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HSBC Holdings HSBC

US equityMarket cap rank #36Banks - Diversified
$100.11
−$0.14 (-0.14%)
Market open · Sep 24, 1:10 pm ET
After hours $100.34 +0.09%
Open$100.04
Prev close$100.25
Day range$99.33 – $100.37
Volume895.6K
Market cap$343.51B
P/E (TTM)14.3
Dividend yield3.75%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$19.04B+7.8% YoY
Net profit$7.93B+62.7% YoY
Diluted EPS$2.20+69.2% YoY

Revenue, last 8 quarters

$16.9BSep '24$16.7BDec '24$17.7BMar '25$17.7BJun '25$17.9BSep '25$17.7BDec '25$19.1BMar '26$19.0BJun '26

Net profit, last 8 quarters

$6.7BSep '24$585.0MDec '24$7.6BMar '25$4.9BJun '25$5.5BSep '25$5.2BDec '25$7.4BMar '26$7.9BJun '26

Diluted EPS by quarter

1.70Sep '240.10Dec '241.95Mar '251.30Jun '251.40Sep '251.35Dec '252.00Mar '262.20Jun '26

Annual revenue

$63.3BFY20$64.2BFY21$53.7BFY22$64.5BFY23$67.4BFY24$71.0BFY25

Profitability & balance sheet

Net margin32.8%
Return on equity12.4%
Return on assets0.7%
Liabilities / assets94.3%
Cash & investments$227.80B
Total debt$132.90B
Net cash (debt)$94.90B
Free cash flow / sales126.2%

Where the revenue comes from

Quarter 2026/Q1

By business line

  • Corporate and Institutional Banking (CIB)$7.79B 41.4%
  • Hong Kong$4.02B 21.4%
  • International Wealth and Premier Banking (IWPB)$3.75B 19.9%
  • United Kingdom (UK)$3.25B 17.3%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Operating Revenue $19.04B $19.13B $71.02B $17.72B $17.90B
Net Interest Income $9.29B $8.95B $34.79B $9.20B $8.78B
-Interest Income $24.40B $23.66B $97.87B $24.50B $24.36B
-Interest Expense $15.12B $14.71B $63.08B $15.31B $15.58B
Non-Interest Income $9.76B $10.18B $36.23B $8.53B $9.12B
-Total Premiums Earned $772.00M $528.00M $1.80B $402.00M $832.00M
-Fees and Commissions $3.07B $3.72B $12.59B $2.44B $3.51B
-Depreciation & Amortization $1.73B $724.00M $4.92B $2.69B $956.00M
Other Income (Expense) $591.00M $95.00M -$4.20B -$1.52B -$1.22B
Income from Associates & Other Participating Interests $785.00M $774.00M $2.91B $669.00M $591.00M
Special Income (Charges) -$194.00M -$679.00M -$7.12B -$2.19B -$1.81B
-Less:Restructuring and Mergern & Acquisition $190.00M $128.00M $1.03B $257.00M $157.00M
-Less:Other Special Charges $4.00M $551.00M $4.68B $1.53B $1.65B
Pretax Profit $10.15B $9.38B $29.91B $6.80B $7.30B
Tax $2.22B $1.98B $6.78B $1.62B $1.79B
Net Profit $7.93B $7.39B $23.13B $5.19B $5.50B
Profit from Continuing Operations $7.93B $7.39B $23.13B $5.19B $5.50B
Minority Interests $13.00M $49.00M $846.00M $243.00M $219.00M
Net Income to Parent Company $7.91B $7.35B $22.29B $4.94B $5.28B
Other Preferred Stock Dividends $226.00M $407.00M $1.18B $225.00M $411.00M
Net Income to Common Stockholders $7.69B $6.94B $21.10B $4.72B $4.87B
Basic EPS $2.20 $2.05 $6.05 $1.40 $1.40
Diluted EPS $2.20 $2.00 $6.00 $1.35 $1.40
Dividend Per Share $0.50 $2.25 $3.30 $0.50 $0.50
Selling and Admin Expenses $11.96B
-General & Admin Expense $11.96B
-Less:Write Off $1.00B $0.00 $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $3.44T $3.31T $3.23T $3.23T $3.23T
Cash, Cash Equivalents & Federal Funds Sold $558.69B $529.57B $606.13B $606.13B $525.44B
-Cash and Cash Equivalents $227.80B $214.71B $307.74B $307.74B $246.82B
-Money Market Investments $330.89B $314.86B $298.39B $298.39B $278.62B
-Trading Securities $404.97B $365.67B $327.58B $327.58B $357.42B
-Available for Sale Securities $649.78B $580.63B $611.27B $611.27B $563.16B
Long Term Equity Investment $31.33B $29.58B $29.58B
Derivative Assets $256.00B $267.58B $237.74B $237.74B $213.90B
Net Loan $1.13T $1.10T $1.14T $1.14T $1.09T
-Allowance for Loans and Lease Losses $11.75B $11.35B $10.70B $10.70B $10.52B
Goodwill and Other Intangible Assets $12.73B $13.11B $13.11B
Assets Held for Sale $22.73B $11.58B $11.12B $11.12B $46.03B
Other Assets $221.47B $310.19B $19.58B $19.58B $305.79B
Total Liabilities $3.24T $3.11T $3.03T $3.03T $3.04T
Total Deposits $1.92T $1.87T $1.93T $1.93T $1.84T
Derivative Product Liabilities $254.66B $259.85B $237.85B $237.85B $217.44B
Trading Liabilities $75.52B $80.65B $52.68B $52.68B $73.18B
Payables $3.56B $3.04B $3.04B
-Total Tax Payable $3.56B $3.04B $3.04B
Long Term Debt and Capital Lease Obligation $132.90B $101.74B $256.14B $256.14B $98.24B
Other Liabilities $516.25B $480.68B $339.70B $339.70B $475.60B
Total Equity $197.08B $197.27B $205.67B $205.67B $198.69B
Stockholders' Equity $196.68B $196.82B $198.23B $198.23B $191.43B
Capital Stock $8.59B $8.59B $8.59B
-Common Stock $8.59B $8.59B $8.59B
Additional Paid-In Capital $245.00M $111.00M $111.00M
Retained Earnings $167.59B $169.61B $169.61B
Other Equity Interests $23.71B $20.72B $20.72B
Minority Interests $399.00M $451.00M $7.44B $7.44B $7.26B
Net PPE $12.61B $12.61B
-Gross PPE $12.61B $12.61B
-Goodwill $4.42B $4.42B
-Other Intangible Assets $8.69B $8.69B
Prepaid Assets $15.78B $15.78B
Defined Pension Benefit $8.25B $8.25B
Convertible preferred securities $939.00M $939.00M

