(HSBC) HSBC Holdings - Overview

Exchange: NYSE • Country: United Kingdom • Currency: USD • Type: Common Stock • ISIN: US4042804066

Stock: Banking, Loans, Cards, Insurance, Investments

Total Rating 56
Risk 82
Buy Signal 1.07

EPS (Earnings per Share)

EPS (Earnings per Share) of HSBC over the last years for every Quarter: "2020-12": 0.15, "2021-03": 0.95, "2021-06": 0.85, "2021-09": 0.85, "2021-12": 0.7, "2022-03": 0.7, "2022-06": 1.4, "2022-09": 0.5, "2022-12": 2.47, "2023-03": 0.52, "2023-06": 0.86, "2023-09": 1.45, "2023-12": -0.0397, "2024-03": 2.7028, "2024-06": 1.7117, "2024-09": 1.6897, "2024-12": 0.05, "2025-03": 0.39, "2025-06": 1.3103, "2025-09": 1.4002,

Revenue

Revenue of HSBC over the last years for every Quarter: 2020-12: 10583, 2021-03: 16759, 2021-06: 12849, 2021-09: 14891, 2021-12: 11539, 2022-03: 12225, 2022-06: 21431, 2022-09: 13917, 2022-12: 43540, 2023-03: 16530, 2023-06: 45159, 2023-09: 33801, 2023-12: 78685, 2024-03: 36632, 2024-06: 58733, 2024-09: 36544, 2024-12: 34568, 2025-03: 33851, 2025-06: 33733, 2025-09: 33484,

Dividends

Dividend Yield 5.46%
Yield on Cost 5y 16.22%
Yield CAGR 5y 31.61%
Payout Consistency 89.3%
Payout Ratio 106.4%
Risk 5d forecast
Volatility 24.0%
Relative Tail Risk -1.52%
Reward TTM
Sharpe Ratio 2.23
Alpha 67.30
Character TTM
Beta 0.791
Beta Downside 0.915
Drawdowns 3y
Max DD 21.83%
CAGR/Max DD 2.01

Description: HSBC HSBC Holdings January 28, 2026

HSBC Holdings plc (NYSE: HSBC) is a global diversified bank that structures its operations into three core segments: Wealth & Personal Banking, Commercial Banking, and Global Banking & Markets. The Wealth & Personal Banking arm delivers retail and high-net-worth services-including deposits, mortgages, credit cards, and wealth-management solutions-while the Commercial Banking division focuses on credit, treasury, trade finance, and advisory services for SMEs to large corporates. Global Banking & Markets provides financing, advisory, and a full suite of market-risk products (FX, rates, equities, and securities) to governments, institutions, and private investors.

According to HSBC’s most recent Q3 2025 earnings release (published Oct 2025), the bank reported a net profit of **$6.2 billion**, an **8 % year-over-year increase**, driven largely by higher net interest income as global rates stayed elevated. The **CET1 capital ratio** improved to **15.5 %**, comfortably above the regulatory minimum, while the **cost-to-income ratio** slipped to **58 %**, indicating modest efficiency gains. Asset growth continued, with total assets now around **$3.0 trillion**, reflecting strong balance-sheet expansion in Asia-Pacific, which contributed roughly **30 %** of net profit despite a modest slowdown in the UK market. Key macro drivers include the persistence of a high-interest-rate environment in the US and UK, and the ongoing shift toward digital banking in emerging markets, which together shape HSBC’s earnings outlook.

For a deeper quantitative assessment of HSBC’s valuation metrics, you might explore the latest ValueRay dashboard.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 17.69b TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.76 > 1.0
NWC/Revenue: -1225 % < 20% (prev -747.2%; Δ -477.9% < -1%)
CFO/TA 0.02 > 3% & CFO 65.31b > Net Income 17.69b
Net Debt (-148.58b) to EBITDA (28.56b): -5.20 < 3
Current Ratio: 0.13 > 1.5 & < 3
Outstanding Shares: last quarter (3.46b) vs 12m ago -4.70% < -2%
Gross Margin: 51.64% > 18% (prev 0.72%; Δ 5092 % > 0.5%)
Asset Turnover: 4.28% > 50% (prev 6.80%; Δ -2.51% > 0%)
Interest Coverage Ratio: 0.35 > 6 (EBITDA TTM 28.56b / Interest Expense TTM 65.59b)

Altman Z'' -3.11

A: -0.51 (Total Current Assets 246.82b - Total Current Liabilities 1908.56b) / Total Assets 3234.22b
B: 0.05 (Retained Earnings 152.40b / Total Assets 3234.22b)
C: 0.01 (EBIT TTM 23.11b / Avg Total Assets 3166.42b)
D: 0.06 (Book Value of Equity 170.16b / Total Liabilities 3035.53b)
Altman-Z'' Score: -3.11 = D

What is the price of HSBC shares?

