HSBC's third-quarter pretax profit excluding notable items rose 10% year on year on higher net interest income and cost discipline. Guidance was unchanged, and HSBC announced a further USD 1 billion buyback. Shares fell 6% on Oct. 28 after the results.
HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there through economic cycles.
HSBC has operations in many jurisdictions around the world, including some where it is a secondary player and doesn't enjoy the same advantages that it does in core markets like Hong Kong.
|
Metric
|
HSBA
|
C
|
JPM
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.45 | 13.55 | 14.28 |
Price/Book Value | 1.49 | 1.09 | 2.60 |
Price/Sales | 4.03 | 2.38 | 4.69 |
Price/Cash Flow | 5.96 | 7.23 | 10.56 |
|
Metric
|
HSBA
|
C
|
JPM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
HSBA
|
C
|
JPM
|
|---|---|---|---|
Return on Assets (Normalized) | 0.84% | — | — |
Return on Equity (Normalized) | 15.18% | — | — |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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JPM
| LOCK|><b%?#F@ | LOCK|YjG | $912B | |||
| Bank of America Corp
BAC
| LOCK|tHW?@% | LOCK|C> | $354B | |||
| HSBC Holdings PLC ADR
HSBC
| LOCK|#$!#N&f | LOCK|<rjc@ | $295B | |||
| Royal Bank of Canada
RY
| LOCK|p<F<Lhp | LOCK|TY | $285B | |||
| Wells Fargo & Co
WFC
| LOCK|K>^#v# | LOCK|q$ | $255B | |||
| Mitsubishi UFJ Financial Group Inc ADR
MUFG
| LOCK|B>s@z! | LOCK|&cL | $247B | |||
| Citigroup Inc
C
| LOCK|#%&?G%W | LOCK|Lv? | $208B | |||
| The Toronto-Dominion Bank
TD
| LOCK|?yGwQc | LOCK|Lt | $208B | |||
| Banco Santander SA ADR
SAN
| LOCK|s#@D?Cp | LOCK|M^sm | $169B | |||
| UBS Group AG Registered Shares
UBS
| LOCK|^w^HhHF | LOCK|vJHx | $145B |
United States