HSBC Profit Margin 2010-2023 | HSBC
Current and historical gross margin, operating margin and net profit margin for HSBC (HSBC) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. HSBC net profit margin as of September 30, 2023 is 19.02%.
| HSBC Annual Profit Margins |
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| HSBC Quarterly Profit Margins |
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| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Finance | Banks - Foreign | $150.638B | $131.130B |
| HSBC Holdings plc is a major global banking and financial services firm. Operating through an international network of various offices in Europe, Asia, the Middle East and North Africa, North and Latin America; HSBC manages its operations through the following groups:Wealth and Personal Banking (WPB): In February 2020, this group was formed after the combination of the former retail banking and wealth management, and global private banking businesses. The HSBC private bank offers its clients both traditional and innovative ways to manage and preserve wealth, while optimizing returns.Commercial Banking: Corporate and Business Banking are two segments under this group. While the Corporate segment serves both Corporate and mid-market companies with more sophisticated financial needs, Business Banking caters to the small and medium-sized enterprises sector.Global Banking and Markets (GBM): GBM is managed under two principal business lines: Global Markets and Global Banking. | |||