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Published on 05/05/2026
at 03:00 am EDT
S&P Capital IQ
HSBC Holdings plc announced Impairment of goodwill and other intangible assets for first quarter ended March 31, 2026. For the period, the company announced Impairment of goodwill and other intangible assets (net of tax) of $30 million.
HSBC Holdings plc is one of the world’s leading banking groups. Revenues break down by activity as follows:
– retail banking and wealth management (42.3%): sales of classical and specialized banking products and services (consumer loans, leasing, factoring, private card management, etc.) and wealth management;
– commercial banking (31.8%) ;
– investment, financing and market banking (25.9%): operations on the capital markets, operations on rates, change rates and natural resources, merger and acquisition consulting, initial public offerings, capital investment, specialized and unionized financing solutions, etc.;
At the end of 2024, the group had USD 1,654.9 billion in current deposits and USD 930.6 billion in current credits.
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Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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Buy
Average target price
18.68USD
Spread / Average Target
+3.89%
Quarterly revenue – Rate of surprise
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