HSBC Holdings PLC (HSBC)

NYSE: HSBC · IEX Real-Time Price · USD
33.22
+0.07 (0.21%)
Aug 16, 2022 11:38 AM EDT - Market open
0.21%
Market Cap 134.33B
Revenue (ttm) 63.94B
Net Income (ttm) 12.61B
Shares Out 4.04B
EPS (ttm) 3.35
PE Ratio 9.92
Forward PE 8.22
Dividend $1.25 (3.76%)
Ex-Dividend Date Mar 10, 2022
Volume 723,089
Open 33.22
Previous Close 33.15
Day's Range 33.19 - 33.38
52-Week Range 24.31 - 38.61
Beta 0.53
Analysts Buy
Price Target 38.77 (+16.7%)
Earnings Date Aug 1, 2022

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...]

Industry Banks
Founded 1865
CEO Noel Quinn
Employees 219,697
Stock Exchange NYSE
Ticker Symbol HSBC
Full Company Profile

Financial Performance

In 2021, HSBC Holdings's revenue was $63.94 billion, an increase of 1.37% compared to the previous year's $63.07 billion. Earnings were $13.92 billion, an increase of 166.15%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for HSBC stock is "Buy." The 12-month stock price forecast is 38.77, which is an increase of 16.71% from the latest price.

Price Target
$38.77
(16.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Behind the Activist Push to Split Up HSBC

The letters of HSBC ( HSBC , Financial) stand for Hong Kong and Shanghai Banking Corporation. The company was founded 157 years ago by a Scottish banker named Thomas Sutherland.

Best Growth Stocks to Buy for August 9th

LNG, HSBC and MPC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 9, 2022.

Other symbols: LNGMPC

HSBC or UOVEY: Which Is the Better Value Stock Right Now?

HSBC vs. UOVEY: Which Stock Is the Better Value Option?

HSBC Bank Canada Appoints New Chief Financial Officer

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Appointment--HSBC Bank Canada has appointed Daniel Hankinson Chief Financial Officer succeeding Gerhardt Samwell who left HSBC in July to pursue other opp...

Higher interest rates a 'bright spot' for Europe's banks

European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the economic fallout of war, soaring inflation, and a looming energy crisis.

Other symbols: DBLYGNWG

HSBC Leaders Try to Placate Restive Hong Kong Shareholders

Leaders seek to convince small investors that splitting off the Asian business wouldn't benefit them.

HSBC's headquarters should be in Hong Kong instead of the UK, says Hong Kong district councilor

Christine Fong, a councilor for Hong Kong's Sai Kung district, says that's important for risk management in the face of the Russia-Ukraine war and inflation.

From a banking perspective, the idea to break up HSBC is 'complete stupidity': Expert

Cyrus Daruwala from IDC Financial Insights discusses the proposed split ahead of the HSBC's meeting with Hong Kong investors.

HSBC Should Move Back Home Base to Hong Kong, Politician Fong Says

Christine Fong, a Hong Kong politician who represents 500 small investors in HSBC Holdings Plc stock, discusses the prospects for the bank. HSBC executives and directors will meet their Hong Kong shareh...

HSBC gears up to meet Hong Kong investors after pushing back break-up call

Bosses of HSBC will meet retail investors on Tuesday in Hong Kong, the biggest market for Europe's largest lender, as they seek to convince shareholders that their strategy to operate as a global bank i...

HSBC to Meet Shareholders Amid Ping An's Push for Split

HSBC Holdings Plc top executives will meet investors in Hong Kong on Tuesday amid calls by Ping An Insurance Group Co., its largest shareholder, to split up. Stephen Engle reports on Bloomberg Television.

HSBC Q2 Pre-Tax Earnings Decline Y/Y Despite Revenue Growth

HSBC records a rise in adjusted revenues in the second quarter of 2022. Adjusted expenses witness a marginal y/y decline.

HSBC Woos Investors Big and Small

HSBC is working hard to convince its largest shareholder, Ping An, that it is better off as a single company. Other investors are unlikely to object to its means of persuasion, which include higher cash...

HSBC Continental Europe1 Interim Results 2022

PARIS--(BUSINESS WIRE)--On 29 July 2022, HSBC Continental Europe's Board of Directors approved the bank's consolidated financial statements for the first half of 2022. HSBC Continental Europe's performa...

Americana adds HSBC to list of banks for Gulf dual listing -sources

The Middle East and North Africa franchisee of fast-food restaurants KFC and Pizza Hut has added HSBC to its syndicate of advisers for its potential dual listing this year, two sources familiar with the...

HSBC set to pay some UK staff 1500 pounds to combat cost of living crisis

HSBC will pay some of its British workforce a one-off payment of 1500 pounds ($1,830) to help them deal with the cost of living, a memo seen by Reuters on Monday said.

HSBC says conflict of interest probably prevents appointing Ping An to board

HSBC is unlikely to appoint an executive of its biggest shareholder Ping An Insurance Group of China to its board due to a conflict of interest, HSBC Chief Executive Noel Quinn told reporters on Monday.

HSBC rejects demerger of Asian business, citing huge risks

HSBC said on Monday a demerger or spinoff of its Asian business risks huge one-off execution costs, higher taxes and ongoing running costs for the bank, in its most detailed rebuttal yet to calls from i...

HSBC Pledges to Restore Pre-Covid Dividends as Profit Jumps

The British lender's profit rose 62% in the second quarter, as revenue was boosted by higher interest rates.

HSBC Bank Canada Second Quarter 2022 Results

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Banks--HSBC Bank Canada: Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada1, said: “We reached our highest quarterly total operatin...

HSBC pretax profit falls 15% in first-half

HSBC Holdings PLC reported a 15% drop in first-half profit as expected credit losses more than offset the impact from rising net interest income at Europe's biggest bank.

HSBC urged to appoint shareholder Ping An to its board

A Hong Kong politician has urged HSBC spin off its Asia business and appoint representatives of Chinese insurer Ping An to its board, as the global lender prepares to meet with Hong Kong shareholders th...

HSBC share price sits at key support ahead of earnings. Is it a buy?

The HSBC (LON: HSBA) share price has been under pressure as investors wait for the upcoming results. The stock is trading at 515p, which is bout 7.7% below the highest level this month.

HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate

NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 5.50% from 4.75%, effective tomorrow. About HSBC HSBC North Ame...

Rising rates to cushion impact on Asia banks from slowing economies

Asia-focused lenders HSBC, Standard Chartered and their Southeast Asian peers such as DBS are set to report an improvement in second-quarter net interest income, a key source of revenue, benefiting from...