HSBC (NYSE:HSBC) Cut to Neutral at BNP Paribas Exane

BNP Paribas Exane lowered shares of HSBC (NYSE:HSBC) from an outperform rating to a neutral rating in a report issued on Tuesday morning, Marketbeat Ratings reports.

HSBC has been the topic of several other reports. The Goldman Sachs Group assumed coverage on HSBC in a research report on Thursday, March 26th. They set a “buy” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of HSBC in a research note on Friday, January 9th. Keefe, Bruyette & Woods upgraded shares of HSBC from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, December 17th. Zacks Research upgraded shares of HSBC from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. Finally, Weiss Ratings cut shares of HSBC from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

HSBC Stock Performance

NYSE HSBC opened at $90.45 on Tuesday. HSBC has a 52-week low of $51.60 and a 52-week high of $94.79. The company has a fifty day moving average of $85.80 and a 200-day moving average of $78.75. The company has a market capitalization of $310.70 billion, a P/E ratio of 14.95, a P/E/G ratio of 0.91 and a beta of 0.55. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.87 and a current ratio of 0.87.

HSBC (NYSE:HSBC) last released its earnings results on Saturday, February 14th. The financial services provider reported $1.35 EPS for the quarter. HSBC had a return on equity of 13.10% and a net margin of 16.07%.The business had revenue of $17.70 billion for the quarter. As a group, equities research analysts predict that HSBC will post 6.66 EPS for the current fiscal year.

HSBC Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, March 13th will be paid a $2.25 dividend. This is an increase from HSBC’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 13th. This represents a $9.00 dividend on an annualized basis and a yield of 10.0%. HSBC’s payout ratio is presently 148.43%.

Institutional Trading of HSBC

A number of institutional investors have recently made changes to their positions in the stock. Shilanski & Associates Inc. bought a new stake in shares of HSBC in the third quarter worth about $5,141,000. Wedbush Securities Inc. increased its holdings in HSBC by 101.3% during the 3rd quarter. Wedbush Securities Inc. now owns 26,822 shares of the financial services provider’s stock valued at $1,904,000 after purchasing an additional 13,495 shares during the period. Foresight Global Investors Inc. bought a new position in HSBC during the 3rd quarter valued at approximately $12,810,000. American Century Companies Inc. lifted its holdings in HSBC by 14.7% in the 3rd quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider’s stock worth $93,113,000 after buying an additional 168,438 shares during the period. Finally, Y Intercept Hong Kong Ltd grew its position in shares of HSBC by 63.4% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 49,410 shares of the financial services provider’s stock worth $3,507,000 after buying an additional 19,176 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

HSBC News Roundup

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC is planning a Hong Kong stablecoin initiative, signalling expansion into digital payments that could create new fee and cross-border payment opportunities over time. HSBC plots Hong Kong stablecoin, Brazil’s PIX expands with PayPal
• Positive Sentiment: HSBC will redeem US$2 billion of senior notes due 2027 at par in May, which reduces near-term funding maturities and simplifies the balance sheet. HSBC to Redeem US$2 Billion Senior Notes Due 2027 at Par in May 2026
• Neutral Sentiment: HSBC asset-management and markets commentary shows selective buying and caution—management sees opportunities in financials but remains risk-aware, suggesting steady but cautious revenue outlooks. HSBC MF CIO avoids aggressive bets, sees value in banks, selective small caps
• Negative Sentiment: BNP Paribas Exane downgraded HSBC to Neutral, pressuring sentiment and reducing buy-side momentum. HSBC Rating Lowered to Neutral at BNP Paribas Exane
• Negative Sentiment: RBC analysts flag HSBC as among European banks most exposed if corporates shift to crypto cash management — a potential long-term revenue and competitive risk to cash-management fees. HSBC, Deutsche Bank among European banks most exposed to corporate crypto payments, RBC analysts say
• Negative Sentiment: Retail incentive moves (Premier switching bonuses now up to £1,000 / cash offer doubled to £500) are attracting customers but increase short-term deposit/promotion costs and could pressure margins. HSBC now offers £1,000 for switching to its Premier current account and Isa HSBC cash offer ‘doubled’ to £500 even if you’ve already applied
• Negative Sentiment: Macro/geopolitical risks: HSBC warns the Iran conflict is denting business confidence; its private bank is reducing India equity exposure and shifting into gold/defensive assets—signs of revenue risk in wealth and emerging markets. HSBC warns Iran war is hitting business confidence as oil shock deepens economic anxiety HSBC Private Bank slashes India stock exposure to buy gold amid Iran war
• Negative Sentiment: Senior banker departure after restructuring (Gerry Keefe exit) adds a governance/transition angle investors watch for execution risk. HSBC banker Gerry Keefe exits after restructuring – report

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.