Banco do Nordeste do Brasil S.A (BNBR3) - Net Assets
Based on the latest financial reports, Banco do Nordeste do Brasil S.A (BNBR3) has net assets worth R$15.52 Billion BRL (≈ $3.05 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 (R$71.18 Billion ≈ $13.97 Billion USD) and total liabilities (R$55.66 Billion ≈ $10.92 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 financial resilience of Banco do Nordeste do Brasil S.A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$15.52 Billion |
| % of Total Assets | 21.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | -74.65% |
| 10-Year Change | 390.69% |
| Growth Volatility | 255.27 |
Banco do Nordeste do Brasil S.A - Net Assets Trend (2003–2024)
This chart illustrates how Banco do Nordeste do Brasil S.A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Banco do Nordeste do Brasil S.A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Banco do Nordeste do Brasil S.A (2003–2024)
The table below shows the annual net assets of Banco do Nordeste do Brasil S.A from 2003 to 2024. For live valuation and market cap data, see BNBR3 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$13.95 Billion ≈ $2.74 Billion |
+30.28% |
| 2023-12-31 | R$10.71 Billion ≈ $2.10 Billion |
+19.03% |
| 2022-12-31 | R$9.00 Billion ≈ $1.77 Billion |
-83.19% |
| 2021-12-31 | R$53.51 Billion ≈ $10.50 Billion |
-2.77% |
| 2020-12-31 | R$55.03 Billion ≈ $10.80 Billion |
+5.81% |
| 2019-12-31 | R$52.01 Billion ≈ $10.20 Billion |
+1143.60% |
| 2018-12-31 | R$4.18 Billion ≈ $820.59 Million |
+18.07% |
| 2017-12-31 | R$3.54 Billion ≈ $695.01 Million |
+5.34% |
| 2016-12-31 | R$3.36 Billion ≈ $659.78 Million |
+18.27% |
| 2015-12-31 | R$2.84 Billion ≈ $557.88 Million |
-15.58% |
| 2014-12-31 | R$3.37 Billion ≈ $660.82 Million |
+10.79% |
| 2013-12-31 | R$3.04 Billion ≈ $596.47 Million |
+13.27% |
| 2012-12-31 | R$2.68 Billion ≈ $526.60 Million |
+15.21% |
| 2011-12-31 | R$2.33 Billion ≈ $457.09 Million |
+6.99% |
| 2010-12-31 | R$2.18 Billion ≈ $427.23 Million |
+5.05% |
| 2009-12-31 | R$2.07 Billion ≈ $406.71 Million |
+15.31% |
| 2008-12-31 | R$1.80 Billion ≈ $352.71 Million |
+12.17% |
| 2007-12-31 | R$1.60 Billion ≈ $314.44 Million |
+6.67% |
| 2006-12-31 | R$1.50 Billion ≈ $294.79 Million |
+8.80% |
| 2005-12-31 | R$1.38 Billion ≈ $270.94 Million |
-- |
| 2004-12-31 | R$0.00 ≈ $0.00 |
-- |
| 2003-12-31 | R$0.00 ≈ $0.00 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Banco do Nordeste do Brasil 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 552450100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$3.19 Billion | 22.89% |
| Common Stock | R$11.65 Billion | 83.50% |
| Total Equity | R$13.95 Billion | 100.00% |
Banco do Nordeste do Brasil S.A Competitors by Market Cap
The table below lists competitors of Banco do Nordeste do Brasil S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Communications Co Ltd A
SHG:600776
|
$2.33 Billion |
|
Tokai Carbon Korea Co. Ltd
KQ:064760
|
$2.33 Billion |
|
Lien Hwa Industrial Corp
TW:1229
|
$2.33 Billion |
|
Shanghai Beite Technology Co
SHG:603009
|
$2.33 Billion |
|
African Rainbow Minerals Ltd
JSE:ARI
|
$2.32 Billion |
|
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
|
$2.32 Billion |
|
Foran Energy Group Co Ltd
SHE:002911
|
$2.32 Billion |
|
Central Puerto S.A.
BA:CEPU
|
$2.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco do Nordeste do Brasil S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,708,591,000 to 13,951,273,000, a change of 3,242,682,000 (30.3%).
- Net income of 2,342,566,000 contributed positively to equity growth.
- Dividend payments of 515,267,000 reduced retained earnings.
- Other comprehensive income increased equity by 897,859,000.
