{
  "id": 16714941,
  "title": "HSBC says net profit jumps in third quarter but misses forecasts",
  "url": "https://urgent.news/2026/10/27/hsbc-says-net-profit-jumps-in-third-quarter-but-misses-forecasts-16714941",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T04:42:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/27/hsbc-says-net-profit-jumps-in-third-quarter-but-misses-forecasts"
  },
  "original_language": "en",
  "account": "HSBC reported a 45.5% year-on-year increase in net profit for the third quarter, reaching US$7 billion. The London-based bank's total revenue rose by US$800 million to US$18.6 billion. Pre-tax profit grew by 32% to US$9.6 billion. CEO Georges Elhedery stated that the bank's simplification efforts were enhancing capacity for investment, growth, and strong returns for shareholders. HSBC also announced a third interim dividend of US$0.10 per share and a second US$1 billion share buyback. The bank remains confident in meeting its targets set for 2026 to 2028, with a goal of 5% revenue growth in 2028 compared to 2027. HSBC expects at least US$46 billion in banking net interest income for 2025.",
  "summary": "Profit attributable to shareholders for the three months ended September stood at US$7 billion, up from US$4.87 billion a year earlier.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}