TF Bank AB (TFBANK) - Net Assets

Latest as of December 2025: Skr3.04 Billion SEK ≈ $326.94 Million USD

Based on the latest financial reports, TF Bank AB (TFBANK) has net assets worth Skr3.04 Billion SEK (≈ $326.94 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 (Skr29.12 Billion ≈ $3.13 Billion USD) and total liabilities (Skr26.08 Billion ≈ $2.81 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 TFBANK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr3.04 Billion
% of Total Assets	10.43%
Annual Growth Rate	19.51%
5-Year Change	112.34%
10-Year Change	547.36%
Growth Volatility	11.37

TF Bank AB - Net Assets Trend (2009–2025)

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

Annual Net Assets for TF Bank AB (2009–2025)

The table below shows the annual net assets of TF Bank AB from 2009 to 2025. For live valuation and market cap data, see market cap of TF Bank AB.

Year	Net Assets	Change
2025-12-31	Skr3.04 Billion ≈ $326.94 Million	+9.57%
2024-12-31	Skr2.77 Billion ≈ $298.38 Million	+28.31%
2023-12-31	Skr2.16 Billion ≈ $232.55 Million	+24.29%
2022-12-31	Skr1.74 Billion ≈ $187.10 Million	+21.52%
2021-12-31	Skr1.43 Billion ≈ $153.97 Million	+32.02%
2020-12-31	Skr1.08 Billion ≈ $116.62 Million	+21.08%
2019-12-31	Skr895.07 Million ≈ $96.32 Million	+23.18%
2018-12-31	Skr726.65 Million ≈ $78.20 Million	+34.36%
2017-12-31	Skr540.81 Million ≈ $58.20 Million	+15.24%
2016-12-31	Skr469.29 Million ≈ $50.50 Million	+33.61%
2015-12-31	Skr351.23 Million ≈ $37.80 Million	+29.03%
2014-12-31	Skr272.22 Million ≈ $29.29 Million	+13.94%
2013-12-31	Skr238.91 Million ≈ $25.71 Million	+19.75%
2012-12-31	Skr199.52 Million ≈ $21.47 Million	-2.29%
2011-12-31	Skr204.20 Million ≈ $21.98 Million	+23.71%
2010-12-31	Skr165.06 Million ≈ $17.76 Million	-5.88%
2009-12-31	Skr175.38 Million ≈ $18.87 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TF Bank AB'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 1631.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr2.95 Billion	97.10%
Common Stock	Skr107.75 Million	3.55%
Other Comprehensive Income	Skr-19.77 Million	-0.65%
Total Equity	Skr3.04 Billion	100.00%

TF Bank AB Competitors by Market Cap

The table below lists competitors of TF Bank AB ranked by their market capitalization.

Company	Market Cap
Ingenia Communities Group AU:INA	$1.16 Billion
Jayaswal Neco Industries Limited NSE:JAYNECOIND	$1.16 Billion
Zhejiang Narada Power Source SHE:300068	$1.16 Billion
Chongqing Baiya Sanitary Products Co SHE:003006	$1.16 Billion
RLJ Lodging Trust NYSE:RLJ	$1.16 Billion
Kelington Group Bhd KLSE:0151	$1.16 Billion
Azorim Investment Development and Construction Co Ltd TA:AZRM	$1.16 Billion
Nanjing Vazyme Biotech Co Ltd SHG:688105	$1.16 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TF Bank AB's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,772,680,000 to 3,037,997,000, a change of 265,317,000 (9.6%).
Net income of 667,046,000 contributed positively to equity growth.
Dividend payments of 107,750,000 reduced retained earnings.
Share repurchases of 250,000 reduced equity.
New share issuances of 250,000 increased equity.
Other comprehensive income decreased equity by 271,964,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr667.05 Million	+21.96%
Dividends Paid	Skr107.75 Million	-3.55%
Share Repurchases	Skr250.00K	-0.01%
Share Issuances	Skr250.00K	+0.01%
Other Comprehensive Income	Skr-271.96 Million	-8.95%
Other Changes	Skr-22.01 Million	-0.72%
Total Change	Skr-	9.57%

Book Value vs Market Value Analysis

This analysis compares TF Bank AB'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: 3.55x
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 53.99x to 3.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Skr3.09	Skr167.00	x
2013-12-31	Skr3.70	Skr167.00	x
2014-12-31	Skr4.22	Skr167.00	x
2015-12-31	Skr5.35	Skr167.00	x
2016-12-31	Skr21.27	Skr167.00	x
2017-12-31	Skr25.14	Skr167.00	x
2018-12-31	Skr11.27	Skr167.00	x
2019-12-31	Skr13.88	Skr167.00	x
2020-12-31	Skr16.80	Skr167.00	x
2021-12-31	Skr22.18	Skr167.00	x
2022-12-31	Skr26.96	Skr167.00	x
2023-12-31	Skr33.50	Skr167.00	x
2024-12-31	Skr42.99	Skr167.00	x
2025-12-31	Skr47.00	Skr167.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TF Bank AB 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): 21.96%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 17.96%
• Asset Turnover: 0.13x
• Equity Multiplier: 9.58x
Recent ROE (21.96%) is below the historical average (25.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	33.24%	32.93%	0.13x	7.94x	Skr46.36 Million
2013	36.13%	29.52%	0.16x	7.74x	Skr62.43 Million
2014	36.57%	28.66%	0.15x	8.64x	Skr72.32 Million
2015	27.03%	24.03%	0.14x	8.05x	Skr58.74 Million
2016	25.72%	26.66%	0.15x	6.44x	Skr71.82 Million
2017	28.01%	29.61%	0.11x	8.31x	Skr97.38 Million
2018	26.40%	30.56%	0.10x	8.32x	Skr119.16 Million
2019	24.79%	25.60%	0.10x	9.46x	Skr132.42 Million
2020	18.71%	20.52%	0.10x	9.42x	Skr94.35 Million
2021	19.38%	23.88%	0.09x	9.36x	Skr134.14 Million
2022	19.70%	21.39%	0.09x	10.57x	Skr168.60 Million
2023	18.36%	15.92%	0.10x	11.08x	Skr180.61 Million
2024	22.81%	19.67%	0.13x	9.04x	Skr355.08 Million
2025	21.96%	17.96%	0.13x	9.58x	Skr363.25 Million

Industry Comparison

This section compares TF Bank AB's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $226,254,833,333
Average return on equity (ROE) among peers: 13.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TF Bank AB (TFBANK)	Skr3.04 Billion	33.24%	8.58x	$1.16 Billion
Arion banki hf (ARION-SDB)	$211.38 Billion	10.00%	3.90x	$2.10 Billion
Avanza Bank Holding AB (publ) (AZA)	$875.00 Million	33.26%	44.24x	$5.63 Billion
Norion Bank (NORION)	$9.05 Billion	13.98%	6.43x	$1.07 Billion
Skandinaviska Enskilda Banken AB (publ) (SEB-A)	$776.34 Billion	0.69%	0.60x	$37.77 Billion
Skandinaviska Enskilda Banken AB (publ) (SEB-C)	$140.98 Billion	7.53%	17.59x	$482.93 Million
Swedbank AB (publ) (SWED-A)	$218.90 Billion	15.93%	12.75x	$39.10 Billion

About TF Bank AB

ST:TFBANK Sweden Banks - Regional

Market Cap

$1.16 Billion

Skr10.80 Billion SEK

Market Cap Rank

#8463 Global

#128 in Sweden

Share Price

Skr167.00

Change (1 day)

-2.34%

52-Week Range

Skr131.40 - Skr436.50

All Time High

Skr436.50