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HSBC Holdings PLC (HSBC)

NYSE: HSBC · IEX Real-Time Price · USD
30.02 0.02 (0.07%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap122.83B
Revenue (ttm)63.07B
Net Income (ttm)3.90B
Shares Out4.09B
EPS (ttm)2.25
PE Ratio13.34
Forward PE9.29
Dividend$0.22 (0.73%)
Ex-Dividend Daten/a
Volume1,716,202
Open29.96
Previous Close30.00
Day's Range29.85 - 30.14
52-Week Range19.68 - 32.02
Beta0.61
AnalystsHold
Price Target35.26 (+17.5%)
Est. Earnings DateOct 25, 2021

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 products and services, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services for ultra high net worth individuals; and wealth management services comprising insurance and investment products, global asset management...

IndustryBanks
Founded1865
Employees222,550
Stock ExchangeNYSE
Ticker SymbolHSBC
Full Company Profile

Financial Performance

In 2020, HSBC Holdings's revenue was $63.07 billion, a decrease of -11.19% compared to the previous year's $71.02 billion. Earnings were $5.23 billion, a decrease of -29.18%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for HSBC Holdings stock is "Hold." The 12-month stock price forecast is 35.26, which is an increase of 17.46% from the latest price.

Price Target
$35.26
(17.46% upside)
Analyst Consensus: Hold

News

HSBC Stock To Top The Revenue Outlook In Q3?

HSBC is scheduled to report its fiscal Q3 2021 results on Monday, October 25. We expect HSBC to top the revenue expectations, while earnings will likely fall short.

1 day ago - Forbes

HSBC Will Roll Out BaaS Platform

HSBC is rolling out a Banking as a Service (BaaS) platform that will “enable customers to create and provide business banking services through their own platforms,” with a little help from cloud ERP sys...

3 days ago - PYMNTS

A Trio of Graham Stocks to Consider

If you want to have a higher chance to unearth value opportunities, then you may want to look for stocks whose Graham blended multipliers are below 22.5. Created by Benjamin Graham, the father of value ...

Other symbols:MKLTDS
4 days ago - GuruFocus

Oracle's NetSuite adds banking features to its software; HSBC is first partner

Oracle Corp's NetSuite on Tuesday said it will put automated banking features into its accounting software for businesses, with HSBC Holdings Plc as its first partner to automatically send and receive m...

Other symbols:ORCL
4 days ago - Reuters

HSBC and 18 other banks can now sell wealth investment products in the Greater Bay Area

The Cross-boundary Wealth Management Connect Scheme is an initiative to link the capital markets of the Greater Bay Area, including Hong Kong and the Guangdong.

4 days ago - CNBC

Why HSBC remains invested in equities, high yields and emerging markets

Willem Sels, global chief investment officer at HSBC, discusses the outlook across equities, bonds and currencies heading into final quarter, anticipating greater volatility and slower growth.

3 weeks ago - CNBC International TV

HSBC Appoints Alyssa Marois as Senior Vice President of Public Affairs

NEW YORK--(BUSINESS WIRE)--Alyssa Marois has joined HSBC as Senior Vice President of Public Affairs. Alyssa will report to Christopher Rosello, US Head of Public Affairs.

3 weeks ago - Business Wire

HSBC Brings First-of-its-Kind Sustainable Finance Product Suite to Canadian Businesses

VANCOUVER, British Columbia--(BUSINESS WIRE)--HSBC Bank Canada announced today the launch of five new sustainable finance tools for commercial and global banking clients. Available to Canadian businesse...

3 weeks ago - Business Wire

HSBC CEO sees market impact from Evergrande debt woes

HSBC Holdings PLC expects the debt problems involving embattled property developer China Evergrande Group to have an impact on capital markets but does not see any direct impact on the bank, its group C...

1 month ago - Reuters

BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar

Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese real estate developer Evergrande Inc, Morningstar data shows.

