For the second quarter of 2026, analysts anticipate HSBC will report a consensus revenue of $18.79 billion and EPS of $2.28, as the stock trades at $103.40 against an average price target of $114.63.

Investors are primarily focused on the bank's Banking Net Interest Income (Banking NII) guidance, which was recently upgraded to approximately $46 billion for the full year 2026.

This optimism follows a robust start to the year where revenue growth in the wealth management and Asian segments offset higher credit impairment charges linked to commercial real estate. Analysts are also monitoring for updates on further share buybacks following the completion of previous multi-billion dollar programs.