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HSBC HOLDINGS Targets RoTE of 17% from 2026 to 2028
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HSBC HOLDINGS (00005.HK) announced that it now aims for a RoTE of 17% or better for 2026-28, excluding notable items. Its revised target reflects momentum in its earnings and the positive progress it is making in its strategic execution. Meanwhile, HSBC HOLDINGS will be targeting YoY growth in revenue from 2026 to 2028, rising to 5% growth in 2028 compared with 2027 excluding notable items and on a constant currency basis. The bank also maintains its dividend payout ratio target basis of 50% in 2026-28. Its target basis payout ratio is calculated as a percentage of EPS excluding material notable items and related impacts. AAStocks Financial News |
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