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.

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 for the unbanked sector as well as Qatar visitors.

HSBC Qatar Debuts Mobile Payments, Collection Services

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.

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

HSBC has earnings upside potential as economic conditions improve and the bank can release expected credit losses. This could result in a dividend hike.

HSBC: Increasing Total Shareholder Returns With Improving Business Conditions

AXA SA

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.

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

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

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

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.

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

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 current market price.

At $28, HSBC Stock Is Undervalued

NEW YORK--(BUSINESS WIRE)--HSBC Bank has become Walmart's first banking collaborator supporting its initiative to make access to working capital affordable and more equitable.

HSBC is the First Bank to Join Walmart's Initiative to Improve Access to Working Capital for Diverse and Minority Suppliers in the US

The author of a report alleging institutional racism inside HSBC has resigned, citing frustration at its response to some of his criticism and a lack of support from white colleagues, two internal emails seen by Reuters show.

Exclusive: Banker behind report alleging HSBC racism resigns over lack of support

HSBC has increased pay for first-year analysts in its United States investment banking business to $100,000 from $85,000, a source familiar with the matter said on Wednesday, following similar moves by Wall Street rivals in recent weeks.

HSBC increases U.S. first-year analysts pay to $100,000

HSBC joins other banks in blocking payments to Binance, including Barclays and Santander. The crypto exchange has come under regulatory pressure.

HSBC UK is blocking customers from making payments to Binance, report says

Prudential PLC (LSE:PRU), Citigroup Inc (NYSE:C), HSBC Holdings PLC (LSE:HSBA) and BlackRock (NYSE:BLK) Real Assets are among a group of financial companies looking at ways to accelerate the closure of coal-fired power plants in Asia, Reuters reported, citing five people with knowledge of the proposals. The group, headed by the Asian Development Bank, plans to create public-private partnerships to buy out the heavily polluting plants and wind them down within 15 years, enabling countries to shift to renewable energy sources.

Prudential, Citigroup and HSBC consortium conceive plan to close coal-fired power plants in Asia - report

Prudential PLC, Citigroup Inc, HSBC Holdings PLC and BlackRock Real Assets are among a group of financial companies looking at ways to accelerate the closure of coal-fired power plants in Asia, Reuters reported, citing five people with knowledge of the proposals. The group, headed by the Asian Development Bank, plans to create public-private partnerships to buy out the heavily polluting plants and wind them down within 15 years, enabling countries to shift to renewable energy sources.

Prudential, Citigroup and HSBC consortium conceive plan to close coal-fired power plants in Asia

HSBC Holdings plc (HSBC) CEO Noel Quinn on Q2 2021 Results - Earnings Call Transcript

HSBC records a decline in revenues and higher expenses in the second quarter of 2021. However, net reserve releases support results.

HSBC's Q2 Pre-Tax Earnings Increase Y/Y, Revenues Decline

HSBC Holdings plc (LON: HSBA) said on Monday its pretax profit in the first half climbed by more than 100% on a year over year basis. Its financial performance saw a $700 million boost from credit reserve releases.

HSBC's pre-tax profit more than doubles in fiscal H1

Pretax profit for the first half of the year more than doubled to $10.8 billion, compared with the $4.32 billion posted for the same time last year.

HSBC crushes 1H profit estimates and slashes bad-loan buffer as the global economy recovers from COVID-19

The banking giant, which is sharpening its focus on lucrative Asian markets, unveiled a forecast-beating quarterly profit of $3.4 billion and said it would resume paying dividends—a key focus for many investors in the sector.

The Wall Street Journal: HSBC net profit climbs in second quarter as bad loan provisions fall

HSBC's profits soared in the first half of the year as its business staged a strong recovery from the worst of the coronavirus pandemic.

HSBC brings back dividend as profit more than doubles

HSBC PLC's profits more than doubled in its latest as the Asia-focused took a more upbeat view on possible bad debts with the recovery in the global economy from Covid-19. Profits in the half-year to end June 2021 jumped to US$10.8bn from US$4.3bn, which reflected an impairment credit of US$0.7bn against a charge of US$6.9bn a year ago.

HSBC makes US$10bn interim profit as bad debts improve

HSBC shares in Hong Kong jumped more than 3% following earnings release.

HSBC's reported pre-tax profit more than doubles to $10.8 billion in first half of 2021

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #Canada--HSBC Bank Canada: Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada, said: “Our results this quarter are the best since the third quarter of 2018 – with an improved economic outlook and the resilience of our customers leading to improved profits across all three business lines. Increased customer activity continues to signal that the people and businesses we serve are working towards a post-pandemic future. As a result, there'

HSBC Bank Canada Second Quarter 2021 Results

HSBC Holdings said on Monday first-half pretax profit more than doubled, beating expectations as the bank benefited from an economic rebound in Hong Kong and Britain, its two biggest markets.

HSBC profit more than doubles , better than expected

A sizable number of call options remain in the open interest for HSBC, with unusually high option premiums.

HSBC Holdings (HSBC) Option Traders Growing Confident Into Earnings

Legal & General Group PLC

Rolls-Royce Holdings PLC

The coming week will see more results from blue-chip banks in the form of HSBC and Standard Chartered, meanwhile, oilers will once again be in focus as BP delivers figures. Other notable names in the diary will be bakery chain Greggs, insurer Legal & General, engine maker Rolls Royce, housebuilder Taylor Wimpey and exchange operator LSE Group.

News for HSBC Holdings Stock (HSBC)