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HSBC (HSBC)

(Delayed Data from NYSE)

$41.30 USD

41.30
3,441,997

-1.16 (-2.73%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $41.30 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 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 16% (41 out of 251)

Industry: Banks - Foreign

Better trading starts here.

Zacks News

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.

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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).

HSBC to Further Engage in Mergers, Disposals for Asia Expansion

HSBC is looking for mergers, along with the disposal of unprofitable units in Asia, as part of its plan to expand its footprint in the region and serve its wealthy clients.

State Street (STT) to Take Full Ownership of Another India JV

State Street (STT) finalizes the plan to take full ownership of JV with HCLTech.

Barclays (BCS) in Talks to Buy Metro Bank's Mortgage Loans

With an aim to bolster its mortgage business and complement the Kensington acquisition, Barclays (BCS) is in talks to acquire Metro Bank's residential mortgage loans.

Rithm Capital (RITM) Closes Sculptor Capital Buyout for $719M

Rithm Capital's (RITM) acquisition of Sculptor Capital will enable it to enjoy a superior asset management business.

HSBC Rides on Asia-Focused Strategy, Rates Amid Rising Costs

Focus on the Asia region, restructuring initiatives and a robust capital position are likely to support HSBC's financials. However, rising costs and lower revenue generation are headwinds.

Barclays (BCS) Bids to Acquire Tesco's Banking Business

With a strategy to improve market share in the U.K., Barclays (BCS) places a bid to acquire Tesco Bank. The deal will open up opportunities to cross-sell products to Tesco Plc's customer base.

Mark Vickery headshot

Top Research Reports for BHP Group, HSBC & Qualcomm

Today's Research Daily features new research reports on 16 major stocks, including BHP Group Ltd. (BHP), HSBC Holdings plc (HSBC) and Qualcomm Inc. (QCOM).

HSBC to Offer Custody Services for Tokenized Securities

HSBC announces plan to launch a new digital assets custody service for institutional clients in 2024.

UBS Q3 Earnings Decline Y/Y on Higher Expenses, Revenues Up

A rise in operating expenses hinders UBS' Q3 earnings. Though the Business divisions' performances have not been so impressive, it managed to report higher revenues.

Best Income Stocks to Buy October 31st

HSBC, CPG and FLS made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 31, 2023.

HSBC Stock Up as Q3 Pre-Tax Earnings Jump on Higher Revenues

Higher revenues driven by an increase in net interest income support HSBC Holdings (HSBC) Q3 pre-tax earnings.

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Q3 Earnings Season Scorecard - Earnings Growth Turns Positive

Today's Research Daily features real-time scorecard of the Q3 earnings season in addition to Microsoft (MSFT), Novo Nordisk (NVO), Lowe's (LOW) and others.

Higher Rates to Aid HSBC's Q3 Earnings, IB &Trading to Hurt

Because of subdued market volatility and lower client activity, HSBC is expected to have recorded a decline in trading revenues in the third quarter of 2023.

ICICI Bank (IBN) Stock Gains as Q2 Earnings Rise on Higher NII

Rise in loan balance, higher NII and non-interest income, and improving credit quality support ICICI Bank's (IBN) fiscal Q2 earnings.

Best Value Stocks to Buy for October 19th

BBC, HSBC and SEM made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 19, 2023.