FY2026 Earnings Forecast for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBCFree Report) – Erste Group Bank reduced their FY2026 earnings per share estimates for HSBC in a research note issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the financial services provider will post earnings of $8.50 per share for the year, down from their prior estimate of $8.70. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.62 per share.

Other analysts have also issued reports about the stock. Weiss Ratings lowered shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of HSBC in a research note on Thursday, May 14th. Citigroup reiterated a “buy” rating on shares of HSBC in a research report on Thursday. BNP Paribas Exane lowered shares of HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Finally, Zacks Research downgraded shares of HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, HSBC has a consensus rating of “Hold”.

Read Our Latest Stock Report on HSBC

HSBC Trading Down 0.1%

Shares of NYSE HSBC opened at $100.56 on Monday. The firm has a market capitalization of $345.58 billion, a PE ratio of 16.48, a PEG ratio of 0.89 and a beta of 0.57. HSBC has a one year low of $60.61 and a one year high of $101.10. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52. The business has a 50-day moving average price of $94.07 and a two-hundred day moving average price of $88.71.

HSBC (NYSE:HSBCGet Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share for the quarter. The firm had revenue of $19.12 billion for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.

HSBC Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, May 15th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 15th. HSBC’s payout ratio is currently 32.46%.

Insider Activity at HSBC

In other news, insider Daniel Scott Palomaki sold 23,123 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.11, for a total transaction of $418,757.53. Following the transaction, the insider owned 4,973 shares in the company, valued at approximately $90,061.03. This trade represents a 82.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.01% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On HSBC

A number of large investors have recently bought and sold shares of HSBC. Transamerica Financial Advisors LLC increased its position in HSBC by 287.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider’s stock worth $26,000 after buying an additional 244 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of HSBC in the third quarter worth about $26,000. Binnacle Investments Inc lifted its position in shares of HSBC by 80.5% in the third quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after buying an additional 198 shares during the last quarter. Ballast Advisors LLC bought a new stake in shares of HSBC during the 1st quarter worth about $36,000. Finally, Western Wealth Management LLC acquired a new position in shares of HSBC during the 1st quarter valued at about $37,000. 1.48% of the stock is currently owned by institutional investors.

Key Stories Impacting HSBC

Here are the key news stories impacting HSBC this week:

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.

See Also

Earnings History and Estimates for HSBC (NYSE:HSBC)

Receive News & Ratings for HSBC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC and related companies with MarketBeat.com's FREE daily email newsletter.