HSBC Full-Year Profit Falls But Beats Estimates

HSBC announced its full-year profit fell by 7.4% but still managed to surpass analyst estimates, indicating a stronger-than-expected financial performance despite the decline.

25 Feb, 04:33 — 25 Feb, 04:33

Post Share

Sources

Showing 1 of 2 sources

cnbcMostly Factual64d ago

HSBC annual pre-tax profit drops over 7%, revenue jumps as bank's results top estimates

Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the bank's estimates.

Read full article →

Coverage Timeline

First report: channel-news-asia · 25 Feb, 04:10|Full coverage: 2 · 23m|Window: 23m

Left-leaningCenterRight-leaning

channel-news-asia25 Feb, 04:10First to report

HSBC full-year profit falls 7.4% but beats estimates

cnbc25 Feb, 04:33Latest update

PERSPECTA

PERSPECTA

HSBC Full-Year Profit Falls But Beats Estimates

Sources

HSBC annual pre-tax profit drops over 7%, revenue jumps as bank's results top estimates

Coverage Timeline

HSBC full-year profit falls 7.4% but beats estimates

HSBC annual pre-tax profit drops over 7%, revenue jumps as bank's results top estimates

Related Stories

Oil Jumps Above $100 After US-Iran Talks Fail

Pangasinan and BFAR Partner for Salt Industry Development

Philippine Senator Legarda Advocates for Proactive Climate Resilience

Philippine VP Duterte's Tax Records Under Scrutiny

PERSPECTA