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Ticker Summary (HBC)

50.68+0.32 (+0.64%)
Open 50.78
High 50.99
Low 50.35
Volume 1,706,808
Market Cap N/A
52 Week High 64.42
52 Week Low 43.25
P/E N/A
F P/E 8.96
EPS N/A
Dividend 1.30
Yield 2.58%
1 Year Target 56.54

HBC 50.68 +0.64%

HSBC Holdings, Europe's largest bank, reported its steepest decline in earnings since 2001. The company reported net income of $7.7 billion or 65 cents per share down from $10.9 billion or 94 cents per share a year prior. The company reported huge losses related to record numbers of subprime mortgage defaults and much slower profit growth from emerging markets.

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2 years 270 days ago by Tim

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