HSBC revenue up 5% to $17 billion in Q3 - Breaking The News
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HSBC revenue up 5% to $17 billion in Q3

EPA-EFE/ANDY RAIN

HSBC Holdings plc reported a 5% increase in revenue to $17.0 billion for the third quarter of 2024, compared to the same period last year.

The bank's profit before tax increased by $0.8 billion to $8.5 billion year-on-year, while profit after tax grew by $0.5 billion to $6.7 billion.

"We delivered another good quarter, which shows that our strategy is working. There was strong revenue growth and good performances in Wealth and Wholesale Transaction Banking," said HSBC CEO Georges Elhedery.

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