HSBC first-quarter pre-tax profit misses estimates on larger-than-expected credit losses
Upstract [Unofficial]
May 5, 2026
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates on the back of larger-than-expected credit losses and other impairment charges. HSBC's revenue gained 6%, year on year, exceeding estimates. Here are HSBC's…
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