Arion banki hf (ARION) - Net Assets

Latest as of June 2025: Ikr204.19 Billion ISK ≈ $1.66 Billion USD

Based on the latest financial reports, Arion banki hf (ARION) has net assets worth Ikr204.19 Billion ISK (≈ $1.66 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr1.71 Trillion ≈ $13.97 Billion USD) and total liabilities (Ikr1.51 Trillion ≈ $12.30 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. Read Arion banki hf total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Ikr204.19 Billion
% of Total Assets	11.92%
Annual Growth Rate	0.28%
5-Year Change	4.67%
10-Year Change	N/A
Growth Volatility	5.75

Arion banki hf - Net Assets Trend (2015–2024)

This chart illustrates how Arion banki hf's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Arion banki hf for the complete picture of this company's asset base.

Annual Net Assets for Arion banki hf (2015–2024)

The table below shows the annual net assets of Arion banki hf from 2015 to 2024. For live valuation and market cap data, see how much is Arion banki hf worth.

Year	Net Assets	Change
2024-12-31	Ikr207.09 Billion ≈ $1.69 Billion	+3.91%
2023-12-31	Ikr199.30 Billion ≈ $1.62 Billion	+5.82%
2022-12-31	Ikr188.33 Billion ≈ $1.54 Billion	-3.22%
2021-12-31	Ikr194.60 Billion ≈ $1.59 Billion	-1.64%
2020-12-31	Ikr197.84 Billion ≈ $1.61 Billion	+4.22%
2019-12-31	Ikr189.82 Billion ≈ $1.55 Billion	-5.49%
2018-12-31	Ikr200.86 Billion ≈ $1.64 Billion	-11.02%
2017-12-31	Ikr225.73 Billion ≈ $1.84 Billion	+6.79%
2016-12-31	Ikr211.38 Billion ≈ $1.72 Billion	+4.70%
2015-12-31	Ikr201.89 Billion ≈ $1.65 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Arion banki hf'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 64.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Ikr186.95 Billion	90.50%
Other Components	Ikr19.64 Billion	9.50%
Total Equity	Ikr206.58 Billion	100.00%

Arion banki hf Competitors by Market Cap

The table below lists competitors of Arion banki hf ranked by their market capitalization.

Company	Market Cap
Forvia SE PA:FRVIA	$2.16 Billion
Shanghai Hanbell Precise Machinery Co Ltd SHE:002158	$2.16 Billion
Affle (India) Limited NSE:AFFLE	$2.16 Billion
Anhui Anke BioTech Group SHE:300009	$2.16 Billion
Qingdao Huicheng Environmental Co Ltd SHE:300779	$2.16 Billion
AQ Group AB ST:AQ	$2.16 Billion
Embotelladora Andina S.A F:AKOB	$2.16 Billion
EIH Limited NSE:EIHOTEL	$2.16 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Arion banki hf's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 198,798,000,000 to 206,582,000,000, a change of 7,784,000,000 (3.9%).
Net income of 26,111,000,000 contributed positively to equity growth.
Dividend payments of 13,058,000,000 reduced retained earnings.
Share repurchases of 12,452,000,000 reduced equity.
New share issuances of 6,482,000,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Ikr26.11 Billion	+12.64%
Dividends Paid	Ikr13.06 Billion	-6.32%
Share Repurchases	Ikr12.45 Billion	-6.03%
Share Issuances	Ikr6.48 Billion	+3.14%
Other Changes	Ikr701.00 Million	+0.34%
Total Change	Ikr-	3.92%

Book Value vs Market Value Analysis

This analysis compares Arion banki hf'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: 1.31x
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 1.70x to 1.31x 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	Ikr112.80	Ikr191.50	x
2018-12-31	Ikr110.66	Ikr191.50	x
2019-12-31	Ikr106.96	Ikr191.50	x
2020-12-31	Ikr114.99	Ikr191.50	x
2021-12-31	Ikr127.73	Ikr191.50	x
2022-12-31	Ikr128.15	Ikr191.50	x
2023-12-31	Ikr137.45	Ikr191.50	x
2024-12-31	Ikr146.23	Ikr191.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Arion banki hf 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): 12.64%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 39.20%
• Asset Turnover: 0.04x
• Equity Multiplier: 7.83x
Recent ROE (12.64%) is above the historical average (10.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	21.77%	50.75%	0.08x	5.24x	Ikr22.69 Billion
2016	10.01%	39.43%	0.05x	4.91x	Ikr25.80 Million
2017	6.38%	26.52%	0.05x	5.09x	Ikr-8.16 Billion
2018	3.55%	15.42%	0.04x	5.80x	Ikr-12.96 Billion
2019	0.58%	2.30%	0.04x	5.70x	Ikr-17.87 Billion
2020	6.31%	24.25%	0.04x	5.93x	Ikr-7.29 Billion
2021	14.75%	49.15%	0.04x	6.78x	Ikr9.21 Billion
2022	13.55%	45.27%	0.04x	7.83x	Ikr6.67 Billion
2023	12.96%	40.03%	0.04x	7.67x	Ikr5.88 Billion
2024	12.64%	39.20%	0.04x	7.83x	Ikr5.45 Billion

Industry Comparison

This section compares Arion banki hf's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $142,450,232,500
Average return on equity (ROE) among peers: 8.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Arion banki hf (ARION)	Ikr204.19 Billion	21.77%	7.39x	$2.16 Billion
Íslandsbanki hf. (ISB)	$203.71 Billion	11.65%	6.01x	$2.08 Billion
Kvika banki hf (KVIKA)	$81.19 Billion	6.01%	2.73x	$558.16 Million

About Arion banki hf

IC:ARION Iceland Banks - Regional

Market Cap

$2.16 Billion

Ikr264.89 Billion ISK

Market Cap Rank

#5977 Global

#1 in Iceland

Share Price

Ikr191.50

Change (1 day)

+0.26%

52-Week Range

Ikr153.00 - Ikr205.00

All Time High

Ikr205.00