HSBC Holdings (HSBA)

Sector:

Banking

Index:

FTSE 100

711.70p
   
  • Change Today:
      5.50p
  • 52 Week High: 720.80
  • 52 Week Low: 575.80
  • Currency: UK Pounds
  • Shares Issued: 18,164m
  • Volume: 34,305,208
  • Market Cap: £129,276m
  • RiskGrade: 167

Wednesday preview: Fed meeting minutes, HSBC in the spotlight

By Alexander Bueso

Date: Tuesday 20 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Investors' focus in the middle of the week will be on the release of the minutes of the Federal Reserve's most recent policy meeting, in January.


The minutes will be published after the London close at 1900 GMT.

An auction for 20-year U.S. Treasury notes scheduled for an hour earlier may also draw attention.

On home shores, at 0700 GMT the Office for National Statistics will release public sector net borrowing data for the month of January.

At 1500 GMT, Eurostat will release a preliminary reading for euro area consumer confidence covering the month of February.

In the company arena, HSBC will post its full-year results.

Jason Napier at UBS was anticipating a 2% decline in fourth quarter net interest income to roughly £9.05bn, while adjusted profit before tax was seen falling by 7% to £7.46bn.

Consensus was for £33.4bn in full-year 2023 adjusted profit before tax and a decline to £30.49bn in 2024 followed by £30.3bn in 2025.

The quarterly dividend payout was seen at 34p, alongside a £2.0bn share buyback announcement.

Napier highlighted HSBC's sensitivity to interest rates in the U.S., so that investors' focus would be on the outlook for those implicit in the lender's guidance for net interest income - should any be forthcoming.

Indeed, the analyst said his estimates for HSBC's 2025 net interest income were 7% below consensus and 8% beneath when it came to its adjusted profit before tax.

Wednesday 21 February

INTERIMS

Feedback, Feedback

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

MBA Mortgage Applications (US) (12:00)

FINALS

BAE Systems, Conduit Holdings Limited Com Shs (DI), Glencore , HSBC Holdings, Rio Tinto, Riverstone Credit Opportunities Income

AGMS

Gooch & Housego, Tharisa (DI)

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HSBC Market Data

Currency UK Pounds
Share Price 711.70p
Change Today 5.50p
% Change 0.78 %
52 Week High 720.80
52 Week Low 575.80
Volume 34,305,208
Shares Issued 18,164m
Market Cap £129,276m
RiskGrade 167

HSBC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.16% above the market average92.16% above the market average92.16% above the market average92.16% above the market average92.16% above the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
65.13% above the market average65.13% above the market average65.13% above the market average65.13% above the market average65.13% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income
95.98% above the market average95.98% above the market average95.98% above the market average95.98% above the market average95.98% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Growth
75.95% above the market average75.95% above the market average75.95% above the market average75.95% above the market average75.95% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 6
Sell 2
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HSBC Dividends

  Latest Previous
  Special 3rd Interim
Ex-Div 09-May-24 07-Nov-24
Paid 21-Jun-24 19-Dec-24
Amount 21.00¢ 10.00¢

Trades for 31-Oct-2024

Time Volume / Share Price
16:07 4,207,574 @ 713.00p
18:01 1,936,336 @ 713.00p
16:47 492,523 @ 711.11p
16:37 7,010 @ 711.70p
16:37 7,010 @ 711.70p

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