Eastern Bankshares (EBC)

Net assets on the balance sheet as of September 2024 : ₹309.85 Billion

According to Eastern Bankshares's latest financial reports the company has ₹309.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eastern Bankshares - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹247.65 B	21.08%
2022-12-31	$₹204.54 B	-19.33%
2021-12-31	$₹253.53 B	1.13%
2020-12-31	$₹250.70 B	119.71%
2019-12-31	$₹114.10 B	13.87%
2018-12-31	$₹100.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	₹31.78 B	-89.74%	🇺🇸 USA
National Bank Holdings NBHC	₹109.04 B	-64.81%	🇺🇸 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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Eastern Bankshares (EBC) - Net assets

Net assets on the balance sheet as of September 2024 : ₹309.85 Billion