# HSBC Reports 32% Profit Growth, Announces $1B Buyback

https://www.scmp.com/business/companies/article/3372244/hsbc-reports-32-increase-third-quarter-pre-tax-profits-announces-us1b-share-buy-back

HSBC reported 32% higher third quarter pre-tax profits. Profits rose to $9.6 billion, matching analyst estimates. The bank announced a $1 billion share buy-back.

Image: https://cdn.i-scmp.com/sites/default/files/styles/1280x720/public/d8/images/canvas/2026/10/27/b789feb9-1991-4ef1-8898-4816e0eb2574_3361970c.jpg?itok=_PWgoKYY&v=1793075248

#bank #profits #share #buyback

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Created: 2026-10-27T04:51:41.244975+00:00

Last edited: 2026-10-27T04:51:41.244975+00:00

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Origin: Syndicated

Original source: https://www.scmp.com/business/companies/article/3372244/hsbc-reports-32-increase-third-quarter-pre-tax-profits-announces-us1b-share-buy-back