Sterling Bancorp (SBT)

Net assets on the balance sheet as of June 2024 : HK$2.55 Billion

According to Sterling Bancorp's latest financial reports the company has HK$2.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sterling Bancorp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.44 B	-8.84%
2021-12-31	$HK$2.67 B	8.15%
2020-12-31	$HK$2.47 B	-4.36%
2019-12-31	$HK$2.59 B	-1.27%
2018-12-31	$HK$2.62 B	22.88%
2017-12-31	$HK$2.13 B	69.69%
2016-12-31	$HK$1.25 B	19.13%
2015-12-31	$HK$1.05 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$2.93 B	14.52%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.05 B	292.86%	🇺🇸 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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Sterling Bancorp (SBT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.55 Billion