• Jack Henry & Associates average return on tangible equity for 2023 was 332.34, a 19.17% decline from 2022.
• Jack Henry & Associates average return on tangible equity for 2022 was 278.87, a 99.01% increase from 2021.
• Jack Henry & Associates average return on tangible equity for 2021 was 140.13, a 68.49% increase 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.