Popular Return On Tangible Equity 2010-2024 | BPOP
- Popular average return on tangible equity for 2023 was 23.79, a 3.29% decline from 2022.
- Popular average return on tangible equity for 2022 was 24.6, a 47.75% decline from 2021.
- Popular average return on tangible equity for 2021 was 16.65, a 64.53% 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.