Merchants Bancorp (MBIN)

Cash on Hand as of December 2022 : HK$1.75 Billion

According to Merchants Bancorp's latest financial reports the company has HK$1.75 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Merchants Bancorp - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.76 B	-78.05%
2021-12-31	HK$8.05 B	477.91%
2020-12-31	HK$1.39 B	-64.69%
2019-12-31	HK$3.94 B	49.75%
2018-12-31	HK$2.63 B	-6.18%
2017-12-31	HK$2.80 B	-18.73%
2016-12-31	HK$3.45 B	-0.2%
2015-12-31	HK$3.46 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	HK$1.29 B	-26.18%	🇺🇸 USA
National Bank Holdings NBHC	HK$1.51 B	-13.56%	🇺🇸 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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Merchants Bancorp (MBIN) - Cash on Hand

Cash on Hand as of December 2022 : HK$1.75 Billion