• Cabot average return on tangible equity for 2023 was 36.51, a 46.8% increase from 2022.
• Cabot average return on tangible equity for 2022 was 24.87, a 471.72% increase from 2021.
• Cabot average return on tangible equity for 2021 was 4.35, a 142.81% 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.