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HSBC First-Half 2026 Profit Rises 23% to US$19.5 Billion
['Fintech News Singapore']
Fintech Singapore
Profit after tax rose 23% to US$15.3 billion, while revenue grew 11% to US$37.7 billion.
Excluding notable items and currency movements, profit before tax rose by US$1.1 billion to US$20.4 billion.
Wealth and Net Interest Income Drive GrowthBanking net interest income increased by US$1.6 billion to US$22.9 billion, supported by deposit growth and higher structural hedge returns.
HSBC Raises 2026 Net Interest Income OutlookSecond-quarter profit before tax jumped 60% year on year to US$10.1 billion, while revenue rose to US$19.1 billion.
The bank raised its 2026 banking net interest income guidance to at least US$46 billion, from around US$46 billion previously.