ING Bank Śląski SA
ING Bank Slaski S.A., together with its subsidiaries, provides various banking products and services for retail clients and businesses in Poland. It operates in two segments, Retail Banking and Corporate Banking. The company accepts personal and business accounts. Its loan products include cash loans, mortgages, business line of credit, invoice financing, leasing, factoring, investment loans, bus… Read more
ING Bank Śląski SA (ING) - Net Assets
Latest net assets as of June 2025: zł17.62 Billion PLN
Based on the latest financial reports, ING Bank Śląski SA (ING) has net assets worth zł17.62 Billion PLN as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł281.98 Billion) and total liabilities (zł264.36 Billion). 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 | zł17.62 Billion |
| % of Total Assets | 6.25% |
| Annual Growth Rate | 8.77% |
| 5-Year Change | -7.78% |
| 10-Year Change | 60.76% |
| Growth Volatility | 22.16 |
ING Bank Śląski SA - Net Assets Trend (2006–2024)
This chart illustrates how ING Bank Śląski SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ING Bank Śląski SA (2006–2024)
The table below shows the annual net assets of ING Bank Śląski SA from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł17.17 Billion | +2.59% |
| 2023-12-31 | zł16.74 Billion | +79.10% |
| 2022-12-31 | zł9.34 Billion | -30.94% |
| 2021-12-31 | zł13.53 Billion | -27.32% |
| 2020-12-31 | zł18.62 Billion | +22.30% |
| 2019-12-31 | zł15.22 Billion | +14.15% |
| 2018-12-31 | zł13.34 Billion | +13.07% |
| 2017-12-31 | zł11.79 Billion | +12.58% |
| 2016-12-31 | zł10.48 Billion | -1.90% |
| 2015-12-31 | zł10.68 Billion | +2.14% |
| 2014-12-31 | zł10.46 Billion | +21.19% |
| 2013-12-31 | zł8.63 Billion | +6.05% |
| 2012-12-31 | zł8.14 Billion | +26.81% |
| 2011-12-31 | zł6.42 Billion | +13.50% |
| 2010-12-31 | zł5.65 Billion | +15.68% |
| 2009-12-31 | zł4.89 Billion | +15.68% |
| 2008-12-31 | zł4.22 Billion | +10.00% |
| 2007-12-31 | zł3.84 Billion | +1.64% |
| 2006-12-31 | zł3.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ING Bank Śląski SA'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 719.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł20.78 Billion | 121.04% |
| Common Stock | zł130.00 Million | 0.76% |
| Other Comprehensive Income | zł-4.70 Billion | -27.37% |
| Other Components | zł956.00 Million | 5.57% |
| Total Equity | zł17.17 Billion | 100.00% |
ING Bank Śląski SA Competitors by Market Cap
The table below lists competitors of ING Bank Śląski SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BankUnited Inc
NYSE:BKU
|
$3.15 Billion |
|
Zhaojin Mining Industry Company Limited
PINK:ZHAOF
|
$3.15 Billion |
|
Genworth Financial Inc
NYSE:GNW
|
$3.16 Billion |
|
Victoria's Secret & Co
NYSE:VSCO
|
$3.16 Billion |
|
Jiangxi Zhengbang Technology Co Ltd
SHE:002157
|
$3.15 Billion |
|
Yakult Honsha Co.Ltd
F:YKH
|
$3.15 Billion |
|
Gulfport Energy Operating Corp
NYSE:GPOR
|
$3.15 Billion |
|
Bellway p.l.c
F:41B
|
$3.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ING Bank Śląski SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,736,000,000 to 17,170,000,000, a change of 434,000,000 (2.6%).
- Net income of 4,369,000,000 contributed positively to equity growth.
- Dividend payments of 4,339,000,000 reduced retained earnings.
- Share repurchases of 6,000,000 reduced equity.
