FY2026 Earnings Forecast for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBCFree Report) – Erste Group Bank decreased their FY2026 earnings per share estimates for HSBC in a report released on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings of $8.40 per share for the year, down from their prior forecast of $8.45. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.56 per share. Erste Group Bank also issued estimates for HSBC’s FY2027 earnings at $9.40 EPS.

HSBC has been the topic of several other reports. Wall Street Zen raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of HSBC in a research report on Tuesday, June 23rd. BNP Paribas Exane lowered HSBC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. Zacks Research cut HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of HSBC in a research report on Monday, August 17th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on HSBC

HSBC Stock Down 0.5%

Shares of HSBC opened at $103.01 on Monday. HSBC has a one year low of $63.54 and a one year high of $107.92. The company has a market capitalization of $354.02 billion, a P/E ratio of 14.61, a PEG ratio of 0.99 and a beta of 0.57. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.85 and a quick ratio of 0.92. The business’s 50 day simple moving average is $101.14 and its 200-day simple moving average is $92.94.

HSBC (NYSE:HSBCGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.01. The company had revenue of $19.04 billion for the quarter, compared to analyst estimates of $18.66 billion. HSBC had a return on equity of 13.80% and a net margin of 18.19%.

Institutional Trading of HSBC

A number of institutional investors and hedge funds have recently modified their holdings of HSBC. Transamerica Financial Advisors LLC boosted its stake in HSBC by 287.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 244 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of HSBC during the third quarter worth $26,000. Ballast Advisors LLC acquired a new position in shares of HSBC in the 1st quarter valued at $36,000. Binnacle Investments Inc grew its holdings in shares of HSBC by 80.5% in the 3rd quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock valued at $32,000 after buying an additional 198 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of HSBC in the 1st quarter valued at $37,000. 1.48% of the stock is owned by institutional investors.

HSBC Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, August 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, August 14th. HSBC’s payout ratio is presently 28.09%.

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.

Further Reading

Earnings History and Estimates for HSBC (NYSE:HSBC)

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