FY2026 Earnings Estimate for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBCFree Report) – Equities research analysts at Erste Group Bank dropped their FY2026 earnings per share estimates for HSBC in a research report issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will earn $8.40 per share for the year, down from their prior forecast of $8.45. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.56 per share. Erste Group Bank also issued estimates for HSBC’s FY2027 earnings at $9.40 EPS.

HSBC (NYSE:HSBCGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.25 EPS for the quarter, topping the consensus estimate of $2.24 by $0.01. HSBC had a return on equity of 13.80% and a net margin of 18.19%.The company had revenue of $19.04 billion during the quarter, compared to the consensus estimate of $18.66 billion.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reissued a “hold (c)” rating on shares of HSBC in a report on Monday, August 3rd. Citigroup cut shares of HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. BNP Paribas Exane downgraded shares of HSBC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of HSBC in a research note on Tuesday, June 23rd. Finally, Wall Street Zen raised HSBC from a “hold” rating to a “buy” rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Report on HSBC

HSBC Price Performance

HSBC opened at $103.34 on Monday. The company’s 50-day simple moving average is $101.29 and its two-hundred day simple moving average is $93.04. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.92 and a current ratio of 0.85. The stock has a market capitalization of $355.15 billion, a P/E ratio of 14.66, a P/E/G ratio of 0.98 and a beta of 0.57. HSBC has a 52-week low of $63.54 and a 52-week high of $107.92.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Quantinno Capital Management LP lifted its holdings in HSBC by 20.9% during the first quarter. Quantinno Capital Management LP now owns 525,775 shares of the financial services provider’s stock valued at $43,371,000 after purchasing an additional 90,711 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of HSBC by 1,272.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 909,464 shares of the financial services provider’s stock worth $71,548,000 after purchasing an additional 843,186 shares in the last quarter. Bleakley Financial Group LLC purchased a new stake in shares of HSBC in the fourth quarter worth $988,000. May Hill Capital LLC raised its position in shares of HSBC by 105.9% during the 4th quarter. May Hill Capital LLC now owns 23,424 shares of the financial services provider’s stock valued at $1,843,000 after purchasing an additional 12,047 shares during the period. Finally, Prospera Financial Services Inc lifted its stake in shares of HSBC by 41.1% during the 4th quarter. Prospera Financial Services Inc now owns 51,238 shares of the financial services provider’s stock valued at $4,032,000 after buying an additional 14,933 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

HSBC Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, August 14th will be given a $0.50 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. HSBC’s dividend payout ratio is presently 28.09%.

Trending Headlines about HSBC

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HSBC Company Profile

(Get Free Report)

HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.

HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.

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Earnings History and Estimates for HSBC (NYSE:HSBC)

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