Suruga Bank Ltd
Suruga Bank Ltd. provides various banking and financial products and services to individuals and corporate customers in Japan. The company offers deposit products, such as time, non-interest bearing, savings, foreign currency, and other deposits, as well as current and general accounts; property, card, housing, second house, startup, and business up term loans, as well as loans by purpose; credit… Read more
Suruga Bank Ltd (SRGBF) - Net Assets
Latest net assets as of September 2025: $303.05 Billion USD
Based on the latest financial reports, Suruga Bank Ltd (SRGBF) has net assets worth $303.05 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.43 Trillion) and total liabilities ($3.13 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 | $303.05 Billion |
| % of Total Assets | 8.83% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | 3.52% |
| 10-Year Change | N/A |
| Growth Volatility | 6.65 |
Suruga Bank Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Suruga Bank Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suruga Bank Ltd (2020–2025)
The table below shows the annual net assets of Suruga Bank Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $295.82 Billion | +0.24% |
| 2024-03-31 | $295.12 Billion | +8.88% |
| 2023-03-31 | $271.04 Billion | +2.58% |
| 2022-03-31 | $264.23 Billion | -7.54% |
| 2021-03-31 | $285.77 Billion | +11.24% |
| 2020-03-31 | $256.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suruga Bank 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 20.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $263.81 Billion | 89.21% |
| Other Components | $31.90 Billion | 10.79% |
| Total Equity | $295.71 Billion | 100.00% |
Suruga Bank Ltd Competitors by Market Cap
The table below lists competitors of Suruga Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petkim Petrokimya Holding AS
IS:PETKM
|
$712.29 Million |
|
Metropolitan Bank Holding
NYSE:MCB
|
$712.32 Million |
|
Japfa Comfeed Indonesia Tbk
JK:JPFA
|
$712.40 Million |
|
Shenzhen China Micro Semicon Co. Ltd. A
SHG:688380
|
$712.58 Million |
|
Everlight Electronics Co Ltd
TW:2393
|
$711.52 Million |
|
China CYTS Tours Holding Co Ltd
SHG:600138
|
$711.50 Million |
|
GRAHAM CORP. DL-10
F:781
|
$711.44 Million |
|
Milkyway Chemical Supply Chain Service Co Ltd
SHG:603713
|
$711.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suruga Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 295,010,000,000 to 295,706,000,000, a change of 696,000,000 (0.2%).
- Net income of 20,177,000,000 contributed positively to equity growth.
- Dividend payments of 5,410,000,000 reduced retained earnings.
- Share repurchases of 10,506,000,000 reduced equity.
- Other factors decreased equity by 3,565,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.18 Billion | +6.82% |
| Dividends Paid | $5.41 Billion | -1.83% |
| Share Repurchases | $10.51 Billion | -3.55% |
| Other Changes | $-3.56 Billion | -1.21% |
| Total Change | $- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares Suruga Bank 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $1108.48 | $6.51 | x |
| 2021-03-31 | $1233.18 | $6.51 | x |
| 2022-03-31 | $1402.54 | $6.51 | x |
| 2023-03-31 | $1438.32 | $6.51 | x |
| 2024-03-31 | $1532.15 | $6.51 | x |
| 2025-03-31 | $1609.96 | $6.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suruga Bank 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): 6.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.26%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 11.71x
- Recent ROE (6.82%) is above the historical average (6.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 9.86% | 25.49% | 0.03x | 13.56x | $-353.90 Million |
| 2021 | 7.50% | 25.62% | 0.02x | 12.43x | $-7.13 Billion |
| 2022 | 3.01% | 10.78% | 0.02x | 13.59x | $-18.45 Billion |
| 2023 | 3.90% | 18.95% | 0.02x | 13.43x | $-16.52 Billion |
| 2024 | 5.21% | 24.90% | 0.02x | 12.07x | $-14.13 Billion |
| 2025 | 6.82% | 30.26% | 0.02x | 11.71x | $-9.39 Billion |
Industry Comparison
This section compares Suruga Bank Ltd'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 |
|---|---|---|---|---|
| Suruga Bank Ltd (SRGBF) | $303.05 Billion | 9.86% | 10.33x | $712.24 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 |