Stock Track | HSBC Holdings Soars 5.03% as Annual Profit Tops Expectations, Bank Raises Key Targets and Declares Dividend

Stock Track16:09

HSBC Holdings PLC's stock surged 5.03% during pre-market and intraday trading, marking a significant 24-hour gain for the global banking giant.

The sharp rise follows the release of the bank's 2025 annual results, which revealed a profit beat despite a year-over-year decline. HSBC's pretax profit of $29.91 billion exceeded analyst consensus, driven by robust net interest income and a 24% climb in wealth fee income. The bank simultaneously lifted its key profitability target, aiming for a return on tangible equity of 17% or better over the next three years, and declared a substantial fourth interim dividend.

Investor sentiment was further bolstered by management's confident guidance, including an expectation for net interest income to reach at least $45 billion in 2026 and confirmation that cost-reduction goals are being achieved ahead of schedule. Analysts highlighted the strong underlying performance and upgraded targets as positive catalysts for the stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment