FY2026 Earnings Forecast for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBCFree Report) – Stock analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for HSBC in a research note issued on Friday, June 5th. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will earn $8.50 per share for the year, up from their previous forecast of $8.35. The consensus estimate for HSBC’s current full-year earnings is $8.55 per share. Erste Group Bank also issued estimates for HSBC’s FY2027 earnings at $9.30 EPS.

HSBC (NYSE:HSBCGet Free Report) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $19.13 billion for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.

Other analysts have also recently issued research reports about the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of HSBC in a research report on Thursday, May 14th. Zacks Research cut HSBC from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 5th. BNP Paribas Exane cut HSBC from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 14th. The Goldman Sachs Group started coverage on HSBC in a research report on Thursday, March 26th. They set a “buy” rating on the stock. Finally, Weiss Ratings cut HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Read Our Latest Research Report on HSBC

HSBC Stock Down 3.4%

Shares of NYSE HSBC opened at $86.29 on Thursday. 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 stock has a market capitalization of $296.55 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 0.80 and a beta of 0.56. The stock’s fifty day simple moving average is $90.19 and its two-hundred day simple moving average is $84.49. HSBC has a 12-month low of $58.14 and a 12-month high of $95.61.

HSBC Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, May 15th. HSBC’s dividend payout ratio is currently 32.46%.

Insider Activity at HSBC

In other news, insider Daniel Scott Palomaki sold 23,123 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $18.11, for a total transaction of $418,757.53. Following the completion of the sale, the insider owned 4,973 shares in the company, valued at approximately $90,061.03. This represents a 82.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.01% of the company’s stock.

Institutional Trading of HSBC

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fisher Asset Management LLC lifted its holdings in shares of HSBC by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock valued at $1,400,385,000 after purchasing an additional 402,288 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of HSBC by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider’s stock valued at $750,659,000 after purchasing an additional 185,073 shares during the last quarter. Morgan Stanley raised its stake in HSBC by 15.3% in the 4th quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider’s stock worth $588,757,000 after acquiring an additional 993,473 shares during the last quarter. Northern Trust Corp raised its stake in HSBC by 4.7% in the 3rd quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider’s stock worth $216,144,000 after acquiring an additional 136,342 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in HSBC by 5.5% in the 1st quarter. Bank of America Corp DE now owns 2,385,883 shares of the financial services provider’s stock worth $196,811,000 after acquiring an additional 124,201 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

HSBC Company Profile

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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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