HSBC Holdings stock reports higher profit after strong first half

HSBC Holdings stock (ISIN GB0005405286) stood at GBp 1,514.60 on the London Stock Exchange on September 24, 2026, up GBp 5.20 from the prior quote. The bank's first-half pre-tax profit rose 23 percent to USD 19.52 billion, giving the share price a stronger earnings backdrop.

Profit growth accelerates in 1H26

For the six months ended June 30, 2026, revenue increased 11 percent to USD 37.7 billion, while pre-tax profit reached USD 19.52 billion, according to ii. The comparison matters because profit expanded more than twice as fast as revenue, pointing to stronger operating leverage in the period.

Return on tangible equity rose to 18.2 percent from 14.7 percent, a 3.5 percentage point improvement. At the same time, the CET1 ratio declined to 14.1 percent from 14.9 percent, leaving capital strength as the main counterweight to the earnings improvement.

Dividend and buyback support returns

HSBC declared a second interim dividend of USD 0.10 per share and reported total first-half dividends of USD 0.20 per share, unchanged from the first half of 2025, according to ii. The bank also set a new share buyback of up to USD 1 billion, with execution targeted by its third-quarter results.

The capital-return plan sits alongside a medium-term target of 17 percent or better average ROTE for 2026 through 2028. That target is above the 18.2 percent first-half result, although the lower CET1 ratio shows that earnings growth and capital distribution remain linked.

HSBC stock trades higher in London

HSBC Holdings stock stood at GBp 1,514.60 on the London Stock Exchange at 12:34 a.m. GMT on September 24, 2026, up GBp 5.20 on the session. The bank's investor page also lists its third-quarter 2026 earnings release for October 27, 2026, according to HSBC.

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