• BB Seguridade Participacoes SA average return on tangible equity for 2023 was 79.67, a 25.72% decline from 2022.
• BB Seguridade Participacoes SA average return on tangible equity for 2022 was 63.37, a 15.09% increase from 2021.
• BB Seguridade Participacoes SA average return on tangible equity for 2021 was 55.06, a 30.86% 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.