Standard Bank Group Limited
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
Standard Bank Group Limited (SBGOF) - Net Assets
Latest net assets as of June 2025: $302.86 Billion USD
Based on the latest financial reports, Standard Bank Group Limited (SBGOF) has net assets worth $302.86 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 ($3.41 Trillion) and total liabilities ($3.11 Trillion). 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 | $302.86 Billion |
| % of Total Assets | 8.88% |
| Annual Growth Rate | 10.95% |
| 5-Year Change | 35.95% |
| 10-Year Change | 63.58% |
| Growth Volatility | 11.26 |
Standard Bank Group Limited - Net Assets Trend (2002–2024)
This chart illustrates how Standard Bank Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Standard Bank Group Limited (2002–2024)
The table below shows the annual net assets of Standard Bank Group Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $292.66 Billion | +5.68% |
| 2023-12-31 | $276.92 Billion | +6.53% |
| 2022-12-31 | $259.96 Billion | +7.04% |
| 2021-12-31 | $242.85 Billion | +12.81% |
| 2020-12-31 | $215.27 Billion | +2.76% |
| 2019-12-31 | $209.48 Billion | +5.24% |
| 2018-12-31 | $199.06 Billion | +4.76% |
| 2017-12-31 | $190.02 Billion | +5.94% |
| 2016-12-31 | $179.36 Billion | +0.25% |
| 2015-12-31 | $178.91 Billion | +10.69% |
| 2014-12-31 | $161.63 Billion | +5.89% |
| 2013-12-31 | $152.65 Billion | +17.27% |
| 2012-12-31 | $130.17 Billion | +10.75% |
| 2011-12-31 | $117.53 Billion | +13.89% |
| 2010-12-31 | $103.20 Billion | +3.85% |
| 2009-12-31 | $99.37 Billion | -0.13% |
| 2008-12-31 | $99.50 Billion | +45.39% |
| 2007-12-31 | $68.44 Billion | +23.88% |
| 2006-12-31 | $55.24 Billion | +38.23% |
| 2005-12-31 | $39.96 Billion | +3.63% |
| 2004-12-31 | $38.56 Billion | +18.03% |
| 2003-12-31 | $32.67 Billion | +9.72% |
| 2002-12-31 | $29.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Standard Bank Group Limited'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 | $229.90 Billion | 83.79% |
| Common Stock | $166.00 Million | 0.06% |
| Other Components | $44.32 Billion | 16.15% |
| Total Equity | $274.38 Billion | 100.00% |
Standard Bank Group Limited Competitors by Market Cap
The table below lists competitors of Standard Bank Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Power Grid Corporation of India Limited
NSE:POWERGRID
|
$14.91 Billion |
|
Shriram Finance Limited
NSE:SHRIRAMFIN
|
$14.92 Billion |
|
Roivant Sciences Ltd
NASDAQ:ROIV
|
$14.92 Billion |
|
XPENG INC. SP.ADS/2 CL.A
F:8XPA
|
$14.97 Billion |
|
Metro Inc
PINK:MTRAF
|
$14.89 Billion |
|
Kerry Group plc
PINK:KRYAF
|
$14.87 Billion |
|
Mid-America Apartment Communities Inc
NYSE:MAA
|
$14.86 Billion |
|
Moncler S.p.A.
