MVB Financial (MVBF) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.30 Billion

According to MVB Financial's latest financial reports the company has HK$2.30 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MVB Financial - Net assets on balance sheet (from 2003 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.25 B	10.65%
2022-12-31	$HK$2.04 B	-4.86%
2021-12-31	$HK$2.14 B	15.63%
2020-12-31	$HK$1.85 B	12.48%
2019-12-31	$HK$1.65 B	19.24%
2018-12-31	$HK$1.38 B	17.97%
2017-12-31	$HK$1.17 B	3.91%
2016-12-31	$HK$1.12 B	27.01%
2015-12-31	$HK$0.88 B	4.74%
2014-12-31	$HK$0.84 B	16.43%
2013-12-31	$HK$0.72 B	39.25%
2012-12-31	$HK$0.52 B	41.23%
2011-12-31	$HK$0.37 B	54.83%
2010-12-31	$HK$0.23 B	13.8%
2009-12-31	$HK$0.21 B	5.4%
2008-12-31	$HK$0.19 B	8.84%
2007-12-31	$HK$0.18 B	8.91%
2006-12-31	$HK$0.16 B	17.31%
2005-12-31	$HK$0.14 B	108.93%
2004-12-31	$HK$68.72 M	13.26%
2003-12-31	$HK$60.67 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
TrustCo Bank TRST	HK$5.09 B	120.85%	🇺🇸 USA
Capital One COF	HK$489.18 B	21,110.94%	🇺🇸 USA
State Street Corporation STT	HK$200.78 B	8,606.18%	🇺🇸 USA
New York Community Bank NYCB	HK$65.27 B	2,730.48%	🇺🇸 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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