As of February 08, 2026, the stock is trading at USD 89.29 with a total of 1,941,717 shares traded.
Over the past week, the price has changed by +1.45%, over one month by +8.78%, over three months by +24.86% and over the past year by +77.88%.

Is HSBC a buy, sell or hold?

HSBC Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy HSBC.
  • StrongBuy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HSBC price?

Issuer Target Up/Down from current
Wallstreet Target Price 85.4 -4.3%
Analysts Target Price 85.4 -4.3%
ValueRay Target Price 137.2 53.7%

HSBC Fundamental Data Overview February 07, 2026

P/E Trailing = 18.2884
P/E Forward = 11.7647
P/S = 5.1442
P/B = 1.6035
P/EG = 2.7359
Revenue TTM = 135.64b USD
EBIT TTM = 23.11b USD
EBITDA TTM = 28.56b USD
Long Term Debt = unknown (none)
Short Term Debt = 329.60b USD (from shortTermDebt, last fiscal year)
Debt = 98.24b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -148.58b USD (from netDebt column, last quarter)
Enterprise Value = 149.66b USD (298.24b + Debt 98.24b - CCE 246.82b)
Interest Coverage Ratio = 0.35 (Ebit TTM 23.11b / Interest Expense TTM 65.59b)
EV/FCF = 2.44x (Enterprise Value 149.66b / FCF TTM 61.42b)
FCF Yield = 41.04% (FCF TTM 61.42b / Enterprise Value 149.66b)
FCF Margin = 45.28% (FCF TTM 61.42b / Revenue TTM 135.64b)
Net Margin = 13.04% (Net Income TTM 17.69b / Revenue TTM 135.64b)
Gross Margin = 51.64% ((Revenue TTM 135.64b - Cost of Revenue TTM 65.59b) / Revenue TTM)
Gross Margin QoQ = 53.46% (prev 52.34%)
Tobins Q-Ratio = 0.05 (Enterprise Value 149.66b / Total Assets 3234.22b)
Interest Expense / Debt = 15.86% (Interest Expense 15.58b / Debt 98.24b)
Taxrate = 24.56% (1.79b / 7.29b)
NOPAT = 17.43b (EBIT 23.11b * (1 - 24.56%))
Current Ratio = 0.13 (Total Current Assets 246.82b / Total Current Liabilities 1908.56b)
Debt / Equity = 0.51 (Debt 98.24b / totalStockholderEquity, last quarter 191.43b)
Debt / EBITDA = -5.20 (Net Debt -148.58b / EBITDA 28.56b)
Debt / FCF = -2.42 (Net Debt -148.58b / FCF TTM 61.42b)
Total Stockholder Equity = 184.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.56% (Net Income 17.69b / Total Assets 3234.22b)
RoE = 9.58% (Net Income TTM 17.69b / Total Stockholder Equity 184.76b)
RoCE = 1.74% (EBIT 23.11b / Capital Employed (Total Assets 3234.22b - Current Liab 1908.56b))
RoIC = 5.25% (NOPAT 17.43b / Invested Capital 331.91b)
WACC = 9.61% (E(298.24b)/V(396.48b) * Re(8.83%) + D(98.24b)/V(396.48b) * Rd(15.86%) * (1-Tc(0.25)))
Discount Rate = 8.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.24%
[DCF Debug] Terminal Value 76.22% ; FCFF base≈51.02b ; Y1≈62.93b ; Y5≈107.18b
Fair Price DCF = 440.5 (EV 1363.73b - Net Debt -148.58b = Equity 1512.31b / Shares 3.43b; r=9.61% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 5.31 | EPS CAGR: 20.31% | SUE: -0.21 | # QB: 0
Revenue Correlation: 61.42 | Revenue CAGR: 32.86% | SUE: 0.63 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.15 | Chg30d=+0.060 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=8.45 | Chg30d=+0.164 | Revisions Net=+1 | Growth EPS=+8.3% | Growth Revenue=+2.0%

Additional Sources for HSBC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle