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HSBC Holdings PLC (HSBC)

Stock Price: $27.61 USD 0.09 (0.33%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
Market Cap 112.79B
Revenue (ttm) 63.07B
Net Income (ttm) 3.90B
Shares Out 4.09B
EPS (ttm) 1.47
PE Ratio 18.85
Forward PE 9.48
Dividend $0.15
Dividend Yield 0.54%
Trading Day July 23
Last Price $27.61
Previous Close $27.52
Change ($) 0.09
Change (%) 0.33%
Day's Open 27.85
Day's Range 27.52 - 27.85
Day's Volume 2,388,447
52-Week Range 17.52 - 32.43

News

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HSBC's head of Belt and Road Initiative, Mukhtar Hussain, will retire after 39 years at the bank, according to an internal memo seen by Reuters.

1 week ago - Reuters

Bank mergers and acquisitions rebounded in the first half of 2021 after slowing down last year due to the pandemic.

Other stocks mentioned: BXS, CADE, CFG, FBC, FMBI, MTB, NYCB ...
2 weeks ago - The Motley Fool

The results, which saw all 23 banks pass, ultimately mean large banks can repurchase stock and pay out dividends with much wider discretion.

Other stocks mentioned: BAC, JPM, WFC
4 weeks ago - The Motley Fool

Dollar's Bounce Is Not Sustainable, HSBC's Mackel Says

YouTube video

Jun.22 -- Paul Mackel, global head of foreign exchange research at HSBC Holdings Plc, discusses Federal Reserve policy and its implications for currencies. Fed Chair Jerome Powell said the price increas...

1 month ago - Bloomberg Markets and Finance

HSBC Revamps U.S. Investment Bank as Executives Exit

YouTube video

Jun.21 -- Four of HSBC Holdings Plc's most senior bankers in the U.S. are leaving the investment bank as part of an overhaul of its New York operations. Meanwhile, UBS Group AG hired two executives from...

1 month ago - Bloomberg Markets and Finance

HSBC Holdings' (HSBC) proposed sale of French retail banking business is a step in the right direction as it aims to focus on Asian markets and simply operations.

1 month ago - Zacks Investment Research

HSBC's Wealth Push in China

YouTube video

Jun.21 -- Trista Sun, chief executive officer at HSBC Pinnacle Venture, discusses the company's business strategy in China. She speaks on “Bloomberg Markets: China Open.

1 month ago - Bloomberg Markets and Finance

The British bank HSBC said Friday it has agreed to sell its French retail bank to the Cerebus-backed My Money Group at a loss of $2.3 billion. According to Reuters, the sale has a silver lining for HSBC...

1 month ago - PYMNTS

HSBC has agreed to sell its French retail banking operations to the My Money Group firm backed by private equity group Cerberus, ending HSBC's years-long endeavour to dispose of the struggling business ...

1 month ago - Reuters

HSBC is finally set to announce the sale of its French retail unit to private equity firm Cerberus.

Other stocks mentioned: CS, LAZ, UBS
1 month ago - Zacks Investment Research

NEW YORK--(BUSINESS WIRE)--HSBC USA expands sustainable finance offering with Sustainability-Linked Loans for Commercial Banking clients

1 month ago - Business Wire

HSBC planning divestiture of 90 branches in order to exit the U.S. retail banking business.

Other stocks mentioned: CATY, CFG
1 month ago - Zacks Investment Research

HSBC on Wednesday announced it would exit its loss-making U.S. retail banking operations, a move that is being met with tepid applause by Wall Street analysts.

1 month ago - CNBC

A strong capital base, business transformation and expansion plans will keep supporting HSBC Holdings' (HSBC) financials in the quarters ahead, while mounting expenses and pressure on revenues will play...

1 month ago - Zacks Investment Research

Banking giant HSBC Holdings PLC (LON:HSBA) is holding its (virtual) annual conflab on Friday. The HSBC annual general meeting comes after the bank revealed on Thursday it would exit the US retail bankin...

