Sekerbank TAS (SKBNK) - Net Assets

Latest as of December 2025: TL21.77 Billion TRY ≈ $487.56 Million USD

Based on the latest financial reports, Sekerbank TAS (SKBNK) has net assets worth TL21.77 Billion TRY (≈ $487.56 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL222.66 Billion ≈ $4.99 Billion USD) and total liabilities (TL200.89 Billion ≈ $4.50 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 Sekerbank TAS tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL21.77 Billion
% of Total Assets	9.78%
Annual Growth Rate	-31.02%
5-Year Change	546.69%
10-Year Change	732.88%
Growth Volatility	42.14

Sekerbank TAS - Net Assets Trend (2002–2025)

This chart illustrates how Sekerbank TAS's net assets have evolved over time, based on quarterly financial data. See Sekerbank TAS defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sekerbank TAS (2002–2025)

The table below shows the annual net assets of Sekerbank TAS from 2002 to 2025. For live valuation and market cap data, see SKBNK market cap.

Year	Net Assets	Change
2025-12-31	TL21.77 Billion ≈ $487.56 Million	+19.75%
2024-12-31	TL18.18 Billion ≈ $407.16 Million	+42.77%
2023-12-31	TL12.73 Billion ≈ $285.18 Million	+86.22%
2022-12-31	TL6.84 Billion ≈ $153.14 Million	+103.13%
2021-12-31	TL3.37 Billion ≈ $75.39 Million	+21.75%
2020-12-31	TL2.76 Billion ≈ $61.92 Million	+41.01%
2019-12-31	TL1.96 Billion ≈ $43.92 Million	-20.06%
2018-12-31	TL2.45 Billion ≈ $54.94 Million	-12.10%
2017-12-31	TL2.79 Billion ≈ $62.50 Million	+6.77%
2016-12-31	TL2.61 Billion ≈ $58.54 Million	-0.03%
2015-12-31	TL2.61 Billion ≈ $58.56 Million	+5.50%
2014-12-31	TL2.48 Billion ≈ $55.50 Million	+17.01%
2013-12-31	TL2.12 Billion ≈ $47.43 Million	+12.99%
2012-12-31	TL1.87 Billion ≈ $41.98 Million	+26.83%
2011-12-31	TL1.48 Billion ≈ $33.10 Million	+11.13%
2010-12-31	TL1.33 Billion ≈ $29.79 Million	+9.77%
2009-12-31	TL1.21 Billion ≈ $27.13 Million	+22.01%
2008-12-31	TL992.97 Million ≈ $22.24 Million	+15.30%
2007-12-31	TL861.23 Million ≈ $19.29 Million	+104.63%
2006-12-31	TL420.87 Million ≈ $9.43 Million	+22.71%
2005-12-31	TL342.99 Million ≈ $7.68 Million	-100.00%
2004-12-31	TL296.53 Trillion ≈ $6.64 Trillion	+59.76%
2003-12-31	TL185.61 Trillion ≈ $4.16 Trillion	+66.43%
2002-12-31	TL111.52 Trillion ≈ $2.50 Trillion	--

Equity Component Analysis

This analysis shows how different components contribute to Sekerbank 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 361627600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	TL3.62 Billion	18.68%
Other Components	TL15.74 Billion	81.32%
Total Equity	TL19.36 Billion	100.00%

Sekerbank TAS Competitors by Market Cap

The table below lists competitors of Sekerbank TAS ranked by their market capitalization.

Company	Market Cap
Myers Industries Inc NYSE:MYE	$862.32 Million
ADITYA VISION LTD NSE:AVL	$862.32 Million
Hang Xiao Steel Structure Co Ltd SHG:600477	$862.98 Million
Lenzing Aktiengesellschaft VI:LNZ	$863.12 Million
Coretronic TWO:5371	$862.26 Million
HeBei Jinniu Chemical Industry Co Ltd SHG:600722	$862.12 Million
Companhia de Saneamento do Paraná - SANEPAR SA:SAPR3	$861.90 Million
Yunding Technology Co Ltd SHE:000409	$861.84 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 15,988,420,000 to 19,361,143,000, a change of 3,372,723,000 (21.1%).
Net income of 2,698,563,000 contributed positively to equity growth.
Dividend payments of 124,650,000 reduced retained earnings.
New share issuances of 8,301,360,000 increased equity.
Other factors decreased equity by 7,502,550,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	TL2.70 Billion	+13.94%
Dividends Paid	TL124.65 Million	-0.64%
Share Issuances	TL8.30 Billion	+42.88%
Other Changes	TL-7.50 Billion	-38.75%
Total Change	TL-	21.09%

