FY2026 Earnings Estimate for HSBC Issued By Erste Group Bank

HSBC Holdings plc (NYSE:HSBC) – Equities research analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for HSBC in a research note issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will post earnings of $8.50 per share for the year, down from their prior estimate of $8.70. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.60 per share.

A number of other brokerages have also issued reports on HSBC. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of HSBC in a research report on Wednesday, August 5th. Citigroup reiterated a “neutral” rating on shares of HSBC in a research note on Wednesday, September 23rd. BNP Paribas Exane downgraded shares of HSBC from a “hold” rating to a “strong sell” rating and lowered their price objective for the stock from $100.50 to $97.00 in a research report on Tuesday, August 4th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of HSBC in a report on Wednesday, August 5th. Finally, Shore Capital Group downgraded shares of HSBC to a “sell” rating in a research note on Wednesday, August 5th. 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 stock. According to data from MarketBeat.com, HSBC has an average rating of “Hold” and a consensus target price of $97.00.

HSBC Stock Down 5.6%

HSBC opened at $86.13 on Wednesday. HSBC has a 52 week low of $67.56 and a 52 week high of $107.92. The business’s 50 day moving average is $99.44 and its two-hundred day moving average is $93.24.

HSBC (NYSE:HSBC) last announced its earnings results on Tuesday, October 27th. The financial services provider reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.10). The company had revenue of $18.68 billion during the quarter, compared to analysts’ expectations of $18.98 billion.

HSBC Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, August 14th were paid a $0.50 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HSBC. Quantinno Capital Management LP grew its holdings in HSBC by 20.9% during the 1st quarter. Quantinno Capital Management LP now owns 525,775 shares of the financial services provider’s stock worth $43,371,000 after acquiring an additional 90,711 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of HSBC in the 2nd quarter worth about $4,412,000. Bessemer Group Inc. raised its stake in shares of HSBC by 1,921.0% in the 1st quarter. Bessemer Group Inc. now owns 38,056 shares of the financial services provider’s stock valued at $3,139,000 after purchasing an additional 36,173 shares in the last quarter. QRG Capital Management Inc. lifted its position in shares of HSBC by 13.4% during the second quarter. QRG Capital Management Inc. now owns 264,385 shares of the financial services provider’s stock worth $25,140,000 after purchasing an additional 31,191 shares during the last quarter. Finally, Signal Advisors Wealth LLC acquired a new position in HSBC in the third quarter worth about $1,325,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC reported third-quarter profit before tax of approximately $9.6 billion, up 32% year over year, helped by stronger net interest income, lower expected credit losses, and reduced operating expenses. HSBC’s third-quarter profit jumps 32%, in line with estimates
• Positive Sentiment: The bank announced a share buyback of up to $1 billion and a third interim dividend of $0.10 per share, reinforcing its capital-return strategy. HSBC profit growth misses, plans $1 billion buyback
• Positive Sentiment: HSBC’s restructuring and simplification program is targeting roughly $2 billion in annual savings by 2026, which could support margins, profitability, and future earnings. HSBC’s Restructuring Strategy Delivers Results
• Neutral Sentiment: Unusually high call-option activity indicated speculative bullish positioning, with more than 10,000 calls purchased—nearly four times the typical daily volume—but options activity is not a reliable indicator of sustained buying.
• Negative Sentiment: Adjusted third-quarter EPS was $2.10, below the $2.20 consensus estimate, while revenue of about $18.6 billion also missed expectations near $19.0 billion. HSBC Revenue Misses Forecasts As Wealth Business Growth Stalls
• Negative Sentiment: Wealth-management growth slowed, raising concern because the division has been a key source of HSBC’s expected expansion. Investors also remain wary that the profit increase benefited from the absence of sizable prior-year legal provisions. HSBC shares slide after revenue disappoints and wealth growth slows
• Negative Sentiment: Analysts at Seeking Alpha maintained a “Hold” view after the results, suggesting the buyback and restructuring benefits may not yet compensate for weaker revenue quality and near-term growth concerns. HSBC Holdings: Maintaining Hold Following Q3 Earnings

HSBC Company Profile

HSBC Holdings plc is a global banking and financial services company headquartered in London. Its principal subsidiary, The Hongkong and Shanghai Banking Corporation, was established in 1865 to facilitate trade between Europe and Asia. HSBC’s shares trade on the New York Stock Exchange in the form of American depositary receipts under the symbol HSBC.

The company provides personal and wealth banking, commercial banking, corporate and institutional banking, investment banking, global markets, and asset management services.