1 month ago - Proactive Investors

News that banking giant HSBC Holdings PLC (LON:HSBA) is finally throwing in the towel and exiting the US retail banking market after 40 years of struggle has been welcomed by City analysts, many of whom...

1 month ago - Proactive Investors

HSBC is winding down much of its US business to turn its attention to richer clients.

1 month ago - CNN Business

HSBC Holdings PLC (LON:HSBA) has said it will exit the US retail banking market as part of a strategy pivot towards international banking and wealth management. In a press release late on Wednesday, the...

1 month ago - Proactive Investors

HSBC said it would withdraw from U.S. mass market retail banking by selling some parts of its business and winding down others.

1 month ago - Reuters

LONDON & NEW YORK--(BUSINESS WIRE)--HSBC announces exit of US mass market retail banking; reaches agreements with Cathay Bank and Citizens

1 month ago - Business Wire

NEW YORK & MINNEAPOLIS--(BUSINESS WIRE)--HSBC announces a $1.6 million grant to Midwest Row Crop Collaborative to support the adoption of regenerative agriculture practices by U.S. farmers

2 months ago - Business Wire

HSBC Holdings' (HSBC) U.S. division's latest launch of its multi-currency digital wallet, HSBC Global Wallet, will aid the company's initiatives to fortify digital offerings.

2 months ago - Zacks Investment Research

Continuing with its efforts to tap the Asia markets, HSBC is on track to hire more than 1,000 wealth managers in the region.

Other stocks mentioned: BAC, CS, UBS
2 months ago - Zacks Investment Research

The biggest banks in the world plan to re-open their offices, emboldened by aggressive vaccination drives and falling case numbers in major financial hubs, after sending most employees home early last y...

Other stocks mentioned: C, GS, JPM, WFC, BCS, DB, LYG ...
2 months ago - Reuters

LONDON, UK / ACCESSWIRE / May 4, 2021 / HSBC (contact: Syndicate desk, telephone: +44 207 992 8066) hereby gives notice that no stabilisation (within the meaning of the rules of the Financial Conduct Au...

2 months ago - Accesswire

Barclays Capital has lifted its price target on shares in HSBC PLC (LON:HSBA), but has kept its call at ‘underweight'. It said the stock is worth 480p (up from 470p) but added that at 10.7-time 2022 EPS...

2 months ago - Proactive Investors

Reserve releases, driven by improving economic outlook, support HSBC Holdings' (HSBC) Q1 earnings, while fall in revenues and increase in expenses hurt.

Other stocks mentioned: BCS, DB, IBN
2 months ago - Zacks Investment Research

HSBC Holdings plc (LON: HSBA) said on Tuesday that its net profit in the first quarter posted an over 100% growth on a year over year basis. The company attributed the increase to improvement in the eco...

2 months ago - Invezz

HSBC Group CFO discusses the bank's 'best quarter' since the pandemic began

YouTube video

The bank's profit beat came amid a sharply improved economic outlook and a reduced set of downside scenarios, on the back of successful Covid vaccine rollouts, says Ewen Stevenson, group CFO at HSBC.

2 months ago - CNBC International TV

HSBC PLC (LON:HSBA) said a recovering UK economy helped profits rebound by 79% to US$5.8bn in the first quarter of 2021. All regions improved said the Asia-focused bank, but the UK was the standout it s...

2 months ago - Proactive Investors

Two of the FTSE 100's top ten largest companies report on Tuesday, HSBC and BP, as well as Premier Inn owner Whitbread. Transition will likely be a keyword for BP PLC (LON:BP.

Other stocks mentioned: BP
2 months ago - Proactive Investors

Burnout: HSBC Manager's Heart Attack Prompts Viral Post

YouTube video

Apr.22 -- Banker burnout is in focus again after an HSBC Holdings Plc contractor's social media post about his heart attack went viral. Dani Burger reports on "Bloomberg Markets: European Open.

3 months ago - Bloomberg Markets and Finance

Mastercard is collaborating with HSBC to provide the latter company's business clients in the United Arab Emirates with a bolstered business-to-business (B2B) payment experience through the Mastercard T...

