Today news
About the same in other media
10.11 - 19:22
HSBC is set to report third-quarter earnings today. Here's what to expect
Reading now: 845
cnbc.comIn this article
HSBC is scheduled to release its financial report card for the third quarter at noon Hong Kong/Singapore time on Monday.
Analysts expect the Asia-focused bank to report another quarter of profit gains as the global economy recovers from a slump caused by the Covid-19 pandemic.
HSBC's reported pre-tax profit for the third quarter is forecast to jump 22.8% on year to $3.776 billion, according to analyst estimates compiled by the bank.
Revenue is expected to grow by 3.1% on year to $12.3 billion, according to the estimates.
Investors will be looking forward to the bank's announcement on dividends and plans for share buybacks, said Jackson Wong, asset management director at Amber Hill Capital.
«A lot of things are going on in
Read more on cnbc.comAbout this in other media
ABN AMRO reports improved profit for third quarter fnlondon.com /3 years ago
Bitcoin and Ethereum Correct Gains, Major Altcoins Turn Red cryptonews.com /3 years ago
Cryptocurrency Prices Today: Bitcoin, Ethereum fall, Cardano surges over 4% moneycontrol.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
