HSBC - HSBC Holdings plc

NYSE - NYSE Delayed Price. Currency in USD
45.99
-0.40 (-0.86%)
At close: 4:02PM EDT
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Previous Close46.39
Open46.16
Bid0.00 x 800
Ask0.00 x 3200
Day's Range45.93 - 46.30
52 Week Range45.93 - 55.89
Volume1,177,493
Avg. Volume1,241,701
Market Cap188.193B
Beta0.95
PE Ratio (TTM)19.49
EPS (TTM)2.36
Earnings DateN/A
Forward Dividend & Yield2.55 (5.41%)
Ex-Dividend Date2018-05-17
1y Target Est53.23
Trade prices are not sourced from all markets
  • Rising costs crimp HSBC's first-half profit
    Reuters Videos8 days ago

    Rising costs crimp HSBC's first-half profit

    HSBC reported a pretax profit of $10.7 billion in the six months through June, but invstors were disappointed by rising expenses from investments in the company's new growth strategy. Thuy Ong reports.

  • HSBC Shifts London's Control Over European Units to France
    Zacks4 days ago

    HSBC Shifts London's Control Over European Units to France

    HSBC Holdings (HSBC) is transferring its London subsidiary's control over other European branches to ensure continuous functioning irrespective of Brexit outcome.

  • HSBC shifts European branches to French unit control ahead of Brexit
    Reuters6 days ago

    HSBC shifts European branches to French unit control ahead of Brexit

    HSBC (HSBA.L) has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain's exit from the European Union. HSBC France will also acquire the activities of seven European branches in Belgium, the Czech Republic, Ireland, Italy, Luxembourg, the Netherlands and Spain, Europe's biggest bank said on Wednesday. The move is aimed at ensuring HSBC can continue to serve its European customers ahead of Britain's exit from the EU in March 2019, after which British-based firms are expected to lose so-called passporting rights that allow them to sell financial services in the bloc.

  • HSBC shifts European branches to French unit control ahead of Brexit
    Reuters6 days ago

    HSBC shifts European branches to French unit control ahead of Brexit

    HSBC (HSBA.L) has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more European branches, as it prepares for Britain's exit from the European Union. HSBC France will also acquire the activities of seven European branches in Belgium, the Czech Republic, Ireland, Italy, Luxembourg, the Netherlands and Spain, Europe's biggest bank said on Wednesday.

  • HSBC Eyes New Covered Bond Program in Uruguay Mortgage Push
    Bloomberg7 days ago

    HSBC Eyes New Covered Bond Program in Uruguay Mortgage Push

    The Uruguayan subsidiary of HSBC may seek regulatory approval as soon as next year for a second covered bond program of about $100 million as the bank aims to take 15 percent of the home loan market in two years, according to senior executives. “I wouldn’t rule out pitching a new program to the central bank if the origination of mortgages continues according to our forecasts and if pension funds and insurance companies still have room” within their portfolio limits, Enrique Goyetche, head of global markets at the local unit, said in an interview. HSBC is the only local lender that is funding a portion of its home loan business through a type of covered bond, known locally as notas de credito hipotecarias.

  • GlaxoSmithKline appoints HSBC's Iain Mackay as new CFO
    Reuters7 days ago

    GlaxoSmithKline appoints HSBC's Iain Mackay as new CFO

    GlaxoSmithKline (GSK.L) has named Iain Mackay from global bank HSBC (HSBA.L) as its new chief financial officer, marking another key appointment by Chief Executive Emma Walmsley as she reshapes the top team at Britain's biggest drugmaker. Mackay, 56, will leave HSBC at the end of the year and join GSK on Jan. 14, 2019, when he will become CFO designate, the pharmaceuticals group said on Tuesday. The phased move allows for a transition period from January and the end of March 2019, during which GSK's current finance chief, Simon Dingemans, will hand over the ropes before Mackay takes on full responsibility from April 1.

