• Flagstar Financial average return on tangible equity for 2023 was 34.34, a 164.76% decline from 2022.
• Flagstar Financial average return on tangible equity for 2022 was 12.97, a 2.69% increase from 2021.
• Flagstar Financial average return on tangible equity for 2021 was 12.63, a 35.95% 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.