• Barclays average return on tangible equity for 2023 was 8.4, a 0.96% decline from 2022.
• Barclays average return on tangible equity for 2022 was 8.32, a 0.24% increase from 2021.
• Barclays average return on tangible equity for 2021 was 8.34, a 121.22% 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.