Powszechna Kasa Oszczednosci Bank Polski SA (PKO) - Net Assets

Latest as of March 2026: zł59.87 Billion PLN ≈ $16.48 Billion USD

Based on the latest financial reports, Powszechna Kasa Oszczednosci Bank Polski SA (PKO) has net assets worth zł59.87 Billion PLN (≈ $16.48 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł593.84 Billion ≈ $163.43 Billion USD) and total liabilities (zł533.98 Billion ≈ $146.96 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 how strategically is Powszechna Kasa Oszczednosci Bank Polski's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł59.87 Billion
% of Total Assets	10.08%
Annual Growth Rate	9.95%
5-Year Change	55.21%
10-Year Change	79.63%
Growth Volatility	11.42

Powszechna Kasa Oszczednosci Bank Polski SA - Net Assets Trend (2005–2025)

This chart illustrates how Powszechna Kasa Oszczednosci Bank Polski SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Powszechna Kasa Oszczednosci Bank Polski market cap and net worth.

Annual Net Assets for Powszechna Kasa Oszczednosci Bank Polski SA (2005–2025)

The table below shows the annual net assets of Powszechna Kasa Oszczednosci Bank Polski SA from 2005 to 2025. Also explore Powszechna Kasa Oszczednosci Bank Polski annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	zł58.50 Billion ≈ $16.10 Billion	+11.71%
2024-12-31	zł52.37 Billion ≈ $14.41 Billion	+15.79%
2023-12-31	zł45.23 Billion ≈ $12.45 Billion	+27.63%
2022-12-31	zł35.44 Billion ≈ $9.75 Billion	-5.99%
2021-12-31	zł37.69 Billion ≈ $10.37 Billion	-5.56%
2020-12-31	zł39.91 Billion ≈ $10.98 Billion	-4.01%
2019-12-31	zł41.58 Billion ≈ $11.44 Billion	+6.33%
2018-12-31	zł39.10 Billion ≈ $10.76 Billion	+7.85%
2017-12-31	zł36.26 Billion ≈ $9.98 Billion	+11.32%
2016-12-31	zł32.57 Billion ≈ $8.96 Billion	+7.61%
2015-12-31	zł30.26 Billion ≈ $8.33 Billion	+9.59%
2014-12-31	zł27.62 Billion ≈ $7.60 Billion	+9.78%
2013-12-31	zł25.15 Billion ≈ $6.92 Billion	+2.06%
2012-12-31	zł24.65 Billion ≈ $6.78 Billion	+7.99%
2011-12-31	zł22.82 Billion ≈ $6.28 Billion	+6.85%
2010-12-31	zł21.36 Billion ≈ $5.88 Billion	+4.52%
2009-12-31	zł20.44 Billion ≈ $5.62 Billion	+45.99%
2008-12-31	zł14.00 Billion ≈ $3.85 Billion	+16.85%
2007-12-31	zł11.98 Billion ≈ $3.30 Billion	+17.67%
2006-12-31	zł10.18 Billion ≈ $2.80 Billion	+16.02%
2005-12-31	zł8.77 Billion ≈ $2.42 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Powszechna Kasa Oszczednosci Bank Polski 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 1061.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł21.90 Billion	37.43%
Common Stock	zł1.25 Billion	2.14%
Other Comprehensive Income	zł35.36 Billion	60.43%
Total Equity	zł58.51 Billion	100.00%

Powszechna Kasa Oszczednosci Bank Polski SA Competitors by Market Cap

The table below lists competitors of Powszechna Kasa Oszczednosci Bank Polski SA ranked by their market capitalization.

Company	Market Cap
Argen-X F:1AE	$41.67 Billion
RWE Aktiengesellschaft F:RWEA	$41.74 Billion
Entergy Corporation NYSE:ETR	$41.77 Billion
KB Financial Group KO:105560	$41.83 Billion
Woodside Energy Group Ltd NYSE:WDS	$41.29 Billion
Toyota Tsusho Corp NYSE:TYHOY	$41.24 Billion
RECRUIT HLD.UNSP.ADR/02 F:1RHA	$41.23 Billion
Waste Connections Inc TO:WCN	$41.06 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Powszechna Kasa Oszczednosci Bank Polski SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 52,381,000,000 to 58,514,000,000, a change of 6,133,000,000 (11.7%).
Net income of 10,682,000,000 contributed positively to equity growth.
Dividend payments of 6,850,000,000 reduced retained earnings.
Other comprehensive income increased equity by 4,858,000,000.
Other factors decreased equity by 2,557,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł10.68 Billion	+18.26%
Dividends Paid	zł6.85 Billion	-11.71%
Other Comprehensive Income	zł4.86 Billion	+8.3%
Other Changes	zł-2.56 Billion	-4.37%
Total Change	zł-	11.71%

