Avanza Bank Holding AB (publ) (AZA) - Net Assets

Latest as of December 2025: Skr7.93 Billion SEK ≈ $853.39 Million USD

Based on the latest financial reports, Avanza Bank Holding AB (publ) (AZA) has net assets worth Skr7.93 Billion SEK (≈ $853.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr417.05 Billion ≈ $44.88 Billion USD) and total liabilities (Skr409.12 Billion ≈ $44.03 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 asset resilience ratio of Avanza Bank Holding AB (publ) to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr7.93 Billion
% of Total Assets	1.9%
Annual Growth Rate	17.56%
5-Year Change	68.69%
10-Year Change	506.27%
Growth Volatility	15.84

Avanza Bank Holding AB (publ) - Net Assets Trend (2002–2025)

This chart illustrates how Avanza Bank Holding AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore AZA total asset value for the complete picture of this company's asset base.

Annual Net Assets for Avanza Bank Holding AB (publ) (2002–2025)

The table below shows the annual net assets of Avanza Bank Holding AB (publ) from 2002 to 2025. For live valuation and market cap data, see Avanza Bank Holding AB (publ) (AZA) market capitalisation.

Year	Net Assets	Change
2025-12-31	Skr7.93 Billion ≈ $853.39 Million	+25.47%
2024-12-31	Skr6.32 Billion ≈ $680.13 Million	+8.35%
2023-12-31	Skr5.83 Billion ≈ $627.72 Million	+17.81%
2022-12-31	Skr4.95 Billion ≈ $532.81 Million	+5.32%
2021-12-31	Skr4.70 Billion ≈ $505.90 Million	+48.20%
2020-12-31	Skr3.17 Billion ≈ $341.36 Million	+63.08%
2019-12-31	Skr1.95 Billion ≈ $209.31 Million	+17.88%
2018-12-31	Skr1.65 Billion ≈ $177.57 Million	+15.63%
2017-12-31	Skr1.43 Billion ≈ $153.57 Million	+9.10%
2016-12-31	Skr1.31 Billion ≈ $140.76 Million	+16.16%
2015-12-31	Skr1.13 Billion ≈ $121.18 Million	+38.16%
2014-12-31	Skr815.00 Million ≈ $87.71 Million	+2.64%
2013-12-31	Skr794.00 Million ≈ $85.45 Million	-4.11%
2012-12-31	Skr828.00 Million ≈ $89.11 Million	-5.37%
2011-12-31	Skr875.00 Million ≈ $94.16 Million	+7.63%
2010-12-31	Skr813.00 Million ≈ $87.49 Million	+17.32%
2009-12-31	Skr693.00 Million ≈ $74.58 Million	+10.35%
2008-12-31	Skr628.00 Million ≈ $67.58 Million	+9.60%
2007-12-31	Skr573.00 Million ≈ $61.66 Million	+17.18%
2006-12-31	Skr489.00 Million ≈ $52.62 Million	+38.23%
2005-12-31	Skr353.76 Million ≈ $38.07 Million	+28.27%
2004-12-31	Skr275.79 Million ≈ $29.68 Million	+20.77%
2003-12-31	Skr228.36 Million ≈ $24.58 Million	+18.91%
2002-12-31	Skr192.04 Million ≈ $20.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Avanza Bank Holding AB (publ)'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 46780.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr6.30 Billion	79.50%
Common Stock	Skr79.00 Million	1.00%
Other Components	Skr1.55 Billion	19.51%
Total Equity	Skr7.93 Billion	100.00%

Avanza Bank Holding AB (publ) Competitors by Market Cap

The table below lists competitors of Avanza Bank Holding AB (publ) ranked by their market capitalization.

Company	Market Cap
United Integrated Services Co Ltd TW:2404	$5.64 Billion
MGIC Investment Corp NYSE:MTG	$5.64 Billion
Grupo Comercial Chedraui S.A.B. de C.V MX:CHDRAUIB	$5.65 Billion
Gerdau S.A F:GDUA	$5.65 Billion
Bio-Rad Laboratories Inc NYSE:BIO	$5.62 Billion
Kingnet Network Co Ltd SHE:002517	$5.62 Billion
News Corp B NASDAQ:NWS	$5.62 Billion
Caitong Securities Co Ltd SHG:601108	$5.62 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Avanza Bank Holding AB (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,320,000,000 to 7,930,000,000, a change of 1,610,000,000 (25.5%).
Net income of 2,609,000,000 contributed positively to equity growth.
Dividend payments of 1,848,000,000 reduced retained earnings.
Share repurchases of 27,000,000 reduced equity.
New share issuances of 27,000,000 increased equity.
Other comprehensive income decreased equity by 37,000,000.
Other factors increased equity by 886,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr2.61 Billion	+32.9%
Dividends Paid	Skr1.85 Billion	-23.3%
Share Repurchases	Skr27.00 Million	-0.34%
Share Issuances	Skr27.00 Million	+0.34%
Other Comprehensive Income	Skr-37.00 Million	-0.47%
Other Changes	Skr886.00 Million	+11.17%
Total Change	Skr-	25.47%

