FY2026 Earnings Estimate for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBC - Free Report) - Stock analysts at Erste Group Bank upped their FY2026 EPS estimates for shares of HSBC in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings per share of $8.70 for the year, up from their prior forecast of $8.40. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for HSBC's current full-year earnings is $8.55 per share.

A number of other research firms also recently commented on HSBC. Deutsche Bank Aktiengesellschaft reaffirmed a "neutral" rating on shares of HSBC in a research report on Wednesday, August 5th. Keefe, Bruyette & Woods cut HSBC from a "moderate buy" rating to a "hold" rating in a report on Sunday, September 13th. Citigroup restated a "neutral" rating on shares of HSBC in a research note on Wednesday, September 23rd. The Goldman Sachs Group restated a "buy" rating on shares of HSBC in a research note on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of HSBC in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, HSBC presently has a consensus rating of "Hold" and a consensus price target of $97.00.

HSBC Trading Up 0.6%

Shares of HSBC stock opened at $94.90 on Wednesday. HSBC has a 12-month low of $64.64 and a 12-month high of $107.92. The company has a current ratio of 0.85, a quick ratio of 0.92 and a debt-to-equity ratio of 0.67. The firm's 50 day moving average is $101.76 and its 200 day moving average is $96.34. The stock has a market capitalization of $325.34 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.90 and a beta of 0.58.

HSBC (NYSE:HSBC - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.01. The firm had revenue of $19.04 billion during the quarter, compared to analysts' expectations of $18.66 billion. HSBC had a net margin of 18.19% and a return on equity of 13.80%.

HSBC Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, August 14th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.00 annualized dividend and a dividend yield of 2.1%. HSBC's dividend payout ratio is presently 28.09%.

Hedge Funds Weigh In On HSBC

A number of institutional investors and hedge funds have recently made changes to their positions in HSBC. Security National Bank of SO Dak bought a new position in shares of HSBC in the second quarter worth approximately $36,000. Ballast Advisors LLC bought a new stake in shares of HSBC during the 1st quarter valued at $36,000. Western Wealth Management LLC bought a new stake in shares of HSBC during the 1st quarter valued at $37,000. Whipplewood Advisors LLC purchased a new position in shares of HSBC during the 1st quarter valued at $41,000. Finally, SHP Wealth Management purchased a new position in shares of HSBC during the 4th quarter valued at $42,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

Key Headlines Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Higher earnings forecast: Erste Group Bank raised its FY2027 EPS estimate for HSBC to $9.55 from $9.50, although it retained a “Hold” rating. The revision provides a small positive signal for the bank’s earnings outlook. Erste Group Bank raises HSBC FY2027 EPS estimate
• Positive Sentiment: Digital-payments expansion: HSBC and Ant reportedly tested tokenized deposits for payments made by artificial-intelligence agents on the Jovay blockchain network. The initiative highlights HSBC’s efforts to develop institutional digital-currency and settlement capabilities, though it is not yet a material earnings contributor. HSBC and Ant test tokenized deposits
• Neutral Sentiment: Business and staffing updates: HSBC Singapore appointed Henry Tong to lead customer, international and marketing activities, while the bank promoted Tom Zhang. HSBC also launched a currency-conversion promotion offering KrisFlyer miles, MacBooks and Grab vouchers. These announcements may support customer engagement but are unlikely to materially affect near-term financial results. HSBC Singapore appoints Henry Tong
• Neutral Sentiment: Compensation restructuring: HSBC plans to phase out fixed-pay allowances for senior staff and shift more compensation into performance-linked bonuses. The move could better align pay with results, but its effect on expenses and employee retention remains uncertain. HSBC to phase out fixed-pay allowances
• Negative Sentiment: Potential dilution and macro caution: New employee share awards could modestly increase the share count, while HSBC strategist Max Kettner warned of weak sentiment heading into earnings season. Together, these factors may limit investor enthusiasm despite the improved EPS forecast. HSBC grants employee share awards

About HSBC

HSBC Holdings plc is a global banking and financial services group headquartered in London. Its origins date to the founding of The Hongkong and Shanghai Banking Corporation in 1865, established to support trade between Europe and Asia. HSBC operates through a network spanning major markets in Asia, Europe, the Middle East, North America and Latin America.

The company provides services to personal, commercial and institutional customers. Its activities include retail and wealth banking, commercial banking, global banking and markets, investment banking, trade finance, transaction banking, foreign exchange, lending, insurance and asset management.

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