• Woori Bank average return on tangible equity for 2023 was 9.06, a 10.21% decline from 2022.
• Woori Bank average return on tangible equity for 2022 was 10.09, a 21.57% decline from 2021.
• Woori Bank average return on tangible equity for 2021 was 8.3, a 39.26% 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.