Book Value vs Market Value Analysis

This analysis compares Avanza Bank Holding AB (publ)'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: 6.59x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 230.66x to 6.59x 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	Skr1.44	Skr331.30	x
2003-12-31	Skr1.70	Skr331.30	x
2004-12-31	Skr2.03	Skr331.30	x
2005-12-31	Skr2.58	Skr331.30	x
2006-12-31	Skr3.54	Skr331.30	x
2007-12-31	Skr4.15	Skr331.30	x
2008-12-31	Skr4.55	Skr331.30	x
2009-12-31	Skr5.01	Skr331.30	x
2010-12-31	Skr5.77	Skr331.30	x
2011-12-31	Skr6.15	Skr331.30	x
2012-12-31	Skr5.78	Skr331.30	x
2013-12-31	Skr5.50	Skr331.30	x
2014-12-31	Skr5.59	Skr331.30	x
2015-12-31	Skr7.65	Skr331.30	x
2016-12-31	Skr8.81	Skr331.30	x
2017-12-31	Skr9.55	Skr331.30	x
2018-12-31	Skr10.94	Skr331.30	x
2019-12-31	Skr12.79	Skr331.30	x
2020-12-31	Skr20.39	Skr331.30	x
2021-12-31	Skr29.86	Skr331.30	x
2022-12-31	Skr31.69	Skr331.30	x
2023-12-31	Skr37.19	Skr331.30	x
2024-12-31	Skr40.16	Skr331.30	x
2025-12-31	Skr50.25	Skr331.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Avanza Bank Holding AB (publ) 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): 32.90%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 45.49%
• Asset Turnover: 0.01x
• Equity Multiplier: 52.59x
Recent ROE (32.90%) is above the historical average (30.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	7.01%	9.74%	0.15x	4.72x	Skr-5.73 Million
2003	15.91%	22.89%	0.12x	6.03x	Skr13.49 Million
2004	26.90%	33.92%	0.13x	6.19x	Skr46.61 Million
2005	29.93%	35.73%	0.07x	12.73x	Skr70.51 Million
2006	38.45%	37.75%	0.06x	17.83x	Skr139.10 Million
2007	40.66%	34.06%	0.05x	25.22x	Skr175.70 Million
2008	29.46%	26.06%	0.05x	24.84x	Skr122.20 Million
2009	32.90%	42.62%	0.02x	40.11x	Skr158.70 Million
2010	33.33%	42.48%	0.02x	49.50x	Skr189.70 Million
2011	33.26%	37.31%	0.02x	45.24x	Skr203.50 Million
2012	19.32%	25.24%	0.01x	54.60x	Skr77.20 Million
2013	24.31%	29.92%	0.01x	71.33x	Skr113.60 Million
2014	30.67%	33.83%	0.01x	82.57x	Skr168.50 Million
2015	36.86%	43.23%	0.01x	78.70x	Skr302.40 Million
2016	30.50%	39.31%	0.01x	76.92x	Skr268.20 Million
2017	26.56%	34.90%	0.01x	81.37x	Skr236.30 Million
2018	21.15%	29.80%	0.01x	74.02x	Skr184.00 Million
2019	22.98%	34.92%	0.01x	80.18x	Skr252.50 Million
2020	42.09%	54.94%	0.01x	64.56x	Skr1.02 Billion
2021	43.54%	60.06%	0.01x	59.37x	Skr1.58 Billion
2022	33.65%	53.40%	0.01x	48.70x	Skr1.17 Billion
2023	33.98%	45.01%	0.02x	48.42x	Skr1.40 Billion
2024	35.66%	44.38%	0.01x	54.37x	Skr1.62 Billion
2025	32.90%	45.49%	0.01x	52.59x	Skr1.82 Billion

Industry Comparison

This section compares Avanza Bank Holding AB (publ)'s net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $107,584,872,167
Average return on equity (ROE) among peers: 14.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Avanza Bank Holding AB (publ) (AZA)	Skr7.93 Billion	7.01%	51.59x	$5.63 Billion
Arion banki hf (ARION-SDB)	$225.73 Billion	6.38%	4.08x	$2.10 Billion
Norion Bank (NORION)	$9.48 Billion	15.17%	6.13x	$1.07 Billion
Skandinaviska Enskilda Banken AB (publ) (SEB-A)	$155.70 Billion	12.96%	17.35x	$37.77 Billion
Skandinaviska Enskilda Banken AB (publ) (SEB-C)	$122.81 Billion	12.03%	19.23x	$482.93 Million
Swedbank AB (publ) (SWED-A)	$131.43 Billion	14.72%	15.82x	$39.10 Billion
TF Bank AB (TFBANK)	$351.23 Million	26.55%	6.91x	$1.16 Billion

About Avanza Bank Holding AB (publ)

ST:AZA Sweden Banks - Regional

Market Cap

$5.63 Billion

Skr52.29 Billion SEK

Market Cap Rank

#3310 Global

#52 in Sweden

Share Price

Skr331.30

Change (1 day)

-1.31%

52-Week Range

Skr308.40 - Skr404.20

All Time High

Skr404.20