Other stocks mentioned: MA
3 months ago - PYMNTS

UK banks Lloyds Banking Group PLC (LON:LLOY), Barclays PLC (LON:BARC), HSBC PLC (LON:HSBA), NatWest Group PLC (LON:NWG) and Santander today launched new mortgages under a government scheme where certain...

Other stocks mentioned: LYG, NWG
3 months ago - Proactive Investors

UK banks are not as outstandingly cheap as the middle of last year, they still offer decent value say analysts at Shore Capital. Confidence in the outlook is improving given the economic benefits of the...

Other stocks mentioned: BCS, LYG, NWG, SCBFF
3 months ago - Proactive Investors

HSBC is scrapping the executive floor at its Canary Wharf headquarters in London, as one of the world's biggest banks slashes office space and moves towards new ways of working following the pandemic.

3 months ago - CNN Business

NEW YORK--(BUSINESS WIRE)--Michael Roberts, CEO of HSBC Americas, will join nearly three dozen other C-suite and executives during the Virtual Enterprises Summit on April 20.

3 months ago - Business Wire

HSBC Holdings PLC (LON:HSBA) issues first-quarter results at the end of the month and sector peer Barclays remains lukewarm towards the stock. The broker has raised the price target for HSBC to 470p fro...

3 months ago - Proactive Investors

HSBC will move four of its most senior executives to Hong Kong later this year, as the London-based bank focuses more attention on fast-growing markets in Asia.

3 months ago - CNN Business

HSBC Holdings plc (NYSE:HSBC) has banned customers of its online share-trading platform from buying or moving shares of MicroStrategy Inc. (NASDAQ:MSTR) into their accounts, Reuters reported Monday. Wha...

Other stocks mentioned: MSTR
3 months ago - Benzinga

HSBC has banned customers of its online share-trading platform from buying or moving into their accounts MicroStrategy Inc stock, a message seen by Reuters showed, calling it a "virtual currency product".

3 months ago - Reuters

HSBC and the Asian Development Bank (ADB) will provide a combined $300 million in financing to help Asia's supply chains boost manufacturing capacity for COVID-19 vaccines, the two lenders said on Friday.

3 months ago - Reuters

HSBC PLC (LON:HSBA) is moving 1,200 UK-based employees to permanent home working. Around 70% of its 1,800 call centre staff have volunteered to never go back to the office, Reuters reported.

3 months ago - Proactive Investors

HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees' work patterns as a res...

3 months ago - Reuters

NEW YORK--(BUSINESS WIRE)--Tara Latini is appointed Head of Wealth and Personal Banking, US, HSBC.

3 months ago - Business Wire

Banks' hedge fund liquidation hit a 'contained' incident, strategist says

YouTube video

Francesco Curto, global head of research at DWS, discusses the morning's trading updates from Credit Suisse and Nomura warning of heavy losses arising from liquidated hedge fund positions.

Other stocks mentioned: BNPQY, CRARY, DB, SAN
3 months ago - CNBC International TV

Vancouver-based bank HSBC has unveiled a new mobile banking service that gives small business owners a single place to take care of all their financial tasks. According to TechRadar, the U.K.-centric se...

3 months ago - PYMNTS

The world's 60 largest commercial and investment banks poured a total US$3.8 trillion into fossil fuels between 2016 and 2020, according to a report by a group of non-governmental organizations. JP Morg...

Other stocks mentioned: BAC
4 months ago - Proactive Investors

About HSBC

HSBC Holdings plc provides banking and financial products and 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, such as 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, including insurance and investment products, global asset... [Read more...]

Industry
Banks-Diversified
Founded
1865
Stock Exchange
NYSE
Ticker Symbol
HSBC
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 Forecasts

According to 2 analysts, the average rating for HSBC Holdings stock is "Hold." The 12-month stock price forecast is 32.93, which is an increase of 19.27% from the latest price.

Price Target
$32.93
(19.27% upside)
Analyst Consensus: Hold