Back to top
more

HSBC (HSBC)

(Delayed Data from NYSE)

$44.35 USD

44.35
771,413

+0.07 (0.16%)

Updated Oct 11, 2024 04:00 PM ET

After-Market: $44.35 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%

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

A Value D Growth A Momentum B 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 18% (46 out of 250)

Industry: Banks - Foreign

Better trading starts here.

Zacks News

Scotia Bank's (BNS) Q3 Earnings Impressive, Costs Escalate

The Bank of Nova Scotia's (BNS) third-quarter fiscal 2019 (ended Jul 31) earnings reflect higher revenues, its solid capital levels and elevated expenses.

Canadian Imperial (CM) Up as Q3 Earnings & Revenues Rise

Higher interest income, fee revenues and a strong balance sheet position support Canadian Imperial's (CM) fiscal Q3 earnings.

Royal Bank of Canada (RY) Q3 Earnings Improve Y/Y, Costs Rise

Royal Bank of Canada (RY) witnesses higher revenues and rise in expenses in third-quarter fiscal 2019.

HSBC Plans to Bid for Aviva Asia Business, Seeks to Diversify

HSBC is in the early stage of weighing an offer for the Asia operations of Aviva.

    HSBC to Resolve Belgium Money Laundering Lawsuit for $336M

    HSBC Holdings' (HSBC) agreement to settle Belgium money laundering and tax fraud lawsuit is a step in the right direction.

    Will JPM, MS Get Nod for Majority Stake in China Ventures?

    JPMorgan (JPM) and Morgan Stanley (MS) acquire majority stake in their respective Chinese joint ventures. However, getting regulatory nod for the same can be difficult.

    HSBC Plans to Lay Off 4,000 Employees Globally to Cut Costs

    HSBC will likely reduce 2% of its workforce, i.e. 4,000 jobs globally, to reduce costs.

    HSBC Q2 Pre-Tax Earnings Improve as Revenues Rise, Costs Fall

    HSBC witnesses growth in revenues in the second quarter of 2019. Moreover, a marginal decline in expenses acts as a tailwind.

    Barclays (BCS) Q2 Earnings & Revenues Down Amid Brexit Woes

    Lower revenues and increase in costs hurt Barclays' (BCS) Q2 earnings.

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

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

    ICICI Bank (IBN) Stock Jumps 6.1% as Q1 Earnings Increase

    Higher revenues and significant fall in credit costs support ICICI Bank's (IBN) fiscal Q1 earnings.

    Will Regulators Approve Deutsche's Lower Capital Request?

    Deutsche Bank (DB) seeks regulators' approval to reduce capital buffer so that its CEO's major overhaul plans can be financed.

    MUFG Seeks to Sell Remaining Portion of CNX Resources Bonds

    Mitsubishi UFJ (MUFG) is likely to incur loss on its first deal as sole underwriter, as it continues to lower price of the bonds purchased from CNX Resources.

    Deutsche Bank Plans to Reduce Global Headcount by 20,000

    Deutsche Bank (DB) aims to improve profitability by undertaking cost cuts due to muted performance of its investment banking segment.

    Deutsche Bank (DB) Incurrs Losses on U.S.-Leveraged Loans

    Deutsche Bank (DB) runs into multimillion-dollar losses in its U.S. investment banking arm on offloading the two loans underwritten for private equity clients.

    The Zacks Analyst Blog Highlights: Deutsche Bank, HSBC, DBS and Banco Latinoamericano

    The Zacks Analyst Blog Highlights: Deutsche Bank, HSBC, DBS and Banco Latinoamericano

    Credit Suisse to Merge Investment Fund Unit With Allfunds

    Credit Suisse (CS) expects the deal to boost service offerings to asset managers and distributors, and lead to 0.5% increase in return on tangible equity for 2019.

    Fed Questions Deutsche Bank (DB) for 'Bad Bank' Proposal

    Fed officials question Deutsche Bank (DB) to elaborate on its proposed plan of creating a "bad bank" and impact on the U.S. arm of the German lender.

    HSBC on Expansion Spree, to Add Branches in Western New York

    HSBC Holdings (HSBC) intends to add retail branches in Western New York as part of its efforts to expand in the region.

    UBS Group Enters Joint Venture With a Japanese Trust Bank

    UBS Group's (UBS) joint venture with Sumitomo Mitsui Trust Holdings will enable the former to deepen ties in Japan and gain access to SMTH's affluent client base.

    HSBC Seeks to Slash Investment Bank Jobs for Cost Control

    HSBC Holdings (HSBC) intends to cut almost 500 jobs in the bank's investment banking division this year as it tightens its cost-cutting objective.

    HSBC Intends to Add 300 Retail Wealth Staff in Asia in 2019

    HSBC plans to increase Asia retail wealth management headcount by 300 by the end of this year.

    UBS Group Expects Regulatory Costs to Stay High in Near Term

    UBS Group (UBS) expects to incur high regulatory costs on account of new set of rules proposed by the Federal Reserve for foreign banks.

    What to Expect From Bank of Montreal (BMO) in Q2 Earnings?

    Dismal non-interest income performance and higher expenses are expected to hurt Bank of Montreal's (BMO) fiscal Q2 earnings.

    Deutsche Targets Further Cost Cutting in U.S. Equities Unit

    Deutsche Bank (DB) aims to improve profitability by undertaking cost cuts in the U.S. unit due to muted performance of the investment banking.