As a measure of a bank's performance, return on equity (RoE) measures how well a bank's management uses its assets to create profits. Underlying RoE, which takes out misconduct costs and one-time charges, saw annual improvements between 2016 and 2018. According to the source, the three percent increase seen in major UK banks statutory RoE from 2017 to 2018 was mainly reflected in significant reductions in banks' restructuring costs.
Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019
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European Commission. (July 11, 2019). Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019 [Graph]. In Statista. Retrieved June 05, 2023, from https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/
European Commission. "Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019." Chart. July 11, 2019. Statista. Accessed June 05, 2023. https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/
European Commission. (2019). Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019. Statista. Statista Inc.. Accessed: June 05, 2023. https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/
European Commission. "Statutory and Underlying Return on Equity (Roe) of Major Uk Banks in The United Kingdom (Uk) from 2005 to 1st Quarter 2019." Statista, Statista Inc., 11 Jul 2019, https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/
European Commission, Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019 Statista, https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/ (last visited June 05, 2023)
Statutory and underlying return on equity (RoE) of major UK banks in the United Kingdom (UK) from 2005 to 1st quarter 2019 [Graph], European Commission, July 11, 2019. [Online]. Available: https://www.statista.com/statistics/1062555/banking-system-return-on-equity-uk-major-banks/