- Other comprehensive income increased equity by 395,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł4.37 Billion | +25.45% |
| Dividends Paid | zł4.34 Billion | -25.27% |
| Share Repurchases | zł6.00 Million | -0.03% |
| Other Comprehensive Income | zł395.70 Million | +2.3% |
| Other Changes | zł20.30 Million | +0.12% |
| Total Change | zł- | 2.59% |
Book Value vs Market Value Analysis
This analysis compares ING Bank Śląski SA'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: 3.05x
- 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 13.94x to 3.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | zł28.87 | zł402.50 | x |
| 2007-12-31 | zł29.51 | zł402.50 | x |
| 2008-12-31 | zł32.45 | zł402.50 | x |
| 2009-12-31 | zł37.54 | zł402.50 | x |
| 2010-12-31 | zł43.43 | zł402.50 | x |
| 2011-12-31 | zł49.30 | zł402.50 | x |
| 2012-12-31 | zł62.52 | zł402.50 | x |
| 2013-12-31 | zł66.31 | zł402.50 | x |
| 2014-12-31 | zł80.35 | zł402.50 | x |
| 2015-12-31 | zł82.07 | zł402.50 | x |
| 2016-12-31 | zł80.51 | zł402.50 | x |
| 2017-12-31 | zł90.66 | zł402.50 | x |
| 2018-12-31 | zł102.51 | zł402.50 | x |
| 2019-12-31 | zł117.01 | zł402.50 | x |
| 2020-12-31 | zł143.11 | zł402.50 | x |
| 2021-12-31 | zł104.01 | zł402.50 | x |
| 2022-12-31 | zł71.82 | zł402.50 | x |
| 2023-12-31 | zł128.62 | zł402.50 | x |
| 2024-12-31 | zł131.93 | zł402.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ING Bank Śląski SA 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): 25.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.94%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 15.19x
- Recent ROE (25.45%) is above the historical average (13.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 15.92% | 32.97% | 0.04x | 12.90x | zł222.38 Million |
| 2007 | 16.59% | 31.43% | 0.04x | 13.55x | zł252.94 Million |
| 2008 | 10.55% | 21.34% | 0.03x | 16.49x | zł23.20 Million |
| 2009 | 12.18% | 23.99% | 0.04x | 12.26x | zł106.63 Million |
| 2010 | 13.33% | 27.99% | 0.04x | 11.42x | zł188.06 Million |
| 2011 | 13.72% | 32.11% | 0.04x | 10.87x | zł238.73 Million |
| 2012 | 10.23% | 26.25% | 0.04x | 9.62x | zł18.92 Million |
| 2013 | 11.15% | 29.56% | 0.04x | 10.06x | zł98.87 Million |
| 2014 | 9.96% | 29.74% | 0.04x | 9.55x | zł-4.70 Million |
| 2015 | 10.55% | 30.00% | 0.03x | 10.20x | zł59.21 Million |
| 2016 | 11.96% | 29.06% | 0.04x | 11.22x | zł205.51 Million |
| 2017 | 11.90% | 29.59% | 0.04x | 10.68x | zł223.62 Million |
| 2018 | 11.44% | 29.12% | 0.04x | 10.62x | zł192.27 Million |
| 2019 | 10.90% | 28.55% | 0.04x | 10.42x | zł136.37 Million |
| 2020 | 7.18% | 21.46% | 0.03x | 10.02x | zł-524.23 Million |
| 2021 | 17.06% | 33.56% | 0.03x | 14.90x | zł955.16 Million |
| 2022 | 18.35% | 22.24% | 0.04x | 23.25x | zł779.97 Million |
| 2023 | 26.54% | 44.25% | 0.04x | 14.66x | zł2.77 Billion |
| 2024 | 25.45% | 26.94% | 0.06x | 15.19x | zł2.65 Billion |
Industry Comparison
This section compares ING Bank Śląski SA's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $12,228,153,286
- Average return on equity (ROE) among peers: 16.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ING Bank Śląski SA (ING) | zł17.62 Billion | 15.92% | 15.01x | $3.15 Billion |
| Bank Handlowy w Warszawie SA (BHW) | $6.44 Billion | 11.43% | 5.56x | $891.34 Million |
| BNP Paribas Bank Polska S.A. (BNP) | $2.39 Billion | 4.22% | 9.24x | $981.24 Million |
| Bank Ochrony Środowiska SA (BOS) | $1.78 Billion | -3.38% | 10.69x | $82.94 Million |
| Getin Holding SA (GTN) | $176.11 Million | 73.29% | 3.26x | $14.47 Million |
| mBank SA (MBK) | $12.27 Billion | 10.60% | 9.06x | $3.33 Billion |
| Bank Millennium S.A. (MIL) | $5.77 Billion | 11.29% | 9.54x | $2.33 Billion |
| UniCredit S.p.A. (UCG) | $56.77 Billion | 6.86% | 13.65x | $99.58 Billion |