profits, announces US$1b share buy-back
Oct 26, 9:18 PM ft.com HSBC quarterly profits surge 32% on higher rates
Oct 26, 9:16 PM cnbc.com HSBC reports third-quarter pretax profit in line with estimates on net income boost