HDFC Bank Return On Tangible Equity 2010-2024 | HDB
- HDFC Bank average return on tangible equity for 2023 was 17.71, a 25.42% decline from 2022.
- HDFC Bank average return on tangible equity for 2022 was 14.12, a 35.35% increase from 2021.
- HDFC Bank average return on tangible equity for 2021 was 21.84, a 47.37% 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.