The HSBC (LSE: HSBA) share price has soared ahead of other major UK banks, up 26% in the past six months. When comparing performance, it’s clear to see there’s some major differences between the banks.
|
Bank |
6-month performance |
|---|---|
|
HSBC |
26% |
|
Lloyds |
3.5% |
|
NatWest |
-4.1% |
|
Barclays |
4.9% |
So what’s led to such a major diversion in price lately?
A widening economic divide
HSBC may be listed in London and sits in the FTSE 100, but the group generates most of its business in Asia. In 2025, Hong Kong alone contributed about 22% of group revenue, with around $15.9bn of a $71bn total coming from the city.
Meanwhile, profitability remains solid: excluding notable items, return on…
