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HSBC (HSBC)

(Delayed Data from NYSE)

$42.87 USD

42.87
1,434,828

-1.07 (-2.44%)

Updated Sep 6, 2024 04:00 PM ET

After-Market: $42.88 +0.01 (0.02%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 D Growth D Momentum C 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

Top 11% (27 out of 249)

Industry: Banks - Foreign

Better trading starts here.

Zacks News

MUFG Seeks to Expand in EMEA With New Hires: Is the Stock a Buy?

Mitsubishi plans to hire seven bankers in London as part of its strategy to provide services to European tech startups and gain from the fast-growing region.

The Zacks Analyst Blog Highlights UnitedHealth, Procter & Gamble, HSBC and Oil-Dri

UnitedHealth, Procter & Gamble, HSBC and Oil-Dri are part of the Zacks Analyst Blog

Sheraz Mian headshot

Top Analyst Reports for UnitedHealth, Procter & Gamble & HSBC

Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Incorporated (UNH), The Procter & Gamble Company (PG) and HSBC Holdings plc (HSBC), as well as a micro-cap stock Oil-Dri Corporation of America (ODC).

Goldman Stock Up on Its Plans to Reduce Workforce Under SRA Strategy

GS plans to lay off more than 1,300 employees under its annual performance review, yet expects to have a larger workforce in 2024 compared with the 2023 level.

HSBC's Next CEO Plans to Trim Middle Management to Save Costs

HSBC's incoming CEO plans to trim middle management jobs to streamline operations,, improve efficiency and reduce costs.

Interactive Brokers Allows Clients to Trade Stocks on Bursa Malaysia

IBKR gives its clients the opportunity to trade stocks on one of the largest stock exchanges in Southeast Asia, Bursa Malaysia, expanding its scope of trading.

Riya Anand headshot

Goldman Sachs, HSBC & Others to Pay $20M Over Metal Trading Probe

Goldman, HSBC, BASF and ICBC Standard Bank agreed to pay $20 million to settle the long-standing platinum price-fixing antitrust lawsuit.

HSBC India Forms Bancassurance Partnership With Bajaj Allianz

HSBC India enters a bancassurance partnership with Bajaj Allianz to offer the latter's insurance products and services to its customers in India.

TD Bank (TD) Takes $2.6B Hit for AML Penalty, Sells Schwab Stake

Toronto-Dominion (TD) takes a further provision of $2.6 billion in its fiscal third-quarter results for possible anti-money laundering penalties.

HSBC Explores South Africa Exit Under Asia Pivot Strategy

To align with its Asia-focus strategy, HSBC is mulling to divest its businesses in South Africa. This is likely to allow the company to expand in high-growth markets.

NewtekOne (NEWT) Agrees to Divest Newtek Technology to Paltalk

NewtekOne (NEWT) enters an agreement to sell its wholly-owned subsidiary to Paltalk.

Societe Generale (SCGLY) to Divest Operations, Boost Efficiency

Societe Generale (SCGLY) plans to divest its private banking businesses in the U.K. and Switzerland, and its Madagascar subsidiary as part of its broader restructuring strategy.

Wells Fargo (WFC) Faces Anti-Money Laundering, Sanctions Probe

Wells Fargo (WFC) discloses that it is under investigation for anti-money laundering and sanctions programs in its second-quarter SEC filing.

Mitsubishi UFJ (MUFG) to Extend in APAC With New Investment

Mitsubishi UFJ (MUFG) is expanding its foothold in Asia's digital financial market by investing in Globe Fintech Innovations.

Barclays (BCS) Q2 Earnings Fall Y/Y, 2024 NII View Raised

An increase in credit impairment charges hurt Barclays' (BCS) Q2 results, while higher revenues and a fall in expenses act as tailwinds.

HSBC Q2 Pre-Tax Earnings Increase Y/Y as ECL Charges Decline

HSBC records a y/y decline in revenues in the second quarter of 2024.

The Zacks Analyst Blog Highlights HSBC, Barclays, Plains All American Pipeline, Chewy and FTAI Aviation

HSBC, Barclays, Plains All American Pipeline, Chewy and FTAI Aviation are included in this Analyst Blog.

John Blank headshot

A Week for the Central Banks: Global Week Ahead

Futures tied to the Fed funds rate show investors pricing in a more than 90% chance of a September rate cut amid evidence of cooling inflation and a nascent downshift in the jobs market.

HSBC or CM: Which Is the Better Value Stock Right Now?

HSBC vs. CM: Which Stock Is the Better Value Option?

Zacks Industry Outlook Highlights HSBC, Barclays and Deutsche Bank

HSBC, Barclays and Deutsche Bank have been highlighted in this Industry Outlook article.

Visa (V) and HSBC Collaborate to Transform Global Payments

Visa (V) collaborates with HSBC to develop its Zing app and empower users to send money globally in a hassle-free way.

Nikita Kataruka headshot

3 Stocks Worth a Look From the Prospering Foreign Banks Industry

Despite concerns related to high restructuring costs, Zacks Foreign Bank industry stocks like HSBC, BCS and DB will benefit from higher rates.

Citigroup (C) Announces Discontinuation of Haiti Operations

Citigroup (C) plans to cease its operations in Haiti amid declining institutional demand and lower international activity in the market. This move aligns with the company's growth strategy.

Barclays (BCS) to Sell German Consumer Finance Business

In sync with its plan outlined in February, Barclays (BCS) announces the sale of its German consumer finance business. The deal will free up substantial capital and strengthen its balance sheet.

UBS Group (UBS) Seeks Capital Demand Clarity From Swiss Government

UBS Group (UBS) is pushing the Swiss government to clarify the additional capital requirements, fearing that negotiations will be delayed for months.