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HSBC (HSBC)

(Delayed Data from NYSE)

$41.30 USD

41.30
3,415,368

-1.16 (-2.73%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $41.30 0.00 (0.00%) 6:08 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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

C Value F Growth F Momentum F 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 20% (49 out of 251)

Industry: Banks - Foreign

Better trading starts here.

Zacks News

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.

HSBC to Streamline Operations in Germany Amid Asia Expansion

HSBC is considering restructuring its Germany-based business through the sale of fund administration unit INKA and custody business as well as wealth management operations.

HSBC's Restructuring Efforts & High Rates Aid Amid Cost Woes

HSBC remains well-poised for growth on strategic business restructuring efforts, high rates, and an integrated global network. However, a rising expense base and a tough operating backdrop are concerns.

The Zacks Analyst Blog Highlights Qualcomm, Alibaba, HSBC and PrimeEnergy Resources

Qualcomm, Alibaba, HSBC and PrimeEnergy Resources are part of the Zacks top Analyst Blog.

HSBC's Swiss Branch Violates Money Laundering Regulations

FINMA rules that HSBC Private Bank (Suisse) violated money laundering regulations in connection with two unnamed politically exposed people.

Mark Vickery headshot

Top Research Reports for Qualcomm, Alibaba & HSBC

Today's Research Daily features new research reports on 16 major stocks, including Qualcomm Inc. (QCOM), Alibaba Group Holding Ltd. (BABA) and HSBC Holdings plc (HSBC), as well a micro-cap stock PrimeEnergy Resources Corp. (PNRG).

UBS Group (UBS) Plans to Divest Credit Suisse's China Unit

UBS Group (UBS) enters into final discussions to sell its China brokerage venture of Credit Suisse. On completion of the transaction, UBS is set to retain 15% ownership of the Credit Suisse venture.

Citigroup (C) Divests Consumer Wealth Business to HSBC in China

Citigroup (C) announces that it has closed the sale and migration of its onshore consumer wealth portfolio in China to HSBC. The divestment aligns with a strategy to exit consumer banking operations.

VersaBank (VBNK) Gets Fed Nod for Stearns Bank Holdingford Deal

VersaBank (VBNK) gets the Fed's approval to acquire Stearns Bank Holdingford. The deal will enable the company to broadly introduce its Receivable Purchase Program (RPP) in the United States.

HSBC Completes Transfer of Russia Unit Ownership to Expobank

HSBC completes the sale of its Russia unit to Expobank for an undisclosed fee.

Deutsche Bank (DB) Plans to Discontinue Numis' US Operations

Deutsche Bank (DB) plans to close down Numis' U.S. operations following a reduction in the latter's estimated value.

Citigroup (C) Faces Penalty of $78.4M for 2022 Flash Crash

Citigroup (C) is being fined $78.4 million by two British regulators due to an inputting error, leading to a flash crash in 2022.

Zacks Industry Outlook Highlights HSBC Holdings, Barclays and Deutsche Bank

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

Nikita Kataruka headshot

3 Foreign Bank Stocks Worth a Look in a Prospering Industry

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