Hsbc Holdings (HBCYF) Rent Expense (2009 - 2011)

Hsbc Holdings (HBCYF) posted Rent Expense of $68.0 million for Q1 2011, up 161.82% sequentially from -$110.0 million in Q4 2010, and down 4.23% YoY from $71.0 million in Q1 2010.

Hsbc Holdings (HBCYF) Rent Expense (2009 - 2011) Analysis & Trends

Hsbc Holdings (HBCYF) has 3 years of Rent Expense data on file, last reported at $68.0 million in Q1 2011.

  • Quarterly Rent Expense fell 4.23% year-over-year to $68.0 million in Q1 2011, while the trailing twelve-month figure through Mar 2011 was $69.7 million (down 67.13% YoY) and the FY2010 annual result came in at $92.0 million, down 49.45% from the prior year.
  • Rent Expense grew to $68.0 million in Q1 2011 per HBCYF's latest filing, from -$110.0 million in the prior quarter.
  • The five-year high for Rent Expense was $71.0 million in Q1 2010, with the low at -$110.0 million in Q4 2010.
  • Average Rent Expense over 3 years is $38.3 million, with a median of $60.0 million recorded in 2009.
  • The widest YoY moves for Rent Expense: up 18.71% in 2010, down 358.09% in 2010.
  • Hsbc Holdings' Rent Expense stood at $42.6 million in 2009, then sank by 358.09% to -$110.0 million in 2010, then jumped by 161.82% to $68.0 million in 2011.
  • Business Quant data shows HBCYF's Rent Expense at $68.0 million in Q1 2011, -$110.0 million in Q4 2010, and $66.0 million in Q3 2010.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.90 Bn
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 778.00 Mn
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 681.00 Mn
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 123.00 Mn
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 1.45 Bn
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - -
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 7.67 Mn
10 Hsbc Holdings - - - -

Historic Data

Download Data
DateValue
Mar 31, 2011 68.00 Mn
Mar 31, 2011 68.00 Mn
Dec 31, 2010 -110.00 Mn
Dec 31, 2010 -110.00 Mn
Sep 30, 2010 66.00 Mn
Sep 30, 2010 66.00 Mn
Jun 30, 2010 45.74 Mn
Jun 30, 2010 45.74 Mn
Mar 31, 2010 71.00 Mn
Mar 31, 2010 71.00 Mn
Dec 31, 2009 42.62 Mn
Dec 31, 2009 42.62 Mn
Sep 30, 2009 60.00 Mn
Sep 30, 2009 60.00 Mn
Jun 30, 2009 38.53 Mn
Jun 30, 2009 38.53 Mn
Mar 31, 2009 63.00 Mn
Mar 31, 2009 63.00 Mn