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HSBC Holdings
(LSE:HSBA)
HSBC Holdings (HSBA) vs. iShares MSCI United Kingdom ETF (EWC)
HSBC Holdings Business Overview & Revenue Model
HSBC Holdings Earnings Call Summary
HSBC Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 138.70B | 143.29B | 129.51B | 76.17B | 73.95B | 63.28B |
| Gross Profit | 69.07B | 67.40B | 64.44B | 53.72B | 64.25B | 63.28B |
| EBITDA | 28.79B | 36.39B | 33.81B | 20.91B | 23.19B | 0.00 |
| Net Income | 18.92B | 23.98B | 23.53B | 15.56B | 13.92B | 5.23B |
Balance Sheet | ||||||
| Total Assets | 3.21T | 3.02T | 3.04T | 2.95T | 2.96T | 2.98T |
| Cash, Cash Equivalents and Short-Term Investments | 246.36B | 821.55B | 299.57B | 350.05B | 422.44B | 308.57B |
| Total Debt | 129.70B | 242.35B | 163.94B | 153.66B | 169.53B | 171.14B |
| Total Liabilities | 3.01T | 2.82T | 2.85T | 2.76T | 2.75T | 2.78T |
| Stockholders Equity | 192.55B | 184.97B | 185.33B | 177.83B | 198.25B | 196.44B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 61.42B | 35.42B | 22.02B | 100.75B | 178.71B |
| Operating Cash Flow | 0.00 | 65.31B | 39.11B | 26.43B | 104.31B | 182.22B |
| Investing Cash Flow | 0.00 | -76.56B | -62.91B | -34.48B | 27.54B | -22.43B |
| Financing Cash Flow | 0.00 | -26.46B | -17.56B | -6.29B | -10.79B | -4.64B |
HSBC Holdings Technical Analysis
HSBC Holdings Risk Analysis
HSBC Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | ÂŁ205.11B | 16.51 | 8.88% | 4.27% | -11.86% | -24.31% | |
78 Outperform | ÂŁ67.09B | 11.61 | 9.72% | 1.50% | 14.18% | 46.12% | |
77 Outperform | ÂŁ40.53B | 12.11 | 10.45% | 1.70% | -4.35% | 21.86% | |
75 Outperform | ÂŁ58.94B | 17.44 | 8.08% | 3.41% | -22.85% | -21.12% | |
75 Outperform | ÂŁ51.34B | 9.75 | 14.96% | 3.85% | 4.27% | 26.21% | |
68 Neutral | ÂŁ10.59B | 7.75 | 12.21% | 6.78% | -2.34% | 2.55% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
HSBC Holdings Corporate Events
HSBC Holdings plc has reported that, as of 29 December 2025, its issued share capital consists of 17,175,239,862 ordinary shares with a nominal value of US$0.50 each, and that no shares are held in treasury. As a result, the total number of voting rights in the company is 17,175,239,862, a figure that shareholders should use as the reference denominator when assessing whether they must disclose interests or changes in interests under relevant UK and Hong Kong securities disclosure regulations.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1240.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc has announced that its Senior Independent Director, Ann Godbehere, will step down from the board and retire at the company’s 2026 annual general meeting, concluding a tenure in which she played a key role in the bank’s governance. The move, which follows the completion of the group’s chair search, is described as being for personal and lifestyle reasons, with Chair Brendan Nelson and Godbehere both paying tribute to her service; she will continue to receive fees for her roles until retirement but will not receive any payment for loss of office, and the bank confirms there are no additional matters relating to her departure that need to be brought to shareholders’ attention.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1240.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings has disclosed share transactions by senior executives in line with UK market abuse regulations, confirming that additional ordinary shares were acquired through the automatic reinvestment of the bank’s third interim dividend for 2025. Co-Chief Executive for Asia and the Middle East, David Liao, received 4,862 shares and International Wealth and Premier Banking Chief Executive, Barry O’Byrne, received 12 shares at a price of £11.43115 per share, underscoring the ongoing alignment of management incentives with shareholder returns through dividend-linked share plan arrangements.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1240.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc has announced a change in its company secretariat, with joint company secretaries Aileen Taylor and Hannah Ashdown set to step down from their roles at the end of 31 December 2025. Taylor will remain in her position as Group Chief People and Governance Officer, while, as previously announced, Angela McEntee will assume the role of Group Company Secretary from 1 January 2026, signaling a planned and orderly transition in the group’s governance and administrative leadership structure.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1300.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Asia Pacific has announced plans to privatize its subsidiary, Hang Seng Bank Limited, via a scheme of arrangement under Section 673 of the Companies Ordinance, which will result in the withdrawal of Hang Seng Bank shares from the stock exchange listing. This move, aimed at consolidating HSBC’s holdings and operations in the region, will see HSBC Asia Pacific securing 100% ownership of Hang Seng Bank shares, marking a significant step in aligning strategic goals and streamlining group operations. Stakeholders are expected to benefit from enhanced operational efficiency, while the industry presence of HSBC in Hong Kong and Asia-Pacific is likely to strengthen further.