Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of June 2024 : £88.53 M

According to Rhinebeck Bancorp's latest financial reports the company has £88.53 M 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	-3.97%
2021-12-31	$£93.07 M	9.07%
2020-12-31	$£85.33 M	3.06%
2019-12-31	$£82.8 M	78.23%
2018-12-31	$£46.45 M	14.21%
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