Other symbols:BLKUBS
1 month ago - Reuters

HSBC Launches Venture Growth Financing for High-Growth Businesses and Startups

NEW YORK--(BUSINESS WIRE)--HSBC launches HSBC Ventures, providing capital to support growth initiatives for global clients specializing in innovation and technology.

1 month ago - Business Wire

HSBC's Global Wallet Adds New Currencies to Expanded Platform

HSBC's U.S. division announces augmented offerings to its expanded Global Wallet platform by adding new currencies and allowing customers to "receive like a local" via the same business account.

Other symbols:BSBRCIB
1 month ago - Zacks Investment Research

HSBC Global Wallet Adds More Currencies to Expanded Platform

HSBC Bank USA, N.A. on Thursday (Sept.

1 month ago - PYMNTS

HSBC CEO Expects to Slash Travel Budget by 50%

Sep.03 -- HSBC Chief Executive Officer Noel Quinn says he expects to cut the firm's travel budget by 50%. He also expects most staff to adopt a hybrid working model.

1 month ago - Bloomberg Markets and Finance

HSBC CEO Sees Opportunities Beyond China's Crackdown on Profits

Sep.03 -- HSBC CEO Noel Quinn calls himself a "simple banker." But he's on a complicated mission to keep investing in China as the country cracks down on big tech and finds itself at center of the Covid...

1 month ago - Bloomberg Markets and Finance

This Dirt-Cheap Value Stock Should Be Receiving More Attention

The bank has been ignored by investors for many years now, but it has made significant progress in improving its business.

1 month ago - The Motley Fool

Reserve Bank of India may begin policy normalization toward year-end: HSBC

Pranjul Bhandari of HSBC says the Reserve Bank of India may start a "very gradual" monetary policy normalization process toward the end of this year, but rate hikes will only follow in 2022.

1 month ago - CNBC International TV

HSBC Qatar Debuts Mobile Payments, Collection Services

HSBC Qatar is rolling out mobile payments for its personal and corporate customers as it works to digitize its payments, a press release says. With the upgrades, financial inclusion will be simplified f...

2 months ago - PYMNTS

HSBC may be the most exposed bank if China imposes anti-sanction laws on Hong Kong

Ronald Wan of Partners Financial Holdings says financial institutions in Hong Kong generally will be in a "sensitive position" if China imposes anti-foreign sanctions law on Hong Kong. But, he says HSBC...

2 months ago - CNBC International TV

HSBC initiates legal proceedings against El Salvador claiming breach of treaty with UK

HSBC Holdings said the banking group has initiated legal proceedings against El Salvador for what the company called a breach of the nation's investment treaty with the UK.

2 months ago - Reuters

HSBC To Buy AXA's Singapore Insurance Business For $575 Million To Boost Southeast Presence

HSBC Holdings said Monday it has agreed to buy AXA Singapore for $575 million to boost its global wealth and insurance franchise in the city-state and support its expansion across Southeast Asia.

2 months ago - Forbes

HSBC Agrees to Buy AXA Singapore Insurance Assets for $575M

HSBC agrees to acquire AXA Singapore insurance assets for $575 million as part of its efforts to expand its wealth business in Asia.

Other symbols:BACCSUBS
2 months ago - Zacks Investment Research

HSBC to buy Axa's insurance assets in Singapore for $575 million

HSBC said on Monday it had agreed to acquire Axa's insurance assets in Singapore for $575 million as it scales up its insurance business.

2 months ago - Reuters

HSBC's Major: ‘Uber-hawkish' Shift Needed to Reach 2% Yield

Steven Major, global head of fixed income research at HSBC, says investors have to “look through the noise” as he discusses U.S. Treasury yields and how markets are prepared for tapering from the Federa...

2 months ago - Bloomberg Markets and Finance

At $28, HSBC Stock Is Undervalued

HSBC stock has gained around 10% YTD, increasing from about $26 at the beginning of 2021 to just above $28 currently. Trefis estimates HSBC's valuation to be approximately $32 per share – 13% above the ...

2 months ago - Forbes