HSBC vs. USB: HSBC vs. U.S. Bancorp Stock Comparison
How do HSBC (HSBC) and U.S. Bancorp (USB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
HSBC (HSBC) and U.S. Bancorp (USB) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
U.S. Bancorp (USB) trades as ordinary local shares, while HSBC (HSBC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | HSBC | USB |
|---|---|---|
| Name | HSBC Holdings plc Sponsored ADR | U.S. Bancorp |
| Country/Region | United Kingdom | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 325.71 billion USD | 90.57 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 16, 1999 | May 3, 1973 |
| Security Type | ADR | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | HSBC | USB |
|---|---|---|
| Total Return (1Y) | 68.32% | 40.07% |
Risk
Drawdown
Risk at a Glance
| Metric | HSBC | USB |
|---|---|---|
| Volatility (1Y, Annualized) | 27.03% | 22.32% |
| Beta (5Y) | 0.58 | 0.97 |
| Avg. Volume (3M) | 1.90M | 9.42M |
Profitability
ROE (TTM)
Both HSBC (HSBC) at 11.61% and U.S. Bancorp (USB) at 12.35% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
HSBC
Banks industry group
11.61%
- Max
- 19.15%
- Q3
- 13.07%
- HSBC
- 11.61%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
USB
Banks industry group
12.35%
- Max
- 19.15%
- Q3
- 13.07%
- USB
- 12.35%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
Net Margin (TTM)
HSBC (HSBC) at 34.98% retains a top-quartile share of revenue as profit, ahead of U.S. Bancorp (USB) at 29.29%, which keeps about the industry-typical share.
HSBC
Banks industry group
34.98%
- Max
- 47.55%
- HSBC
- 34.98%
- Q3
- 34.61%
- Median
- 30.31%
- Q1
- 25.62%
- Min
- 12.76%
USB
Banks industry group
29.29%
- Max
- 47.55%
- Q3
- 34.61%
- Median
- 30.31%
- USB
- 29.29%
- Q1
- 25.62%
- Min
- 12.76%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for HSBC (HSBC) in Banks and U.S. Bancorp (USB) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability at a Glance
| Metric | HSBC | USB |
|---|---|---|
| ROE (TTM) | 11.61% | 12.35% |
| ROA (TTM) | 0.72% | 1.14% |
| Net Margin (TTM) | 34.98% | 29.29% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | HSBC | USB |
|---|---|---|
| Revenue Growth (YoY) | -1.74% | 4.41% |
| Revenue Growth (3Y CAGR) | 7.22% | 5.68% |
EPS Growth
EPS Growth at a Glance
| Metric | HSBC | USB |
|---|---|---|
| EPS Growth (YoY) | -3.23% | 21.90% |
| EPS Growth (3Y CAGR) | 17.49% | 7.78% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: HSBC (HSBC) in Banks and U.S. Bancorp (USB) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: HSBC (HSBC) in Banks and U.S. Bancorp (USB) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength at a Glance
| Metric | HSBC | USB |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
U.S. Bancorp (USB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HSBC (HSBC) reports a yield of 3.97%, ranking against industry peers normally.
HSBC
Banks industry group
3.97%
- Max
- 6.87%
- HSBC
- 3.97%
- Q3
- 2.97%
- Median
- 1.82%
- Q1
- 0.00%
- Min
- 0.00%
USB
Banks industry group
0.00%
- Max
- 6.87%
- Q3
- 2.97%
- Median
- 1.82%
- USB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Dividend policy can be sized up on one side only: HSBC (HSBC) pays out 61.98% of earnings, measured against its industry’s payout band; U.S. Bancorp (USB) shows no payout ratio this period.
HSBC
Banks industry group
61.98%
- Max
- 67.80%
- HSBC
- 61.98%
- Q3
- 42.56%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
USB
Banks industry group
--
- Max
- 67.80%
- Q3
- 42.56%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
- USB
- --
Dividends at a Glance
| Metric | HSBC | USB |
|---|---|---|
| Dividend Yield (TTM) | 3.97% | 0.00% |
| Dividend Payout Ratio (TTM) | 61.98% | -- |
Valuation
P/E Ratio (TTM)
U.S. Bancorp (USB) at 12.19 is near its industry’s usual P/E ratio, while HSBC (HSBC) at 15.70 sits in the richer quartile — HSBC needs stronger growth or earnings quality to justify the premium.
HSBC
Banks industry group
15.70
- Max
- 20.85
- HSBC
- 15.70
- Q3
- 15.27
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
USB
Banks industry group
12.19
- Max
- 20.85
- Q3
- 15.27
- Median
- 12.70
- USB
- 12.19
- Q1
- 11.13
- Min
- 6.36
P/S Ratio (TTM)
P/S ratio is set aside for both HSBC (HSBC) in Banks and U.S. Bancorp (USB) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
U.S. Bancorp (USB) at 1.55 sits near its industry’s typical P/B ratio, while HSBC (HSBC) at 7.47 prices above its benchmark range — HSBC looks rich relative to book.
HSBC
Banks industry group
7.47
- HSBC
- 7.47
- Max
- 2.23
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
USB
Banks industry group
1.55
- Max
- 2.23
- Q3
- 1.56
- USB
- 1.55
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
Valuation at a Glance
| Metric | HSBC | USB |
|---|---|---|
| P/E Ratio (TTM) | 15.70 | 12.19 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 7.47 | 1.55 |
| Free Cash Flow Yield (TTM) | -- | -- |