HSBC Holdings PLC
Close on Nov 2, 2026Market cap $295.11BP/E 14.3Yield –
HSBC Return on Average Tangible Equity Excluding Notable by Quarter
Return on Average Tangible Equity (RoTE) Excluding Notable Items (Annualised)
HSBC Return on Average Tangible Equity Excluding Notable: 18.2% in Q3 2026, up 1.6 pts from a year earlier.
Where the Q3 2026 figure comes from
Source: HSBC — IR Data Pack 3Q26 ↗
18.2% in 3Q26; Group target: 17% or better for 2026–2028 excluding notable items.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Return on Average Tangible Equity (RoTE) Excluding Notable Items (Annualised) | Year on year | Source |
|---|---|---|---|---|
| Q3 2026 | Sep 30, 2026 | 18.20 | +1.6 pts | HSBC — IR Data Pack 3Q26 ↗ |
| Q2 2026 | Jun 30, 2026 | 19.50 | +1.7 pts | HSBC — IR Data Pack 3Q26 ↗ |
| Q1 2026 | Mar 31, 2026 | 18.70 | +0.3 pts | HSBC — IR Data Pack 3Q26 ↗ |
| Q4 2025 | Dec 31, 2025 | 15.90 | +2.7 pts | HSBC — IR Data Pack 3Q26 ↗ |
| Q3 2025 | Sep 30, 2025 | 16.60 | +0.7 pts | HSBC — IR Data Pack 3Q26 ↗ |
| Q2 2025 | Jun 30, 2025 | 17.80 | +1.0 pts | HSBC — IR Data Pack 2Q26 ↗ |
| Q1 2025 | Mar 31, 2025 | 18.40 | +2.0 pts | HSBC — IR Data Pack 1Q26 ↗ |
| Q4 2024 | Dec 31, 2024 | 13.20 | +0.4 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| Q3 2024 | Sep 30, 2024 | 15.90 | +0.9 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| Q2 2024 | Jun 30, 2024 | 16.80 | -1.1 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| Q1 2024 | Mar 31, 2024 | 16.40 | -2.0 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| Q4 2023 | Dec 31, 2023 | 12.80 | – | HSBC — IR Data Pack 4Q24 (Resegmentation) ↗ |
| Q3 2023 | Sep 30, 2023 | 15.00 | – | HSBC — IR Data Pack 4Q24 (Resegmentation) ↗ |
| Q2 2023 | Jun 30, 2023 | 17.90 | – | HSBC — IR Data Pack 4Q24 (Resegmentation) ↗ |
| Q1 2023 | Mar 31, 2023 | 18.40 | – | HSBC — IR Data Pack 4Q24 (Resegmentation) ↗ |
Breakdown
What makes up return on Average Tangible Equity Excluding Notable
- Reported Return on Average Tangible Equity (RoTE — Annualised)17.70 · Q3 2026
- Reported Return on Average Ordinary Shareholders' Equity (ROE)16.20 · Q3 2026
- Tangible Net Asset Value (TNAV) per Ordinary Share9.41 · Q3 2026
- Net Asset Value (NAV) per Ordinary Share10.14 · Q3 2026
- Tangible Ordinary Shareholders' Equity (TNAV)160,994.00 · Q3 2026
Cite this data
StockData. (2026). HSBC Return on Average Tangible Equity Excluding Notable, quarterly Q1 2023–Q3 2026 [Data set]. Compiled from HSBC SEC filings and investor materials. https://stockdatahq.com/stocks/hsbc/kpis/ret-rote-ex-notable-pct
See every metric in the HSBC KPI table. Data updated Nov 1, 2026.