MetroCity Bankshares (MCBS)

Net assets on the balance sheet as of June 2024 : HK$3.16 Billion

According to MetroCity Bankshares's latest financial reports the company has HK$3.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MetroCity Bankshares - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.97 B	9.14%
2022-12-31	$HK$2.73 B	20.64%
2021-12-31	$HK$2.26 B	19.23%
2020-12-31	$HK$1.89 B	12.45%
2019-12-31	$HK$1.68 B	27.83%
2018-12-31	$HK$1.32 B	25.08%
2017-12-31	$HK$1.05 B	26.92%
2016-12-31	$HK$0.83 B	19.82%
2015-12-31	$HK$0.69 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$2.92 B	-7.51%	🇺🇸 USA
National Bank Holdings NBHC	HK$9.69 B	206.37%	🇺🇸 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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MetroCity Bankshares (MCBS) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.16 Billion