Cash flow

Line item 2025 ANNUAL 2024 ANNUAL 2023 ANNUAL 2022 ANNUAL 2021 ANNUAL
Operating Cash Flow $29.77B $65.31B $39.11B $19.36B $104.31B
Net Income from Continuing Operations $29.91B $32.31B $30.35B $17.06B $18.91B
Other Non-Cash Items -$4.69B -$5.29B -$4.30B -$774.00M $510.00M
Change in Working Capital $30.79B $9.71B $19.44B -$52.25B $67.13B
-Change in Loans -$87.93B $23.69B $39.07B $25.11B $4.31B
-Change in Other Current Assets -$38.39B $7.69B -$10.25B -$12.86B $19.90B
-Change in Other Current Liabilities $4.10B -$1.60B $8.74B $6.02B -$10.94B
Net cash flow from investing -$37.07B -$76.56B -$62.91B -$27.40B $27.54B
Net PPE Purchase and Sale -$1.45B -$1.34B -$1.15B -$1.28B -$1.09B
Net Intangibles Purchase and Sale -$3.21B -$2.54B -$2.55B -$3.13B -$2.48B
Net Business Purchase and Sale -$325.00M -$2.73B -$453.00M -$989.00M -$106.00M
Net Investment Purchase and Sale -$32.08B -$69.95B -$59.39B -$18.47B $28.15B
Financing Cash Flow -$21.96B -$26.46B -$17.56B -$6.29B -$10.79B
Net Issuance Payments of Debt $243.00M $2.36B $3.09B $5.52B -$864.00M
Net Common Stock Issuance -$6.12B -$8.29B -$4.43B -$2.38B -$97.00M
Net Preferred Stock Issuance -$2.45B -$3.43B -$4.00B -$2.27B -$3.45B
Cash Dividends Paid -$11.58B -$15.35B -$10.49B -$6.97B -$6.38B
Net Other Financing Activities -$1.34B -$1.06B -$1.12B -$197.00M
Ending Cash Balance $432.89B $434.94B $490.93B $521.67B $574.03B
Net Change in Cash -$29.26B -$37.72B -$41.36B -$14.33B $121.05B
Beginning Cash Balance $434.94B $490.93B $521.67B $574.03B $468.32B
Effect of Exchange Rate Changes $27.21B -$18.28B $10.62B -$38.03B -$15.35B
Free Cash Flow $25.11B $61.42B $35.42B $14.95B $100.75B
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