Red River Bancshares (RRBI)

Net assets on the balance sheet as of June 2024 : HK$2.39 Billion

According to Red River Bancshares's latest financial reports the company has HK$2.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Red River Bancshares - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.07 B	-10.69%
2021-12-31	$HK$2.32 B	5.05%
2020-12-31	$HK$2.21 B	12.81%
2019-12-31	$HK$1.96 B	29.33%
2018-12-31	$HK$1.51 B	9.01%
2017-12-31	$HK$1.39 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$2.93 B	22.69%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.06 B	320.86%	🇺🇸 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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Red River Bancshares (RRBI) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.39 Billion