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🌐 Entity
Return on equity
Measure of the profitability of a business
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📌 Topics
- Banking Performance (1)
- Corporate Restructuring (1)
- Financial Markets (1)
- Financial Performance (1)
- Strategic Restructuring (1)
- Market Competition (1)
🏷️ Keywords
HSBC (1) · Earnings Target (1) · Annual Profit (1) · Return on Equity (1) · Corporate Restructuring (1) · One-off Charges (1) · China Banking Sector (1) · Stock Performance (1) · HSBC profit (1) · European banking (1) · Wealth management (1) · Hong Kong operations (1) · Return on equity (1) · Compensation reform (1) · Hang Seng privatization (1)
📖 Key Information
The return on equity (ROE) is a measure of the profitability of a business in relation to its equity;
where:
ROE = Net Income/Average Shareholders' Equity
Thus, ROE is equal to a fiscal year's net income (after preferred stock dividends, before common stock dividends), divided by total equity (excluding preferred shares), expressed as a percentage.
Because shareholder's equity can be calculated by taking all assets and subtracting all liabilities, ROE can also be thought of as a return on NAV, or assets less liabilities.
📰 Related News (2)
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🇺🇸 HSBC annual pre-tax profit drops over 7%, revenue jumps as bank's results top estimates
Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the bank's estimates....
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People and organizations frequently mentioned alongside Return on equity:
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Wealth management · 1 shared articles -
HSBC · 1 shared articles