• Banco Bradesco SA average return on tangible equity for 2023 was 17.51, a 11.16% decline from 2022.
• Banco Bradesco SA average return on tangible equity for 2022 was 19.71, a 16.49% decline from 2021.
• Banco Bradesco SA average return on tangible equity for 2021 was 16.92, a 2.17% 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.