Standard Bank Group Ltd (SBK) - Net Assets

Latest as of June 2025: ZAC302.86 Billion ZAC ≈ $160.95 Million USD

Based on the latest financial reports, Standard Bank Group Ltd (SBK) has net assets worth ZAC302.86 Billion ZAC (≈ $160.95 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC3.41 Trillion ≈ $1.81 Billion USD) and total liabilities (ZAC3.11 Trillion ≈ $1.65 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 how resilient are Standard Bank Group Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC302.86 Billion
% of Total Assets 8.88%
Annual Growth Rate 10.95%
5-Year Change 35.95%
10-Year Change 63.58%
Growth Volatility 11.55

Standard Bank Group Ltd - Net Assets Trend (2002–2024)

This chart illustrates how Standard Bank Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SBK total assets for the complete picture of this company's asset base.

Annual Net Assets for Standard Bank Group Ltd (2002–2024)

The table below shows the annual net assets of Standard Bank Group Ltd from 2002 to 2024. For live valuation and market cap data, see Standard Bank Group Ltd (SBK) total market value.

Year Net Assets Change
2024-12-31 ZAC292.66 Billion
≈ $155.53 Million		 +5.68%
2023-12-31 ZAC276.92 Billion
≈ $147.17 Million		 +6.97%
2022-12-31 ZAC258.87 Billion
≈ $137.57 Million		 +6.60%
2021-12-31 ZAC242.85 Billion
≈ $129.06 Million		 +12.81%
2020-12-31 ZAC215.27 Billion
≈ $114.41 Million		 +2.76%
2019-12-31 ZAC209.48 Billion
≈ $111.33 Million		 +5.24%
2018-12-31 ZAC199.06 Billion
≈ $105.79 Million		 +4.76%
2017-12-31 ZAC190.02 Billion
≈ $100.98 Million		 +5.94%
2016-12-31 ZAC179.36 Billion
≈ $95.32 Million		 +0.25%
2015-12-31 ZAC178.91 Billion
≈ $95.08 Million		 +10.69%
2014-12-31 ZAC161.63 Billion
≈ $85.90 Million		 +5.89%
2013-12-31 ZAC152.65 Billion
≈ $81.12 Million		 +16.62%
2012-12-31 ZAC130.89 Billion
≈ $69.56 Million		 -2.14%
2011-12-31 ZAC133.75 Billion
≈ $71.08 Million		 +29.61%
2010-12-31 ZAC103.20 Billion
≈ $54.84 Million		 +3.85%
2009-12-31 ZAC99.37 Billion
≈ $52.81 Million		 -0.13%
2008-12-31 ZAC99.50 Billion
≈ $52.88 Million		 +45.24%
2007-12-31 ZAC68.51 Billion
≈ $36.41 Million		 +25.22%
2006-12-31 ZAC54.71 Billion
≈ $29.07 Million		 +31.22%
2005-12-31 ZAC41.69 Billion
≈ $22.16 Million		 +8.20%
2004-12-31 ZAC38.53 Billion
≈ $20.48 Million		 +9.82%
2003-12-31 ZAC35.09 Billion
≈ $18.65 Million		 +17.83%
2002-12-31 ZAC29.78 Billion
≈ $15.83 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Standard Bank Group Ltd'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 22989600000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ZAC229.90 Billion 83.79%
Common Stock ZAC166.00 Million 0.06%
Other Components ZAC44.32 Billion 16.15%
Total Equity ZAC274.38 Billion 100.00%

Standard Bank Group Ltd Competitors by Market Cap

The table below lists competitors of Standard Bank Group Ltd ranked by their market capitalization.

Company Market Cap
DCI Indonesia Tbk PT
JK:DCII
 $27.69 Billion
CenterPoint Energy Inc
NYSE:CNP
 $27.76 Billion
SHINHAN FINL ADR/1 SW5000
F:KSF1
 $27.77 Billion
PPL Corporation
NYSE:PPL
 $27.79 Billion
Ryanair Holdings plc
IR:RYA
 $27.57 Billion
Hexagon AB (publ)
ST:HEXA-B
 $27.49 Billion
Sampo A SDB
ST:SAMPO-SDB
 $27.48 Billion
Amrize Ltd
NYSE:AMRZ
 $27.46 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Standard Bank Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 260,612,000,000 to 274,380,000,000, a change of 13,768,000,000 (5.3%).
  • Net income of 45,818,000,000 contributed positively to equity growth.
  • Dividend payments of 28,932,000,000 reduced retained earnings.
  • Share repurchases of 3,971,000,000 reduced equity.
  • New share issuances of 74,000,000 increased equity.
  • Other comprehensive income decreased equity by 630,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ZAC45.82 Billion +16.7%
Dividends Paid ZAC28.93 Billion -10.54%
Share Repurchases ZAC3.97 Billion -1.45%
Share Issuances ZAC74.00 Million +0.03%
Other Comprehensive Income ZAC-630.00 Million -0.23%
Other Changes ZAC1.41 Billion +0.51%
Total Change ZAC- 5.28%

