HSBC Holdings PLC

HSBA: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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HSBC Earnings: Resilient Margins, but We Think Macro Risks Remain; Shares Fairly Valued

Lorraine Tan

Oct 28, 2025

HSBC's third-quarter results reflected resilient net interest margins, leading to more optimism in the company's guidance for net interest income and returns on tangible equity.

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HSBC Holdings PLC

HSBC Earnings: Resilient Margins, but We Think Macro Risks Remain; Shares Fairly Valued

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