U.S.-listed shares of HSBC Holdings (HSBC) advanced Tuesday as the British financial firm's third-quarter results beat forecasts and it announced another $3 billion 澳洲幸运5官方开奖结果体彩网:stock buyback.

The bank reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.34, with revenue up 5% year-over-year to $17.00 billion. Both ex🌳ceeded consensus es👍timates of analysts polled by Visible Alpha.

Revenue was driven higher by growth at its Wealth and Personal Banking division, which jumped nearly 13% to $7.41 billion. Net fee income rose 4% to $3.12 bil⛄lion.

CEO Says 'Our Strategy Is Working'

"We delivered another good quarter, which shows that our strategy is working," HSBC Group 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Georges Elhedery said.

In a note to clients, Jefferies called the results "steady," but said "investors will want to hear more on group strategy."

The bank said that it had completed a $3 billion share repurchase it launched earlier this year, and the board approved another up to $3 billion buyback, "which we intend to complete in the four-month period before our FY24 results announcement.”

U.S.-listed HSBC Holdings shares climbed more than 3% at midday to $46.70, their highest level since the summer of 2018.