HSBC vs NU vs TD Stock Comparison

Hsbc Holdings, Nu Holdings and Toronto Dominion Bank Prices as of Oct 26, 2026 Peers: Industry group
HSBC Hsbc Holdings Plc
$91.17 -9.7% 1M +36.1% 1Y
Market cap
$296.94B
P/E
12.0x
Revenue (TTM)
$55.61B
Div. yield
–
Money Center Banks Financial Services
7 wins
NU Nu Holdings Ltd.
$12.59 -7.3% 1M -20.5% 1Y
Market cap
$62.03B
P/E
17.2x
Revenue (TTM)
$19.34B
Div. yield
–
Money Center Banks Financial Services
TD Toronto Dominion Bank
$125.29 +3.9% 1M +54.7% 1Y
Market cap
$216.18B
P/E
19.2x
Revenue (TTM)
$46.75B
Div. yield
0.03%
Money Center Banks Financial Services
2 wins

Head to Head

9 decided of 12

Hsbc Holdings leads on 7 of the 12 questions below (Hsbc Holdings 7, Toronto Dominion Bank 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHSBCNUTDLeader
Larger companyMarket capitalisation $296.94B $62.03B $216.18B HSBC
Cheaper on earningsLower P/E, profitable companies only 12.0x 17.2x 19.2x HSBC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.1x 14.0x 18.4x HSBC
Faster revenue growthRevenue growth, trailing twelve months +2,725.8% +50.5% -3.6% HSBC
More profitableNet margin, trailing twelve months 44.6% 18.7% 24.1% HSBC
Better return on capitalReturn on invested capital — 18.1% — –
Less leveragedLower net debt / EBITDA — -2.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.03% –
Better 1-year returnPrice return, last 12 months +36.1% -20.5% +54.7% TD
Better 5-year returnAnnualised price return, 5 years +24.6%/yr — +11.5%/yr HSBC
Less volatileAnnualised volatility, 1 year 27.7% 46.2% 18.3% TD
Higher overall scoreMean of the five percentile scores vs peers 69/100 42/100 23/100 HSBC

Percentile Scorecard

HSBCNUTD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHSBCNUTD
Valuation 33 #242 of 362 10 #327 of 362 13 #315 of 362
Growth 73 #60 of 221 81 #42 of 221 36 #141 of 221
Profitability 81 #38 of 200 35 #131 of 200 11 #178 of 200
Financial Health – 72 #57 of 203 2 #200 of 203
Shareholder Returns 89 #40 of 342 11 #305 of 342 55 #154 of 342
Overall 69 42 23
  • HSBC ranked among 370 companies in Banking
  • NU ranked among 370 companies in Banking
  • TD ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHSBCNUTDSPY
1 month -9.7%-7.3%+3.9% -0.8%
3 months -12.3%-13.4%+4.7% +3.5%
6 months +1.3%-14.0%+18.6% +7.0%
Year to date +15.9%-24.8%+33.0% +12.2%
1 year +36.1%-20.5%+54.7% +13.0%
3 years +148.4%+57.2%+128.2% +86.3%
3 years, per year +35.5%+16.3%+31.7% +23.1%
5 years +199.7%—+72.6% +68.6%
5 years, per year +24.6%—+11.5% +11.0%
10 years +139.2%—+176.5% +258.0%
10 years, per year +9.1%—+10.7% +13.6%

Risk

MeasureHSBCNUTDSPY
Volatility, 1Y 27.7%46.2%18.3% 12.7%
Downside volatility, 1Y 26.8%51.3%19.0% 12.7%
Beta vs S&P 500, 1Y 1.281.470.76 1.00
Return / volatility, 1Y 1.30-0.442.99 1.02
Max drawdown, 5Y -34.6%-72.1%-39.3% -25.4%
From 52-week high -15.5%-32.9%0.0% -1.8%
52-week high $107.85$18.76$125.29 $779.14
52-week low $67.20$11.60$80.43 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHSBCNUTD
P/E now vs peer median 12.8xmedian 12.1x 16.9xmedian 12.1x 19.2xmedian 12.1x
P/S now vs peer median 5.6xmedian 3.4x 3.1xmedian 3.4x 4.5xmedian 3.4x
EV/EBITDA now vs peer median —median 5.0x 11.5xmedian 5.0x 10.0xmedian 5.0x
P/FCF now vs peer median —median 11.0x -44.7xmedian 11.0x 38.1xmedian 11.0x
P/B now vs peer median 1.6xmedian 1.2x 4.6xmedian 1.2x 2.3xmedian 1.2x
PEG now vs peer median 1.95median 1.36 0.03median 1.36 4.55median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHSBCNUTD
Revenue $55.61B $19.34B $46.75B
Gross profit – $7.97B –
Operating income $30.80B $4.39B $3.46B
Net income $26.01B $3.61B $11.69B
Free cash flow – -$1.36B $5.55B
EPS (diluted) $7.07 $0.74 $6.52
Cash & equivalents $227.80B $13.55B $4.86B
Total debt – $14.55B –
Shares (diluted) 3.51B 4.91B 1.73B
Enterprise value -$1.53T $6.01B -$459.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHSBCNUTD
P/E 12.8x 16.9x 19.2x
P/FCF – -44.7x 38.1x
P/Operating cash flow – -44.0x 38.1x
P/S 5.6x 3.1x 4.5x
P/B 1.6x 4.6x 2.3x
P/Tangible book 1.6x 4.9x 2.4x
EV/EBITDA – 11.5x 10.0x
EV/EBIT 2.8x 11.8x 14.8x
EV/Revenue 1.5x 2.7x 1.1x
EV/FCF – -38.0x 9.2x
EV/Operating cash flow – -37.5x 9.2x
PEG (3Y EPS CAGR) 1.95 0.03 4.55

