• Gap average return on tangible equity for 2023 was -1.09, a 29.22% decline from 2022.
• Gap average return on tangible equity for 2022 was -1.54, a 117.46% decline from 2021.
• Gap average return on tangible equity for 2021 was 8.82, a 137.77% 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.