Banca Popolare di Sondrio SpA
Banca Popolare di Sondrio SpA operates in Diversified Metals & Mining.
Banca Popolare di Sondrio SpA (593) - Net Assets
Latest net assets as of June 2024: €3.82 Billion EUR
Based on the latest financial reports, Banca Popolare di Sondrio SpA (593) has net assets worth €3.82 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€56.70 Billion) and total liabilities (€52.88 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.82 Billion |
| % of Total Assets | 6.74% |
| Annual Growth Rate | 5.2% |
| 5-Year Change | 29.71% |
| 10-Year Change | N/A |
| Growth Volatility | 4.37 |
Banca Popolare di Sondrio SpA - Net Assets Trend (2016–2023)
This chart illustrates how Banca Popolare di Sondrio SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banca Popolare di Sondrio SpA (2016–2023)
The table below shows the annual net assets of Banca Popolare di Sondrio SpA from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.81 Billion | +12.45% |
| 2022-12-31 | €3.39 Billion | +0.37% |
| 2021-12-31 | €3.38 Billion | +9.03% |
| 2020-12-31 | €3.10 Billion | +5.41% |
| 2019-12-31 | €2.94 Billion | +7.03% |
| 2018-12-31 | €2.74 Billion | -0.93% |
| 2017-12-31 | €2.77 Billion | +3.63% |
| 2016-12-31 | €2.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banca Popolare di Sondrio SpA'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 grown by 367.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €461.16 Million | 12.11% |
| Other Components | €3.35 Billion | 87.89% |
| Total Equity | €3.81 Billion | 100.00% |
Banca Popolare di Sondrio SpA Competitors by Market Cap
The table below lists competitors of Banca Popolare di Sondrio SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fife Capital Corp
V:FFC-P
|
$163.55K |
|
Wells Fargo & Co Non-Cum Perp Pfd Shs -A- Series -X-
NMFQS:WFCPX
|
$163.68K |
|
UPDATE SOFTWARE
BE:UP2
|
$163.74K |
|
Pro-Pac Packaging Ltd
AU:PPG
|
$163.80K |
|
LUDWIG BECK - Dusseldorf Stock Exchang
DU:ECK
|
$163.52K |
|
BLUE CAP - Dusseldorf Stock Exchang
DU:B7E
|
$163.47K |
|
Royce Value Closed Fund
NYSE:RVT
|
$163.36K |
|
RYTHM, Inc.
NASDAQ:RYM
|
$163.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banca Popolare di Sondrio SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,387,436,000 to 3,809,274,000, a change of 421,838,000 (12.5%).
- Net income of 461,162,000 contributed positively to equity growth.
- Dividend payments of 126,948,000 reduced retained earnings.
- Other factors increased equity by 87,624,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €461.16 Million | +12.11% |
| Dividends Paid | €126.95 Million | -3.33% |
| Other Changes | €87.62 Million | +2.3% |
| Total Change | €- | 12.45% |
Book Value vs Market Value Analysis
This analysis compares Banca Popolare di Sondrio SpA'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: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.80x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.96 | €16.67 | x |
| 2018-12-31 | €5.89 | €16.67 | x |
| 2019-12-31 | €6.32 | €16.67 | x |
| 2020-12-31 | €6.66 | €16.67 | x |
| 2021-12-31 | €7.26 | €16.67 | x |
| 2022-12-31 | €7.53 | €16.67 | x |
| 2023-12-31 | €8.47 | €16.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banca Popolare di Sondrio SpA 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): 12.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.97%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 15.15x
- Recent ROE (12.11%) is above the historical average (6.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.81% | 10.57% | 0.03x | 14.37x | €-160.18 Million |
| 2017 | 5.94% | 15.90% | 0.02x | 15.54x | €-108.68 Million |
| 2018 | 4.18% | 11.88% | 0.02x | 15.52x | €-154.28 Million |
| 2019 | 4.84% | 14.06% | 0.02x | 14.48x | €-146.74 Million |
| 2020 | 3.56% | 12.07% | 0.02x | 16.62x | €-193.16 Million |
| 2021 | 8.21% | 24.09% | 0.02x | 16.82x | €-58.42 Million |
| 2022 | 7.42% | 21.61% | 0.02x | 17.08x | €-87.42 Million |
| 2023 | 12.11% | 28.97% | 0.03x | 15.15x | €80.23 Million |
Industry Comparison
This section compares Banca Popolare di Sondrio SpA's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banca Popolare di Sondrio SpA (593) | €3.82 Billion | 3.81% | 13.83x | $163.53K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |