• Endeavors average return on tangible equity for 2023 was -3.41, a 39% decline from 2022.
• Endeavors average return on tangible equity for 2022 was -5.59, a 160.37% decline from 2021.
• Endeavors average return on tangible equity for 2021 was 9.26, a 3.12% decline 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.