Sterling Bancorp (SBT)

Net assets on the balance sheet as of June 2024 : A$0.50 Billion

According to Sterling Bancorp's latest financial reports the company has A$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sterling Bancorp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.45 B	-3.08%
2021-12-31	$A$0.47 B	14.04%
2020-12-31	$A$0.41 B	-12.51%
2019-12-31	$A$0.47 B	-0.11%
2018-12-31	$A$0.47 B	35.86%
2017-12-31	$A$0.35 B	55.5%
2016-12-31	$A$0.22 B	20.34%
2015-12-31	$A$0.18 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	A$0.57 B	14.52%	🇺🇸 USA
National Bank Holdings NBHC	A$1.98 B	292.86%	🇺🇸 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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Sterling Bancorp (SBT) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.50 Billion