HSBC Holdings plc (HSBC)
| Market Cap | 162.15B |
| Revenue (ttm) | 57.97B |
| Net Income (ttm) | 22.57B |
| Shares Out | 17.98B |
| EPS (ttm) | 1.20 |
| PE Ratio | 7.19 |
| Forward PE | 7.18 |
| Dividend | $2.00 (4.33%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 570,232 |
| Open | 46.26 |
| Previous Close | 46.28 |
| Day's Range | 45.88 - 46.27 |
| 52-Week Range | 36.93 - 47.56 |
| 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 and National Community Reinvestment Coalition (NCRC) Announce $25 Million Partnership to Advance Economic Opportunities in Low- and Moderate-Income
NEW YORK--(BUSINESS WIRE)--HSBC and the National Community Reinvestment Coalition (NCRC) announced a four-year, $25 million community growth initiative today, as part of HSBC's broader strategy to dri...
HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
HSBC has reportedly asked some managers to reapply for their jobs as part of a cost-cutting restructure. Bloomberg reported Monday that hundreds of senior staff will likely lose their jobs.
HSBC Makes Managers Vie for Jobs Amid CEO Streamlining
HSBC reportedly wants hundreds of managers to reapply for jobs at the bank's new division. Interviews for positions at HSBC's corporate and institutional banking (CIB) arm have already begun, Bloomber...
HSBC Managers Are Competing to Keep Their Jobs in CEO's Revamp
HSBC Holdings Plc has asked hundreds of managers to reapply for jobs in the firm's newly formed corporate and institutional banking division as Chief Executive Officer Georges Elhedery continues his h...
HSBC Continental Europe: Post Stabilisation Notice
PARIS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Banque Fédérative du Crédit Mutuel Post Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation w...
HSBC Global Entrepreneurial Wealth Report: U.S. Entrepreneurs Optimistic Amid Global Market Uncertainty
NEW YORK--(BUSINESS WIRE)--HSBC's Global Entrepreneurial Wealth Report 2024 reveals that an impressive 94% of U.S. HNW and UHNW entrepreneurs are optimistic about future business prospects, and 88% be...
Trade is what clients are calling us most about postelection, says HSBC's Gerry Keefe
Gerry Keefe, HSBC co-head of global banking, joins 'Money Movers' to discuss what to expect from global equity performance following Trump's election victory, what industries tariffs will target first...
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 8.00% to 7.75%, effective tomorrow. ends/more About HSBC H...
HSBC's Roberts Discusses Job Cuts, Strategy, US Tariffs
The head of HSBC's new global wholesale banking division said the lender will seek to wrap up an ongoing restructuring “very quickly” and could announce the first round of job cuts within weeks. Micha...
HSBC, Barclays and StanChart jostle for US banking riches, unruffled by White House race
Britain's big global lenders HSBC , Barclays and Standard Chartered are vying to tap into a boom in U.S. commercial banking as corporate America seeks expertise for international expansion plans.
HSBC Bank PLC: Post Stabilisation Notice
LONDON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Aercap Sukuk Limited Post Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken...
HSBC Bank PLC: Pre Stabilisation Notice
LONDON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- ELECTRICITE DE FRANCE SA Pre Stabilisation Notice HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice, as Stabilisation Coordinator, t...
Daruwala: HSBC's Senior leadership bitter about restructuring
Cyrus Daruwala of IDC Financial Insights talks about HSBC's restructuring plans and the outlook for the Asian-focused British bank.
HSBC Holdings: Strong Q3 Earnings And A Double-Digit Shareholder Yield
Shares of HSBC have been a reasonable performer this year, roughly matching wider European financials with a circa 20% total return. The recently released third quarter results were strong, with the b...
HSBC Stock Rises as Results Top Forecasts, Bank Plans New $3B Buyback
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 stock buyback.
HSBC Holdings plc (HSBC) Q3 2024 Earnings Call Transcript
HSBC Holdings plc (NYSE:HSBC) Q3 2024 Earnings Conference Call October 29, 2024 3:45 AM ET Company Participants Georges Elhedery - Group Chief Executive Jon Bingham - Interim Group Chief Financial Of...
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts' earnings expectations for the third quarter and launched another $3 billion share buyback plan.
HSBC drops sustainability chief from executive committee
HSBC has dropped its chief sustainability officer from its decision-making executive board, the bank confirmed on Tuesday as it released quarterly earnings, sparking concern it could become the latest...
HSBC Pops Higher On Forecast-Beating Q3, New Buyback Programme
HSBC shares rose on Tuesday as the bank announced a fresh $3 billion share buyback scheme and posted estimate-topping third-quarter numbers.
HSBC $3 billion share buyback 'not really' a surprise, analyst says
Manyi Lu, assistant research director of group research at DBS Bank (Hong Kong), discusses HSBC's third-quarter earnings.
Serendipity Capital appoints outgoing HSBC Europe head Colin Bell to board
Serendipity Capital has appointed Colin Bell, the outgoing head of HSBC Europe, to its board as a non-executive director, the investment firm said on Tuesday.
HSBC Announces Buybacks as Profit Beats Estimates
HSBC reported better-than-estimated earnings and announced a fresh multi-billion dollar stock buyback days after unveiling a major overhaul of its businesses. Europe's largest bank said it would repur...
HSBC's $3B share buyback: What it means for investors after Q3 earnings beat
HSBC, Europe's largest bank, announced a $3 billion share buyback following an impressive third-quarter earnings report that exceeded analyst forecasts. This announcement, alongside a solid revenue in...
HSBC beats expectations in third-quarter earnings; announces additional $3 billion share buyback
HSBC reported third-quarter pre-tax profit of $8.5, a 10% rise compared to the $7.7 billion posted a year ago. Quarterly revenue grew 5% to $17 billion from the $16.2 billion that was reported a year ...