FinecoBank SpA (MIL:FBK) Total Assets : €33,315.7 Mil (As of Dec. 2023)

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What is FinecoBank SpA Total Assets?

FinecoBank SpA's Total Assets for the quarter that ended in Dec. 2023 was €33,315.7 Mil.

During the past 12 months, FinecoBank SpA's average Total Assets Growth Rate was -10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.50% per year. During the past 5 years, the average Total Assets Growth Rate was 5.60% per year. During the past 10 years, the average Total Assets Growth Rate was 7.80% per year.

During the past 13 years, FinecoBank SpA's highest 3-Year average Total Assets Growth Rate was 16.20%. The lowest was -1.00%. And the median was 8.80%.

Total Assets is connected with ROA %. FinecoBank SpA's annualized ROA % for the quarter that ended in Dec. 2023 was 3.70%. Total Assets is also linked to Revenue through Asset Turnover. FinecoBank SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

FinecoBank SpA Total Assets Historical Data

The historical data trend for FinecoBank SpA's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FinecoBank SpA Total Assets Chart

FinecoBank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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28,022.91

31,755.02

33,867.18

36,268.89

33,315.70

FinecoBank SpA Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															36,550.71	36,268.89	33,815.92	33,086.78	33,315.70

FinecoBank SpA Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

FinecoBank SpA's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2194.676	+	31121.024
	=	33,315.7

FinecoBank SpA's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2194.676	+	31121.024
	=	33,315.7

FinecoBank SpA (MIL:FBK) Total Assets Explanation

Total Assets is connected with ROA %.

FinecoBank SpA's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1226.832	/	( (33086.779	+	33315.7)	/ 2 )
	=	1226.832	/	33201.2395
	=	3.70 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

FinecoBank SpA's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	619.551	/	( (33086.779	+	33315.7)	/ 2 )
=	619.551	/	33201.2395
=	0.02

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

FinecoBank SpA Total Assets Related Terms

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FinecoBank SpA (MIL:FBK) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Total Assets

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Traded in Other Exchanges

FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.