• Ameriprise Financial average return on tangible equity for 2023 was 70.49, a 6.47% decline from 2022.
• Ameriprise Financial average return on tangible equity for 2022 was 75.37, a 158.83% decline from 2021.
• Ameriprise Financial average return on tangible equity for 2021 was 29.12, a 23.15% increase 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.