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HSBC

HSBC Holdings plc

HSBC

NYSE·Financial Services·Banks - Diversified·Mkt cap $329.3B

$96.78

+1.01%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$60.52 - $97.88

P/E

16.00

Fwd P/E

10.42

Beta

0.58

Div Yield

3.86%

Avg Vol

1.8M

Shares Out

3.4B

Mkt Cap

$329.3B

Price action

Price chart

Up 58.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Global presence across 60+ countries with established local market expertise and customer relationships
  • Diversified revenue streams across retail, commercial, and institutional banking reducing sector concentration risk
  • Strong brand recognition and 160+ year heritage providing customer trust and competitive positioning
  • Extensive international payment and trade finance capabilities supporting cross-border commerce
  • Significant scale enabling investment in technology, compliance infrastructure, and digital banking platforms

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Revenue decline expected

Digital transformation and fintech integration expanding customer reach and operational efficiency

Value

Attractively priced below Commercial Banking peer average

Momentum

Strong

+13.5% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

3.86% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 29, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $2.00 vs $2.18 consensus (-8.3% surprise). Revenue of $19.1B vs $18.6B expected (+2.8%).

EPS miss
Rev beat +2.8%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-8.3%

Next: Jul 29, 2026

Revenue trend · last 8Q

+4%

-70%

+6%

+87%

+91%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$58.7B

$16.9B

$16.7B

$17.7B

$33.7B

$33.5B

$28.2B

$33.8B

Margins · last 8Q

Gross

56.5%

Operating

27.7%

Profit

21.7%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: Deutsche Bank · Jun 23, 2026

vs Industry

How HSBC stacks vs Banks - Diversified

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.