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HSBC quarterly profit soars to $10.1bn, buybacks resume on Hong Kong wealth and insurance lift

8/4/2026

$10.1bn in quarterly profit puts HSBC back in the share buyback market. Wealth management and insurance operations in Hong Kong drove the result for Europe's biggest lender.

Buyback resumption HSBC has restarted its share repurchase program. The $10.1bn quarterly earnings provide the basis for the return of buybacks, which the bank had previously halted.

The resumption is a direct consequence of the quarterly performance, not a standalone capital decision made independently of it.

Hong Kong as the profit engine Wealth management and insurance in Hong Kong provided the primary boost.

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