The bank, Europe’s biggest by market value, said net profit hit $6.4 billion in the spring.
HSBC Holdings reported solid profit and announced another big payout to shareholders, lifting the global bank’s shares ahead of Chief Executive Noel Quinn’s retirement.
HSBC pledged to return another $3 billion to shareholders through a new share buyback, and boosted its financial targets for next year.
HSBC is highly influenced by interest rates because it is such a big retail and commercial lender in the U.K. and Hong Kong. Higher global rates, due to central banks’ efforts to rein in inflation, have widened the gap between what HSBC pays depositors and charges borrowers.

You can get HSBC valuation, here https://www.growthvaluation.com/download-category/evaluations/

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