Goldman Sachs has revised HSBC Holdings' net interest income guidance for 2025, following a strong third-quarter performance. HSBC reported a pre-tax profit of $9.1 billion, surpassing expectations due to increased net interest income across its banking and non-banking segments. The bank has also raised its tangible return on equity target for fiscal 2025 to the mid-teens, while keeping its cost and credit cost targets unchanged.
Goldman Sachs Boosts HSBC's 2025 Net Interest Income Forecast
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