- Other factors increased equity by 517,524,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.34 Billion | +16.79% |
| Dividends Paid | R$515.27 Million | -3.69% |
| Other Comprehensive Income | R$897.86 Million | +6.44% |
| Other Changes | R$517.52 Million | +3.71% |
| Total Change | R$- | 30.28% |
Book Value vs Market Value Analysis
This analysis compares Banco do Nordeste do Brasil 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: 0.74x
- 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 8.63x to 0.74x 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 | R$13.90 | R$120.00 | x |
| 2003-12-31 | R$14.64 | R$120.00 | x |
| 2004-12-31 | R$15.17 | R$120.00 | x |
| 2005-12-31 | R$15.87 | R$120.00 | x |
| 2006-12-31 | R$17.27 | R$120.00 | x |
| 2007-12-31 | R$18.42 | R$120.00 | x |
| 2008-12-31 | R$20.66 | R$120.00 | x |
| 2009-12-31 | R$23.82 | R$120.00 | x |
| 2010-12-31 | R$25.03 | R$120.00 | x |
| 2011-12-31 | R$26.78 | R$120.00 | x |
| 2012-12-31 | R$30.85 | R$120.00 | x |
| 2013-12-31 | R$34.94 | R$120.00 | x |
| 2014-12-31 | R$38.99 | R$120.00 | x |
| 2015-12-31 | R$32.92 | R$120.00 | x |
| 2016-12-31 | R$38.93 | R$120.00 | x |
| 2017-12-31 | R$41.01 | R$120.00 | x |
| 2018-12-31 | R$48.42 | R$120.00 | x |
| 2019-12-31 | R$62.84 | R$120.00 | x |
| 2020-12-31 | R$71.46 | R$120.00 | x |
| 2021-12-31 | R$86.59 | R$120.00 | x |
| 2022-12-31 | R$104.16 | R$120.00 | x |
| 2023-12-31 | R$123.98 | R$120.00 | x |
| 2024-12-31 | R$161.53 | R$120.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco do Nordeste do Brasil 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): 16.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.30%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 5.01x
- Recent ROE (16.79%) is below the historical average (17.16%), 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 | 13.30% | 15.10% | 0.00x | 0.00x | R$39.92 Million |
| 2003 | 6.65% | 7.10% | 0.09x | 10.02x | R$-42.65 Million |
| 2004 | 11.53% | 25.59% | 0.05x | 9.98x | R$20.12 Million |
| 2005 | 11.40% | 23.66% | 0.05x | 9.12x | R$19.31 Million |
| 2006 | 13.49% | 34.43% | 0.05x | 8.31x | R$52.50 Million |
| 2007 | 13.71% | 18.80% | 0.08x | 8.83x | R$59.49 Million |
| 2008 | 23.42% | 27.93% | 0.09x | 9.00x | R$241.28 Million |
| 2009 | 22.15% | 58.42% | 0.04x | 9.24x | R$251.74 Million |
| 2010 | 14.40% | 9.98% | 0.13x | 10.92x | R$95.86 Million |
| 2011 | 13.51% | 7.93% | 0.15x | 11.35x | R$81.85 Million |
| 2012 | 18.94% | 10.89% | 0.15x | 11.88x | R$239.99 Million |
| 2013 | 11.85% | 8.08% | 0.13x | 11.12x | R$56.37 Million |
| 2014 | 22.19% | 15.51% | 0.13x | 11.34x | R$410.57 Million |
| 2015 | 10.75% | 5.64% | 0.13x | 14.57x | R$21.40 Million |
| 2016 | 21.77% | 12.11% | 0.13x | 13.78x | R$395.82 Million |
| 2017 | 19.25% | 11.05% | 0.11x | 15.26x | R$327.54 Million |
| 2018 | 17.35% | 11.57% | 0.11x | 14.02x | R$307.30 Million |
| 2019 | 32.00% | 23.03% | 0.13x | 10.80x | R$1.19 Billion |
| 2020 | 16.51% | 14.53% | 0.11x | 10.02x | R$402.02 Million |
| 2021 | 21.64% | 15.91% | 0.17x | 8.06x | R$870.59 Million |
| 2022 | 22.40% | 13.77% | 0.23x | 7.02x | R$1.12 Billion |
| 2023 | 19.59% | 13.58% | 0.24x | 6.14x | R$1.03 Billion |
| 2024 | 16.79% | 14.30% | 0.23x | 5.01x | R$947.44 Million |
Industry Comparison
This section compares Banco do Nordeste do Brasil S.A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $42,113,810,889
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco do Nordeste do Brasil S.A (BNBR3) | R$15.52 Billion | 13.30% | 3.59x | $2.32 Billion |
| Banco da Amazônia S.A (BAZA3) | $1.89 Billion | 3.42% | 7.99x | $929.25 Million |
| Banco do Brasil S.A. (BBAS3) | $7.96 Billion | 12.23% | 16.37x | $24.88 Billion |
| Banco Bradesco S.A. (BBDC3) | $178.95 Billion | 13.23% | 12.02x | $17.38 Billion |
| Banestes S.A - Banco do Estado do Espírito Santo (BEES3) | $1.26 Billion | 12.78% | 19.29x | $454.73 Million |
| Banco Mercantil do Brasil S.A (BMEB3) | $555.10 Million | 3.22% | 7.51x | $812.53 Million |
| Banco Alfa de Investimento S.A (BRIV3) | $1.24 Billion | 5.54% | 10.15x | $134.78 Million |
| Banco do Estado do Rio Grande do Sul S.A (BRSR3) | $9.67 Billion | 9.00% | 11.93x | $718.24 Million |
| Itaú Unibanco Holding S.A. (ITUB3) | $100.62 Billion | 21.42% | 10.20x | $48.01 Billion |
| Banco Santander (Brasil) S.A. (SANB11) | $76.88 Billion | 10.07% | 4.21x | $21.29 Billion |
About Banco do Nordeste do Brasil S.A
Banco do Nordeste do Brasil S.A. operates as a regional development bank in Latin America. It operates through Own Portfolio and FNE segments. The company offers savings accounts, cash and term deposits, and custody of securities; specialized credit; credit for infrastructure, and urban and rural microfinance; and collection services and credit cards. It is also involved in involved in structurin… Read more