Back to top
more

HSBC (HSBC)

(Delayed Data from NYSE)

$43.33 USD

43.33
617,326

-0.08 (-0.18%)

Updated Jul 8, 2024 04:00 PM ET

Pre-Market: $42.96 -0.37 (-0.85%) 8:12 AM 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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 D 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 12% (30 out of 250)

Industry: Banks - Foreign

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Barclays (BCS) to Sell German Consumer Finance Business

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

HSBC's Swiss Branch Violates Money Laundering Regulations

by Zacks Equity Research

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

by Mark Vickery

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Nikita Kataruka

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

HSBC Q1 Pre-Tax Earnings Decline as Expenses Increase Y/Y

by Zacks Equity Research

HSBC records a y/y increase in revenues in the first quarter of 2024.

BNY Mellon (BK) Plans to Divest Canada Unit to Computershare

by Zacks Equity Research

BNY Mellon (BK) signs a deal to divest its Canada business while at the same time focusing on global expansion efforts. The financial terms of the deal remain undisclosed.

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.