• Popular average return on equity for 2023 was 19.13, a 6% decline from 2022.
• Popular average return on equity for 2022 was 20.35, a 41.91% decline from 2021.
• Popular average return on equity for 2021 was 14.34, a 65.4% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.