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Hsbc Holdings Plc  (HSBC)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial
 
Price: $40.1850 $0.21 0.513%
Day's High: $40.32 Week Perf: -1.1 %
Day's Low: $ 40.15 30 Day Perf: 5.17 %
Volume (M): 85 52 Wk High: $ 42.47
Volume (M$): $ 3,412 52 Wk Avg: $38.85
Open: $40.13 52 Wk Low: $34.89



 Market Capitalization (Millions $) 829,538
 Shares Outstanding (Millions) 20,643
 Employees -
 Revenues (TTM) (Millions $) 105,841
 Net Income (TTM) (Millions $) 24,559
 Cash Flow (TTM) (Millions $) 521,671
 Capital Exp. (TTM) (Millions $) 1,145

Hsbc Holdings Plc
HSBC Bank Plc is a subsidiary of HSBC Holdings, a multinational banking and financial services organization based in London, United Kingdom. HSBC Bank Plc operates as a full-service bank, offering a wide range of retail, commercial, and investment banking services to individuals, businesses, and institutions. The bank has been serving customers since 1836 and is one of the largest banking and financial services institutions globally. HSBC Bank Plc has a strong presence in the UK and provides various products and services including loans, mortgages, savings accounts, credit cards, foreign exchange, insurance, and wealth management. It also operates a network of branches and ATMs to serve its customers across the country. The bank is known for its global reach, robust risk management practices, and commitment to sustainability and social responsibility.


   Company Address: 8 Canada Square London 0
   Company Phone Number: (0) 20 3268 4840   Stock Exchange / Ticker: NYSE HSBC
   


   

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Hsbc Bank Plc

HSBC Bank Plc Achieves Break-Even Point in Fourth Quarter of 2023, Sees Significant Revenue Growth

HSBC Bank Plc, one of the largest financial institutions in the world, recently reported its financial results for the fiscal year ending December 31, 2023. The company reached a break-even point of $0.00 per share, showing a significant improvement compared to $0.74 per share in the previous year and remained consistent with the previous financial reporting period. This positive development reflects the bank's efforts to manage its costs effectively and improve its profitability.
Moreover, HSBC Bank Plc experienced a substantial increase in revenue during this period, with a growth rate of 31.341%. The company generated $2.35 billion in revenue, up from $1.79 billion in the same financial reporting period a year ago. This increase in revenue can be attributed to various factors, including improved market conditions and the bank's focus on expanding its customer base and product offerings.






 

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