Akbank TAS (AKBNK) - Net Assets
Based on the latest financial reports, Akbank TAS (AKBNK) has net assets worth TL258.94 Billion TRY (≈ $5.80 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 (TL2.98 Trillion ≈ $66.83 Billion USD) and total liabilities (TL2.73 Trillion ≈ $61.04 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. Check financial resilience of Akbank TAS to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL258.94 Billion |
| % of Total Assets | 8.68% |
| Annual Growth Rate | -31.66% |
| 5-Year Change | 282.02% |
| 10-Year Change | 758.06% |
| Growth Volatility | 34.68 |
Akbank TAS - Net Assets Trend (2000–2024)
This chart illustrates how Akbank TAS's net assets have evolved over time, based on quarterly financial data. Also explore AKBNK total asset value for the complete picture of this company's asset base.
Annual Net Assets for Akbank TAS (2000–2024)
The table below shows the annual net assets of Akbank TAS from 2000 to 2024. For live valuation and market cap data, see how much is Akbank TAS worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL240.38 Billion ≈ $5.38 Billion |
+13.81% |
| 2023-12-31 | TL211.22 Billion ≈ $4.73 Billion |
+37.51% |
| 2022-12-31 | TL153.61 Billion ≈ $3.44 Billion |
+102.22% |
| 2021-12-31 | TL75.96 Billion ≈ $1.70 Billion |
+20.72% |
| 2020-12-31 | TL62.92 Billion ≈ $1.41 Billion |
+15.75% |
| 2019-12-31 | TL54.36 Billion ≈ $1.22 Billion |
+24.15% |
| 2018-12-31 | TL43.79 Billion ≈ $980.72 Million |
+7.81% |
| 2017-12-31 | TL40.61 Billion ≈ $909.64 Million |
+24.99% |
| 2016-12-31 | TL32.49 Billion ≈ $727.74 Million |
+15.98% |
| 2015-12-31 | TL28.01 Billion ≈ $627.46 Million |
+7.17% |
| 2014-12-31 | TL26.14 Billion ≈ $585.47 Million |
+18.09% |
| 2013-12-31 | TL22.13 Billion ≈ $495.77 Million |
-1.52% |
| 2012-12-31 | TL22.48 Billion ≈ $503.40 Million |
+22.86% |
| 2011-12-31 | TL18.29 Billion ≈ $409.74 Million |
+1.93% |
| 2010-12-31 | TL17.95 Billion ≈ $401.98 Million |
+24.23% |
| 2009-12-31 | TL14.45 Billion ≈ $323.58 Million |
+27.51% |
| 2008-12-31 | TL11.33 Billion ≈ $253.78 Million |
+6.57% |
| 2007-12-31 | TL10.63 Billion ≈ $238.14 Million |
+47.99% |
| 2006-12-31 | TL7.18 Billion ≈ $160.92 Million |
+10.50% |
| 2005-12-31 | TL6.50 Billion ≈ $145.62 Million |
-100.00% |
| 2004-12-31 | TL6199.56 Trillion ≈ $138.85 Trillion |
+24.88% |
| 2003-12-31 | TL4964.22 Trillion ≈ $111.19 Trillion |
+58.62% |
| 2002-12-31 | TL3129.55 Trillion ≈ $70.09 Trillion |
+67.26% |
| 2001-12-31 | TL1871.11 Trillion ≈ $41.91 Trillion |
-16.02% |
| 2000-12-31 | TL2228.17 Trillion ≈ $49.91 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Akbank TAS'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 4254421100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL42.54 Billion | 17.70% |
| Other Components | TL197.83 Billion | 82.30% |
| Total Equity | TL240.37 Billion | 100.00% |
Akbank TAS Competitors by Market Cap
The table below lists competitors of Akbank TAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ryder System Inc
NYSE:R
|
$8.53 Billion |
|
Zhejiang Huafon Spandex Co Ltd
SHE:002064
|
$8.54 Billion |
|
Albertsons Companies
NYSE:ACI
|
$8.54 Billion |
|
Moog Inc
NYSE:MOG-A
|
$8.54 Billion |
|
NEW ORIENTAL EDU.+TECH.G.
