PWLBtoday
Counterparty/The Hongkong and Shanghai Banking Corporation Limited
Built 2026-09-14 17:10 UTCBeta
HS

The Hongkong and Shanghai Banking Corporation Limited

Bank · Hong KongAA · LEI 2HI3YI5320L3RW6NJ957
Counterparty scoreBand A
88
70th percentile of 10 peers
coverage75% of the method
Rating87w 40
Capital87w 25
Liquidity77w 15
Stability—w 10
Assets—w 5
Profit74w 5
Rating anchor and public pillars with published weights (w). Market overlay +4.0, bounded at ±10. Method
Agency ratingscompositeAA-Stable (bonds) (group)
Fitch
AA▶
ST F1+
2026-08-11
S&P
AA-▶
ST A-1+
2022-01-20
Moody's
Aa3▶
ST P-1
2025-11-18
ESMA European Rating Platform, checked daily · ▲ positive ▼ negative ◆ watch ▶ stableRating history
CET1 ratio
17.0%
−1.4 vs prior2026-06-30
Leverage ratio
5.4%
−0.3 vs prior2026-06-30
Total capital
22.0%
−1.1 vs prior2026-06-30
LCR
138%
−6.2 vs prior2026-06-30
NSFR
142%
−5.8 vs prior2026-06-30
Risk-weighted assets
3,134.0bn
+3.7% vs prior2026-06-30
15 series held, up to 48 periods each. Click a card to open it full size with every point and its date. The grey band on a ratio is where this bank’s peer group stands today, quartile to quartile, with the median dashed — not a peer history.
Standing
Capital
Liquidity and funding
Profitability and efficiency
Balance sheet

Rating history

Every action the European Rating Platform holds, since 2015. The composite is the median of the agencies on the day.
1upgrade
1downgrade
nonet change
20162017201820192020202120222023202420252026AA-composite AA- from 2015-07-01AA-COMPOSITEFitchFitch AA- from 2015-07-01 to 2026-05-12AA-Fitch AA from 2026-05-12, stillFitch: stable outlook from 2015-12-08Fitch: watch negative outlook from 2019-03-01Fitch: stable outlook from 2019-12-20Fitch: negative outlook from 2020-04-01Fitch: stable outlook from 2022-09-23AAS&PS&P AA- from 2015-07-01, stillAA-S&P: stable outlook from 2015-10-27AA-Moody'sMoody's Aa2 from 2015-07-01 to 2017-09-27Aa2Moody's Aa3 from 2017-09-27, stillAa3Moody's: negative outlook from 2016-03-17Moody's: stable outlook from 2017-09-27Moody's: negative outlook from 2019-12-17Moody's: watch negative outlook from 2021-03-09Moody's: negative outlook from 2023-12-08Moody's: stable outlook from 2025-05-28Aa3
AAACCCpositive outlookstablenegativewent on watch

Every move since 2015

  • 2026-05-12↑Fitch upgrade AA- → AA · 1 notch
  • 2017-09-27↓Moody's downgrade Aa2 → Aa3 · 1 notch

