Previous close | 65.550 |
Open | 65.400 |
Bid | 66.950 x 0 |
Ask | 67.000 x 0 |
Day's range | 65.200 - 67.050 |
52-week range | 55.500 - 67.050 |
Volume | |
Avg. volume | 22,556,342 |
Market cap | 1.265T |
Beta (5Y monthly) | 0.58 |
PE ratio (TTM) | 7.50 |
EPS (TTM) | 8.930 |
Earnings date | N/A |
Forward dividend & yield | 4.77 (7.28%) |
Ex-dividend date | 07 Mar 2024 |
1y target est | 73.43 |
Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. Top of Chairman Mark Tucker's CEO wishlist for replacing Quinn, who gave notice of his departure on Tuesday, should be someone who can galvanise the bank's 220,000-strong workforce to meet those goals in an uncertain global economy and amid rising tensions between East and West. "I'd expect the candidate would be someone with vast experience in Asian and Middle East markets, who is open minded on the bank's strategy and could re-consider the option of re-domicile HSBC's headquarters to Asia," said Simon Yuen, Hong Kong-based founder of Surich Asset Management.
The FTSE 100 is having a really good run and setting record highs in April. But it still looks too cheap to me, as does this undervalued Footsie stock. The post Next stop 8,500 for the flying FTSE 100? appeared first on The Motley Fool UK.
HSBC, Europe's largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post. Quinn has worked at HSBC since 1987. In 2021, HSBC said that it was closing its U.S. retail banking business in order to refocus its efforts on wealth management.