mBank S.A.
mBank S.A. provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally. The company provides retail, SME, corporate, and investment banking services. It offers banking services, such as personal, savings, currency, investment, and business accounts, as well as various deposits. It also provides debit and credit cards; cash, car, secured, and corpor… Read more
mBank S.A. (MBAKF) - Net Assets
Latest net assets as of December 2025: $21.41 Billion USD
Based on the latest financial reports, mBank S.A. (MBAKF) has net assets worth $21.41 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 ($280.25 Billion) and total liabilities ($258.84 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 | $21.41 Billion |
| % of Total Assets | 7.64% |
| Annual Growth Rate | -0.65% |
| 5-Year Change | 56.07% |
| 10-Year Change | 64.04% |
| Growth Volatility | 284.55 |
mBank S.A. - Net Assets Trend (2002–2025)
This chart illustrates how mBank 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 mBank S.A. (2002–2025)
The table below shows the annual net assets of mBank S.A. from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $21.41 Billion | +20.50% |
| 2024-12-31 | $17.77 Billion | +29.33% |
| 2023-12-31 | $13.74 Billion | +8.04% |
| 2022-12-31 | $12.72 Billion | -7.31% |
| 2021-12-31 | $13.72 Billion | -16.70% |
| 2020-12-31 | $16.47 Billion | +1.95% |
| 2019-12-31 | $16.15 Billion | +6.16% |
| 2018-12-31 | $15.22 Billion | +6.47% |
| 2017-12-31 | $14.29 Billion | +9.50% |
| 2016-12-31 | $13.05 Billion | +6.32% |
| 2015-12-31 | $12.27 Billion | +10.86% |
| 2014-12-31 | $11.07 Billion | +7.96% |
| 2013-12-31 | $10.26 Billion | +5.63% |
| 2012-12-31 | $9.71 Billion | -89.64% |
| 2011-12-31 | $93.68 Billion | +9.37% |
| 2010-12-31 | $85.66 Billion | +11.28% |
| 2009-12-31 | $76.98 Billion | -1.30% |
| 2008-12-31 | $77.99 Billion | +66.97% |
| 2007-12-31 | $46.71 Billion | +32.41% |
| 2006-12-31 | $35.28 Billion | +23.13% |
| 2005-12-31 | $28.65 Billion | +1388.38% |
| 2004-12-31 | $1.92 Billion | -92.59% |
| 2003-12-31 | $25.99 Billion | +4.59% |
| 2002-12-31 | $24.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to mBank 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 1681459500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.30 Billion | 76.13% |
| Common Stock | $170.10 Million | 0.79% |
| Other Components | $4.94 Billion | 23.08% |
| Total Equity | $21.41 Billion | 100.00% |
mBank S.A. Competitors by Market Cap
The table below lists competitors of mBank S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
$524.90 Million |
|
Suzhou New District Hi Tech Industrial Co Ltd
SHG:600736
|
$524.98 Million |
|
Hebei Jianxin Chemical Co Ltd
SHE:300107
|
$525.28 Million |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
$525.36 Million |
|
Opthea Ltd
NASDAQ:OPT
|
$524.82 Million |
|
Trulieve Cannabis Corp
OTCQX:TCNNF
|
$524.69 Million |
|
Irish Residential Properties REIT Plc
PINK:RSHPF
|
$524.65 Million |
|
Intellian Technologies Inc
KQ:189300
|
$524.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in mBank S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,766,994,000 to 21,409,125,000, a change of 3,642,131,000 (20.5%).
- Net income of 3,543,540,000 contributed positively to equity growth.
