Grupo Financiero Banorte SAB De CV Return On Tangible Equity 2010-2022 | GBOOY
- Grupo Financiero Banorte SAB De CV average return on tangible equity for 2021 was 16.88, a 17.7% increase from 2020.
- Grupo Financiero Banorte SAB De CV average return on tangible equity for 2020 was 20.51, a 19.98% decline from 2019.
- Grupo Financiero Banorte SAB De CV average return on tangible equity for 2019 was 25.63, a 18.06% decline from 2018.
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.