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HSBC's third-quarter profit drops 14%, but beats expectations on higher revenue, interest income
CNBC·2025-10-28 12:11

Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025.Europe's largest lender HSBC on Tuesday beat third-quarter profit expectations on the back of revenue growth, which included a rise in the bank's net interest income and a robust performance in its wealth segment.The bank's profit before tax for the three months ended in September was $7.3 billion, down nearly 14% from a year ago due to higher operating expenses, namely from notable items, including legal provision ...