South Plains Financial (SPFI)

Net assets on the balance sheet as of June 2024 : C$0.56 B

According to South Plains Financial's latest financial reports the company has C$0.56 B 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	$C$0.53 B	11.46%
2022-12-31	$C$0.48 B	-6.05%
2021-12-31	$C$0.51 B	9.27%
2020-12-31	$C$0.47 B	18.89%
2019-12-31	$C$0.39 B	88.23%
2018-12-31	$C$0.21 B	6.02%
2017-12-31	$C$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	C$0.47 B	-15.81%	🇺🇸 USA
National Bank Holdings NBHC	C$1.69 B	198.49%	🇺🇸 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 June 2024 : C$0.56 B