Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of June 2024 : HK$0.90 B

According to Rhinebeck Bancorp's latest financial reports the company has HK$0.90 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rhinebeck Bancorp - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.88 B	5.09%
2022-12-31	$HK$0.84 B	-13.98%
2021-12-31	$HK$0.98 B	8.74%
2020-12-31	$HK$0.90 B	5.54%
2019-12-31	$HK$0.85 B	84.38%
2018-12-31	$HK$0.46 B	8.07%
2017-12-31	$HK$0.42 B	5.47%
2016-12-31	$HK$0.40 B

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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Rhinebeck Bancorp (RBKB) - Net assets