F:N1U0
|
$8.52 Billion |
|
KAWASAKI KISEN K. ADR/1/2
F:KLI
|
$8.52 Billion |
|
ENN Energy Holdings Limited
F:XGH
|
$8.52 Billion |
|
LS Corp
KO:006260
|
$8.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akbank TAS'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 | TL42.37 Billion | +17.63% |
| Dividends Paid | TL9.97 Billion | -4.15% |
| Other Changes | TL-3.24 Billion | -1.35% |
| Total Change | TL- | 13.80% |
Book Value vs Market Value Analysis
This analysis compares Akbank TAS'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: 1.58x
- 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 8.41x to 1.58x 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 | TL8.71 | TL73.20 | x |
| 2018-12-31 | TL9.39 | TL73.20 | x |
| 2019-12-31 | TL10.45 | TL73.20 | x |
| 2020-12-31 | TL12.10 | TL73.20 | x |
| 2021-12-31 | TL14.61 | TL73.20 | x |
| 2022-12-31 | TL29.54 | TL73.20 | x |
| 2023-12-31 | TL40.62 | TL73.20 | x |
| 2024-12-31 | TL46.23 | TL73.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akbank TAS 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 above the historical average (17.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 19.49% | 12.64% | 0.19x | 7.94x | TL297.05 Trillion |
| 2003 | 27.24% | 23.68% | 0.19x | 5.90x | TL855.70 Trillion |
| 2004 | 14.82% | 16.64% | 0.16x | 5.71x | TL298.70 Trillion |
| 2006 | 22.37% | 23.98% | 0.11x | 8.52x | TL876.29 Million |
| 2007 | 19.19% | 24.26% | 0.12x | 6.78x | TL977.44 Million |
| 2008 | 16.05% | 17.20% | 0.11x | 8.22x | TL685.93 Million |
| 2009 | 18.85% | 26.37% | 0.10x | 7.12x | TL1.28 Billion |
| 2010 | 16.78% | 29.84% | 0.08x | 6.69x | TL1.22 Billion |
| 2011 | 14.15% | 24.35% | 0.08x | 7.62x | TL758.44 Million |
| 2012 | 13.37% | 24.30% | 0.08x | 7.27x | TL757.34 Million |
| 2013 | 13.90% | 19.28% | 0.08x | 8.83x | TL863.69 Million |
| 2014 | 12.93% | 19.68% | 0.08x | 8.37x | TL764.64 Million |
| 2015 | 11.53% | 37.83% | 0.03x | 9.01x | TL427.88 Million |
| 2016 | 14.94% | 38.12% | 0.04x | 9.06x | TL1.60 Billion |
| 2017 | 14.82% | 40.20% | 0.04x | 8.41x | TL1.96 Billion |
| 2018 | 13.04% | 28.98% | 0.06x | 8.10x | TL1.33 Billion |
| 2019 | 9.85% | 24.76% | 0.06x | 7.12x | TL-83.90 Million |
| 2020 | 9.95% | 24.10% | 0.05x | 7.60x | TL-32.76 Million |
| 2021 | 15.97% | 30.69% | 0.05x | 10.04x | TL4.53 Billion |
| 2022 | 39.08% | 53.70% | 0.10x | 7.47x | TL44.67 Billion |
| 2023 | 31.48% | 44.20% | 0.08x | 9.02x | TL45.37 Billion |
| 2024 | 17.63% | 26.44% | 0.06x | 11.04x | TL18.33 Billion |
Industry Comparison
This section compares Akbank TAS's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $11,576,500,778
- Average return on equity (ROE) among peers: 15.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akbank TAS (AKBNK) | TL258.94 Billion | 19.49% | 10.52x | $8.53 Billion |
| Albaraka Turk Katilim Bankasi AS (ALBRK) | $2.10 Billion | 14.35% | 13.08x | $470.91 Million |
| Turkiye Garanti Bankasi A.S. (GARAN) | $7.25 Billion | 33.47% | 9.39x | $12.59 Billion |
| Turkiye Halk Bankasi (HALKB) | $25.53 Billion | 15.82% | 11.23x | $6.09 Billion |
| ICBC Turkey Bank AS (ICBCT) | $601.63 Million | 0.04% | 10.04x | $323.98 Million |
| Turkiye Is Bankasi AS Class C (ISCTR) | $8.63 Billion | 8.62% | 4.12x | $8.03 Billion |
| Turkiye Kalkinma Bankasi AS (KLNMA) | $3.59 Billion | 13.99% | 6.82x | $2.13 Billion |
| Qnb Finansbank AS (QNBTR) | $44.28 Billion | 38.90% | 13.03x | $30.43 Billion |
| Haci Omer Sabanci Holding AS (SAHOL) | $10.88 Billion | 6.25% | 2.98x | $4.43 Billion |
| Sekerbank TAS (SKBNK) | $1.33 Billion | 9.79% | 7.69x | $687.04 Million |
About Akbank TAS
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