Growth

14 metrics
MetricHSBCNUTD
Revenue growth (1Y) 2,726% 50.5% -3.6%
Revenue CAGR (3Y) 4.0% 45.8% 5.7%
Gross profit growth (1Y) – 42.8% –
Gross profit CAGR (3Y) – 48.4% –
Operating income growth (1Y) 25.1% 38.6% 17.4%
Operating income CAGR (3Y) 4.4% 132.2% 47.6%
Net income growth (1Y) 31.5% 56.9% -21.4%
Net income CAGR (3Y) 0.8% 260.8% 2.7%
EPS growth (1Y) 46.4% 56.2% -20.7%
EPS CAGR (3Y) 6.6% 603.5% 4.2%
Operating cash flow growth (1Y) – -135.1% -64.0%
Operating cash flow CAGR (3Y) – -39.0% 28.0%
Free cash flow growth (1Y) – -134.5% -64.0%
Free cash flow CAGR (3Y) – -38.6% 28.0%

Profitability

14 metrics
MetricHSBCNUTD
Gross margin – 41.2% –
EBITDA margin – 23.4% 10.9%
Operating margin 55.4% 22.7% 7.4%
Pretax margin 60.5% 22.7% -66.0%
Net margin 44.6% 18.7% 24.1%
FCF margin – -7.0% 11.9%
Operating cash flow margin – -7.1% 11.9%
Return on equity 13.2% 24.5% 12.9%
Return on assets 0.8% 4.0% 0.8%
Return on invested capital – 18.1% –
Return on capital employed – – –
Asset turnover 0.0x 0.2x 0.0x
Cash conversion (OCF / net income) – -0.4x 0.5x
Stock comp / revenue – 1.8% –

Financial Health

11 metrics
MetricHSBCNUTD
Debt / assets – 5.7% –
Debt / equity – 0.4x –
Net debt / EBITDA – -2.0x –
Debt / FCF – -3.4x –
Liabilities / assets 94.3% 84.0% 94.0%
Equity / assets 5.7% 16.0% 6.0%
Interest coverage – 1.2x 0.1x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHSBCNUTD
Dividend yield 4.1% – 3.5%
Net buyback yield – 0.0% 2.4%
Shareholder yield 4.1% 0.0% 5.9%
Payout ratio (earnings) – – 48.3%
Payout ratio (FCF) – – 101.8%
Dividend growth (1Y) – – 4.6%
Dividend CAGR (3Y) – – 6.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHSBCNUTD
Forward P/E 10.1xFY2026 14.0xFY2026 18.4xFY2026
EPS, next fiscal year $9.00FY2026 $0.90FY2026 $6.80FY2026
EPS growth, next FY +19.2%FY2026 +55.2%FY2026 +13.9%FY2026
EPS growth, the year after +9.2% +15.6% +9.6%
Revenue, next fiscal year $70.02BFY2026 $24.04BFY2026 $45.50BFY2026
Revenue growth, next FY -1.4%FY2026 +52.4%FY2026 +14.5%FY2026
Revenue growth, the year after +18.0% +23.9% +3.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHSBCNUTD
Held by institutions 2.5% 59.8% 45.9%
Institutions holding 707 854 900
Change in shares held, QoQ -0.3% +0.3% -1.2%
Institutions buying 402 442 385
Institutions selling 180 305 304
Buyers to sellers 2.23 1.45 1.27

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HSBCNUTD
HSBC 1.00 0.28 0.56
NU 0.28 1.00 0.26
TD 0.56 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HSBC, NU and TD?

Hsbc Holdings (HSBC) is the largest by market capitalisation: Hsbc Holdings (HSBC) $296.94B, Nu Holdings (NU) $62.03B, Toronto Dominion Bank (TD) $216.18B.

Which stock is cheaper, HSBC, NU and TD?

Hsbc Holdings (HSBC) trades on the lowest price-to-earnings ratio (Hsbc Holdings (HSBC) 12.0x, Nu Holdings (NU) 17.2x, Toronto Dominion Bank (TD) 19.2x). On next year's consensus earnings, Hsbc Holdings (HSBC) is cheapest (Hsbc Holdings (HSBC) 10.1x, Nu Holdings (NU) 14.0x, Toronto Dominion Bank (TD) 18.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hsbc Holdings (HSBC) grew revenue fastest over the trailing twelve months: Hsbc Holdings (HSBC) +2,725.8%, Nu Holdings (NU) +50.5%, Toronto Dominion Bank (TD) -3.6%.

Which company is more profitable?

Hsbc Holdings (HSBC) has the highest net margin (Hsbc Holdings (HSBC) 44.6%, Nu Holdings (NU) 18.7%, Toronto Dominion Bank (TD) 24.1%).

Which stock has performed better?

Over the past year Toronto Dominion Bank (TD) returned the most: Hsbc Holdings (HSBC) +36.1%, Nu Holdings (NU) -20.5%, Toronto Dominion Bank (TD) +54.7%. Over five years, Hsbc Holdings (HSBC) compounded fastest (Hsbc Holdings (HSBC) +24.6%/yr, Toronto Dominion Bank (TD) +11.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hsbc Holdings (HSBC) 0.00%, Nu Holdings (NU) 0.00%, Toronto Dominion Bank (TD) 0.03%. Hsbc Holdings (HSBC) and Nu Holdings (NU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Toronto Dominion Bank (TD) has been the steadiest (Hsbc Holdings (HSBC) 27.7%, Nu Holdings (NU) 46.2%, Toronto Dominion Bank (TD) 18.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HSBC, NU and TD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hsbc Holdings (HSBC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.