• Ally Financial average return on tangible equity for 2023 was 9.2, a 37.5% decline from 2022.
• Ally Financial average return on tangible equity for 2022 was 14.72, a 17.81% decline from 2021.
• Ally Financial average return on tangible equity for 2021 was 17.91, a 182.49% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.