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HSBC: Q1 Earnings Snapshot

LONDON (AP) — LONDON (AP) — HSBC Holdings PLC (HSBC) on Tuesday reported net income of $6.94 billion in its first quarter.

The bank, based in London, said it had earnings of $2 per share. Earnings, adjusted for non-recurring costs, came to $2.20 per share.

The bank posted revenue of $33.84 billion in the period. Its revenue net of interest expense was $19.13 billion, which beat Street forecasts.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/HSBC

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