Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of September 2024 : ₹10.43 Billion

According to Rhinebeck Bancorp's latest financial reports the company has ₹10.43 Billion 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	$₹9.46 B	5.77%
2022-12-31	$₹8.94 B	-4.57%
2021-12-31	$₹9.37 B	10.05%
2020-12-31	$₹8.52 B	8.73%
2019-12-31	$₹7.83 B	89.05%
2018-12-31	$₹4.14 B	18.07%
2017-12-31	$₹3.51 B	-1.64%
2016-12-31	$₹3.56 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