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HSBC (HSBC)

(Delayed Data from NYSE)

$42.98 USD

42.98
1,471,044

-0.35 (-0.81%)

Updated Jul 9, 2024 04:00 PM ET

After-Market: $42.98 0.00 (0.00%) 6:24 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

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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 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

Better trading starts here.

Zacks News

HSBC to Hire 50 Bankers to Serve Startups Via Venture Lending

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

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

Sheraz Mian headshot

Top Analyst Reports for Exxon Mobil, PepsiCo & HSBC

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

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

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

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

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

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

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

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

HSBC receives approval to sell its Russia unit to Expobank.

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

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

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

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

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

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

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

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

HSBC Faces Penalty for Failing to Protect Customer Deposits

HSBC faces a fine of 57.4 million pounds by the BoE for serious failings in its measures to protect customer deposits over several years.

ICICI Bank (IBN) Q3 Earnings Improve on Higher NII, Costs Rise

ICICI Bank's (IBN) fiscal third-quarter results reflect a rise in revenues, solid loans and deposit balances, and reduced provisions, amid elevated expenses.

HSBC Holdings (HSBC) Plans to Launch Global Payments App Zing

In sync with its plan to become a leading financial institution for internationally mobile customers, HSBC Holdings (HSBC) will launch a global money-transfer app, Zing, in the coming days.

HSBC Wraps Up Sale of France-Based Retail Banking Business

HSBC completes the divestiture of its French retail banking business. The company will continue to provide wealth and private banking businesses in the country.

HSBC's Deal to Divest Canadian Business Gets Conditional Nod

HSBC's proposed divestiture of the Canadian business to Royal Bank of Canada (RY) receives final approval.

Saloni Jhunjhunwala headshot

Will Citigroup's (C) Business Transformation Moves Aid in 2024?

With a view to enhance efficiency and generate higher returns, Citigroup (C) continues to undertake various strategic business transformational initiatives. Will this have a positive impact on the stock in 2024?

HSBC, BNP Paribas (BNPQY) May Face Fines for Naked Short Selling

South Korea's financial watchdog recommends imposing a fine on HSBC and BNP Paribas (BNPQY) for naked short selling.

Mark Vickery headshot

Top Research Reports for Meta Platforms, Broadcom & Toyota Motor

Today's Research Daily features new research reports on 16 major stocks, including Meta Platforms, Inc. (META), Broadcom Inc. (AVGO) and Toyota Motor Corporation (TM).