HSBC Holdings plc
HSBC-
HSBC Holdings increased 4.3% to $47.12 after the UK- and Hong Kong-based bank reported rising revenue and earnings in the September quarter.
Revenue increased 5% to $17.21 billion from $16.7 billion, and net income advanced 8% to $6.7 billion from $6.2 billion a year ago, respectively.
The largest European bank also announced a stock repurchase plan of $3 billion.
Oct 29, 2024 -
HSBC Holdings declined 7.6% to 594.40 pence, despite the UK-based and China-focused global bank reporting a sharp jump in profit and announcing a stock buyback program.
The bank reported a 56% surge in its annual profit in 2023 to $22.43 billion from $14.83 billion, and income per share increased to $1.15 from 72 cents a year ago, respectively.
Revenue in 2023 rose 30% to $66.1 billion, driven by a $5.4 billion increase in net interest income and a $10.0 billion increase in non-interest income.
The net interest margin increased by 24 basis points to 1.66%, with $3.4 billion in expected credit losses and other impairment charges.
The bank announced a new $2 billion stock repurchase plan and hiked its full-year dividend to 61 U.S. cents from 32 U.S. cents a year ago.
Revenue in the fourth quarter declined 11% to $13 billion after the company reclassified its retail operation in France as "held of sale," and after-tax profit dropped by $4 billion to $0.2 billion.
The bank took an impairment charge of $3.0 billion related to its Shanghai, China-based BoCom.
Feb 21, 2024
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| Trading Volume | 39,282 |
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45.13 - 36.01 |
| Market Cap Full | $ 895.2B |
Quarterly +
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Q1 | -0.8% | -2.9% | 9.5% | 14.2% |
| Q2 | - | 3.1% | 16.1% | -5.2% |
| Q3 | - | -2.3% | -0.4% | -20.2% |
| Q4 | - | 3.1% | 3.9% | 19.5% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2025 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.8 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -3 | -0.4 | 0.5 | 3 | - | - | - | -2.3 | - | - | - | - |
| 2023 | |||||||||||
| 18.5 | 3.7 | -10.9 | 5.6 | 2.1 | 7.6 | 5.5 | -10.7 | 5.7 | -7.9 | 5.8 | 5.5 |
| 2022 | |||||||||||
| 17.4 | -2.6 | -0.2 | -10 | 7.9 | -2.4 | -3.9 | -1.8 | -15.4 | -0.6 | 19.1 | 1 |
| 2021 | |||||||||||
| 1.5 | 13.6 | -2.1 | 7.3 | 3.7 | -10.9 | -4.5 | -4.1 | -1.1 | 14.9 | -7.9 | 9.1 |
| 2020 | |||||||||||
| -6.6 | -9.3 | -15.1 | -8.1 | -10.4 | 1.2 | -2.9 | -4.5 | -9.5 | 6.8 | 23.9 | -0.5 |
EPS
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Q1 | 2.6 | 0.7 | 1 | 0.5 |
| Q2 | 1.7 | 0 | 0 | 0 |
| Q3 | 1.5 | 0.5 | 0.9 | 0.4 |
| Q4 | 0 | 1.2 | 0 | 0 |
| A | 5.75 | 2.35 | 1.8 | 0.8 |