Every rating held today

AgencyTypeRatingOutlookDate
Fitchissuer default · long-termAAstable2026-08-11
Fitchissuer default · short-termF1+—2026-08-11
Moody'scounterparty · long-termAa2—2025-11-18
Moody'sdeposit · long-termAa3stable2025-11-18
Moody'sissuer credit · long-termAa3stable2025-11-18
Moody'scounterparty · short-termP-1—2025-11-18
Moody'sdeposit · short-termP-1—2025-11-18
S&Pissuer credit · long-termAA-stable2022-01-20
S&Pissuer credit · short-termA-1+—2022-01-20
Source: ESMA European Rating Platform, checked daily, with agency attribution.
Share price, 12 months · HSBC HoldingsGBp
796.751033.851270.951508.0525-09: 954.8025-09: 979.0025-09: 1013.2025-09: 1027.8025-09: 1025.2025-10: 1050.8025-10: 1050.0025-10: 992.1025-10: 964.3025-10: 992.8025-10: 1073.4025-11: 1075.0025-11: 1089.0025-11: 1104.4025-11: 1044.4025-11: 1064.4025-12: 1087.8025-12: 1064.6025-12: 1111.8025-12: 1150.4025-12: 1175.4026-01: 1191.8026-01: 1195.4026-01: 1213.0026-01: 1229.0026-01: 1242.2026-01: 1285.4026-02: 1277.6026-02: 1305.4026-02: 1270.2026-02: 1292.8026-02: 1393.6026-03: 1278.8026-03: 1272.8026-03: 1207.2026-03: 1183.0026-03: 1200.0026-04: 1272.8026-04: 1340.2026-04: 1365.2026-04: 1338.0026-04: 1331.0026-05: 1343.4026-05: 1318.6026-05: 1337.6026-05: 1374.2026-05: 1393.6026-06: 1367.0026-06: 1293.4026-06: 1409.6026-06: 1451.4026-06: 1422.6026-07: 1445.2026-07: 1454.0026-07: 1490.0026-07: 1480.8026-07: 1552.8026-07: 1587.0026-08: 1510.6026-08: 1524.2026-08: 1531.0026-08: 1518.4026-08: 1504.0026-09: 1563.6026-09: 1549.201549.2025-0925-1025-1226-0226-0426-0626-09
HSBC Holdings is the listed company; this entity has no equity of its own, and the group price does not enter its score.
30-day realised volatility · HSBC Holdings19.9%
Drawdown from 52-week high · HSBC Holdings-3.5%
Market signal Stable (bonds) (group)
Last price · HSBC Holdings2026-09-14
Bond yields vs peers, 31-day−18 bp (4 bonds, 2026-09-14)
CDS levels, bond yields and agency ratings feed the private market overlay and are never shown as levels; only the direction and the change against peers are public.
Every event held for this name, newest first: rating actions, Pillar 3 documents and filtered headlines. Severity is rules-based — read the source.
2026-08-14
Pillar 3 report for the period to 2026-06-30 published: banking-disclosure-statement-june-2026.pdf
firm website
info
2026-08-11
Fitch maintained under stable outlook: Long Term Issuer Default Rating
ESMA European Rating Platform
info
2026-08-11
Fitch affirmation: Long Term Issuer Default Rating AA
ESMA European Rating Platform
info
2026-08-11
Fitch affirmation: Short Term Issuer Default Rating F1+
ESMA European Rating Platform
info
2026-08-04
HSBC profit jumps 23% as Asia wealth fuels earnings - Nikkei Asia
Nikkei Asia
good
2026-08-04
HSBC reiterates no layoffs after Hang Seng privatization - The Standard (HK)
The Standard (HK)
info
2026-06-15
HSBC’s Hong Kong banking apps down in second outage of year - Hong Kong Free Press HKFP
Hong Kong Free Press HKFP
warn
2026-06-01
HSBC CEO pitches to Hong Kong clients, hires more bankers amid stiff competition - The Business Times
The Business Times
info
2026-05-14
Pillar 3 report for the period to 2026-03-31 published: banking-disclosure-statement-mar-2026.pdf
firm website
info
2026-05-12
Fitch maintained under stable outlook: Long Term Issuer Default Rating
ESMA European Rating Platform
info
2026-05-12
Fitch upgrade: Long Term Issuer Default Rating AA
ESMA European Rating Platform
good
2026-05-12
Fitch affirmation: Short Term Issuer Default Rating F1+
ESMA European Rating Platform
info
2026-03-09
Pillar 3 report for the period to 2025-12-31 published: banking-disclosure-statement-dec-2025.pdf
firm website
info
2025-11-18
Moody's affirmation: Issuer Rating Aa3
ESMA European Rating Platform
info
2025-11-18
Moody's maintained under stable outlook: Issuer Rating
ESMA European Rating Platform
info
2025-11-18
Moody's affirmation: Deposit Rating Aa3
ESMA European Rating Platform
info
2025-11-18
Moody's maintained under stable outlook: Deposit Rating
ESMA European Rating Platform
info
2025-11-18
Moody's affirmation: Counterparty Risk Rating Aa2
ESMA European Rating Platform
info
2025-11-18
Moody's affirmation: Deposit Rating P-1
ESMA European Rating Platform
info
2025-11-18
Moody's affirmation: Counterparty Risk Rating P-1
ESMA European Rating Platform
info
2025-10-10
Moody's affirmation: Issuer Rating Aa3
ESMA European Rating Platform
info
2025-10-10
Moody's maintained under stable outlook: Issuer Rating
ESMA European Rating Platform
info
2025-10-10
