Richmond Mutual Bancorporation (RMBI)

Net assets on the balance sheet as of June 2024 : C$0.17 B

According to Richmond Mutual Bancorporation's latest financial reports the company has C$0.17 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richmond Mutual Bancorporation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.18 B	-21.55%
2021-12-31	$C$0.23 B	-6.39%
2020-12-31	$C$0.24 B	0.19%
2019-12-31	$C$0.24 B	109.72%
2018-12-31	$C$0.11 B	13.72%
2017-12-31	$C$0.10 B

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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Richmond Mutual Bancorporation (RMBI) - Net assets