• Home BancShares average return on tangible equity for 2023 was 18.54, a 24.93% decline from 2022.
• Home BancShares average return on tangible equity for 2022 was 14.84, a 23.62% increase from 2021.
• Home BancShares average return on tangible equity for 2021 was 19.43, a 35.68% 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.