Business

HSBC Reports Missed Profit Estimates

Updated 2026-05-05 04:15 UTC 1 source Negative

HSBC reported a first-quarter pre-tax profit of $9.4 billion, slightly below analysts' expectations due to higher credit losses.

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CNBC
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.
2026-05-05 04:13 UTC
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