HSBC Holdings, plc.
HSBC · NYSE
- Prev Close
- $106.04
- Market Cap
- $353.05B
- Open
- —
- Trailing P/E
- —
- Day Range
- $102.96 - $101.74
- 52W Range
- $107.92 - $61.57
- Forward P/E
- —
- EPS
- —
- Volume
- 2.13M
- Dividend Yield
- —
About HSBC Holdings, plc.
HSBC is a global banking group that earns revenue from banking and financial services, with its strategy emphasizing Asia and other global franchises. The supplied evidence identifies retail banking, including Australian home and personal loans, alongside broader operations that generated $19 billion of second-quarter revenue on a constant-currency basis. Its customers and the precise revenue contribution of each segment are not provided. HSBC is reducing complexity by exiting retail banking in Egypt and Australia and reallocating capital toward businesses described as higher-return global franchises. Second-quarter profit before tax was $10.3 billion excluding notable items.
Notable Price Movement
- Aug 3-7$106.040.36%
HSBC rose $2.34, or 2.26%, from $103.70 to $106.04 across the supplied week. The stock initially slipped to $102.60 on July 29 before jumping to $107.09 on July 30, as investors focused on stronger second-quarter operating momentum: revenue increased 7% year over year on a constant-currency basis to $19 billion, while profit before tax rose 13% excluding notable items; separate coverage reported a 60.4% increase in reported pretax profit. Shares added again on Monday, August 3, reaching $107.86, then gave back most of that gain on Tuesday amid no separately identified negative company announcement. HSBC’s planned Australian loan-portfolio sale and broader retail-bank exits also reinforced its simplification strategy.
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