ROE of the largest banks in the UK 2012-2023
All five of the largest banks in the United Kingdom performed exceptionally well in terms of return on tangible equity (RoTE) in 2023. HSBC reported a RoTE of 14.6 percent, by far the highest in the observed period. In 2023, NatWest Group reported the highest RoTE at 17.8 percent, and it was followed by Lloyds Banking Group with 15.8 percent.