• Chiba Bank average return on tangible equity for 2023 was 6.14, a 2.5% increase from 2022.
• Chiba Bank average return on tangible equity for 2022 was 5.99, a 1.01% increase from 2021.
• Chiba Bank average return on tangible equity for 2021 was 5.93, a 6.02% 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.