HSBC reported Q1 2026 EPS of $0.44, far below the $2.14 forecast, a 79.44% negative surprise.
Revenue reached $18.62 bn, marginally beating the $18.53 bn estimate, driven by banking net interest income.
Despite the earnings miss, the stock rose 1.41% in pre‑market trading, moving from $90.13 to $91.40.
HSBC maintained its quarterly dividend at $0.10 per share and upgraded banking NII guidance to about $46 bn.