HSBC Return On Tangible Equity 2010-2024 | HSBC
- HSBC average return on tangible equity for 2023 was 10.01, a 71.4% increase from 2022.
- HSBC average return on tangible equity for 2022 was 5.84, a 14.73% increase from 2021.
- HSBC average return on tangible equity for 2021 was 5.09, a 12.84% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.