Industrial & Commercial Bank Of China Return On Tangible Equity 2010-2023 | IDCBY
- Industrial & Commercial Bank Of China average return on tangible equity for 2022 was 11.14, a 4.54% decline from 2021.
- Industrial & Commercial Bank Of China average return on tangible equity for 2021 was 11.67, a 7.89% decline from 2020.
- Industrial & Commercial Bank Of China average return on tangible equity for 2020 was 12.67, a 8.12% decline from 2019.
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.