• Banco Do Brasil SA average return on tangible equity for 2023 was 16.09, a 17.53% increase from 2022.
• Banco Do Brasil SA average return on tangible equity for 2022 was 13.69, a 5.15% increase from 2021.
• Banco Do Brasil SA average return on tangible equity for 2021 was 13.02, a 6.26% 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.