HSBC Holdings

HSBC Holdings Plc engages in the provision of banking and financial services. It operates through the following business segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, Global Private Banking, and Corporate Centre. The Retail Banking and Wealth Management segment consists of retail banking, wealth management, asset management, and insurance. The Commercial Banking segment offers banking products and services. The Global Banking and Markets segment includes transaction banking, financing, advisory, capital markets, and risk management services. The Global Private Banking offers transaction banking, financing, advisory, capital markets and risk management services to high net worth individuals and families. The Corporate Centre segment is comprises of central treasury, including balance sheet management, other legacy businesses, interests in associates and joint ventures, central stewardship costs and the UK bank levy. The company was founded on January 1, 1959 and is headquartered in London, the United Kingdom.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Founded in 1865 to finance trade between Asia and the West, today HSBC is one of the world’s largest banking and financial services organisations serving around 46 million customers. Their aim is to be acknowledged as the world’s leading and most respected international bank.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is HSBC (HSBC) Stock Undervalued Right Now?

HSBC's numbers yesterday have caused some head-scratching at Canadian bank RBC, which despite assuming that changes to guidance meant a 4% upgrade to next year's profits has cut its own forecasts. Shares in HSBC also took a heavy hit yesterday, which RBC attributes to a combination of the departure of the CFO and possible cost implications, worries over Chinese property and lower loan growth guidance.

HSBC still favoured at RBC despite guidance confusion

Barclays

Stronger profits from Barclays PLC (LSE:BARC), HSBC Holdings PLC (LSE:HSBA), Standard Chartered PLC and their European peers have raised the prospects of potential bank windfall taxes in the UK and on the continent.  The UK's new chancellor of the exchequer is expected to reverse the planned decrease in the bank surcharge when he delivers his delayed fiscal statement, which was today confirmed for 17 November rather than 31 October as had been planned.

Barclays and HSBC's bumper profits leads to growing chances of bank windfall tax

HSBC Holdings plc (NYSE:HSBC ) Q3 2022 Earnings Conference Call October 25, 2022 3:30 AM ET Company Participants Noel Quinn - Group Chief Executive Officer Ewen Stevenson - Group Chief Financial Officer Conference Call Participants Omar Keenan - Credit Suisse Robert Noble - Deutsche Bank Joseph Dickerson - Jefferies Fahed Kunwar - Redburn Yafei Tian - Citigroup Tom Rayner - Numis Manus Costello - Autonomous Research Martin Leitgeb - Goldman Sachs Raul Sinha - J P Morgan Aman Rakkar - Barclays Bank PLC Operator Good morning, ladies and gentlemen, and welcome to the Investor and Analyst Conference Call for HSBC Holdings plc's Q3 2022 results. For your information, this conference is being recorded.

HSBC Holdings plc (HSBC) Q3 2022 Earnings Call Transcript

HSBC records a rise in adjusted revenues and expenses in the third quarter of 2022.

HSBC Q3 Pre-Tax Earnings Decline Y/Y Despite Revenue Growth

UBS Group AG

Both HSBC and UBS reported better-than-expected profits, but HSBC shares fell while UBS rose.

HSBC Falls, UBS Rises as European Bank Earnings Season Starts

HSBC Holdings PLC (LSE:HSBA) shares plunged despite the giant lender upgrading guidance as rising interest rates lift income in the third quarter. Bad loan provisions were bigger than expected due to UK uncertainty and the deteriorating situation in China, not helped by an additional announcement that finance chief Ewen Stephenson is stepping down at the end of this year.

HSBC hit by China worries and CFO's exit, but income gains bode well for UK peers

HSBC Falls, UBS Rises as European Bank Earnings Season Kicks Off

HSBC PLC shares fell 2.6% in Hong Kong overnight as the bank reported a decline in profit and revenue in its third quarter. In the three months to September 30, HSBC reported pre-tax profit of US$3.5 bn, down 42% from US$5.40bn a year before.

