HSBC Holdings plc (HSBC)
| Market Cap | 168.74B |
| Revenue (ttm) | 57.97B |
| Net Income (ttm) | 22.57B |
| Shares Out | 17.98B |
| EPS (ttm) | 1.20 |
| PE Ratio | 7.48 |
| Forward PE | 7.47 |
| Dividend | $2.00 (4.14%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 1,248,695 |
| Open | 47.54 |
| Previous Close | 48.15 |
| Day's Range | 47.48 - 48.50 |
| 52-Week Range | 36.93 - 49.18 |
| Beta | 0.51 |
| Analysts | Hold |
| Price Target | n/a |
| Earnings Date | Oct 29, 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]
Financial Performance
In 2023, HSBC Holdings's revenue was $56.35 billion, an increase of 21.56% compared to the previous year's $46.36 billion. Earnings were $22.43 billion, an increase of 56.36%.
Financial StatementsNews
HSBC Continental Europe Enters Into a Memorandum of Understanding Regarding Potential Sale of HSBC Assurances Vie (France) to Matmut Société d'Assurance Mutuelle
PARIS--(BUSINESS WIRE)--Regulatory News: HSBC Continental Europe has signed a Memorandum of Understanding (‘MOU‘) regarding the potential sale of its French life insurance business, HSBC Assurances Vi...
HSBC Chairman to lead pivotal UK business delegation to China
HSBC Chairman Mark Tucker will lead the British government's most important business delegation to China since 2018 next month, sources told Reuters, as Chancellor Rachel Reeves seeks to attract great...
HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%
HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20.
HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate
NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 7.75% to 7.50%, effective tomorrow, 12/19/2024. About HSBC...
HSBC Launches New Mortgage Assistance Program–CommunityWorks Opening Doors Grant
NEW YORK--(BUSINESS WIRE)--HSBC announced today the launch of HSBC CommunityWorks Opening Doors, a new program that offers home loan grants to homebuyers in underserved counties in California, Florida...
HSBC appoints insider John Shipman as interim CEO of Swiss Private Bank
HSBC on Tuesday appointed insider John Shipman as interim CEO of its Swiss Private Bank and country head of HSBC Switzerland, effective Jan. 1, 2025.
HSBC Report Shows Venture Ecosystem Recalibrates for Economic Growth While Private Companies Contend with Exit Backlog and Investor Shift to AI
NEW YORK--(BUSINESS WIRE)--HSBC Innovation Banking published today its latest quarterly outlook for the U.S. technology sector, exploring major trends shaping startup development, venture activity, an...
HSBC Australia Sued for ‘Widespread' Anti-Fraud Failings
Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. The Australian Securities and Investments Commission (ASIC) announced Monday (Dec. 16) that it was suing HSB...
HSBC Sued by Australian Regulator for Failing to Protect Customers From Scams
Australia's corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams.
Australia takes HSBC to court over neglecting scam victims
Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC , claiming it failed to correctly respond to about 950 reports of customers losing close ...
Report: HSBC to Scale Back Retail Banking in Mexico, Malaysia and Indonesia
HSBC is reportedly considering scaling back its retail banking operations in Mexico, Malaysia, Indonesia and some other countries.
RBI may cut rates in February if winter harvest goes well: HSBC
Pranjul Bhandari, HSBC's chief India economist, explains that because food is a factor in India's inflation considerations, the Reserve Bank of India could have room to ease rates if the winter crop g...
HSBC reviews retail banking outside UK and Hong Kong, FT reports
HSBC is reviewing its retail banking operations outside the UK and Hong Kong, which could see it substantially scale back operations in other countries, including Mexico, the Financial Times reported ...
HSBC share price is soaring: technicals point to more gains
The HSBC share price is firing on all cylinders and is hovering at its all-time high as the company's turnaround measures continue. It has risen in the last five consecutive weeks and moved to a recor...
HSBC, World Bank's IFC launch $1 bln trade finance programme for emerging market
HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging ...
HSBC loses appeal over job-seeking banker's discrimination claim
HSBC on Wednesday lost an appeal against a London court decision to reinstate a senior banker's lawsuit that alleges the bank victimised and discriminated against her when it failed to hire her for a ...
HSBC U.S. Head of International Wealth, Premier and Global Private Banking Racquel Oden Expands Team with New Head of U.S. Ultra High Net Worth
NEW YORK--(BUSINESS WIRE)--HSBC U.S. Head of International Wealth, Premier and Global Private Banking Racquel Oden today announced that Eric Ingber has been named U.S. Head of Ultra High Net Worth, le...
HSBC eyes $3 bln in potential savings from overhaul, Bloomberg News reports
HSBC Holdings Plc is examining plans that could cut costs by at least $3 billion as the bank continues to restructure its worldwide operations under new CEO Georges Elhedery, Bloomberg News reported o...
HSBC announces senior management exits as global reorganisation continues
HSBC , said on Thursday it has completed a restructuring of its major business units and functions, as Europe's largest bank seeks to streamline its global operations via a sweeping overhaul under new...
Exclusive: HSBC appoints Lisa McGeough to lead US as CEO Elhedery shuffles leaders
HSBC promoted Lisa McGeough to become its president and CEO for the United States at the start of next year, the bank said on Thursday in a statement first seen by Reuters.
HSBC shipping expert discusses upcoming shocks to the global supply chain
Parash Jain, global head of shipping and ports at HSBC, discusses market outlook ahead of expected changes in U.S. trade policy.
HSBC economist says he prefers countries with a strong domestic market in light of tariff risks
Frederic Neumann, chief Asia economist and co-head of global research for Asia at HSBC, says he favors countries with a strong domestic economy and limited external trade exposure in the near term, gi...
HSBC starts search for next chairman, Sky News reports
UK-headquartered HSBC Holdings' board has appointed headhunters to start the recruitment of its next chairman to succeed Mark Tucker, Sky News reported on Saturday.
Exclusive: HSBC pulling back from China credit card business after struggling to expand, sources say
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, so...
HSBC loses court challenge against $33.4 mln EU cartel fine
Europe's second-top court on Wednesday rejected HSBC's challenge against a 31.7 million euro ($33.4 million) fine imposed by EU antitrust regulators three years ago.