  • Reuters7 days ago

    GlaxoSmithKline appoints HSBC's Iain Mackay as new CFO

    GlaxoSmithKline has named Iain Mackay from global bank HSBC as its new chief financial officer, marking another key appointment by Chief Executive Emma Walmsley as she reshapes the top team at Britain's biggest drugmaker. Mackay, 56, will leave HSBC at the end of the year and join GSK on Jan. 14, 2019, when he will become CFO designate, the pharmaceuticals group said on Tuesday. The phased move allows for a transition period from January and the end of March 2019, during which GSK's current finance chief, Simon Dingemans, will hand over the ropes before Mackay takes on full responsibility from April 1.

  • Reuters7 days ago

    HSBC confirms Stevenson to start as finance director on Jan. 1, 2019

    LONDON (Reuters) - Ewen Stevenson, who is currently the chief financial officer of Royal Bank of Scotland (RBS.L), will become finance director of HSBC (HSBA.L) on Jan. 1, 2019 , HSBC said on Tuesday. ...

  • Reuters7 days ago

    BRIEF-HSBC says Ewen Stevenson to become Group CFO on January 1 2019

    Aug 7 (Reuters) - Hsbc Holdings Plc: * GROUP FINANCE DIRECTOR - CONFIRMATION OF DATES * IAIN MACKAY WILL RETIRE AS EXECUTIVE DIRECTOR AND GROUP FINANCE DIRECTOR OF COMPANY ON 31 DECEMBER 2018 * EWEN STEVENSON ...

  • Reuters7 days ago

    Rising costs and U.S. settlement crimp HSBC's first-half profit

    HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million settlement for alleged mis-selling of U.S. mortgage securities ate into higher revenues. Shares in Europe's biggest bank dipped in London as investors and analysts await clearer signs of progress in the new HSBC management's strategy of shifting into growth mode after years of shrinking its global empire. HSBC reported on Monday a pretax profit of $10.7 billion in the six months through June, up 4.6 percent from the year-ago period.

  • The Wall Street Journal7 days ago

    [$$] HSBC’s Profit Dented by Higher Expenses

    HSBC Holdings PLC said higher costs weighed on first-half profit as it embraces ambitious growth plans and steps up investment in technology and its expanding China business. Chief Executive John Flint said the higher costs were expected after it announced plans in June to invest up to $17 billion in those areas and other parts of its business by 2020. Mr. Flint, who started as CEO in February after a career in other top HSBC jobs, laid out his strategy in June stating the bank plans to make investments to help improve its returns.

  • Thomson Reuters StreetEvents8 days ago

    Edited Transcript of HSBA.L earnings conference call or presentation 6-Aug-18 6:30am GMT

    Half Year 2018 HSBC Holdings PLC Earnings Call

  • Reuters8 days ago

    European shares dip as HSBC disappoints, trade fears linger on

    By Helen Reid LONDON (Reuters) - European shares dipped on Monday in choppy trading as HSBC, Europe's biggest bank, disappointed investors, while doubts over a planned $87 billion tie-up with Praxair sank ...

  • FTSE supported by oil stocks; HSBC eases
    Reuters8 days ago

    FTSE supported by oil stocks; HSBC eases

    Britain's top share index ticked higher on Monday as energy stocks tracked rising oil prices, while HSBC fell after its earnings update failed to impress. The FTSE 100 (.FTSE) ended the session up 0.1 percent at 7,663.78 points, also supported by a further fall in the pound on worries over Britain's exit from the EU, although the index remained within the tight range of recent weeks. HSBC (HSBA.L) fell 1 percent following mixed results.

  • Reuters8 days ago

    European shares dip as HSBC disappoints, trade fears linger on

    European shares dipped on Monday in choppy trading as HSBC, Europe's biggest bank, disappointed investors, while doubts over a planned $87 billion tie-up with Praxair sank shares in German industrial gases group Linde. Concern over a trade dispute between the United States and China and a mixed bag of corporate results also weighed on Wall Street, which opened flat.

  • HSBC Q2 Pre-tax Earnings Up on High Revenues, Costs Escalate
    Zacks8 days ago

    HSBC Q2 Pre-tax Earnings Up on High Revenues, Costs Escalate

    HSBC Holdings (HSBC) reports impressive earnings for second-quarter 2018, driven by higher revenues.