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1300.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced a third interim dividend for the financial year ending December 31, 2025, set at US$0.10 per ordinary share. The dividend, payable in multiple currencies, reflects the company’s ongoing commitment to returning value to shareholders and may influence market perceptions of its financial health and strategic direction.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1221.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc has announced a proposal for the privatization of Hang Seng Bank Limited by its subsidiary, The Hongkong and Shanghai Banking Corporation Limited, through a scheme of arrangement. The proposal has received relevant consents from the Executive under the Takeovers Code, allowing HSBC to engage in certain securities dealings and lending activities related to Hang Seng Bank without breaching regulatory requirements. This move is part of HSBC’s strategic operations in the Asia-Pacific region, potentially impacting its market positioning and stakeholder interests by streamlining operations and enhancing control over Hang Seng Bank.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC, along with its subsidiaries HSBC Asia Pacific and Hang Seng Bank, has announced an update on the proposed privatization of Hang Seng Bank through a scheme of arrangement. This move involves the withdrawal of Hang Seng Bank’s shares from listing, with the scheme document expected to be dispatched by December 17, 2025. The announcement highlights the ongoing preparations for a High Court hearing to seek approval for the scheme, which is contingent on satisfying certain conditions. This proposal is significant for HSBC’s strategic positioning in the Asia-Pacific market and could impact shareholders and potential investors, who are advised to exercise caution.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced the cancellation of 26,782,800 ordinary shares that were previously repurchased on the Hong Kong Stock Exchange as part of a buy-back program. This cancellation reduces the total number of shares in issue to 17,175,239,862, which also represents the total number of voting rights. This adjustment in share capital and voting rights is significant for shareholders as it affects the calculations for notifying changes in their interests under regulatory guidelines.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £1035.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc announced the grant of conditional awards to employees and former employees for 501,618 ordinary shares under the HSBC Share Plan 2011. These awards are part of a deferred bonus scheme to meet UK regulatory requirements, with vesting periods spanning up to seven years for certain risk takers. The initiative reflects HSBC’s commitment to aligning employee incentives with strategic goals and regulatory compliance, potentially impacting its operational efficiency and stakeholder engagement.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £1035.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
Ian Stuart, Chief Executive of HSBC UK Bank plc, exercised his option to purchase 11,419 ordinary shares in HSBC Holdings plc at a price of £2.627 per share. This transaction, disclosed under the UK version of the EU Market Abuse Regulation, highlights the ongoing engagement of senior management with the company’s equity, potentially signaling confidence in the company’s future performance.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £1035.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced that as of October 30, 2025, its issued share capital consists of 17,201,971,220 ordinary shares, with no shares held in treasury. This update on voting rights is significant for shareholders as it impacts their calculations for notifying changes in their interests, in compliance with the UK Financial Conduct Authority’s rules and the Hong Kong Securities and Futures Ordinance.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £1010.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
Stuart Riley, the Group Chief Information Officer of HSBC Holdings PLC, sold 22,404 ordinary shares of the company on October 29, 2025. The shares were sold on the London Stock Exchange at a price of £10.69 each, totaling £239,498.76. This transaction was disclosed in compliance with the UK version of the EU Market Abuse Regulation, highlighting transparency in the company’s managerial transactions.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings has announced a proposal for the privatization of Hang Seng Bank Limited by The Hongkong and Shanghai Banking Corporation Limited through a scheme of arrangement. The timeline for the dispatch of the scheme document has been extended to 17 December 2025, with the proposal expected to be completed in the first quarter of 2026. This move is significant for HSBC’s strategic positioning in the Asia Pacific market, potentially impacting stakeholders by altering the listing status of Hang Seng Bank shares.