HSBC Holdings plc (HSBC)

NYSE: HSBC · IEX Real-Time Price · USD
45.34
+0.57 (1.27%)
May 16, 2024, 9:40 AM EDT - Market open
1.27%
Market Cap 170.46B
Revenue (ttm) 66.06B
Net Income (ttm) 22.43B
Shares Out 3.76B
EPS (ttm) 5.70
PE Ratio 7.71
Forward PE 6.66
Dividend $3.05 (6.73%)
Ex-Dividend Date May 9, 2024
Volume 167,697
Open 45.39
Previous Close 44.77
Day's Range 45.26 - 45.34
52-Week Range 35.30 - 45.46
Beta 0.56
Analysts Hold
Price Target n/a
Earnings Date Apr 30, 2024

About HSBC

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and p... [Read more]

Sector Financials
Founded 1865
Employees 220,861
Stock Exchange NYSE
Ticker Symbol HSBC
Full Company Profile

Financial Performance

In 2023, HSBC Holdings's revenue was $66.06 billion, an increase of 30.50% compared to the previous year's $50.62 billion. Earnings were $22.43 billion, an increase of 56.36%.

Financial Statements

News

HSBC Announces New Hybrid Checking Account

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA today announced the launch of the HSBC Hybrid Checking Account, a new product designed to maximize a company's returns by combining an Earnings Credit Rate (EC...

18 hours ago - Business Wire

HSBC Stock Is Up 8% YTD, What To Expect?

HSBC's stock (NYSE: HSBC HSBC) has gained 8% YTD as compared to the 9% rise in the S&P500 index over the same period. Further, at the current price of $44 per share, it is 16% below its fair value of...

1 day ago - Forbes

Quinn Says 'Internationalism Is at the Heart of HSBC'

Outgoing HSBC CEO Noel Quinn says running Europe's largest bank has been an “absolute privilege” as he set out the achievements of his five years at the top of the company. Speaking on a panel discuss...

2 days ago - Bloomberg Markets and Finance

Nvidia's stock can soar 50% more as earnings power still isn't priced in — HSBC

Shares of Nvidia Corp. were headed higher in premarket trading Monday as HSBC analyst Frank Lee said that, despite their continued big rally this year, investors are still significantly underestimatin...

Other symbols: NVDA
3 days ago - Market Watch

HSBC UK says mobile and online banking facing disruption

HSBC UK said on Saturday that it was aware of intermittent disruption to its clients' personal mobile and online banking, adding that its debit cards, credit cards, digital wallet and ATMs remained fu...

11 days ago - Reuters

HSBC chair says dividend outlook strong despite economic uncertainty

HSBC is in a strong position to continue paying robust dividends to shareholders despite an uncertain global economic outlook and central bank policy moves, its chairman Mark Tucker said at the bank's...

13 days ago - Reuters

HSBC's Green Credentials Come Under Fresh Scrutiny

Activist shareholders are pressing HSBC to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.

13 days ago - WSJ

HSBC's Major: Growth Outlook to Drive Credit

Steven Major, HSBC Global Head of Fixed Income Research, discusses Fed moves, bond yield and inflation numbers. He speaks with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.

13 days ago - Bloomberg Markets and Finance

HSBC keeps best lending rate in Hong Kong unchanged at 5.875%

HSBC Holdings said on Thursday it had kept its best lending rate in Hong Kong at 5.875%, after the city's de facto central bank kept unchanged the base rate charged through its overnight discount wind...

14 days ago - Reuters

HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant

HSBC Holdings' (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.

15 days ago - Investopedia

Banking Shocker - HSBC CEO Noel Quinn is Quitting

- HSBC Holdings Plc's Chief Executive Officer Noel Quinn is stepping down, an unexpected move that comes as Europe's largest lender tries to navigate the deterioration of ties between China and the US...

15 days ago - Bloomberg Markets and Finance

HSBC must prioritise Asian expertise in surprise CEO search

Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. His surprise departure is an opportunity to accelerate its strategic piv...

15 days ago - Reuters

HSBC's top ranks house likely successor to CEO Quinn

HSBC is preparing to welcome its third CEO in less than eight years after veteran banker Noel Quinn, 62, retires from running Europe's biggest bank. While HSBC said on Tuesday it will consider both in...

16 days ago - Reuters

'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation statement

HSBC CEO Noel Quinn said it is "now the right time for me to get a better balance between my personal and business life."

16 days ago - CNBC

HSBC chief Noel Quinn to step down after ‘intense' five years

Bank says it has started search for a successor as it reports quarterly profits beat forecasts

16 days ago - The Guardian

HSBC says chief executive to retire after ‘intense' five years

HSBC on Tuesday said its chief executive, Noel Quinn, will retire after nearly five years at the helm.

16 days ago - Market Watch

HSBC CEO Quinn Unexpectedly Steps Down

HSBC Chief Executive Officer Noel Quinn is stepping down after nearly 5 years in the job. The board has begun a formal process to find a successor.

16 days ago - Bloomberg Markets and Finance

HSBC CEO Noel Quinn Is Stepping Down

The bank is now searching for a successor to the veteran banker.

16 days ago - WSJ

HSBC Quarterly Profit Falls; Group CEO to Retire

HSBC said its first-quarter net profit dropped due partly to lower net interest income and higher credit costs and announced the retirement of its CEO Noel Quinn.

16 days ago - WSJ

HSBC announces CEO Quinn's retirement, first-quarter profit drops 1.8%

HSBC Chief Executive Noel Quinn will retire, it said on Tuesday, in a surprise departure from the bank that he has overhauled in the past five years through a sweeping series of asset sales across the...

16 days ago - Reuters

HSBC CEO Noel Quinn to retire

HSBC Holdings , on Tuesday said its chief executive, Noel Quinn, has decided to retire.

16 days ago - Reuters

HSBC share price sits an all-time high: is it a buy after earnings?

HSBC (LON: HSBA) share price price continued its strong comeback as investors focused on the company's financial results. It jumped to a record high of 668p on Monday, meaning that it has soared by ov...

17 days ago - Invezz

Norway sovereign wealth fund backs HSBC bonus policy reform

Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, will support HSBC's proposed bonus policy change for so-called material risk takers (MRTs), the Norwegian fund manag...

17 days ago - Reuters

HSBC says growing Chinese wealth fuels client investments in US

HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas.

21 days ago - Reuters

HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards

NEW YORK--(BUSINESS WIRE)--HSBC today announced the opening of its flagship wealth center at The Spiral in New York City's Hudson Yards neighborhood. The new center is a key part of the bank's wealth ...

22 days ago - Business Wire