Piraeus Bank S.A.
Piraeus Bank S.A. provides various banking products and services in Greece. The company offers saving, current, term, blocked, guaranteed, and other deposits; mortgages, consumer, personal, and other retail loans, as well as credit cards; and corporate lending for large corporations, and small and medium-sized enterprises, as well as for public sectors. It also provides financial advisory service… Read more
Piraeus Bank S.A. (PIRBF) - Net Assets
Latest net assets as of December 2025: $9.38 Billion USD
Based on the latest financial reports, Piraeus Bank S.A. (PIRBF) has net assets worth $9.38 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($90.09 Billion) and total liabilities ($80.71 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 | $9.38 Billion |
| % of Total Assets | 10.41% |
| Annual Growth Rate | 8.32% |
| 5-Year Change | -43.86% |
| 10-Year Change | 14.24% |
| Growth Volatility | 62.01 |
Piraeus Bank S.A. - Net Assets Trend (2005–2025)
This chart illustrates how Piraeus Bank S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Piraeus Bank S.A. (2005–2025)
The table below shows the annual net assets of Piraeus Bank S.A. from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $9.38 Billion | +13.37% |
| 2024-12-31 | $8.27 Billion | -45.87% |
| 2023-12-31 | $15.28 Billion | +29.26% |
| 2022-12-31 | $11.82 Billion | -29.22% |
| 2021-12-31 | $16.71 Billion | +164.75% |
| 2020-12-31 | $6.31 Billion | -1.97% |
| 2019-12-31 | $6.44 Billion | +3.01% |
| 2018-12-31 | $6.25 Billion | -30.66% |
| 2017-12-31 | $9.01 Billion | +9.76% |
| 2016-12-31 | $8.21 Billion | -5.30% |
| 2015-12-31 | $8.67 Billion | -2.16% |
| 2014-12-31 | $8.86 Billion | -24.73% |
| 2013-12-31 | $11.77 Billion | +485.61% |
| 2012-12-31 | $-3.05 Billion | -21.23% |
| 2011-12-31 | $-2.52 Billion | -157.34% |
| 2010-12-31 | $4.39 Billion | -15.30% |
| 2009-12-31 | $5.19 Billion | +23.31% |
| 2008-12-31 | $4.21 Billion | -13.09% |
| 2007-12-31 | $4.84 Billion | +100.25% |
| 2006-12-31 | $2.42 Billion | +27.42% |
| 2005-12-31 | $1.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piraeus Bank S.A.'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 6576934300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $9.30 Billion | 100.00% |
| Total Equity | $9.30 Billion | 100.00% |
Piraeus Bank S.A. Competitors by Market Cap
The table below lists competitors of Piraeus Bank S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TENARIS S.A. DL 1
F:TW10
|
$7.79 Billion |
|
Brixmor Property Group Inc
F:BXR
|
$7.79 Billion |
|
Inner Mongolia BaoTou Steel Union Co Ltd
SHG:600010
|
$7.79 Billion |
|
The Weir Group PLC
PINK:WEIGF
|
$7.80 Billion |
|
UGI Corporation
NYSE:UGI
|
$7.78 Billion |
|
BAWAG Group AG
PINK:BWAGF
|
$7.78 Billion |
|
Doosan
KO:000150
|
$7.78 Billion |
|
Toppan Inc
PINK:TONPF
|
$7.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piraeus Bank S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,885,270,740 to 9,300,000,000, a change of 1,414,729,260 (17.9%).
- Net income of 1,378,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 520,715,660.
- Other factors increased equity by 557,444,920.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.38 Billion | +14.82% |
| Other Comprehensive Income | $-520.72 Million | -5.6% |
| Other Changes | $557.44 Million | +5.99% |
| Total Change | $- | 17.94% |
Book Value vs Market Value Analysis
This analysis compares Piraeus Bank S.A.'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: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $791973.82 | $8.77 | x |
| 2006-12-31 | $873086.61 | $8.77 | x |
| 2007-12-31 | $1577751.91 | $8.77 | x |
| 2008-12-31 | $1330888.35 | $8.77 | x |
| 2009-12-31 | $1601586.57 | $8.77 | x |
| 2010-12-31 | $1427105.28 | $8.77 | x |
| 2011-12-31 | $-554041.18 | $8.77 | x |
| 2012-12-31 | $-617739.52 | $8.77 | x |
| 2013-12-31 | $100856.90 | $8.77 | x |
| 2014-12-31 | $40663.21 | $8.77 | x |
| 2015-12-31 | $1169.33 | $8.77 | x |
| 2016-12-31 | $3027.34 | $8.77 | x |
| 2017-12-31 | $278.91 | $8.77 | x |
| 2018-12-31 | $202.25 | $8.77 | x |
| 2019-12-31 | $111.59 | $8.77 | x |
| 2020-12-31 | $3150.60 | $8.77 | x |
| 2021-12-31 | $6.86 | $8.77 | x |
| 2022-12-31 | $5.24 | $8.77 | x |
| 2023-12-31 | $5.92 | $8.77 | x |
| 2024-12-31 | $6.33 | $8.77 | x |
| 2025-12-31 | $7.52 | $8.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piraeus Bank S.A. 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): 14.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 72.41%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 9.69x
- Recent ROE (14.82%) is above the historical average (2.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 19.14% | 17.86% | 0.06x | 17.08x | $148.54 Million |
| 2006 | 26.89% | 19.61% | 0.07x | 19.14x | $360.03 Million |
| 2007 | 20.19% | 18.03% | 0.07x | 15.06x | $459.00 Million |
| 2008 | 10.96% | 7.06% | 0.08x | 19.08x | $38.19 Million |
| 2009 | 5.82% | 5.83% | 0.06x | 15.66x | $-207.83 Million |
| 2010 | -0.65% | -0.68% | 0.05x | 18.41x | $-447.75 Million |
| 2011 | 0.00% | -218.56% | 0.06x | 0.00x | $-8.32 Billion |
| 2012 | 0.00% | -13.01% | 0.05x | 0.00x | $-337.33 Million |
| 2013 | 30.41% | 61.58% | 0.05x | 10.92x | $2.37 Billion |
| 2014 | -27.25% | -48.14% | 0.05x | 12.38x | $-3.25 Billion |
| 2015 | -24.06% | -54.05% | 0.04x | 11.13x | $-2.91 Billion |
| 2016 | 0.13% | 0.33% | 0.04x | 10.69x | $-793.47 Million |
| 2017 | -2.72% | -7.38% | 0.04x | 9.14x | $-1.13 Billion |
| 2018 | -0.04% | -0.08% | 0.04x | 11.57x | $-613.87 Million |
| 2019 | 4.79% | 11.44% | 0.04x | 10.90x | $-328.78 Million |
| 2020 | -13.15% | -28.44% | 0.03x | 14.17x | $-1.43 Billion |
| 2021 | -58.08% | -127.55% | 0.03x | 15.38x | $-4.01 Billion |
| 2022 | 15.52% | 38.53% | 0.03x | 12.19x | $361.44 Million |
| 2023 | 11.76% | 25.73% | 0.04x | 11.41x | $130.46 Million |
| 2024 | 14.00% | 29.23% | 0.05x | 10.15x | $315.02 Million |
| 2025 | 14.82% | 72.41% | 0.02x | 9.69x | $448.00 Million |
Industry Comparison
This section compares Piraeus Bank S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piraeus Bank S.A. (PIRBF) | $9.38 Billion | 19.14% | 8.61x | $7.78 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |