• Bank Hapoalim average return on tangible equity for 2023 was 15.01, a 16.09% decline from 2022.
• Bank Hapoalim average return on tangible equity for 2022 was 12.93, a 20.39% increase from 2021.
• Bank Hapoalim average return on tangible equity for 2021 was 10.74, a 287.73% 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.