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HSBC (HSBC)

(Delayed Data from NYSE)

$41.90 USD

41.90
1,402,818

+0.09 (0.22%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $41.90 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (147 out of 252)

Industry: Banks - Foreign

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Better trading starts here.

Zacks News

The Zacks Analyst Blog Highlights Oracle, HSBC, RTX, Marsh & McLennan and Chipotle Mexican Grill

by Zacks Equity Research

Oracle, HSBC, RTX, Marsh & McLennan and Chipotle Mexican Grill are part of the Zacks top Analyst Blog.

Sheraz Mian headshot

Earnings Season Scorecard and Analyst Reports for Oracle, HSBC & RTX

by Sheraz Mian

Today's Research Daily features a real-time update on the Q1 earnings season and new research reports on Oracle (ORCL), HSBC (HSBC), RTX (RTX) and others.

Barclays (BCS) Q1 Earnings, Revenues & Expenses Decline Y/Y

by Zacks Equity Research

Barclays (BCS) records y/y lower credit impairment charges in the first quarter of 2024.

UBS Group (UBS) to Swap Stake in CS Securities in China

by Zacks Equity Research

UBS Group (UBS) is seeking to swap its holding in Credit Suisse Securities in order to gain the complete ownership of its joint venture UBS Securities in China.

HSBC to Divest Argentina Business Under Asia Pivot Strategy

by Zacks Equity Research

HSBC to divest its Argentina business in order to sharpen its focus on Asia. The deal, valued at $550 million, is expected to be completed within the next 12 months.

HSBC Explores Selling Few German Business Units Amid Asia Focus

by Zacks Equity Research

HSBC considers selling its wealth-management, custody and fund administration units in Germany in an effort to focus more on Asia operations.

HSBC Closes Sale of Canada Business to Royal Bank of Canada

by Zacks Equity Research

HSBC completes the sale of its retail banking business in Canada. The deal will lead to a gain on sale of $4.9 billion in the first quarter of 2024. The company also plans to announce a special dividend.

First Citizens BancShares (FCNCA) to Buy SVB India Business

by Zacks Equity Research

First Citizens BancShares (FCNCA) agrees to acquire Silicon Valley Bank's Indian subsidiary, SVB Global Services India LLP.

HSBC to Hire 50 Bankers to Serve Startups Via Venture Lending

by Zacks Equity Research

HSBC announces plans to hire 50 bankers to expand offerings and serve startups through venture lending. This strategic initiative will boost its market penetration to gain long-term business.

The Zacks Analyst Blog Highlights Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings

by Zacks Equity Research

Exxon Mobil, PepsiCo, HSBC, Cadence Design Systems and CrowdStrike Holdings are part of the Zacks top Analyst Blog.

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Top Analyst Reports for Exxon Mobil, PepsiCo & HSBC

by Sheraz Mian

Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), PepsiCo, Inc. (PEP) and HSBC Holdings plc (HSBC).

Capital One (COF) Gets Victory in Lawsuit Filed by Cardholders

by Zacks Equity Research

A U.S. district judge dismisses lawsuit filed by cardholders against Capital One (COF), citing overcharging of customers on foreign currency related transactions.

JPMorgan (JPM) Picks Firms for Hong Kong, Taiwan Custody Business

by Zacks Equity Research

JPMorgan (JPM) selects HSBC and Standard Chartered to run its custody business in Hong Kong and Taiwan.

Royal Bank of Canada (RY) Q1 Earnings Fall on Higher Provisions

by Zacks Equity Research

Substantial rise in provisions and higher non-interest expenses hurt Royal Bank of Canada's (RY) fiscal Q1 earnings, while an increase in revenues offers some support.

Barclays (BCS) to Face Class Action Suit Regarding Debt Sale

by Zacks Equity Research

Barclays (BCS) will face a proposed class action by shareholders, accusing the bank of securities fraud related to the sale of unregistered securities.

Company News for Feb 22, 2024

by Zacks Equity Research

Companies in The News Are: EXC, ADI, HSBC, WBA

HSBC Q4 Pre-Tax Earnings Fall on One-Time Impairment Charges

by Zacks Equity Research

Decline in operating expenses supports HSBC's Q4 results, while one-time impairment charges, lower revenues and a rise in ECL are undermining factors.

HSBC Gets Russia Unit Sale Approval, Paves Way for Full Exit

by Zacks Equity Research

HSBC receives approval to sell its Russia unit to Expobank.

Wells Frago's (WFC) 2016 Consent Order Terminated by OCC

by Zacks Equity Research

Wells Frago (WFC) comes out of a legal hassle with the termination of the consent order imposed in 2016 relating to the fake account scandal. The order was uplifted by OCC.

Citigroup (C) to Cut 10% Jobs in Its Wealth Segment in London

by Zacks Equity Research

Citigroup (C) is planning to reduce 10% of its Wealth segment workforce in London, which will likely lower its expense base.

HSBC Holdings (HSBC) to Sell Armenian Unit to Ardshinbank

by Zacks Equity Research

HSBC Holdings (HSBC) signs a deal to divest its Armenian unit to Ardishinbank. This is part of the former's strategic review, under which the bank plans to bolster its Asia presence.

Mitsubishi UFJ's (MUFG) Nine Months Earnings Increase Y/Y

by Zacks Equity Research

Mitsubishi UFJ (MUFG) records a rise in gross profits, net fees and commissions as well as net trading profits in the first nine months of fiscal 2024.

Itau Unibanco (ITUB) Q4 Earnings & Revenues Increase Y/Y

by Zacks Equity Research

Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in fourth-quarter 2023.

Deutsche Bank (DB) Q4 Earnings Fall Y/Y, Revenues Rise

by Zacks Equity Research

While the segmental performances are not impressive, apart from the Corporate and Investment Bank divisions, a rise in overall net revenues supports Deutsche Bank's (DB) Q4 earnings.

Barclays (BCS) is Now Looking for Buyout Firms for U.K. Unit Sale

by Zacks Equity Research

Barclays (BCS) now considers selling a majority stake in its U.K. merchants' payment processing unit to buyout firms.