Side by sideHSBC (HSBA.L) and Barclays (BARC.L)Memos of October 10, 2026 and October 12, 2026
HSBC vs Barclays stock: the numbers side by side (October 2026)
How do HSBC and Barclays compare?
| HSBC HSBA.L | Barclays BARC.L | |
|---|---|---|
| Revenue growth | 3.7%Year to Dec 2025 | 8.8%2025 |
| Net interest margin | 1.6%Year to Dec 2025 | 4.6%2025 |
| CET1 capital ratio | 14.9%Year to Dec 2025 | 14.3%2025 |
| Dividend yield | 4.1%Today (Oct 8, 2026) | 2.0%Today (Oct 12, 2026) |
| P/E, last 12 months | 13.0xToday (Oct 8, 2026) | 8.8xToday (Oct 12, 2026) |
| P/E, next 12 months | 9.6xToday (Oct 8, 2026) | 6.8xToday (Oct 12, 2026) |
| Weighted price forecast, about 1 year | 1168.75 (-11 %)October 2027 | 491.82 (+16 %)October 2027 |
| Weighted price forecast, about 3 years | 1228.74 (+3 %)October 2029 | 620.67 (+53 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | Barclays | The higher figure |
| Net interest margin | Barclays | The higher figure |
| CET1 capital ratio | HSBC | The higher figure |
| Dividend yield | HSBC | The higher figure |
| P/E, last 12 months | Barclays | The lower figure |
| P/E, next 12 months | Barclays | The lower figure |
| Weighted price forecast, about 1 year | Barclays | The higher weighted return |
| Weighted price forecast, about 3 years | Barclays | The higher weighted return |
What does each company do?
HSBC is a global bank for individuals, businesses, financial institutions and public bodies.
HSBC (HSBA.L), from our memo of October 10, 2026 · HSBC stock forecast
Barclays serves households, businesses, governments and professional investors through UK and international banking, US consumer lending, wealth services and its Investment Bank.
Barclays (BARC.L), from our memo of October 12, 2026 · Barclays stock forecast
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