Hsbc Holdings (HSBC) Rent Expense (2009 - 2011)
Hsbc Holdings (HSBC) 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 (HSBC) Rent Expense (2009 - 2011) Analysis & Trends
Hsbc Holdings has reported Rent Expense for 3 years, with the latest figure 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 $95.0 million (down 66.31% 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 HSBC's latest filing, from -$110.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $102.0 million in Q1 2009 and troughed at -$110.0 million in Q4 2010.
- A 3-year average of $43.7 million and a median of $66.0 million in 2010 frame the typical range for Rent Expense.
- The widest YoY moves for Rent Expense: up 10.0% in 2010, down 324.49% in 2010.
- Over 3 years, Rent Expense stood at $49.0 million in 2009, then tumbled by 324.49% to -$110.0 million in 2010, then soared by 161.82% to $68.0 million in 2011.
- According to Business Quant data, Rent Expense over the past three periods registered $68.0 million, -$110.0 million, and $66.0 million for Q1 2011, Q4 2010, and Q3 2010 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 803.00 Mn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 385.91 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 143.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2010 | 71.00 Mn |
| Mar 31, 2010 | 71.00 Mn |
| Dec 31, 2009 | 49.00 Mn |
| Dec 31, 2009 | 49.00 Mn |
| Sep 30, 2009 | 60.00 Mn |
| Sep 30, 2009 | 60.00 Mn |
| Mar 31, 2009 | 102.00 Mn |
| Mar 31, 2009 | 102.00 Mn |