Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of June 2024 : £92.28 Million

According to Rhinebeck Bancorp's latest financial reports the company has £92.28 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rhinebeck Bancorp - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£89.23 M	-0.16%
2022-12-31	$£89.38 M	-4.22%
2021-12-31	$£93.32 M	9.19%
2020-12-31	$£85.46 M	2%
2019-12-31	$£83.79 M	79.44%
2018-12-31	$£46.69 M	14.8%
2017-12-31	$£40.67 M	-4.42%
2016-12-31	$£42.56 M

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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Rhinebeck Bancorp (RBKB) - Net assets