Book Value vs Market Value Analysis

This analysis compares Powszechna Kasa Oszczednosci Bank Polski 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: 2.57x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 14.82x to 2.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	zł8.12	zł120.30	x
2006-12-31	zł9.37	zł120.30	x
2007-12-31	zł11.08	zł120.30	x
2008-12-31	zł12.80	zł120.30	x
2009-12-31	zł18.21	zł120.30	x
2010-12-31	zł17.09	zł120.30	x
2011-12-31	zł18.26	zł120.30	x
2012-12-31	zł19.72	zł120.30	x
2013-12-31	zł20.12	zł120.30	x
2014-12-31	zł22.10	zł120.30	x
2015-12-31	zł24.23	zł120.30	x
2016-12-31	zł26.07	zł120.30	x
2017-12-31	zł29.01	zł120.30	x
2018-12-31	zł31.29	zł120.30	x
2019-12-31	zł33.27	zł120.30	x
2020-12-31	zł31.94	zł120.30	x
2021-12-31	zł30.17	zł120.30	x
2022-12-31	zł28.36	zł120.30	x
2023-12-31	zł36.19	zł120.30	x
2024-12-31	zł41.90	zł120.30	x
2025-12-31	zł46.81	zł120.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Powszechna Kasa Oszczednosci Bank Polski 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): 18.26%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 33.52%
• Asset Turnover: 0.05x
• Equity Multiplier: 9.96x
Recent ROE (18.26%) is above the historical average (13.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	19.87%	20.28%	0.09x	10.49x	zł861.70 Million
2006	21.32%	24.49%	0.09x	10.05x	zł1.14 Billion
2007	24.36%	29.54%	0.09x	9.11x	zł1.71 Billion
2008	22.37%	25.04%	0.09x	9.65x	zł1.73 Billion
2009	11.29%	17.63%	0.08x	7.66x	zł262.68 Million
2010	15.06%	22.44%	0.08x	7.94x	zł1.08 Billion
2011	17.32%	26.11%	0.08x	8.36x	zł1.67 Billion
2012	15.17%	21.99%	0.09x	7.75x	zł1.27 Billion
2013	12.84%	22.11%	0.07x	7.92x	zł714.51 Million
2014	11.78%	22.54%	0.06x	9.00x	zł491.57 Million
2015	8.62%	19.49%	0.05x	8.81x	zł-418.83 Million
2016	8.82%	20.37%	0.05x	8.76x	zł-384.48 Million
2017	8.56%	20.75%	0.05x	8.19x	zł-522.70 Million
2018	9.57%	23.73%	0.05x	8.29x	zł-170.10 Million
2019	9.69%	23.78%	0.05x	8.37x	zł-127.70 Million
2020	-6.40%	-15.95%	0.04x	9.44x	zł-6.55 Billion
2021	12.93%	30.89%	0.04x	11.09x	zł1.10 Billion
2022	9.34%	12.93%	0.06x	12.15x	zł-232.90 Million
2023	12.16%	14.82%	0.07x	11.09x	zł978.20 Million
2024	17.76%	23.95%	0.07x	10.03x	zł4.07 Billion
2025	18.26%	33.52%	0.05x	9.96x	zł4.83 Billion

Industry Comparison

This section compares Powszechna Kasa Oszczednosci Bank Polski SA's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $6,111,917,333
Average return on equity (ROE) among peers: 6.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Powszechna Kasa Oszczednosci Bank Polski SA (PKO)	zł59.87 Billion	19.87%	8.92x	$41.39 Billion
Bank Handlowy w Warszawie SA (BHW)	$6.24 Billion	7.93%	4.46x	$4.25 Billion
BNP Paribas Bank Polska S.A. (BNP)	$2.07 Billion	13.15%	8.68x	$6.12 Billion
Bank Ochrony Środowiska SA (BOS)	$2.23 Billion	3.57%	9.19x	$259.28 Million
Erste Bank Polska S.A. (EBP)	$7.48 Billion	15.83%	6.99x	$21.23 Billion
Getin Holding SA (GTN)	$4.05 Billion	8.29%	7.77x	$15.09 Million
ING Bank Śląski SA (ING)	$6.42 Billion	13.72%	9.87x	$15.87 Billion
mBank SA (MBK)	$1.70 Billion	-21.76%	15.12x	$16.92 Billion
Bank Millennium S.A. (MIL)	$6.44 Billion	8.48%	9.28x	$7.35 Billion
Bank Polska Kasa Opieki SA (PEO)	$18.37 Billion	13.13%	6.11x	$19.50 Billion

About Powszechna Kasa Oszczednosci Bank Polski SA

WAR:PKO Poland Banks - Regional

Market Cap

$41.39 Billion

zł150.38 Billion PLN

Market Cap Rank

#660 Global

#2 in Poland

Share Price

zł120.30

Change (1 day)

+0.30%

52-Week Range

zł68.46 - zł120.52

All Time High

zł120.52