South Plains Financial (SPFI)

Net assets on the balance sheet as of September 2024 : A$0.70 Billion

According to South Plains Financial's latest financial reports the company has A$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

South Plains Financial - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.59 B	13.9%
2022-12-31	$A$0.52 B	-6.65%
2021-12-31	$A$0.56 B	16.78%
2020-12-31	$A$0.48 B	10.05%
2019-12-31	$A$0.43 B	99.3%
2018-12-31	$A$0.21 B	8.28%
2017-12-31	$A$0.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	A$0.62 B	-11.41%	🇺🇸 USA
National Bank Holdings NBHC	A$2.06 B	191.57%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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South Plains Financial (SPFI) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.70 Billion