• Mizuho Financial average return on tangible equity for 2023 was 9, a 8.7% increase from 2022.
• Mizuho Financial average return on tangible equity for 2022 was 8.28, a 0.49% increase from 2021.
• Mizuho Financial average return on tangible equity for 2021 was 8.24, a 21.18% 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.