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<Foresight>Brokers Expect HSBC HOLDINGS 1Q Alternative Adj. PBT to Be USD9.5-10.1B+; Focus on Operation & Shareholder Return Guidance
HSBC HOLDINGS (00005.HK) is set to announce its 1Q26 results next Tuesday (5th). As HIBOR fell during the period, net interest income is expected to decline. Based on forecasts fro...
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<Foresight>Brokers Expect HSBC HOLDINGS 1Q Alternative Adj. PBT to Be USD9.5-10.1B+; Focus on Operation & Shareholder Return Guidance
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HSBC HOLDINGS (00005.HK)  +3.000 (+2.140%)    Short selling $980.81M; Ratio 37.406%   is set to announce its 1Q26 results next Tuesday (5th). As HIBOR fell during the period, net interest income is expected to decline.

Based on forecasts from three brokers as compiled by our reporters, HSBC HOLDINGS' 1Q26 profit before tax (PBT) on a constant exchange rate basis excluding notable items and strategic trading in alternative performance measures is projected to range from US$9.574 billion to US$10.172 billion, representing a YoY increase of -2% to +4.2% from US$9.766 billion in the same period last year.

Related News HSBC HOLDINGS (00005.HK) Investment Ratings and TPs (Table)
Morgan Stanley and Goldman Sachs forecasted that HSBC HOLDINGS' 1Q26 reported PBT to range from US$9.296 billion to US$9.324 billion, down 1.7-2% YoY.

The market will focus on the performance of HSBC HOLDINGS' wealth management and market businesses, the impact of the situation in the Middle East on credit quality and operational strategy, as well as the core Tier 1 capital adequacy ratio and guidance on dividends and share buybacks.

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Related News M Stanley Expects HK Banks' 1Q26 Net Interest Income to Face QoQ Pressure, Offset by Strong Market-Related Income
Broker│1Q26 PBT on Constant Exchange Rate Basis Excluding Notable Items and Strategic Trading in Alternative Performance Measures│ YoY Change
JPMorgan│US$10.172 billion│+4.2%
Goldman Sachs | US$9.746 billion | -0.2%
Morgan Stanley | US$9.574 billion | -2%

Calculated based on the Company’s 1Q25 PBT on a constant exchange rate basis excluding notable items and strategic trading in alternative performance measures of US$9.766 billion
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.)

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