HSBC Holdings plc (HSBC)
| Market Cap | 157.94B |
| Revenue (ttm) | 66.06B |
| Net Income (ttm) | 22.43B |
| Shares Out | 3.63B |
| EPS (ttm) | 5.70 |
| PE Ratio | 7.74 |
| Forward PE | 6.66 |
| Dividend | $2.55 (5.85%) |
| Ex-Dividend Date | Mar 7, 2024 |
| Volume | 1,127,159 |
| Open | 43.81 |
| Previous Close | 43.58 |
| Day's Range | 43.51 - 43.89 |
| 52-Week Range | 35.30 - 44.23 |
| Beta | 0.59 |
| Analysts | Hold |
| Price Target | n/a |
| Earnings Date | May 14, 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 $66.06 billion, an increase of 30.50% compared to the previous year's $50.62 billion. Earnings were $22.43 billion, an increase of 56.36%.
Financial StatementsNews
HSBC's Ryan Wang: Expecting 75 basis points of rate cuts this year
Ryan Wang, HSBC chief U.S. economist, joins 'Money Movers' to discuss why Wang believes the Federal Reserve could cut rates in June, whether the Fed needs more evidence to cut rates, and what could se...
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings' (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
Banking Shocker - HSBC CEO Noel Quinn is Quitting
- HSBC Holdings Plc's Chief Executive Officer Noel Quinn is stepping down, an unexpected move that comes as Europe's largest lender tries to navigate the deterioration of ties between China and the US...
HSBC must prioritise Asian expertise in surprise CEO search
Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. His surprise departure is an opportunity to accelerate its strategic piv...
HSBC's top ranks house likely successor to CEO Quinn
HSBC is preparing to welcome its third CEO in less than eight years after veteran banker Noel Quinn, 62, retires from running Europe's biggest bank. While HSBC said on Tuesday it will consider both in...
'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation statement
HSBC CEO Noel Quinn said it is "now the right time for me to get a better balance between my personal and business life."
HSBC chief Noel Quinn to step down after ‘intense' five years
Bank says it has started search for a successor as it reports quarterly profits beat forecasts
HSBC says chief executive to retire after ‘intense' five years
HSBC on Tuesday said its chief executive, Noel Quinn, will retire after nearly five years at the helm.
HSBC CEO Quinn Unexpectedly Steps Down
HSBC Chief Executive Officer Noel Quinn is stepping down after nearly 5 years in the job. The board has begun a formal process to find a successor.
HSBC CEO Noel Quinn Is Stepping Down
The bank is now searching for a successor to the veteran banker.
HSBC Quarterly Profit Falls; Group CEO to Retire
HSBC said its first-quarter net profit dropped due partly to lower net interest income and higher credit costs and announced the retirement of its CEO Noel Quinn.
HSBC announces CEO Quinn's retirement, first-quarter profit drops 1.8%
HSBC Chief Executive Noel Quinn will retire, it said on Tuesday, in a surprise departure from the bank that he has overhauled in the past five years through a sweeping series of asset sales across the...
HSBC CEO Noel Quinn to retire
HSBC Holdings , on Tuesday said its chief executive, Noel Quinn, has decided to retire.
HSBC share price sits an all-time high: is it a buy after earnings?
HSBC (LON: HSBA) share price price continued its strong comeback as investors focused on the company's financial results. It jumped to a record high of 668p on Monday, meaning that it has soared by ov...
Norway sovereign wealth fund backs HSBC bonus policy reform
Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, will support HSBC's proposed bonus policy change for so-called material risk takers (MRTs), the Norwegian fund manag...
HSBC says growing Chinese wealth fuels client investments in US
HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas.
HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Flagship Wealth Center at Hudson Yards
NEW YORK--(BUSINESS WIRE)--HSBC today announced the opening of its flagship wealth center at The Spiral in New York City's Hudson Yards neighborhood. The new center is a key part of the bank's wealth ...
HSBC discusses prospects of yen intervention
Joey Chew, HSBC's head of Asia FX Research, discusses the outlook for the currency and monetary policy.
HSBC to cut another 20 investment banking jobs in Asia, sources say
HSBC is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter said.
Expect AI to become as universal as email: HSBC
EJ Achtner, head of HSBC's Office of Applied Artificial Intelligence, discusses HSBC's AI report, which will help customers prepare for a future where AI is fully integrated.
HSBC cuts a dozen Asia dealmakers, source says
HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday.
HSBC Subsidiary Files Liquidation Petition Against Chinese Developer
A Hong Kong bank majority-owned by HSBC Holding has filed a liquidation petition against Times China, another instance of creditors seeking to recoup funds from developers amid China's protracted prop...
Here's why the HSBC share price has gone vertical
HSBC (LON: HSBA) share price has gone vertical this year, a move that has pushed it to its all-time high. The stock surged to a high of 657p on Wednesday, meaning that it has jumped by over 183% from ...
Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal
Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lend...
HSBC Sells Argentina Operations for $550M Amid Focus on Higher-Growth Markets
HSBC Holdings (HSBC) will sell its banking operations in Argentina to Grupo Financiero Galicia for $550 million, with the divestment resulting a $1 billion first-quarter loss, the bank said Tuesday.