FY2026 Earnings Estimate for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBC) – Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for shares of HSBC in a note issued to investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the financial services provider will post earnings per share of $8.50 for the year, down from their prior forecast of $8.70. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.62 per share.

HSBC (NYSE:HSBC) last released its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $19.12 billion for the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group began coverage on shares of HSBC in a research note on Thursday, March 26th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of HSBC in a research note on Tuesday, June 23rd. BNP Paribas Exane lowered HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Zacks Research cut HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of HSBC in a research report on Thursday, May 14th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, HSBC currently has a consensus rating of “Hold”.

HSBC Stock Performance

NYSE:HSBC opened at $98.92 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $339.96 billion, a PE ratio of 16.22, a P/E/G ratio of 0.89 and a beta of 0.57. HSBC has a fifty-two week low of $60.61 and a fifty-two week high of $101.10. The company has a fifty day moving average of $94.24 and a two-hundred day moving average of $88.84.

HSBC Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, May 15th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.0%. HSBC’s payout ratio is 32.46%.

Insider Transactions at HSBC

In other HSBC news, insider Daniel Scott Palomaki sold 23,123 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $18.11, for a total value of $418,757.53. Following the completion of the sale, the insider directly owned 4,973 shares in the company, valued at $90,061.03. This represents a 82.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.01% of the stock is currently owned by insiders.

Institutional Investors Weigh In On HSBC

Hedge funds have recently modified their holdings of the company. Transamerica Financial Advisors LLC increased its position in HSBC by 287.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 244 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in HSBC in the 3rd quarter valued at about $26,000. Ballast Advisors LLC purchased a new stake in shares of HSBC in the 1st quarter valued at approximately $36,000. Binnacle Investments Inc increased its holdings in shares of HSBC by 80.5% during the 3rd quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after buying an additional 198 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of HSBC during the 1st quarter valued at approximately $37,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

About HSBC

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.