Book Value vs Market Value Analysis

This analysis compares Sekerbank 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: 1.99x
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 7.78x to 1.99x 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	TL1.98	TL15.40	x
2018-12-31	TL1.74	TL15.40	x
2019-12-31	TL1.39	TL15.40	x
2020-12-31	TL1.46	TL15.40	x
2021-12-31	TL1.76	TL15.40	x
2022-12-31	TL3.30	TL15.40	x
2023-12-31	TL4.80	TL15.40	x
2024-12-31	TL6.40	TL15.40	x
2025-12-31	TL7.74	TL15.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sekerbank 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): 13.94%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.67%
• Asset Turnover: 0.07x
• Equity Multiplier: 11.50x
Recent ROE (13.94%) is above the historical average (11.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	41.58%	12.14%	0.23x	14.59x	TL57.67 Trillion
2004	26.93%	14.08%	0.17x	11.10x	TL49.55 Trillion
2005	4.26%	3.13%	0.14x	9.79x	TL-19.34 Million
2006	10.91%	8.42%	0.13x	10.07x	TL3.80 Million
2007	14.97%	15.75%	0.13x	7.43x	TL42.29 Million
2008	14.89%	11.54%	0.15x	8.48x	TL47.86 Million
2009	12.67%	11.02%	0.15x	7.66x	TL31.83 Million
2010	10.07%	9.90%	0.11x	8.94x	TL896.80K
2011	14.03%	12.08%	0.11x	10.23x	TL58.00 Million
2012	13.63%	12.64%	0.13x	8.29x	TL66.54 Million
2013	10.55%	9.92%	0.11x	9.47x	TL11.42 Million
2014	9.98%	9.48%	0.12x	9.14x	TL-510.10K
2015	3.72%	9.60%	0.04x	9.99x	TL-161.47 Million
2016	4.80%	8.65%	0.06x	9.79x	TL-133.55 Million
2017	4.13%	7.65%	0.04x	12.05x	TL-161.31 Million
2018	3.71%	4.93%	0.06x	13.66x	TL-151.85 Million
2019	-39.71%	-50.41%	0.05x	16.57x	TL-961.21 Million
2020	7.11%	9.42%	0.05x	14.52x	TL-78.78 Million
2021	12.64%	15.68%	0.05x	16.48x	TL86.70 Million
2022	30.11%	28.07%	0.10x	11.25x	TL1.23 Billion
2023	26.65%	31.14%	0.11x	8.14x	TL1.86 Billion
2024	18.13%	24.10%	0.09x	8.12x	TL1.30 Billion
2025	13.94%	16.67%	0.07x	11.50x	TL762.45 Million

Industry Comparison

This section compares Sekerbank TAS's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $45,561,430,444
Average return on equity (ROE) among peers: 18.35%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sekerbank TAS (SKBNK)	TL21.77 Billion	41.58%	9.23x	$862.30 Million
Akbank TAS (AKBNK)	$153.61 Billion	39.08%	6.47x	$9.45 Billion
Albaraka Turk Katilim Bankasi AS (ALBRK)	$1.00 Billion	15.95%	9.42x	$491.62 Million
Turkiye Garanti Bankasi A.S. (GARAN)	$31.20 Billion	11.48%	7.96x	$13.55 Billion
Turkiye Halk Bankasi (HALKB)	$5.78 Billion	28.82%	9.52x	$7.90 Billion
ICBC Turkey Bank AS (ICBCT)	$1.63 Billion	11.52%	23.23x	$400.64 Million
Turkiye Is Bankasi AS Class C (ISCTR)	$11.99 Billion	13.25%	8.27x	$8.66 Billion
Turkiye Kalkinma Bankasi AS (KLNMA)	$1.42 Billion	11.31%	10.09x	$2.04 Billion
Qnb Finansbank AS (QNBTR)	$172.92 Billion	27.65%	10.05x	$26.93 Billion
Haci Omer Sabanci Holding AS (SAHOL)	$30.51 Billion	6.06%	4.75x	$4.75 Billion

About Sekerbank TAS

IS:SKBNK Turkey Banks - Regional

Market Cap

$862.30 Million

TL38.50 Billion TRY

Market Cap Rank

#9734 Global

#87 in Turkey

Share Price

TL15.40

Change (1 day)

+6.21%

52-Week Range

TL5.12 - TL15.40

All Time High

TL15.40