Moody's affirmation: Deposit Rating Aa3
ESMA European Rating Platform
info
2025-10-10
Moody's maintained under stable outlook: Deposit Rating
ESMA European Rating Platform
info
2025-10-10
Moody's affirmation: Counterparty Risk Rating Aa2
ESMA European Rating Platform
info
2025-10-10
Moody's affirmation: Deposit Rating P-1
ESMA European Rating Platform
info
2025-10-10
Moody's affirmation: Counterparty Risk Rating P-1
ESMA European Rating Platform
info
2025-08-19
Fitch maintained under stable outlook: Long Term Issuer Default Rating
ESMA European Rating Platform
info
2025-08-19
Fitch affirmation: Long Term Issuer Default Rating AA-
ESMA European Rating Platform
info
2025-08-19
Fitch affirmation: Short Term Issuer Default Rating F1+
ESMA European Rating Platform
info
2025-05-21
Pillar 3 report for the period to 2025-03-31 published: banking-disclosure-statement-mar-2025.pdf
firm website
info
2025-03-07
Pillar 3 report for the period to 2024-12-31 published: banking-disclosure-statement-dec-2024.pdf
firm website
info
2024-11-08
Pillar 3 report for the period to 2024-09-30 published: banking-disclosure-statement-sep-2024.pdf
firm website
info
2024-05-10
Pillar 3 report for the period to 2024-03-31 published: banking-disclosure-statement-mar-2024.pdf
firm website
info
2024-03-07
Pillar 3 report for the period to 2023-12-31 published: banking-disclosure-statement-dec-2023.pdf
firm website
info
2023-11-09
Pillar 3 report for the period to 2023-09-30 published: banking-disclosure-statement-Sep-2023.pdf
firm website
info
2023-05-11
Pillar 3 report for the period to 2023-03-31 published: banking-disclosure-statement-Mar-2023.pdf
firm website
info
2023-03-09
Pillar 3 report for the period to 2022-12-31 published: banking-disclosure-statement-Dec-2022.pdf
firm website
info
2022-11-10
Pillar 3 report for the period to 2022-09-30 published: banking-disclosure-statement-Sep-2022.pdf
firm website
info
2022-08-08
Pillar 3 report for the period to 2022-06-30 published: banking-disclosure-statement-Jun-2022.pdf
firm website
info
2022-05-11
Pillar 3 report for the period to 2022-03-31 published: banking-disclosure-statement-Mar-2022.pdf
firm website
info
2022-03-10
Pillar 3 report for the period to 2021-12-31 published: banking-disclosure-statement-Dec-2021.pdf
firm website
info
2021-11-03
Pillar 3 report for the period to 2021-09-30 published: banking-disclosure-statement-Sep-2021.pdf
firm website
info
2021-08-04
Pillar 3 report for the period to 2021-06-30 published: banking-disclosure-statement-Jun-2021.pdf
firm website
info
2021-05-06
Pillar 3 report for the period to 2021-03-31 published: banking-disclosure-statement-dec-2021.pdf
firm website
info
2021-03-10
Pillar 3 report for the period to 2020-12-31 published: banking-disclosure-statement-dec-2020.pdf
firm website
info
2020-03-31
Pillar 3 report for the period to 2019-12-31 published: banking-disclosure-statement-dec-2019.pdf
firm website
info
2019-12-13
Pillar 3 report for the period to 2019-09-30 published: banking-disclosure-statement-sep-2019.pdf
firm website
info

Documents and feeds

Firm's Pillar 3 disclosures · read from the PDF
21 documents · 7 metrics · 2018-09-30 to 2026-06-30
Latest source
ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing
1 document · 6 metrics · 2020-12-31 to 2022-12-31
Latest source

Latest value of every metric held

MetricValueReference dateSourceConfidence
CET1 capital ratio17.002026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Total deposits (currency millions)6,113,709.002022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.85
Cost-to-income or efficiency ratio53.102022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.75
Liquidity coverage ratio138.502026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Leverage ratio5.402026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Net interest margin1.252022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.75
Net stable funding ratio141.502026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Return on assets0.812022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.85
Return on equity9.482022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.85
Risk-weighted assets (currency millions)3,134,033.002026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Tier 1 capital ratio20.202026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98
Total assets (currency millions)10,324,152.002022-12-31ESEF annual accounts (filings.xbrl.org) · tagged XBRL filing0.85
Total capital ratio22.002026-06-30Firm's Pillar 3 disclosures · read from the PDF0.98