• Intesa Sanpaolo SpA average return on tangible equity for 2023 was 8.16, a 14.45% increase from 2022.
• Intesa Sanpaolo SpA average return on tangible equity for 2022 was 7.13, a 5.69% increase from 2021.
• Intesa Sanpaolo SpA average return on tangible equity for 2021 was 7.56, a 14.86% 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.