• Credicorp average return on tangible equity for 2023 was 19.34, a 3.78% decline from 2022.
• Credicorp average return on tangible equity for 2022 was 20.1, a 120.39% decline from 2021.
• Credicorp average return on tangible equity for 2021 was 9.12, a 39.02% 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.