HSBC shares under pressure as profits slide

HSBC reported a drop in third-quarter profit, caused by the planned sale of its French retail banking business and rising provisions against credit losses.

HSBC Profit Falls on French Retail Disposal, Rising Credit Provisions

HSBC Holdings PLC's third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise in credit provisions.

HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans

HSBC reported on Tuesday a 42% tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income surged as banks benefit from rising rates around the world.

HSBC Q3 profit slumps 42% on France sale charge, credit losses

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Banks--HSBC Bank Canada: Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada1, said: “Thanks to the efforts of our dedicated team, we have delivered the highest quarterly profit before tax on record for the bank.

HSBC Bank Canada Third Quarter 2022 Results

HSBC is expected to have seen an improvement in interest income in the third quarter of 2022.

Trading, Higher Rates to Aid HSBC's Q3 Earnings, IB to Hurt

HSBC Holdings PLC (LSE:HSBA), which reports third-quarter results on Tuesday 25 October, shares are the second best performing of the FTSE 100 banks this year even though they are virtually flat, while Standard Chartered PLC (LSE:STAN) is way out in front with a gain of over 22%. This here are many similarities between the pair, though, including the bosses of both have been working hard to slash costs.

HSBC and Standard Chartered in rates 'sweet spot' ahead of Q3 results

HSBC (LON: HSBA) share price drifted upwards this week as investors reflected on the relatively positive bank earnings from the United States. The stock rose to a high of 475p, which was the highest level since October 7.

Is HSBC a good bank dividend stock to buy?

Lloyds Banking Group

NatWest Group plc 

Citi has again highlighted its liking for UK domestic banks over their international rivals within the financial share universe, with Lloyds, Natwest and Barclays all rated as buys. The US investment bank said the extreme moves in gilts and the pound following now ex-chancellor Kwasi Kwarteng's mini-Budget will add around two percentage points to their cost of equity.

Lloyds and other UK banks still have lots of appeal after mini-Budget, says Citi

HSBC (HSBC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

HSBC (HSBC) Stock Jumps 5.2%: Will It Continue to Soar?

National Australia Bank Ltd

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

HSBC vs. NABZY: Which Stock Should Value Investors Buy Now?

HSBC is a large, global bank, with sound fundamentals and a significant business overhaul is not likely in the coming years. Its business profile is geared to higher USD interest rates, which are expected to have a positive impact on the bank's revenues in the next few quarters.

HSBC: It May Become A High-Dividend Yielder Over The Next 12 Months

Lloyds Banking Group PLC (LSE:LLOY) is among the ‘least preferred' options for stockbroker Shore Capital, but, it believes that UK Banks are entering the economic downturn in “extremely good shape”. The stockbroker, looking ahead to Q3 results later this month, says the sector is “fundamentally attractive” and rates all UK banks as ‘buys' at this time – Barclays PLC (LSE:BARC) is the broker's top pick followed by Virgin Money UK PLC (LSE:VMUK), NatWest Group PLC (LSE:NWG), and Lloyds.

Lloyds and Barclays tipped to reward investors that ‘ride out the storm' as analyst sees UK banking sector in “extremely good shape”

HSBC has launched HSBC Trade Solutions (HTS) for customers in its two largest markets, the U.K. and Hong Kong, to simplify and speed trade. Developed in partnership with the IT consultancy CGI, the new platform allows clients to manage all their trade finance products online, according to a Thursday (Oct. 6) press release.

HSBC Launches Digital Platform for Trade Finance

HSBC is exploring selling its Canada business as it resists calls from its biggest shareholder to split the bank in two.

HSBC Contemplates the Sale of Its Business Based in Canada

As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition.

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

Without fiscal mismanagement by the UK government, HSBC could have generated a relatively low but stable growth profile in the medium term. The state of the UK credit market places too much risk on the bank, for duration risk, falling lending activity, and increasing delinquencies.

News for HSBC Holdings Stock (HSBC)