Føroya Banki
Føroya Banki, together with its subsidiaries, provides personal and corporate banking services in the Faroe Islands and Greenland. It operates in Banking and Non-Life Insurance segments. The company provides non-life insurance products, such as property and casualty insurance; life, disability, and critical illness insurance; and real estate agency services. The company was formerly known as P/F … Read more
Føroya Banki (BNW) - Net Assets
Latest net assets as of June 2025: €1.88 Billion EUR
Based on the latest financial reports, Føroya Banki (BNW) has net assets worth €1.88 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 (€14.64 Billion) and total liabilities (€12.76 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 | €1.88 Billion |
| % of Total Assets | 12.85% |
| Annual Growth Rate | -1.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.62 |
Føroya Banki - Net Assets Trend (2021–2024)
This chart illustrates how Føroya Banki's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Føroya Banki (2021–2024)
The table below shows the annual net assets of Føroya Banki from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.08 Billion | +3.69% |
| 2023-12-31 | €2.00 Billion | +2.66% |
| 2022-12-31 | €1.95 Billion | -10.83% |
| 2021-12-31 | €2.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Føroya Banki'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 5.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.53 Billion | 73.57% |
| Other Components | €548.72 Million | 26.43% |
| Total Equity | €2.08 Billion | 100.00% |
Føroya Banki Competitors by Market Cap
The table below lists competitors of Føroya Banki ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Devonian Health Group Inc.
OTCQB:DVHGF
|
$347.02K |
|
Oceanpal Inc
NASDAQ:OP
|
$347.23K |
|
H&K AG
PA:MLHK
|
$347.38K |
|
Global X Silver Miners UCITS ETF USD Acc
F:SLVR
|
$347.45K |
|
EXLSERVICE HLDG
BE:LHV
|
$346.58K |
|
First National Energy Corp
PINK:FNEC
|
$346.57K |
|
2G ENERGY
BE:2GB
|
$346.39K |
|
Metlen Energy & Metals PLC
LSE:MTLN
|
$346.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Føroya Banki's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,002,142,000 to 2,076,037,000, a change of 73,895,000 (3.7%).
- Net income of 310,427,000 contributed positively to equity growth.
- Dividend payments of 80,000,000 reduced retained earnings.
- Other factors decreased equity by 156,532,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €310.43 Million | +14.95% |
| Dividends Paid | €80.00 Million | -3.85% |
| Other Changes | €-156.53 Million | -7.54% |
| Total Change | €- | 3.69% |
Book Value vs Market Value Analysis
This analysis compares Føroya Banki'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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €228.50 | €34.90 | x |
| 2022-12-31 | €203.72 | €34.90 | x |
| 2023-12-31 | €209.12 | €34.90 | x |
| 2024-12-31 | €216.84 | €34.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Føroya Banki 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): 14.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.87%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.99x
- Recent ROE (14.95%) is above the historical average (12.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 12.45% | 53.60% | 0.04x | 5.39x | €53.64 Million |
| 2022 | 8.43% | 42.72% | 0.03x | 6.24x | €-30.61 Million |
| 2023 | 15.36% | 49.85% | 0.05x | 6.47x | €107.32 Million |
| 2024 | 14.95% | 48.87% | 0.04x | 6.99x | €102.82 Million |
Industry Comparison
This section compares Føroya Banki's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,608,847,253,600
- Average return on equity (ROE) among peers: 8.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Føroya Banki (BNW) | €1.88 Billion | 12.45% | 6.78x | $346.60K |
| PT Bank Sinarmas Tbk (08S) | $8.60 Trillion | 3.38% | 5.47x | $315.82 Million |
| Seven Bank Ltd (0S7) | $275.85 Billion | 11.59% | 5.23x | $692.82 Million |
| Aktia Pankki Oyj (2A41) | $705.60 Million | 1.46% | 15.98x | $486.03 Million |
| Manx Financial Group PLC (3IM) | $22.43 Million | 8.62% | 10.94x | $13.43 Million |
| TowneBank (3T8) | $1.65 Billion | 8.39% | 6.22x | $2.09 Billion |
| TISCO Financial Group PCL (47T) | $39.46 Billion | 15.37% | 5.98x | $2.19 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $33.33 Billion | 8.77% | 14.67x | $845.63 Million |
| Fukuoka Financial Group Inc (4FK) | $784.69 Billion | 5.70% | 19.91x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $6.24 Trillion | 15.16% | 10.12x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $109.23 Billion | 3.21% | 28.89x | $182.79 Million |