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HSBC Holdings plc (HSBC)
NYSE:HSBC
Earnings Data
Report Date
May 05, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.18Last Year’s EPS
1.95Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong financial performance (record profit, mid-teens RoTE, revenue and deposit growth), disciplined cost execution and strategic progress (simplification, AI investment, and the Hang Seng privatization with synergies). At the same time, the bank flagged near-term headwinds and risks — notably the CET1 hit from the Hang Seng deal, $600 million of restructuring costs, elevated ECL guidance (~40 bps), localized Hong Kong CRE pressures, and some temporary NII items and seasonality impacting Q1. On balance, the positive operational momentum, clear targets for 2026–2028, and material cost and revenue initiatives outweigh the negatives, though management remains conservative about rate and macro uncertainty.Company Guidance
Record Profit Before Tax and Strong RoTE
Profit before tax rose 7% year-on-year to a record $36.6 billion; return on tangible equity reached 17.2%, achieving the mid-teens target.
Revenue and Quarter Momentum
Full-year group revenues grew 5% (to $71 billion); Q4 revenues grew 6% to $17.7 billion and Q4 profit before tax was $8.6 billion, up 17%.
Deposit and Balance Sheet Strength
Customer deposit balances grew 5% year-on-year; deposits stand at approximately $1.8 trillion (an increase of $78 billion including held-for-sale balances); Q4 deposit growth was ~$50 billion.
Banking NII Recovery and 2026 Guidance
Full-year banking net interest income was $44.1 billion; Q4 banking NII was $11.7 billion (up $0.7 billion QoQ); guidance for full-year 2026 banking NII is at least $45 billion.
Wealth & Fee Income Momentum
Wealth fee and other income grew strongly (Pam: 20% year-on-year to $2.1 billion; Georges earlier referenced 24% growth in Wealth context); IWPB attracted net new invested assets of $80 billion; Q4 net new money $26 billion (of which $19 billion was in Asia).
Capital Position and Dividend Increase
CET1 ratio at 14.9% (up 40 bps in the quarter); announced full-year ordinary dividend of $0.75 per share, up 14% year-on-year.
Operational Simplification and Cost Discipline
Target-basis cost growth was 3% in 2025 in line with targets; realized simplification actions delivering $1.2 billion of annualized savings (with $0.6 billion taken into FY2025 P&L); reduced net managing director positions by ~15%; guidance for 1% target-basis cost growth in 2026.
Strategic Execution — Hang Seng Privatization & Synergies
Completed $13.7 billion privatization of Hang Seng Bank earlier than expected; management expects $0.9 billion of benefits (reported synergies plus upside) by end-2028 and $0.5 billion of reported revenue/cost synergies plus potential $0.4 billion upside.
Transaction Banking and Global Network Strength
Transaction Banking fee growth +4% for the year; security services fees up 6% in the quarter, payments +3%, FX +1% with strong client flows; bank emphasizes access to 86% of world trade flows and continued client market leadership.
Technology & AI Investment Gains
Major push on generative AI: colleague enablement and process reengineering showing early productivity gains (e.g., faster unit testing, faster patching); program underway to retire ~3,000 nonstrategic applications to reallocate tech spend toward growth.
HSBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HSBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $87.88 | $94.20 | +7.19% |
Oct 28, 2025 | $66.74 | $69.56 | +4.23% |
Jul 30, 2025 | $64.13 | $60.60 | -5.50% |
Apr 29, 2025 | $55.05 | $56.15 | +2.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HSBC Holdings plc (HSBC) report earnings?
HSBC Holdings plc (HSBC) is schdueled to report earning on May 05, 2026, TBA (Confirmed).
What is HSBC Holdings plc (HSBC) earnings time?
HSBC Holdings plc (HSBC) earnings time is at May 05, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSBC EPS forecast?
HSBC EPS forecast for the fiscal quarter 2026 (Q1) is 2.18.
