Return on equity of HSBC 2012-2023
Between 2012 and 2023, HSBC documented its least favorable return at the outbreak of the COVID-19 pandemic, registering 2.4 percent. In contrast, by 2023, the bank exhibited an enhanced performance, achieving its highest return value of 20.8 percent. Return on average tangible equity (ROE) is an indicator demonstrating the profitability and efficiency with which profits are generated.