PINK:MONRF
|
$14.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Standard Bank Group Limited'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 | $45.82 Billion | +16.7% |
| Dividends Paid | $28.93 Billion | -10.54% |
| Share Repurchases | $3.97 Billion | -1.45% |
| Share Issuances | $74.00 Million | +0.03% |
| Other Comprehensive Income | $-630.00 Million | -0.23% |
| Other Changes | $1.41 Billion | +0.51% |
| Total Change | $- | 5.28% |
Book Value vs Market Value Analysis
This analysis compares Standard Bank Group Limited'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: 0.07x
- 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 0.65x to 0.07x 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 | $17.67 | $11.53 | x |
| 2003-12-31 | $19.43 | $11.53 | x |
| 2004-12-31 | $23.85 | $11.53 | x |
| 2005-12-31 | $28.48 | $11.53 | x |
| 2006-12-31 | $38.07 | $11.53 | x |
| 2007-12-31 | $45.26 | $11.53 | x |
| 2008-12-31 | $60.40 | $11.53 | x |
| 2009-12-31 | $59.25 | $11.53 | x |
| 2010-12-31 | $59.80 | $11.53 | x |
| 2011-12-31 | $67.13 | $11.53 | x |
| 2012-12-31 | $73.66 | $11.53 | x |
| 2013-12-31 | $83.67 | $11.53 | x |
| 2014-12-31 | $88.12 | $11.53 | x |
| 2015-12-31 | $97.16 | $11.53 | x |
| 2016-12-31 | $96.49 | $11.53 | x |
| 2017-12-31 | $102.39 | $11.53 | x |
| 2018-12-31 | $108.15 | $11.53 | x |
| 2019-12-31 | $113.50 | $11.53 | x |
| 2020-12-31 | $118.42 | $11.53 | x |
| 2021-12-31 | $134.39 | $11.53 | x |
| 2022-12-31 | $143.67 | $11.53 | x |
| 2023-12-31 | $155.32 | $11.53 | x |
| 2024-12-31 | $164.27 | $11.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Standard Bank Group Limited 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 (17.20%), 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 | $3.18 Billion |
| 2003 | 23.13% | 27.13% | 0.04x | 20.58x | $3.45 Billion |
| 2004 | 28.45% | 31.26% | 0.05x | 19.19x | $5.92 Billion |
| 2005 | 25.88% | 14.50% | 0.08x | 21.04x | $5.70 Billion |
| 2006 | 25.62% | 16.46% | 0.08x | 19.84x | $7.63 Billion |
| 2007 | 28.01% | 17.06% | 0.08x | 19.98x | $10.65 Billion |
| 2008 | 19.15% | 15.32% | 0.07x | 17.19x | $8.00 Billion |
| 2009 | 12.94% | 10.90% | 0.08x | 14.97x | $2.63 Billion |
| 2010 | 12.06% | 8.60% | 0.10x | 14.43x | $1.90 Billion |
| 2011 | 12.98% | 12.64% | 0.07x | 14.28x | $3.12 Billion |
| 2012 | 14.15% | 11.40% | 0.09x | 13.33x | $4.81 Billion |
| 2013 | 12.31% | 10.44% | 0.09x | 12.58x | $3.11 Billion |
| 2014 | 12.82% | 11.16% | 0.09x | 13.35x | $4.01 Billion |
| 2015 | 15.41% | 20.96% | 0.06x | 12.64x | $8.47 Billion |
| 2016 | 14.47% | 18.64% | 0.06x | 12.51x | $6.99 Billion |
| 2017 | 16.16% | 21.00% | 0.06x | 12.21x | $10.22 Billion |
| 2018 | 16.19% | 25.48% | 0.05x | 12.22x | $10.78 Billion |
| 2019 | 14.44% | 22.35% | 0.05x | 12.49x | $8.09 Billion |
| 2020 | 6.97% | 11.88% | 0.04x | 13.41x | $-5.73 Billion |
| 2021 | 11.96% | 20.91% | 0.05x | 12.69x | $4.20 Billion |
| 2022 | 14.75% | 26.17% | 0.05x | 12.07x | $11.35 Billion |
| 2023 | 17.64% | 28.49% | 0.05x | 11.76x | $19.91 Billion |
| 2024 | 16.70% | 24.18% | 0.06x | 11.92x | $18.38 Billion |
Industry Comparison
This section compares Standard Bank Group Limited'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 |
|---|---|---|---|---|
| Standard Bank Group Limited (SBGOF) | $302.86 Billion | 23.38% | 10.27x | $14.90 Billion |
| 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 |