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HSBC (HSBC)

(Delayed Data from NYSE)

$43.74 USD

43.74
1,173,080

+0.87 (2.03%)

Updated Sep 9, 2024 04:00 PM ET

After-Market: $43.74 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 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

ING Groep to Shut Branches Amid Shift Toward Digitalization

ING Groep's (ING) digitalization plans receive a boost as the bank will shut down branches amid dwindling footfall and larger adoption of digital means by customers due to the pandemic.

Credit Suisse (CS) Plans to Take 100% Ownership in China JV

Credit Suisse (CS) plans to raise the ownership stake in its China joint venture to boost revenues and increase market share.

    HSBC Intends to Cut 38% Jobs in French Global Banking Unit

    HSBC Holdings (HSBC) is planning to shed a sizeable number of jobs in France in line with its restructuring plans to control costs.

    Commerzbank (CRZBY) Mulling Massive Job Cuts to Control Costs

    Commerzbank (CRZBY) plans job cuts and branch closures to address shareholders' criticism of ineffective cost-cutting measures.

    Deutsche Bank (DB) to Settle Data Reporting & Spoofing Cases

    Deutsche Bank (DB) settles two enforcement matters with the CFTC. The reduced penalty amount reflects the bank's cooperation in the investigation.

    HSBC Revives Job Cut Plan After Coronavirus Pandemic Pause

    As HSBC Holdings (HSBC) continues to face a challenging operating backdrop, it revives plans to cut 35,000 jobs.

    Citi to Boost Corporate Lending in Europe Amid Coronavirus Woes

    Citigroup (C) intends to expand commercial banking operations across EMEA to grab opportunities created on retreating of many competitors from the market due to the coronavirus-induced recession.

      HSBC Intends to Acquire Remaining Stake of German Division

      HSBC Holdings (HSBC) poised to take control of German unit by buying the remaining stake.

      HSBC Board Pressures Executives to Deepen Restructuring

      To cope with the economic fallout of the pandemic, the board of HSBC wants executives to deepen restructuring efforts, which may include further job cuts.

      HSBC & Others Accelerate Digital Push Amid Coronavirus Scare

      Banking giants like Citigroup (C), HSBC and others try to speed up the pace of their digital offerings amid the current crisis to ward-off competition from digital startups in Asia.

      Mitsubishi UFJ (MUFG) Records Dismal Earnings in Fiscal 2019

      Mitsubishi UFJ (MUFG) reports disappointing earnings for fiscal 2019 (Mar 31, 2020), mainly affected by net extraordinary losses which resulted from one-time amortization of goodwill.

      ICICI Bank (IBN) Q4 Earnings Increase Y/Y, Provisions Jump

      Revenue growth supports ICICI Bank's (IBN) fiscal Q4 results. However, increase in provisions is an undermining factor.

      HSBC Agrees to Buy Remaining Stake in China Life Insurance JV

      HSBC enters a deal to acquire the remaining 50% equity interest in its life insurance joint venture in China.

      Royal Bank of Scotland (RBS) Q1 Earnings Fall Y/Y, Costs Down

      Royal Bank of Scotland's (RBS) first-quarter results reflect lower interest income and expenses.

      Deutsche Bank (DB) Q1 Earnings Rise Y/Y on Higher Revenues

      Deutsche Bank's (DB) Q1 results reflect the positive impacts of higher revenues and lower costs despite a surge in provisions.

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

      Barclays (BCS) records significantly higher credit impairment charges in the first quarter of 2020.

      HSBC Q1 Pre-Tax Profit Declines Y/Y on Coronavirus Woes

      HSBC witnesses a decline in expenses and revenues in the first quarter of 2020.

      Stock Market News for Apr 9, 2020

      U.S. stocks ended sharply higher on Wednesday following investors' expectations that the U.S. economy may reopen earlier than it was previously decided.

      UBS to Pay 2019 Dividend in Two Parts Amid Coronavirus Crisis

      Following the Swiss Financial Market Supervisory Authority's ("FINMA") request, UBS Group AG (UBS) agrees to pay the financial-year 2019 dividend in two installments.

      HSBC Admits of Possible Anti-Money Laundering Law Breaches

      HSBC reports itself to the Australian financial regulator for potential breaches of anti-money laundering rules by its subsidiary in Australia.

      HSBC Outlook Downgraded by Fitch on Coronavirus Concerns

      Strong capital and liquidity profile and earnings-generation capability keep HSBC well-poised to deal with the pandemic-led uncertainties.

        Deutsche Bank (DB) to Scrap 2020 Bonus for Top Management

        Deutsche Bank (DB) intends to keep sufficient liquidity to remain well-poised amid the coronavirus-induced economic uncertainties.

        Royal Bank of Scotland Trims London Securitized Credit Team

        Royal Bank of Scotland (RBS) continues to restructure operations amid several lingering concerns related to the coronavirus outbreak.

        Swayta Shah headshot

        UK Banks Scrap Shareholder Distribution: US to Follow Suit?

        U.K.-based major banks bend to pressure from regulators and suspend shareholder distributions. Now, it's the turn of U.S. banks to do the same.

        UBS Group to Pay 2019 Dividend Despite FINMA's Plea to Freeze

        UBS Group (UBS) to continue with the 2019 dividend payout despite several lingering concerns related to the coronavirus outbreak.