Santander Bank Polska SA (SPL) - Net Assets

Latest as of December 2025: zł35.51 Billion PLN ≈ $9.77 Billion USD

Based on the latest financial reports, Santander Bank Polska SA (SPL) has net assets worth zł35.51 Billion PLN (≈ $9.77 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł308.15 Billion ≈ $84.81 Billion USD) and total liabilities (zł272.64 Billion ≈ $75.04 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 SPL asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets zł35.51 Billion
% of Total Assets 11.52%
Annual Growth Rate 18.4%
5-Year Change 30.47%
10-Year Change 68.92%
Growth Volatility 62.87

Santander Bank Polska SA - Net Assets Trend (2002–2025)

This chart illustrates how Santander Bank Polska SA's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Santander Bank Polska SA for the complete picture of this company's asset base.

Annual Net Assets for Santander Bank Polska SA (2002–2025)

The table below shows the annual net assets of Santander Bank Polska SA from 2002 to 2025. For live valuation and market cap data, see SPL company net worth.

Year Net Assets Change
2025-12-31 zł35.51 Billion
≈ $9.77 Billion		 +3.09%
2024-12-31 zł34.44 Billion
≈ $9.48 Billion		 +2.23%
2023-12-31 zł33.69 Billion
≈ $9.27 Billion		 +11.87%
2022-12-31 zł30.12 Billion
≈ $8.29 Billion		 +10.66%
2021-12-31 zł27.21 Billion
≈ $7.49 Billion		 -5.04%
2020-12-31 zł28.66 Billion
≈ $7.89 Billion		 +6.22%
2019-12-31 zł26.98 Billion
≈ $7.43 Billion		 +1.17%
2018-12-31 zł26.67 Billion
≈ $7.34 Billion		 +14.24%
2017-12-31 zł23.34 Billion
≈ $6.42 Billion		 +11.06%
2016-12-31 zł21.02 Billion
≈ $5.78 Billion		 +2.19%
2015-12-31 zł20.57 Billion
≈ $5.66 Billion		 +13.94%
2014-12-31 zł18.05 Billion
≈ $4.97 Billion		 +24.64%
2013-12-31 zł14.48 Billion
≈ $3.99 Billion		 +61.32%
2012-12-31 zł8.98 Billion
≈ $2.47 Billion		 +19.98%
2011-12-31 zł7.48 Billion
≈ $2.06 Billion		 +10.47%
2010-12-31 zł6.77 Billion
≈ $1.86 Billion		 +11.86%
2009-12-31 zł6.06 Billion
≈ $1.67 Billion		 +22.28%
2008-12-31 zł4.95 Billion
≈ $1.36 Billion		 +17.25%
2007-12-31 zł4.22 Billion
≈ $1.16 Billion		 +23.13%
2006-12-31 zł3.43 Billion
≈ $944.10 Million		 +1.45%
2005-12-31 zł3.38 Billion
≈ $930.64 Million		 +11.90%
2004-12-31 zł3.02 Billion
≈ $831.68 Million		 +314.19%
2003-12-31 zł729.60 Million
≈ $200.80 Million		 0.00%
2002-12-31 zł729.60 Million
≈ $200.80 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Santander Bank Polska 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 3502.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings zł10.09 Billion 28.49%
Other Components zł25.33 Billion 71.51%
Total Equity zł35.43 Billion 100.00%

Santander Bank Polska SA Competitors by Market Cap

The table below lists competitors of Santander Bank Polska SA ranked by their market capitalization.

Company Market Cap
Adani Energy Solutions Limited
NSE:ADANIENSOL
 $17.44 Billion
KON. KPN NV ADR/1 O.N.
F:KPNB
 $17.44 Billion
Amcor PLC
NYSE:AMCR
 $17.44 Billion
Evolution Mining Ltd
AU:EVN
 $17.46 Billion
Dongfang Electric Corp Ltd Class A
SHG:600875
 $17.41 Billion
Will Semiconductor Co Ltd
SHG:603501
 $17.41 Billion
Zhejiang Century Huatong Group Co Ltd
SHE:002602
 $17.40 Billion
Hong Kong Land Holdings Ltd
LSE:HKLB
 $17.39 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 32,527,467,000 to 35,425,672,000, a change of 2,898,205,000 (8.9%).
  • Net income of 6,478,814,000 contributed positively to equity growth.
  • Dividend payments of 4,794,995,000 reduced retained earnings.
  • Share repurchases of 82,367,000 reduced equity.
  • Other comprehensive income decreased equity by 16,224,175,000.
  • Other factors increased equity by 17,520,928,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income zł6.48 Billion +18.29%
Dividends Paid zł4.79 Billion -13.54%
Share Repurchases zł82.37 Million -0.23%
Other Comprehensive Income zł-16.22 Billion -45.8%
Other Changes zł17.52 Billion +49.46%
Total Change zł- 8.91%

