<div id="readability-page-1">  <p><time datetime="2026-05-05T07:29:04+01:00">    Tuesday 05 May 2026 7:29 am  </time></p>         <div>                                                                                                                 Add as a preferred        source on Google                        </div>    <figure>    <div>       </div> <img width="742" height="495" src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/05/HSBC-1200-x800-2.jpeg/query-dz03NDI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/05/HSBC-1200-x800-2.jpeg/query-dz03NDI"/>  <figcaption>HSBC gave its first quarter update on Tuesday.</figcaption> </figure> <p>HSBC missed its profit target in the first quarter of the year after the blue-chip lender booked a mammoth credit charge. </p><p>The FTSE 100 giant – which boasts a huge £230bn market cap – recorded a pre-tax profit of $9.4bn (£6.5bn), missing the $9.6bn pencilled in by analysts. This figure is also down $100m on the sum recorded for the same period last year.</p><p>The fall came despite revenue notching six per cent growth at $18.6bn following a continued strong performance in the bank’s wealth division.</p><p>Net new money for the wealth arm topped $39bn in the quarter, with the lion’s share of $34bn of this coming Asia.</p><p>HSBC’s net interest margin reached 1.6 per cent, just a basis point higher than last year. But the bank upgraded its net interest income target to around $46bn for 2026, from “at least $45bn” previously.</p><p>It comes after the Iran was fanned inflationary fears across the globe, leaving central banks hesitant to take the chop to interest rates.</p><h2 id="h-hsbc-posts-surge-in-credit-charges">HSBC posts surge in credit charges</h2><p>But a major portion of this growth was offset by the $1.3bn credit charge recorded by the bank.</p><p>The figure was a major jump on the $400m charge recorded in the first quarter of 2025. Around $300m of the new hit was put down to the conflict in the Middle East.</p><p>HSBC downgraded its 2026 credit charge to 45 ​basis points of average gross loans, from 40 basis point previously, as the bank pointed to “ongoing uncertainty in the outlook”.</p><p>Meanwhile, the lender also recorded a $400m fraud-related charge in the UK. It did not identify the company involved.</p><p>The bank said it had a total of $3bn in exposure to such securitisation financing, which refers to the pooling of various types of contractual debt, such as residential mortgages, commercial loans, or auto loans, and selling them as tradeable securities to investors.</p><p>The surge in provisions continued a trend seen across the London market’s top banking giants throughout reporting season.</p><p>The FTSE 100’s Big Five – which counts HSBC alongside its peers Natwest, Standard Chartered, Lloyds and Barclays – all hiked loan loss provisions in the quarter on the account of market volatility.</p><p>Barclays set aside £823m for potential loan losses, up from £643m in the same period last year, in a stark sign the firm was bracing for an economic crunch. But, in a similar case to HSBC, a significant portion of this at £228m was driven by a UK fraud charge, relating to Barclays’ exposure to MFS.</p><p>Lloyds set aside £295m for sour loans, which £101m was attributed to the “deterioration in economic outlook as a result of the Middle East conflict”. Standard Chartered booked $296m in credit impairment charges, with $190m of this related to Iran war “overlays”.</p> </div>

滙豐

匯豐控股有限公司

匯豐控股

HSBH

<p>滙豐在 2026 年第一季度報告了 94 億美元的税前利潤，未能達到分析師預期的 96 億美元，主要由於 13 億美元的信貸費用，遠高於去年同期的 4 億美元。儘管收入增長了 6%，達到 186 億美元，但伊朗衝突帶來的通脹擔憂影響了銀行的前景，導致英國主要銀行的貸款損失準備金增加。滙豐還將其 2026 年的淨利息收入目標上調至約 460 億美元，反映出持續的市場波動和不確定性</p>

HSBC profit drops after Iran war and private credit charges bite

- 滙豐銀行報告第一季度業績，預税利潤為 94 億美元，低於預期的 96 億美元。  
- 銀行因信用費用激增而大幅下調 2026 年信用費用預期。  
- 受全球通脹憂慮影響，各大銀行均上調貸款損失準備金。

滙豐的利潤因伊朗戰爭和私人信貸費用的影響而下降