December 20, 2014 8:40 AM ET

Consumer Finance

Company Overview of HSBC Finance Corp.

Company Overview

HSBC Finance Corporation, through its subsidiaries, owns and services a portfolio of residential real estate loans. The company was formerly known as Household International Inc. and changed its name to HSBC Finance Corporation in December 2004. HSBC Finance Corporation was founded in 1878 and is based in Mettawa, Illinois. HSBC Finance Corporation operates as a subsidiary of HSBC Investments (North America) Inc.

26525 North Riverwoods Boulevard

Suite 100

Mettawa, IL 60045

United States

Founded in 1878

2,200 Employees

Phone:

224-880-7000

Key Executives for HSBC Finance Corp.

Chief Executive Officer
Age: 53
Chief Financial Officer and Executive Vice President
Age: 51
Chief Executive Officer of HSBC Bank - USA
Age: 51
Group Chairman of HSBC Holdings PLC
Age: 65
Head of Strategy & Planning
Age: 53
Compensation as of Fiscal Year 2014.

HSBC Finance Corp. Key Developments

HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock, Payable on December 15, 2014

HSBC Finance Corporation announced that its board of directors declared the regular quarterly cash dividend on the company's Series B preferred stock of $0.3975 per depositary share payable December 15, 2014, to stockholders of record as of December 1, 2014.

HSBC Finance Corporation Declares Regular Quarterly Cash Dividend on Series B Preferred Stock, Payable September 15, 2014

HSBC Finance Corporation announced that its board of directors declared the regular quarterly cash dividend on the company's Series B preferred stock of $0.3975 per depositary share payable September 15, 2014, to shareholders of record on September 1, 2014.

HSBC Finance Corp. Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

HSBC Finance Corp. reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the group reported interest income of $492 million compared to $591 million, net interest income of $225 million compared to $238 million, income from continuing operations before income tax of $348 million compared to $404 million, income from continuing operations of $236 million compared to $271 million, net income of $229 million compared to $220 million for the last year. For the period, the group reported interest income of $998 million compared to $1,364 million, net interest income of $457 million compared to $632 million, income from continuing operations before income tax of $443 million compared to $860 million, income from continuing operations of $348 million compared to $575 million, net income of $335 million compared to $446 million and cash provided by operating activities of $76 million compared to $289 million, for the last year.

Similar Private Companies By Industry

Company Name Region
OppenheimerFunds Services United States
Corduro Inc. United States
TD Auto Finance LLC United States
King Pawn, Inc. United States
Allstate Enterprises, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HSBC Finance Corp., please visit www.hsbcusa.com/hsbc_finance. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.