• Nordea Bank AB average return on tangible equity for 2023 was 18.49, a 56.17% increase from 2022.
• Nordea Bank AB average return on tangible equity for 2022 was 11.84, a 9.23% increase from 2021.
• Nordea Bank AB average return on tangible equity for 2021 was 10.84, a 70.17% 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.