HSBC or Hong Kong and Shanghai Banking Corporation is one of the biggest banking and financial services providers worldwide. Recently, the earnings per share or EPS of HSBC has gone up due to a number of factors, which obviously include the acquisitions made by HSBC.
The most recent acquisition of HSBC was the Korea Exchange Bank or KEB, which is the sixth biggest bank in Korea. This has resulted in the accretion of the earnings per share (EPS) of HSBC. The common stock of HSBC (Hong Kong and Shanghai Banking Corporation) is traded on different stock exchanges under different ticker symbols and they are as follows:
London Stock Exchange or LSE – HSBA
Euronext – HSBC
New York Stock Exchange or NYSE – HBC
The total revenue of HSBC Holdings plc for the year 2006 amounted to 65.4 billion U.S. dollars.
In the year 2006, the earnings per share of HSBC was US$ 1.40, which is more than the earnings per share for the year 2005, which stood at $1.36.
This was an increase by 2.9%.The increase of earnings per share of HSBC is dynamic in nature.