Pioneer Bancorp (PBFS)

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

According to Pioneer Bancorp'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.

Pioneer Bancorp - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$2.09 B	9.82%
2022-06-30	$HK$1.90 B	3.11%
2021-06-30	$HK$1.84 B	6.37%
2020-06-30	$HK$1.73 B	80.24%
2019-06-30	$HK$0.96 B	3.93%
2018-06-30	$HK$0.92 B	14.15%
2017-06-30	$HK$0.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$2.93 B	27.01%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.05 B	335.71%	🇺🇸 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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Pioneer Bancorp (PBFS) - Net assets

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