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HSBC: Q1 Earnings Snapshot

HSBC: Q1 Earnings Snapshot

By AP News
Published - May 02, 2023, 10:24 AM ET
Last Updated - Jun 21, 2023, 11:57 PM EDT

LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Monday reported net income of $10.33 billion in its first quarter.

The London-based bank said it had earnings of $2.60 per share.

The bank posted revenue of $20.17 billion in the period. Its revenue net of interest expense was $20.17 billion, topping Street forecasts.

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