Book Value vs Market Value Analysis

This analysis compares Santander Bank Polska 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: 1.79x
  • 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 62.00x to 1.79x 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 zł10.00 zł620.00 x
2003-12-31 zł10.00 zł620.00 x
2004-12-31 zł41.00 zł620.00 x
2005-12-31 zł45.59 zł620.00 x
2006-12-31 zł54.21 zł620.00 x
2007-12-31 zł59.37 zł620.00 x
2008-12-31 zł64.59 zł620.00 x
2009-12-31 zł81.38 zł620.00 x
2010-12-31 zł90.29 zł620.00 x
2011-12-31 zł100.28 zł620.00 x
2012-12-31 zł119.84 zł620.00 x
2013-12-31 zł148.14 zł620.00 x
2014-12-31 zł171.50 zł620.00 x
2015-12-31 zł195.09 zł620.00 x
2016-12-31 zł199.02 zł620.00 x
2017-12-31 zł220.50 zł620.00 x
2018-12-31 zł251.30 zł620.00 x
2019-12-31 zł248.84 zł620.00 x
2020-12-31 zł264.11 zł620.00 x
2021-12-31 zł249.85 zł620.00 x
2022-12-31 zł277.11 zł620.00 x
2023-12-31 zł310.82 zł620.00 x
2024-12-31 zł318.31 zł620.00 x
2025-12-31 zł346.67 zł620.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Santander Bank Polska 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): 18.29%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 40.44%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 8.70x
  • Recent ROE (18.29%) is above the historical average (14.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 37.38% 20.17% 0.05x 34.15x zł199.73 Million
2003 17.66% 9.03% 0.06x 33.13x zł55.91 Million
2004 14.86% 29.56% 0.05x 9.21x zł145.32 Million
2005 16.41% 32.08% 0.06x 8.88x zł213.25 Million
2006 19.15% 31.41% 0.59x 1.03x zł362.22 Million
2007 21.99% 31.92% 0.65x 1.05x zł520.54 Million
2008 20.25% 29.82% 0.06x 12.22x zł483.04 Million
2009 15.81% 33.48% 0.05x 9.09x zł345.43 Million
2010 14.71% 27.52% 0.07x 8.03x zł311.92 Million
2011 16.10% 30.98% 0.06x 8.14x zł448.79 Million
2012 16.14% 34.77% 0.07x 6.76x zł545.41 Million
2013 14.29% 35.09% 0.05x 7.65x zł595.12 Million
2014 11.58% 29.44% 0.05x 8.14x zł261.62 Million
2015 12.00% 33.40% 0.05x 7.20x zł388.07 Million
2016 10.95% 28.60% 0.05x 7.59x zł188.76 Million
2017 10.10% 28.75% 0.05x 6.97x zł22.33 Million
2018 9.42% 28.94% 0.04x 8.20x zł-145.18 Million
2019 8.41% 22.98% 0.04x 8.24x zł-404.85 Million
2020 3.84% 12.09% 0.04x 8.49x zł-1.66 Billion
2021 4.35% 12.28% 0.04x 9.59x zł-1.44 Billion
2022 9.88% 22.76% 0.05x 9.15x zł-32.71 Million
2023 15.21% 32.68% 0.05x 8.71x zł1.65 Billion
2024 16.03% 30.53% 0.06x 9.36x zł1.96 Billion
2025 18.29% 40.44% 0.05x 8.70x zł2.94 Billion

Industry Comparison

This section compares Santander Bank Polska SA's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $13,967,350,778
  • Average return on equity (ROE) among peers: 1.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Santander Bank Polska SA (SPL) zł35.51 Billion 37.38% 7.68x $17.44 Billion
Bank Handlowy w Warszawie SA (BHW) $5.42 Billion 12.13% 5.64x $4.11 Billion
BNP Paribas Bank Polska S.A. (BNP) $11.26 Billion 3.92% 12.45x $6.02 Billion
Bank Ochrony Środowiska SA (BOS) $1.48 Billion 4.45% 11.44x $258.26 Million
Getin Holding SA (GTN) $654.71 Million -53.04% 5.60x $26.06 Million
ING Bank Śląski SA (ING) $10.48 Billion 11.96% 10.21x $14.04 Billion
mBank SA (MBK) $13.74 Billion 0.18% 15.52x $13.36 Billion
Bank Millennium S.A. (MIL) $6.44 Billion 8.48% 9.28x $5.95 Billion
Bank Polska Kasa Opieki SA (PEO) $23.86 Billion 9.11% 9.50x $16.35 Billion
Powszechna Kasa Oszczednosci Bank Polski SA (PKO) $52.37 Billion 17.77% 9.03x $32.56 Billion

About Santander Bank Polska SA

WAR:SPL Poland Banks - Regional
Market Cap
$17.44 Billion
zł63.36 Billion PLN
Market Cap Rank
#1433 Global
#3 in Poland
Share Price
zł620.00
Change (1 day)
-1.56%
52-Week Range
zł457.60 - zł667.40
All Time High
zł667.40
Categories
Companies in Poland Banks - Regional Banking & Financial
About

Santander Bank Polska S.A. provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions. It offers personal account, savings accounts and term deposits, currencies, internet and mobile banking, and contactless payments, and debit and credit solutions. The company also provides consumer loans and home mortgages… Read more