Akbank T.A.S
Akbank T.A.S., together with its subsidiaries, provides various banking products and services in Turkey and internationally. The company's consumer banking services comprise deposit accounts, retail loans, commercial installment loans, credit cards, insurance products, bank cards, cheques, and asset management services, as well as investment funds trading, automatic payment, foreign currency trad… Read more
Akbank T.A.S (AKB2) - Net Assets
Latest net assets as of June 2025: €258.94 Billion EUR
Based on the latest financial reports, Akbank T.A.S (AKB2) has net assets worth €258.94 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.98 Trillion) and total liabilities (€2.73 Trillion). 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 | €258.94 Billion |
| % of Total Assets | 8.68% |
| Annual Growth Rate | 28.92% |
| 5-Year Change | 282.02% |
| 10-Year Change | N/A |
| Growth Volatility | 30.07 |
Akbank T.A.S - Net Assets Trend (2017–2024)
This chart illustrates how Akbank T.A.S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Akbank T.A.S (2017–2024)
The table below shows the annual net assets of Akbank T.A.S from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €240.38 Billion | +13.81% |
| 2023-12-31 | €211.22 Billion | +37.51% |
| 2022-12-31 | €153.61 Billion | +102.22% |
| 2021-12-31 | €75.96 Billion | +20.72% |
| 2020-12-31 | €62.92 Billion | +15.75% |
| 2019-12-31 | €54.36 Billion | +24.15% |
| 2018-12-31 | €43.79 Billion | +7.81% |
| 2017-12-31 | €40.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Akbank T.A.S'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 30.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €42.54 Billion | 17.70% |
| Other Components | €197.83 Billion | 82.30% |
| Total Equity | €240.37 Billion | 100.00% |
Akbank T.A.S Competitors by Market Cap
The table below lists competitors of Akbank T.A.S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WISE PLC LS -01
F:6WS
|
$7.49 Billion |
|
Sunoco LP
NYSE:SUN
|
$7.50 Billion |
|
Houlihan Lokey Inc
NYSE:HLI
|
$7.50 Billion |
|
Guangzhou Tinci Materials Technology Co Ltd
SHE:002709
|
$7.51 Billion |
|
Zhejiang Nhu Co Ltd
SHE:002001
|
$7.48 Billion |
|
Halozyme Therapeutics Inc
NASDAQ:HALO
|
$7.47 Billion |
|
Falabella
SN:FALABELLA
|
$7.47 Billion |
|
Wynn Resorts Limited
NASDAQ:WYNN
|
$7.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akbank T.A.S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 211,218,707,000 to 240,371,214,000, a change of 29,152,507,000 (13.8%).
- Net income of 42,366,116,000 contributed positively to equity growth.
- Dividend payments of 9,971,000,000 reduced retained earnings.
- Other factors decreased equity by 3,242,609,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €42.37 Billion | +17.63% |
| Dividends Paid | €9.97 Billion | -4.15% |
| Other Changes | €-3.24 Billion | -1.35% |
| Total Change | €- | 13.80% |
Book Value vs Market Value Analysis
This analysis compares Akbank T.A.S'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: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.33x to 0.06x 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 | €8.71 | €2.84 | x |
| 2018-12-31 | €9.39 | €2.84 | x |
| 2019-12-31 | €10.45 | €2.84 | x |
| 2020-12-31 | €12.10 | €2.84 | x |
| 2021-12-31 | €14.61 | €2.84 | x |
| 2022-12-31 | €29.54 | €2.84 | x |
| 2023-12-31 | €40.62 | €2.84 | x |
| 2024-12-31 | €46.23 | €2.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akbank T.A.S 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): 17.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.44%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 11.04x
- Recent ROE (17.63%) is below the historical average (18.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.82% | 40.20% | 0.04x | 8.41x | €1.96 Billion |
| 2018 | 13.04% | 28.98% | 0.06x | 8.10x | €1.33 Billion |
| 2019 | 9.85% | 24.76% | 0.06x | 7.12x | €-83.90 Million |
| 2020 | 9.95% | 24.10% | 0.05x | 7.60x | €-32.76 Million |
| 2021 | 15.97% | 30.69% | 0.05x | 10.04x | €4.53 Billion |
| 2022 | 39.08% | 53.70% | 0.10x | 7.47x | €44.67 Billion |
| 2023 | 31.48% | 44.20% | 0.08x | 9.02x | €45.37 Billion |
| 2024 | 17.63% | 26.44% | 0.06x | 11.04x | €18.33 Billion |
Industry Comparison
This section compares Akbank T.A.S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,591,160,037,000
- Average return on equity (ROE) among peers: 8.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akbank T.A.S (AKB2) | €258.94 Billion | 14.82% | 10.52x | $7.48 Billion |
| PT Bank Sinarmas Tbk (08S) | $7.83 Trillion | 0.97% | 5.72x | $340.12 Million |
| Seven Bank Ltd (0S7) | $153.41 Billion | 13.84% | 4.15x | $643.65 Million |
| Aktia Pankki Oyj (2A41) | $741.85 Million | 10.23% | 15.05x | $486.03 Million |
| Bank of Zhengzhou Co. Ltd (3BZ) | $37.86 Billion | 8.08% | 11.31x | $728.69 Million |
| TowneBank (3T8) | $2.06 Billion | 7.48% | 7.19x | $2.11 Billion |
| TISCO Financial Group PCL (47T) | $42.79 Billion | 16.88% | 5.20x | $2.07 Billion |
| Fukuoka Financial Group Inc (4FK) | $929.59 Billion | 7.76% | 33.71x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $6.76 Trillion | 2.00% | 14.75x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $111.94 Billion | 4.13% | 24.43x | $179.31 Million |
| Harbin Bank Co. Ltd (5H6) | $47.49 Billion | 11.68% | 11.96x | $87.27 Million |