FY2026 Earnings Forecast for HSBC Issued By Erste Group Bank

Key Points

• Erste Group Bank lowered HSBC’s FY2026 EPS forecast to $8.40 from $8.45, below the $8.56 consensus estimate, while projecting FY2027 EPS of $9.40. The firm maintains a “Hold” rating.
• HSBC’s analyst consensus remains “Hold,” with three Buy ratings, eight Holds, and one Sell. Recent rating changes included an upgrade from Wall Street Zen and downgrades from Citigroup and Zacks Research.
• HSBC beat quarterly expectations with EPS of $2.25 versus $2.24 forecast and revenue of $19.04 billion versus $18.66 billion expected. The bank also declared a $0.50 quarterly dividend, equal to a 1.9% annualized yield.

HSBC Holdings plc (NYSE:HSBC - Free Report) - Equities research analysts at Erste Group Bank decreased their FY2026 EPS estimates for HSBC in a research note issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will earn $8.40 per share for the year, down from their prior forecast of $8.45. Erste Group Bank 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.

A number of other analysts have also issued reports on HSBC. Wall Street Zen raised HSBC from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of HSBC in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of HSBC in a report on Tuesday, June 23rd. Citigroup lowered HSBC from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, Zacks Research downgraded HSBC from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold".

HSBC Stock Performance

Shares of HSBC stock opened at $103.60 on Monday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.92 and a current ratio of 0.85. The firm has a market cap of $356.04 billion, a P/E ratio of 14.70, a P/E/G ratio of 0.99 and a beta of 0.57. The firm's 50 day moving average price is $101.00 and its 200-day moving average price is $92.85. HSBC has a one year low of $63.54 and a one year high of $107.92.

HSBC (NYSE:HSBC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share for the quarter, beating analysts' consensus estimates of $2.24 by $0.01. The business 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 will be paid on Friday, September 25th. Shareholders of record on Friday, August 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.00 annualized dividend and a dividend yield of 1.9%. HSBC's payout ratio is 28.09%.

Institutional Trading of HSBC

Several hedge funds have recently modified their holdings of HSBC. Fisher Asset Management LLC grew its stake in HSBC by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider's stock worth $1,400,385,000 after purchasing an additional 402,288 shares in the last quarter. Morgan Stanley boosted its stake in shares of HSBC by 15.3% in the 4th quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider's stock valued at $588,757,000 after buying an additional 993,473 shares during the period. Northern Trust Corp boosted its stake in shares of HSBC by 4.7% in the 3rd quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider's stock valued at $216,144,000 after buying an additional 136,342 shares during the period. Bank of America Corp DE grew its position in shares of HSBC by 5.5% during the first quarter. Bank of America Corp DE now owns 2,385,883 shares of the financial services provider's stock worth $196,811,000 after buying an additional 124,201 shares in the last quarter. Finally, Clearbridge Investments LLC increased its stake in shares of HSBC by 77.0% during the fourth quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider's stock worth $113,577,000 after buying an additional 627,857 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

HSBC Company Profile

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.

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