Stock Track | HSBC Soars 5.33% in Pre-Market as Annual Profit Beats Estimates, Bank Raises Key Targets and Declares Dividend

Stock Track18:53

HSBC Holdings PLC's stock surged 5.33% during pre-market trading, marking a significant 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 reported attributable profit of $21.1 billion for 2025, topping its estimate of $20.3 billion. The bank simultaneously lifted its key profitability target, aiming for a return on tangible equity of 17% or better over the next three years, up from its previous mid-teens goal, 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, with one market commentary noting HSBC has "explosive potential" and that its strategic plan is bearing fruit.

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