The market capitalization of HSBC Holdings Plc exceeded $300 billion – a first for a bank whose shares are listed in Europe.
On Tuesday, HSBC shares rose by 3% to a new historical high, briefly lifting the bank's market value above the $300 billion mark and matching AstraZeneca in capitalization on the London FTSE 100 index.
The cumulative growth since the beginning of the year approached 9%, with the bank becoming the growth leader within the FTSE, which overall added about 0.6%.
The most valuable bank in the world by market capitalization remains American JP Morgan, exceeding $800 billion.
HSBC Holdings Plc retained its status as the largest bank in Europe by assets in 2025. As of the end of 2024, the bank's assets amounted to nearly $2.99 trillion, significantly surpassing those of French BNP Paribas and Crédit Agricole Group, according to data from S&P Global Market Intelligence.
In recent years, HSBC has been transitioning from a phase of large-scale restructuring to a growth strategy, intensifying its focus on Asian markets.