BAC
Bank of America Corporation
BAC's fundamentals are strong: its operating margin rose 5 points to 35% and revenue grew 15%. At 12x earnings, it's trading in line with its usual 13x. Analysts expect earnings growth.
HSBC
HSBC Holdings plc
There isn't enough reported data to score HSBC yet.
BAC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BAC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BAC.
HSBC Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
HSBC's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like HSBC.
BAC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.4x | $39.50 | -22% |
| Forward | 10x | $50.51 | — |
| Current | 12x | $50.51 | — |
| Fair | 13x | $53.81 | +6.5% |
| Expensive | 15x | $62.23 | +23% |
Historical ranges are pointers, not guarantees.
BAC has the edge over HSBC in the historical PE scenario, which offers more potential upside but is not a forecast.
HSBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.4x | $8.88 | -90% |
| Fair | 11x | $13.20 | -85% |
| Current | 15x | $89.08 | — |
| Expensive | 16x | $19.46 | -78% |
Historical ranges are pointers, not guarantees.
HSBC's PE is 15x, but its earnings don't support one, so it isn't a reliable read right now.
BAC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
BAC has the edge over HSBC on the outlook, with more favorable profitability expectations.
HSBC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for HSBC, with profitability holding steady.
BAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.92 | +17% |
| Q3 2026 | $4.19 | +14% |
| Q2 2026 | $4.34 | +27% |
| Q1 2026 | $4.02 | +20% |
| Q4 2025 | $3.81 | +19% |
| Q3 2025 | $3.66 | +33% |
| Q2 2025 | $3.41 | +20% |
| Q1 2025 | $3.35 | +16% |
| Q4 2024 | $3.21 | +4.2% |
BAC has the edge over HSBC in the latest year-over-year earnings comparison.
HSBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $1.20 | -3.2% |
| Q2 2025 | $1.01 | -13% |
| Q4 2024 | $1.24 | +8.8% |
| Q2 2024 | $1.16 | -2.5% |
| Q4 2023 | $1.14 | +54% |
| Q2 2023 | $1.19 | +78% |
| Q4 2022 | $0.74 | +19% |
| Q2 2022 | $0.67 | +49% |
HSBC earned $1.20 per share over the past year, up 5.3% from the year before.
BAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30B | +6.7% |
| Q2 2026 | $31.6B | +19% |
| Q1 2026 | $30.3B | +11% |
| Q4 2025 | $31.2B | +23% |
| Q3 2025 | $28.1B | +11% |
| Q2 2025 | $26.5B | +4.3% |
| Q1 2025 | $27.4B | +6% |
| Q4 2024 | $25.3B | +15% |
BAC's revenue has grown year over year for 10 quarters in a row: $30B last quarter, up 6.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -3.7 points |
| Q2 2026 | 37% | +7.6 points |
| Q1 2026 | 34% | +4.7 points |
| Q4 2025 | 40% | +12 points |
| Q3 2025 | 34% | +4.8 points |
| Q2 2025 | 29% | -0.7 points |
| Q1 2025 | 30% | +1.5 points |
| Q4 2024 | 28% | +14 points |
BAC's operating margin was 30% last quarter, down 3.7 points from the same quarter a year ago.
HSBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $34.2B | +20% |
| Q2 2025 | $34.1B | -8.5% |
| Q4 2024 | $28.6B | -2.1% |
| Q2 2024 | $37.3B | +1.1% |
| Q4 2023 | $29.2B | +10% |
| Q2 2023 | $36.9B | +46% |
| Q4 2022 | $26.5B | +10% |
| Q2 2022 | $25.2B | -1.2% |
HSBC has the edge over BAC in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 38% | +1.7 points |
| Q2 2025 | 44% | -10 points |
| Q4 2024 | 33% | +6.4 points |
| Q2 2024 | 53% | +23 points |
| Q4 2023 | 36% | +8 points |
| Q2 2023 | 54% | +19 points |
| Q4 2022 | 27% | +11 points |
| Q2 2022 | 31% | +18 points |
HSBC's operating margin was 38% last quarter, up 1.7 points from the same quarter a year ago.
BAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6.5B | -114% |
| Q2 2026 | $29B | +$38.2B |
| Q1 2026 | $41.8B | +$44B |
| Q4 2025 | -$22.9B | -189% |
| Q3 2025 | $46.9B | +$84.2B |
| Q2 2025 | -$9.1B | -150% |
| Q1 2025 | -$2.2B | +$13.4B |
| Q4 2024 | $25.9B | -21% |
BAC's free cash flow was $41.4B over the past year, down 33% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BAC.
HSBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $15.6B | -59% |
| Q2 2025 | $12.7B | -52% |
| Q4 2024 | $37.7B | +362% |
| Q2 2024 | $26.2B | -12% |
| Q4 2023 | $8.2B | +$29.5B |
| Q2 2023 | $29.8B | -36% |
| Q4 2022 | -$21.4B | -149% |
| Q2 2022 | $46.5B | -22% |
HSBC's free cash flow was $92.3B over the past year, up 46% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HSBC.
BAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -72M shares |
| 1 year | -5.3% | -405M shares |
| 3 years | -11% | -854M shares |
| 5 years | -15% | -1.3B shares |
| Available history | -24% | -2.2B shares |
BAC has 7.2B diluted shares, down 5.3% from a year ago, with $25.6B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6B |
| Q2 2026 | $6B |
| Q1 2026 | $7.2B |
| Q4 2025 | $6.3B |
| Q3 2025 | $5.3B |
| Q2 2025 | $5.3B |
| Q1 2025 | $4.5B |
| Q4 2024 | $3.5B |
BAC spent $25.6B buying back its own shares over the past year, up 37% from the year before.
HSBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -225M shares |
| 1 year | -10% | -2.1B shares |
| 3 years | -13% | -2.7B shares |
| 5 years | +370% | +13.8B shares |
HSBC has the edge over BAC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $3.7B |
| Q2 2025 | $5.4B |
| Q4 2024 | $6B |
| Q2 2024 | $5.3B |
| Q2 2023 | $1.3B |
| Q2 2022 | $1.8B |
| Q4 2020 | — |
| Q2 2020 | — |
BAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.4x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 7.1x | High |
| Q4 2025 | 7.7x | High |
| Q3 2025 | 8.3x | High |
| Q2 2025 | 8.8x | High |
| Q1 2025 | 8.6x | High |
| Q4 2024 | 9.0x | High |
BAC's net debt is about 6.4 years of its operating earnings (EBITDA), down from 8.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BAC.
HSBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2024 | -10.1x | Net Cash |
| Q4 2023 | -11.6x | Net Cash |
| Q2 2023 | -13.7x | Net Cash |
| Q4 2022 | -22.6x | Net Cash |
| Q2 2022 | -24.1x | Net Cash |
| Q4 2021 | -24.3x | Net Cash |
| Q2 2021 | -26.4x | Net Cash |
| Q4 2020 | -28.3x | Net Cash |
HSBC has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HSBC.
BAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.1 | Neutral |
| Stochastic | 4.9 | Oversold |
BAC's weekly RSI is 37 (neutral) and its Stochastic is 5 (oversold).
HSBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.4 | Neutral |
| Stochastic | 11.4 | Oversold |
HSBC's weekly RSI is 42 (neutral) and its Stochastic is 11 (oversold).
BAC PE vs Financial Services Sector
| Metric | BAC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 7.5% below |
| PE % | 40 | 63 | 23 pts below |
BAC has the edge over HSBC on valuation relative to its sector.
HSBC PE vs Financial Services Sector
| Metric | HSBC | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 14% above |
| PE % | 74 | 63 | 11 pts above |
HSBC is trading at 15x earnings, a 14% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
BAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $52.1 | 3% below |
| 20 week MA | $57.8 | 13% below |
| 50 week MA | $54.7 | 7.7% below |
| 100 week MA | $50.5 | 0% below |
| 200 week MA | $42.5 | 19% above |
BAC has fallen below most of its moving averages, though it's still 19% above its 200-week average.
HSBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $92.1 | 3.3% below |
| 20 week MA | $98.6 | 9.7% below |
| 50 week MA | $91.0 | 2.1% below |
| 100 week MA | $75.6 | 18% above |
| 200 week MA | $58.0 | 54% above |
HSBC has the edge over BAC on trend strength, trading above more of its moving averages.
BAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.4 | $30.0 | -15% |
| 2021 | $30.0 | $44.4 | +48% |
| 2022 | $44.4 | $32.5 | -27% |
| 2023 | $32.5 | $33.7 | +3.7% |
| 2024 | $33.7 | $44.3 | +32% |
| 2025 | $44.3 | $56.2 | +27% |
| 2026 YTD | $56.2 | $50.5 | -10% |
BAC has finished higher in four of the last six years. It's down 10% so far in 2026.
HSBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.0 | $26.1 | -33% |
| 2021 | $26.1 | $29.9 | +15% |
| 2022 | $29.9 | $30.9 | +3.6% |
| 2023 | $30.9 | $40.5 | +31% |
| 2024 | $40.5 | $49.3 | +22% |
| 2025 | $49.3 | $80.0 | +62% |
| 2026 YTD | $80.0 | $89.1 | +11% |
HSBC has the edge over BAC on returns for 2026, with the stronger performance.