News Formal

HSBC beats expectations in first quarter earnings; Group CEO Noel Quinn to retire

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Banks News

Markets,Breaking News: Markets,Earnings

HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

The HSBC Holding logo is being displayed on a smartphone with HSBC visible in the background in this photo illustration taken in Brussels, Belgium, on February 20, 2024.HSBC beat expectations in its first quarter earnings report on Tuesday.

Pretax profit in the January to March period came in at $12.7 billion compared to the $12.88 billion seen in same period last year but beating the $12.61 billion forecast from analyst estimates compiled by the bank.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CEO Talks: L.L. Bean CEO Talks Importance of Summer, U.S. Market and Tote BagsL.L. Bean's fiscal 2023 sales were $1.7 million, a slight decline compared to $1.8 million for the previous fiscal year.
Source: wwd - 🏆 24. / 68 Read more »