• Banco Santander Chile average return on tangible equity for 2023 was 12.29, a 44.79% increase from 2022.
• Banco Santander Chile average return on tangible equity for 2022 was 22.26, a 33.61% decline from 2021.
• Banco Santander Chile average return on tangible equity for 2021 was 16.66, a 7.13% 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.