vs
汇丰控股有限公司（HSBC）与富国银行（WFC）财务数据对比。点击上方公司名可切换其他公司
汇丰控股有限公司的季度营收约是富国银行的1.3倍（$28.6B vs $21.3B），汇丰控股有限公司净利率更高（25.7% vs 25.2%，领先0.5%）
汇丰控股有限公司是总部位于英国伦敦的全能银行及金融服务集团，历史与业务均与东亚市场渊源深厚，业务布局覆盖全球。截至2024年9月，集团总资产达3.098万亿美元，为欧洲规模最大的银行，全球总资产排名第7位，同时是全球第三大非国有银行。
富国银行是美国头部跨国金融服务机构，位列美国四大银行之一，业务覆盖全球35个国家，为超7000万全球客户提供服务，被金融稳定委员会认定为系统重要性金融机构，具备较高的行业影响力。
HSBC vs WFC — 直观对比
营收规模更大
HSBC
是对方的1.3倍
$21.3B
净利率更高
HSBC
高出0.5%
25.2%
损益表 — Q4 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $28.6B | $21.3B |
| 净利润 | $7.3B | $5.4B |
| 毛利率 | — | — |
| 营业利润率 | 33.1% | 30.7% |
| 净利率 | 25.7% | 25.2% |
| 营收同比 | — | 4.5% |
| 净利润同比 | — | 5.6% |
| 每股收益（稀释后） | $0.36 | $1.61 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HSBCWFC
| Q4 25 | — | $21.3B | ||
| Q3 25 | — | $21.4B | ||
| Q2 25 | — | $20.8B | ||
| Q1 25 | $28.6B | $20.1B | ||
| Q4 24 | — | $20.4B | ||
| Q3 24 | — | $20.4B | ||
| Q2 24 | — | $20.7B | ||
| Q1 24 | — | $20.9B |
净利润HSBCWFC
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | $7.3B | $4.9B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.6B |
营业利润率HSBCWFC
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 32.2% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | 33.1% | 26.4% | ||
| Q4 24 | — | 26.4% | ||
| Q3 24 | — | 30.6% | ||
| Q2 24 | — | 29.8% | ||
| Q1 24 | — | 26.8% |
净利率HSBCWFC
| Q4 25 | — | 25.2% | ||
| Q3 25 | — | 26.1% | ||
| Q2 25 | — | 26.4% | ||
| Q1 25 | 25.7% | 24.3% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | 23.7% | ||
| Q1 24 | — | 22.1% |
每股收益（稀释后）HSBCWFC
| Q4 25 | — | $1.61 | ||
| Q3 25 | — | $1.66 | ||
| Q2 25 | — | $1.60 | ||
| Q1 25 | $0.36 | $1.39 | ||
| Q4 24 | — | $1.42 | ||
| Q3 24 | — | $1.42 | ||
| Q2 24 | — | $1.33 | ||
| Q1 24 | — | $1.20 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $434.9B | — |
| 总债务越低越好 | — | $174.7B |
| 股东权益账面价值 | $192.3B | $181.1B |
| 总资产 | $3017.0B | $2148.6B |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资HSBCWFC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $434.9B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务HSBCWFC
| Q4 25 | — | $174.7B | ||
| Q3 25 | — | $177.8B | ||
| Q2 25 | — | $176.2B | ||
| Q1 25 | — | $173.7B | ||
| Q4 24 | — | $173.1B | ||
| Q3 24 | — | $182.0B | ||
| Q2 24 | — | $179.1B | ||
| Q1 24 | — | $187.8B |
股东权益HSBCWFC
| Q4 25 | — | $181.1B | ||
| Q3 25 | — | $181.2B | ||
| Q2 25 | — | $181.1B | ||
| Q1 25 | $192.3B | $181.1B | ||
| Q4 24 | — | $179.1B | ||
| Q3 24 | — | $183.3B | ||
| Q2 24 | — | $176.4B | ||
| Q1 24 | — | $180.9B |
总资产HSBCWFC
| Q4 25 | — | $2148.6B | ||
| Q3 25 | — | $2062.9B | ||
| Q2 25 | — | $1981.3B | ||
| Q1 25 | $3017.0B | $1950.3B | ||
| Q4 24 | — | $1929.8B | ||
| Q3 24 | — | $1922.1B | ||
| Q2 24 | — | $1940.1B | ||
| Q1 24 | — | $1959.2B |
负债/权益比HSBCWFC
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | — | 0.99× | ||
| Q2 24 | — | 1.02× | ||
| Q1 24 | — | 1.04× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $65.3B | $4.1B |
| 自由现金流经营现金流 - 资本支出 | $64.0B | — |
| 自由现金流率自由现金流/营收 | 223.9% | — |
| 资本支出强度资本支出/营收 | 4.7% | — |
| 现金转化率经营现金流/净利润 | 8.90× | 0.77× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HSBCWFC
| Q4 25 | — | $4.1B | ||
| Q3 25 | — | $-869.0M | ||
| Q2 25 | — | $-11.2B | ||
| Q1 25 | $65.3B | $-11.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $-12.1B |
自由现金流HSBCWFC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $64.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率HSBCWFC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 223.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度HSBCWFC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 4.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率HSBCWFC
| Q4 25 | — | 0.77× | ||
| Q3 25 | — | -0.16× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | 8.90× | -2.26× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | — | 0.82× | ||
| Q2 24 | — | 0.42× | ||
| Q1 24 | — | -2.63× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HSBC
暂无分部数据
WFC
| Other | $5.2B | 24% |
| Wealth And Investment Management | $3.4B | 16% |
| Investment Advisory Management And Administrative Service | $2.8B | 13% |
| Corporate And Investment Banking | $2.5B | 12% |
| Consumer Banking And Lending | $2.0B | 10% |
| Commercial Portfolio Segment | $1.1B | 5% |
| Commercial Banking | $1.1B | 5% |
| Credit Card Rewards And Rebates | $859.0M | 4% |
| Investment Advice | $716.0M | 3% |
| Deposit Account | $692.0M | 3% |
| Commissions And Brokerage Service Fees | $657.0M | 3% |
| Trailing Commission | $250.0M | 1% |
