Barclays (BCS), NatWest Group (NWG), and HSBC Holdings (HSBC) will raise their profit targets when they release their annual earnings, Reuters reported Monday, citing people close to the matter.
HSBC is expected to increase its return on tangible equity, or ROTE, guidance, beyond its current "mid teens or better," while NatWest is expected to raise its ROTE guidance for 2027 to as much as 17% from its current 15%, and Barclays will also raise its ROTE outlook, Reuters reported.
NatWest Group declined to comment, while Barclays and HSBC did not immediately respond to requests for comment from MT Newswires.
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