- New share issuances of 115,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.54 Billion | +16.55% |
| Share Issuances | $115.00K | +0.0% |
| Other Changes | $98.48 Million | +0.46% |
| Total Change | $- | 20.50% |
Book Value vs Market Value Analysis
This analysis compares mBank 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: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.58x to 0.08x 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 | $68.97 | $39.88 | x |
| 2003-12-31 | $61.29 | $39.88 | x |
| 2004-12-31 | $81.06 | $39.88 | x |
| 2005-12-31 | $78.76 | $39.88 | x |
| 2006-12-31 | $79.72 | $39.88 | x |
| 2007-12-31 | $104.03 | $39.88 | x |
| 2008-12-31 | $125.95 | $39.88 | x |
| 2009-12-31 | $138.59 | $39.88 | x |
| 2010-12-31 | $188.22 | $39.88 | x |
| 2011-12-31 | $191.03 | $39.88 | x |
| 2012-12-31 | $229.74 | $39.88 | x |
| 2013-12-31 | $242.59 | $39.88 | x |
| 2014-12-31 | $261.56 | $39.88 | x |
| 2015-12-31 | $289.78 | $39.88 | x |
| 2016-12-31 | $308.05 | $39.88 | x |
| 2017-12-31 | $337.70 | $39.88 | x |
| 2018-12-31 | $359.30 | $39.88 | x |
| 2019-12-31 | $381.30 | $39.88 | x |
| 2020-12-31 | $388.57 | $39.88 | x |
| 2021-12-31 | $323.11 | $39.88 | x |
| 2022-12-31 | $299.81 | $39.88 | x |
| 2023-12-31 | $323.02 | $39.88 | x |
| 2024-12-31 | $417.63 | $39.88 | x |
| 2025-12-31 | $503.01 | $39.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently mBank 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): 16.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.63%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 13.09x
- Recent ROE (16.55%) is above the historical average (5.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -23.38% | -43.69% | 0.03x | 17.31x | $-528.82 Million |
| 2003 | 0.55% | 1.29% | 0.02x | 19.28x | $-149.66 Million |
| 2004 | -13.89% | -20.76% | 0.04x | 17.57x | $-444.77 Million |
| 2005 | -13.68% | -19.02% | 0.04x | 16.09x | $-481.95 Million |
| 2006 | 13.78% | 25.59% | 0.03x | 15.67x | $88.89 Million |
| 2007 | 20.69% | 34.37% | 0.04x | 15.72x | $329.22 Million |
| 2008 | 23.77% | 32.89% | 0.03x | 22.04x | $515.26 Million |
| 2009 | 3.17% | 5.01% | 0.03x | 19.67x | $-281.50 Million |
| 2010 | 9.56% | 19.83% | 0.04x | 13.03x | $-30.07 Million |
| 2011 | 14.10% | 30.33% | 0.04x | 12.28x | $330.10 Million |
| 2012 | 12.42% | 32.82% | 0.04x | 10.56x | $234.68 Million |
| 2013 | 11.79% | 32.26% | 0.04x | 10.19x | $183.44 Million |
| 2014 | 11.65% | 31.93% | 0.03x | 10.68x | $182.34 Million |
| 2015 | 10.63% | 32.90% | 0.03x | 10.09x | $77.01 Million |
| 2016 | 9.36% | 28.08% | 0.03x | 10.27x | $-83.09 Million |
| 2017 | 7.64% | 23.34% | 0.04x | 9.20x | $-337.41 Million |
| 2018 | 8.65% | 27.63% | 0.03x | 9.58x | $-204.95 Million |
| 2019 | 6.07% | 17.56% | 0.04x | 9.83x | $-634.15 Million |
| 2020 | 0.63% | 1.93% | 0.03x | 10.45x | $-1.54 Billion |
| 2021 | -8.59% | -18.71% | 0.03x | 14.55x | $-2.55 Billion |
| 2022 | -5.53% | -8.67% | 0.04x | 16.51x | $-1.97 Billion |
| 2023 | 0.18% | 0.24% | 0.04x | 16.53x | $-1.35 Billion |
| 2024 | 12.63% | 18.25% | 0.05x | 13.84x | $466.55 Million |
| 2025 | 16.55% | 20.63% | 0.06x | 13.09x | $1.40 Billion |
Industry Comparison
This section compares mBank S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| mBank S.A. (MBAKF) | $21.41 Billion | -23.38% | 12.09x | $524.85 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |