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HSBC profit tumbles

HSBC Quarterly Profit Slumps, Announces $3 Billion Buyback

The London-based bank reported a drop in second-quarter net profit and said it plans to initiate a share buyback of up to $3 billion.

Reuters · 3h

HSBC profit tumbles as China losses mount

HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global restructuring.

The Financial Times · 7h

HSBC profits slide 29% on hit from China and restructuring

Europe’s largest lender HSBC reported lower than expected pre-tax profits of $6.3bn in the second quarter, as it recorded a $2.1bn impairment related to the dilution of its stake in China’s Bank of Communications.

UBS posts net profit beat

Wall Street Journal · 7h

UBS Net Profit Beats Expectations

The banking giant reported second-quarter net profit that more than doubled on year and said the integration of Credit Suisse remains on track.

The Financial Times · 6h

UBS profit jumps more than expected to $2.4bn

UBS profit rose more than expected to $2.4bn in the second quarter, bolstered by wealth management and trading revenues amid heavy volatility in global markets. The Swiss bank’s net profit was more than double the same period last year and higher than the $2.

Bloomberg L.P. · 7h

UBS Second Quarter Profit Beats Estimates as Outlook Brightens

UBS Group AG posted higher than expected profit in the second quarter, and signaled that the prospect of cooling global trade tensions should support results as investor activity revives.

Rio Tinto logs smallest first-half profit in five years on lower iron ore prices

Rio Tinto reported its smallest first-half underlying profit since 2020 and lowest interim dividend in seven years on ...

Humana Reports $545 Million Profit As Costs Land Within Expectations

Humana Wednesday reported $545 million in second quarter profits as the health insurer’s medical cost trends fell in line ...

39m

Scotts Miracle-Gro 3Q Profit Jumps Despite Slip in Sales

Scotts Miracle-Gro recorded a bigger profit despite slightly lower revenue in its fiscal third quarter as costs came down and it sold higher-margin products. The maker of lawn-care products on ...

2hon MSN

Panasonic Energy Q1 profit grows 47% year-on-year on AI boom

Panasonic on Wednesday said first-quarter operating profit at its battery-making unit grew 47% as an AI investment boom ...

Why Entrepreneurial Wealth Is Really About Freedom, Not Just Profit

According to the Exit Planning Institute, owner dependence is one of the biggest drags on business value: “A business that is ...

BAE upgrades profit guidance on back of higher military spending

BAE Systems has lifted its sales and profit outlook for the full year as higher military spending by governments in the face ...

Chinese battery maker CATL reports faster profit growth in second quarter

Chinese electric vehicle battery giant CATL 's net profit grew at a faster rate in the second quarter of 2025, even as it ...

The Financial Express18m

M&M Q1 Results: Profit rises 24.39% to Rs 4,083.32 crore; Auto and Farm biz drive growth

Mahindra & Mahindra reported a strong Q1 with a 24.39 per cent YoY rise in profit to Rs 4,083.32 crore. Revenue grew 22.77 ...

2hon MSN

Costs to fix cladding wipe out Taylor Wimpey's profit

The housebuilder swung to a loss largely due to a rise in the cost of cladding fixes as its sales rate dropped.

Panasonic's battery-making energy unit books 47% y/y growth in Q1 profit

Panasonic on Wednesday said operating profit at its battery-making energy unit grew strongly in the first-quarter due to the ...

1hon MSN

Altria Posts Earnings Beat and Lifts Low End of Full-Year Profit Guidance

Altria Group stock was rising Wednesday after the tobacco company reported quarterly earnings that beat expectations and ...

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