Book Value vs Market Value Analysis

This analysis compares Standard Bank Group Ltd'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: 195.10x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 1814.26x to 195.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 ZAC17.67 ZAC32049.00 x
2003-12-31 ZAC19.43 ZAC32049.00 x
2004-12-31 ZAC23.83 ZAC32049.00 x
2005-12-31 ZAC28.48 ZAC32049.00 x
2006-12-31 ZAC38.07 ZAC32049.00 x
2007-12-31 ZAC45.26 ZAC32049.00 x
2008-12-31 ZAC60.40 ZAC32049.00 x
2009-12-31 ZAC59.25 ZAC32049.00 x
2010-12-31 ZAC59.80 ZAC32049.00 x
2011-12-31 ZAC67.13 ZAC32049.00 x
2012-12-31 ZAC74.11 ZAC32049.00 x
2013-12-31 ZAC83.67 ZAC32049.00 x
2014-12-31 ZAC88.12 ZAC32049.00 x
2015-12-31 ZAC97.16 ZAC32049.00 x
2016-12-31 ZAC96.49 ZAC32049.00 x
2017-12-31 ZAC102.39 ZAC32049.00 x
2018-12-31 ZAC108.15 ZAC32049.00 x
2019-12-31 ZAC113.50 ZAC32049.00 x
2020-12-31 ZAC118.42 ZAC32049.00 x
2021-12-31 ZAC134.39 ZAC32049.00 x
2022-12-31 ZAC143.03 ZAC32049.00 x
2023-12-31 ZAC155.32 ZAC32049.00 x
2024-12-31 ZAC164.27 ZAC32049.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Standard Bank Group Ltd 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): 16.70%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.18%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 11.92x
  • Recent ROE (16.70%) is below the historical average (17.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 23.38% 27.78% 0.05x 16.54x ZAC3.18 Billion
2003 28.13% 33.00% 0.04x 20.58x ZAC4.76 Billion
2004 28.30% 10.99% 0.13x 19.35x ZAC5.87 Billion
2005 25.88% 14.07% 0.09x 21.32x ZAC5.70 Billion
2006 25.62% 16.46% 0.08x 19.83x ZAC7.63 Billion
2007 28.01% 13.46% 0.10x 19.98x ZAC10.65 Billion
2008 16.54% 9.33% 0.11x 16.61x ZAC5.72 Billion
2009 12.94% 10.90% 0.08x 14.44x ZAC2.63 Billion
2010 12.06% 8.60% 0.10x 14.39x ZAC1.90 Billion
2011 12.98% 12.64% 0.07x 14.43x ZAC3.12 Billion
2012 14.06% 9.07% 0.12x 13.38x ZAC4.74 Billion
2013 12.31% 8.50% 0.12x 12.58x ZAC3.11 Billion
2014 12.82% 17.35% 0.06x 13.35x ZAC4.01 Billion
2015 15.41% 20.96% 0.06x 12.67x ZAC8.47 Billion
2016 14.47% 18.64% 0.06x 12.49x ZAC6.99 Billion
2017 16.16% 24.50% 0.05x 12.21x ZAC10.22 Billion
2018 16.19% 25.48% 0.05x 12.22x ZAC10.78 Billion
2019 14.44% 22.35% 0.05x 12.49x ZAC8.09 Billion
2020 6.97% 11.88% 0.04x 13.41x ZAC-5.73 Billion
2021 11.96% 19.39% 0.05x 12.69x ZAC4.20 Billion
2022 14.82% 22.54% 0.05x 12.12x ZAC11.46 Billion
2023 17.64% 28.49% 0.05x 11.76x ZAC19.91 Billion
2024 16.70% 24.18% 0.06x 11.92x ZAC18.38 Billion

Industry Comparison

This section compares Standard Bank Group Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $46,292,832,333
  • Average return on equity (ROE) among peers: 15.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Standard Bank Group Ltd (SBK) ZAC302.86 Billion 23.38% 10.27x $27.58 Billion
Absa Group Ltd (ABG) $62.15 Billion 13.06% 10.53x $10.27 Billion
ABSA Bank Limited (ABSP) $57.26 Billion 15.25% 12.84x $4.29 Billion
Capitec Bank Holdings Ltd (CPI) $18.89 Billion 23.67% 3.50x $26.62 Billion
Investec Ltd (INL) $1.82 Billion 18.69% 13.45x $1.84 Billion
Nedbank Group Ltd (NED) $115.90 Billion 13.17% 9.81x $6.61 Billion
RMB Holdings Ltd (RMH) $21.74 Billion 11.43% 0.31x $34.71 Million

About Standard Bank Group Ltd

JSE:SBK South Africa Banks - Regional
Market Cap
$27.58 Billion
ZAC51.89 Trillion ZAC
Market Cap Rank
#944 Global
#6 in South Africa
Share Price
ZAC32049.00
Change (1 day)
+1.40%
52-Week Range
ZAC21992.00 - ZAC32941.00
All Time High
ZAC32941.00
Categories
Companies in South Africa Banks - Regional Banking & Financial
About

Standard Bank Group Limited provides financial products and services in South Africa and internationally. It offers a range of onshore and offshore savings and investment; home and personal loans; forex solutions; transactional banking, including digital wallets, cards, payment and transfer platforms; private and digital banking; forex solutions; vehicle and asset finance; credit cards; and insur… Read more