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HSBC (5 HK) Q2 (USD) pre-tax profit 10.1bln (exp. 9.5bln), approves second interim dividend of USD 0.10/shr, announces up to USD 1bln share buyback

StockNow breaking-news AI analysis

HSBC exceeded Q2 expectations with a USD 10.1bn profit and strong H1 growth, while advancing shareholder returns through dividends, buybacks, and a strategic shift away from non-core retail markets.

News detail

H1 pre-tax profit rose 23% Y/Y to USD 19.5bln.

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