HSBC Holdings PLC
Close on Nov 2, 2026Market cap $295.11BP/E 14.3Yield –
HSBC Return on Average Tangible Equity Excluding Notable by Year
Return on Average Tangible Equity (RoTE) Excluding Notable Items (Annualised)
HSBC Return on Average Tangible Equity Excluding Notable: 17.2% in 2025, up 1.6 pts from a year earlier.
Where the 2025 figure comes from
Source: HSBC — IR Data Pack 4Q25 (Resegmentation) ↗
18.2% in 3Q26; Group target: 17% or better for 2026–2028 excluding notable items.
Annual 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 |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 17.20 | +1.6 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| 2024 | Dec 31, 2024 | 15.60 | -0.6 pts | HSBC — IR Data Pack 4Q25 (Resegmentation) ↗ |
| 2023 | Dec 31, 2023 | 16.20 | – | 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)13.30 · 2025
- Reported Return on Average Ordinary Shareholders' Equity (ROE)12.30 · 2025
- Tangible Net Asset Value (TNAV) per Ordinary Share9.64 · 2025
- Net Asset Value (NAV) per Ordinary Share10.36 · 2025
- Tangible Ordinary Shareholders' Equity (TNAV)165,153.00 · 2025
Cite this data
StockData. (2026). HSBC Return on Average Tangible Equity Excluding Notable, annual 2023–2025 [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.