HSBC Holdings Continues To Reward Shareholders

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Feb. 22, 2025 12:06 AM ETHSBC Holdings plc (HSBC) StockHSBCTudor Invest Holdings3.08K Followers(7min)SummaryHSBC Holdings plc remains our largest portfolio position, with a 39% share price increase over the past 12 months, outperforming the S&P 500.Despite a 6.6% drop in net interest income, HSBC's net profit for FY 2024 improved to $25 billion, with an attractive P/E ratio of 9.2.HSBC's dividend yield stands at 7.6%, significantly higher than JPM's 1.7%, and the bank has initiated substantial share buybacks, enhancing shareholder returns.We maintain our buy stance on HSBC, citing its strong financials, attractive valuation, and potential for further upside despite potential risks.BERK OZDEMIRInvestment ThesisThe largest position in our portfolio is HSBC Holdings plc (NYSE:HSBC), due to its share price going up by 39% over the last 12 months.In August last year, we shared our view on their FHThis article was written byTudor Invest Holdings3.08K FollowersTudor Investment Holdings Private Limited is a Singapore based investment company. Its investments are in commercial real estate and managing a global portfolio of investments in equities and bonds.Analyst’s Disclosure: I/we have a beneficial long position in the shares of HSBC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Long HSBC on Hong Kong Stock ExchangeSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You