HSBC 1H26 Profit Before Tax $19.5B (+23%); Revenue $37.7B (+11%); $1B Buyback

HSBC Holdings plc reported strong interim results for the first half of 2026, with profit before tax increasing by 23% to $19.5bn and revenue growing by 11% to $37.7bn compared to 1H25. The bank achieved an annualized Return on Average Tangible Equity (RoTE) of 18.2%, or 19.1% excluding notable items. The Board approved a second interim dividend of $0.10 per share and announced an intention to initiate a share buy-back of up to $1bn. The company also raised its outlook for 2026 banking Net Interest Income (NII) to at least $46bn, reflecting a continued favorable interest rate environment.