• Regency Centers average return on tangible equity for 2023 was 6.02, a 24.37% decline from 2022.
• Regency Centers average return on tangible equity for 2022 was 7.96, a 75.33% decline from 2021.
• Regency Centers average return on tangible equity for 2021 was 4.54, a 257.48% 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.