Attica Bank S.A. Net Assets
Attica Bank S.A. net assets. Based on the latest financial reports, Attica Bank S.A. (TATT) has net assets worth €872.04 Million EUR (≈ $1.02 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.17 Billion ≈ $8.38 Billion USD) and total liabilities (€6.29 Billion ≈ $7.36 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Attica Bank S.A. (TATT) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €872.04 Million |
| % of Total Assets | 12.17% |
| Annual Growth Rate | 9.44% |
| 5-Year Change | 323.51% |
| 10-Year Change | 28.69% |
| Growth Volatility | 65.44 |
Net Assets of Attica Bank S.A. (2014–2024)
Net assets of Attica Bank S.A. from 2014 to 2024. This chart illustrates how Attica Bank S.A.'s net assets have evolved over time, based on quarterly financial data. See TATT net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Attica Bank S.A. (2014–2024)
The table below shows the annual net assets of Attica Bank S.A. from 2014 to 2024. For live market cap and overall valuation, see how much is Attica Bank S.A. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €875.34 Million ≈ $1.02 Billion |
+96.07% |
| 2023-12-31 | €446.44 Million ≈ $521.93 Million |
+917.80% |
| 2022-12-31 | €-54.59 Million ≈ $-63.82 Million |
-116.47% |
| 2021-12-31 | €331.50 Million ≈ $387.55 Million |
+60.38% |
| 2020-12-31 | €206.69 Million ≈ $241.64 Million |
-58.17% |
| 2019-12-31 | €494.08 Million ≈ $577.63 Million |
+0.65% |
| 2018-12-31 | €490.90 Million ≈ $573.91 Million |
-22.41% |
| 2017-12-31 | €632.71 Million ≈ $739.70 Million |
-0.19% |
| 2016-12-31 | €633.90 Million ≈ $741.10 Million |
-6.81% |
| 2015-12-31 | €680.21 Million ≈ $795.24 Million |
+91.60% |
| 2014-12-31 | €355.02 Million ≈ $415.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Attica Bank S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 151835576200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Attica Bank S.A. Net Assets Breakdown (December 2024)
Attica Bank S.A. net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.88 Billion | 329.29% |
| Total Equity | €875.34 Million | 100.00% |
Attica Bank S.A. Competitors by Market Cap
The table below lists competitors of Attica Bank S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi Securities Co Ltd
SHE:002500
|
$2.54 Billion |
|
BioArctic AB (publ)
ST:BIOA-B
|
$2.54 Billion |
|
KWS SAAT SE & Co. KGaA
F:KWS
|
$2.54 Billion |
|
Robotis Co.Ltd
KQ:108490
|
$2.54 Billion |
|
Bank of Xi'An Co Ltd
SHG:600928
|
$2.54 Billion |
|
Hugo Boss AG
F:BOSA
|
$2.54 Billion |
|
Jiangsu Pacific Quartz Co Ltd
SHG:603688
|
$2.53 Billion |
|
Chengdu Kanghong Pharmaceuticals Group Co Ltd
SHE:002773
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Attica Bank S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 446,438,000 to 875,343,000, a change of 428,905,000 (96.1%).
- Net loss of 325,459,000 reduced equity.
- New share issuances of 735,107,000 increased equity.
- Other factors increased equity by 19,257,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-325.46 Million | -37.18% |
| Share Issuances | €735.11 Million | +83.98% |
| Other Changes | €19.26 Million | +2.2% |
| Total Change | €- | 96.07% |
Book Value vs Market Value Analysis
This analysis compares Attica Bank S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.61x to 2.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €2.57 | €1.57 | x |
| 2019-12-31 | €2.59 | €1.57 | x |
| 2020-12-31 | €1.87 | €1.57 | x |
| 2021-12-31 | €0.27 | €1.57 | x |
| 2022-12-31 | €-5.47 | €1.57 | x |
| 2023-12-31 | €3968.80 | €1.57 | x |
| 2024-12-31 | €0.54 | €1.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Attica Bank S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -37.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -224.34%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 8.61x
- Recent ROE (-37.18%) is below the historical average (-27.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -19.69% | -396.94% | 0.00x | 15.61x | €-75.23 Million |
| 2015 | -59.94% | 0.00% | -0.14x | 6.34x | €-404.68 Million |
| 2016 | -9.33% | -75.18% | 0.02x | 6.77x | €-102.90 Million |
| 2017 | 0.08% | 0.45% | 0.03x | 6.64x | €-52.82 Million |
| 2018 | -0.48% | -1.83% | 0.04x | 6.83x | €-51.45 Million |
| 2019 | 1.01% | 6.99% | 0.02x | 7.14x | €-44.41 Million |
| 2020 | -148.25% | 0.00% | -0.02x | 17.32x | €-327.08 Million |
| 2021 | -31.69% | 0.00% | 0.00x | 11.06x | €-138.19 Million |
| 2022 | 0.00% | 0.00% | -0.06x | 0.00x | €-381.11 Million |
| 2023 | 6.19% | 24.19% | 0.03x | 8.45x | €-17.03 Million |
| 2024 | -37.18% | -224.34% | 0.02x | 8.61x | €-412.99 Million |
Industry Comparison
This section compares Attica Bank S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $5,890,613,334
- Average return on equity (ROE) among peers: 4.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Attica Bank S.A. (TATT) | €872.04 Million | -19.69% | 7.22x | $2.54 Billion |
| Alpha Services and Holdings S.A. (ALPHA) | $6.24 Billion | 6.37% | 11.49x | $8.47 Billion |
| National Bank of Greece S.A (ETE) | $7.59 Billion | -38.05% | 9.35x | $15.54 Billion |
| Eurobank Ergasias Services and Holdings S.A. (EUROB) | $5.26 Billion | -23.05% | 11.87x | $12.88 Billion |
| Bank of Greece (TELL) | $815.50 Million | 80.26% | 125.50x | $295.99 Million |
| Piraeus Financial Holdings S.A (TPEIR) | $9.54 Billion | -2.10% | 6.06x | $8.39 Billion |
About Attica Bank S.A.
Attica Bank S.A., together with its subsidiaries, provides various banking products and services in Greece. The company operates through Retail Banking, Corporate Banking, and Capital Management/Treasury segments. It offers saving, current, payroll, and pension accounts; time and sight deposit accounts; and repos, sight, and tiered interest rate sight interest-bearing accounts. The company also p… Read more