# HSBC's third-quarter profit jumps 32%, launches buyback of up to $1 billion

https://mins.news/en/item/116812

- Reuters, 2026-10-27 04:30 UTC
- Economy
- Original: https://www.reuters.com/business/finance/hsbcs-third-quarter-profit-jumps-32-line-with-estimates-2026-10-27/?link_source=ta_bluesky_link&taid=6ae028dd53aa080001e5271f

> HSBC said on Tuesday that third-quarter profit rose 32%, supported by higher interest rates and net interest income, as well as the absence of legal provisions booked in the same period a year earlier. It also launched a buyback of up to $1 billion.

## Related coverage

- [HSBC reports 32% rise in third-quarter pre-tax profit, announces $1 billion buyback](https://mins.news/en/item/116815) — South China Morning Post, 2026-10-27
- [HSBC’s third-quarter pretax profit matches estimates, lifted by net interest income](https://mins.news/en/item/116809) — CNBC, 2026-10-27