HSBCIt is expected to publish its third quarter financial report card at noon Hong Kong/Singapore on Monday.

As global economic recovery continues from the Covid-19 pandemic slump, analysts predict that Asia-oriented bank will report another quarter profit growth.

According to analysts estimates, HSBC is expecting a 22.8% increase in pre-tax profits for its third quarter to $3.776 Billion.

The estimates predict that revenue will rise 3.1% to $12.3Billion in the next year.

Jackson Wong from Amber Hill Capital, the asset management director, stated that investors are looking forward to the announcement by the bank on dividends as well as plans for sharebuybacks.

Wong stated that “a lot of things happen in the markets right currently that they would need to demonstrate that they have faith in the future.” Wong spoke on CNBC’s” “CNBC’s”.Street Signs Asia“One step ahead of HSBC’s Earnings Release.

HSBC shares were in Hong Kong down 0.3% during early trading Monday