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc has announced the publication of a base prospectus supplement, which has been approved by the Financial Conduct Authority. This document is part of HSBC’s ongoing issuance programs and is available for viewing online. The release of this supplement is a significant step in HSBC’s financial operations, potentially impacting its market positioning and providing stakeholders with updated financial information.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC has concluded its share buy-back program, purchasing a total of 227,341,968 ordinary shares for cancellation, amounting to approximately US$3 billion. The buy-back involved transactions on both the UK Venues and the Hong Kong Stock Exchange, with the latter’s share cancellation process still pending. This strategic move is expected to impact the company’s capital structure and shareholder value, reflecting HSBC’s commitment to returning capital to its shareholders.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC has executed a share buy-back program, purchasing 800 of its ordinary shares on the Hong Kong Stock Exchange as part of a broader buy-back initiative announced earlier in the year. This move is part of the company’s strategy to manage its capital structure effectively, having repurchased over 226 million shares for nearly $3 billion since the program’s inception. The cancellation of these shares will adjust the company’s share capital, impacting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £12.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced the repurchase and cancellation of a significant number of its ordinary shares as part of a buy-back program initiated on 31 July 2025. The company has repurchased 180,042,451 shares for approximately US$2,370.9 million, impacting its share capital and potentially influencing shareholder interest and market positioning.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £11.50 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced the grant of conditional awards to employees under its International Employee Share Purchase Plan, allowing them to subscribe for a total of 321,679 ordinary shares. This initiative, which does not include performance conditions or clawback provisions, aims to enhance employee engagement and align their interests with the company’s long-term success, potentially impacting the company’s operational dynamics and market positioning.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £11.50 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc announced the repurchase and cancellation of 4,602,400 of its ordinary shares across UK and Hong Kong exchanges as part of its ongoing share buy-back program initiated on 31 July 2025. This move is part of a broader strategy to enhance shareholder value, having repurchased a total of 176,193,950 shares for approximately US$2,319.7 million. The repurchase impacts the company’s share capital and voting rights, with the current issued ordinary share capital standing at 17,247,771,238 shares. The cancellation process on the Hong Kong Stock Exchange takes longer, and a further announcement will be made once completed.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £9.80 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings has announced a proposal to privatize Hang Seng Bank Limited through a scheme of arrangement, which involves the cancellation of Hang Seng Bank shares in exchange for cash consideration. This move aims to make Hang Seng Bank a wholly-owned subsidiary of HSBC Holdings, with plans to withdraw its listing from the Hong Kong Stock Exchange. The proposal is expected to be accretive to HSBC’s earnings per share by removing minority interest deductions and is supported by internal financial resources. HSBC intends to maintain Hang Seng Bank’s legacy and community involvement in Hong Kong, ensuring it retains its brand and governance structure.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £10.68 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings PLC announced the repurchase and cancellation of 500,000 ordinary shares on UK venues and 1,624,400 shares on the Hong Kong Stock Exchange as part of its ongoing share buy-back program. This move, part of a larger buy-back initiative launched in July 2025, aims to consolidate the company’s share capital, impacting its market positioning by potentially increasing shareholder value. The total number of shares repurchased since the program’s inception is 171,591,550, amounting to approximately US$2,257.9 million.
The most recent analyst rating on (GB:HSBA) stock is a Hold with a £10.68 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.
HSBC Holdings plc has announced the appointment of Angela McEntee as the new Group Company Secretary, effective from January 1, 2026. Angela, who joined HSBC in 2020, brings extensive legal and governance experience from her previous roles, including her tenure at NatWest Group plc. This leadership change is expected to strengthen HSBC’s governance framework and support its strategic objectives.
The most recent analyst rating on (GB:HSBA) stock is a Buy with a £10.89 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.