• Glacier Bancorp average return on tangible equity for 2023 was 13.99, a 5.47% decline from 2022.
• Glacier Bancorp average return on tangible equity for 2022 was 14.8, a 14.84% decline from 2021.
• Glacier Bancorp average return on tangible equity for 2021 was 17.38, a 16.25% 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.