  • Financial Times8 days ago

    [$$] HSBC: snark-infested waters

    On Monday, HSBC revealed a growing gap between the growth of its revenues and costs. HSBC’s costs rose nearly 6 per cent more quickly than revenue in the first half of the year. Interest rates in Hong Kong, where the group generated 43 per cent of 2017 pre-tax profits, are ticking up.

  • CNBC8 days ago

    Stocks making the biggest moves premarket: PEP, BRKB, CAH, TSN, PX & more

    Indra Nooyi will step down as CEO of the snack and beverage giant on October 3 after 12 years, replaced by President Ramon Laguarta. Berkshire Hathaway BRK.A – Berkshire reported quarterly profit of $4190.13 per "A" share , beating the consensus estimate of $3386.62, while revenue also topped estimates. Warren Buffett's firm saw profits jump 67 percent from a year earlier, helped in part by a rebound in Berkshire's insurance business.

  • TheStreet.com8 days ago

    HSBC Slips as Risings Costs Overshadow Solid First Half Profits

    shares were marked lower in London trading as investors focused on the risings costs associated with the bank's planned expansion in Asia even as Europe's biggest bank reported stronger-than-expected first half profits. HSBC said profits for the six months ending in June rose 4.6% from last year to $10.7 billion, topping the consensus forecast, while adjusted group revenues grew 2% to $13.7 billion, a figure that fell modestly shy of analysts' estimates. HSBC also said it will hold its dividend in place at 10 cents a share as it pursue's its current strategy of returning to growth and creating value.

  • Reuters8 days ago

    HSBC posts small rise in H1 profit, as expenses, U.S. settlement weigh

    HONG KONG/LONDON (Reuters) - HSBC Holdings Plc posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a $765 million provision against sale of U.S. mortgage securities ate into higher revenues. Europe's biggest bank, which is shifting into growth mode after years of shrinking its global empire and restructuring the business, reported on Monday a pretax profit of $10.7 billion in the six months through June, up 4.6 percent from the year-ago period. Flint set out in June a three-year plan to invest $15 billion-$17 billion in areas such as technology and in China.

  • HSBC's Equities Unit Worst Among Banks Amid Surge for Rivals
    Bloomberg8 days ago

    HSBC's Equities Unit Worst Among Banks Amid Surge for Rivals

    HSBC Holdings Plc posted one of the worst equities-trading revenue performances among global banks in the second quarter amid an overall slump at its markets business. Revenue from stock trading at the Asia-focused bank fell 17 percent to $279 million, according to a company presentation. U.S. banks posted a 14 percent average increase for the period and some of HSBC’s European rivals, including UBS Group AG and BNP Paribas SA, reported similar gains as volatility in markets soared in the final weeks of June.

  • Bloomberg8 days ago

    HSBC's Equities Unit Worst Among Global Banks Amid Markets Slump

    HSBC Holdings Plc posted one of the worst equities-trading revenue performances among global banks in the second quarter amid an overall slump at its markets business.

  • Bloomberg8 days ago

    HSBC's Growth Misses as New Chief Flint Bets on Asian Markets

    HSBC Holdings Plc’s aggressive bet on Asian markets hasn’t been enough to cushion a slump in Europe. HSBC is investing in technology upgrades and building its China business, the centerpiece of new Chief Executive Officer John Flint’s strategy. Flint, promoted in February, plans to grow the global behemoth by expanding in key Asian markets including China, with an investment of $17 billion in the region.

  • HSBC's Cost Problem Is a Downer for Investors
    Bloomberg8 days ago

    HSBC's Cost Problem Is a Downer for Investors

    HSBC Holdings Plc investors should strap in for a bumpy ride. With costs rising in the first half, the London-based lender may find tamping down expenses a challenge as it moves ahead with its pivot to Asia and a focus on China’s Pearl River Delta. The brewing trade war that has swept across the bank’s largest markets in the region will test new Chief Executive Officer John Flint’s goal of delivering revenue gains that outpace cost increases – what analysts refer to as positive jaws – this year.

  • Financial Times8 days ago

    [$$] HSBC profit weighed down by higher expenses

    between China and the US that threatens to rock investor sentiment later this year. On Monday HSBC said its operating expenses hit $8.1bn in the three months to June, 7 per cent higher than the same period last year after adjusting for currency movements.