Amalgamated Financial (AMAL)

Net assets on the balance sheet as of September 2024 : NZ$1.19 Billion

According to Amalgamated Financial's latest financial reports the company has NZ$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Amalgamated Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.92 B	15.47%
2022-12-31	$NZ$0.80 B	-2.9%
2021-12-31	$NZ$0.82 B	11.17%
2020-12-31	$NZ$0.74 B	1.95%
2019-12-31	$NZ$0.72 B	11.2%
2018-12-31	$NZ$0.65 B	35.21%
2017-12-31	$NZ$0.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.64 B	-46.07%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.20 B	85.01%	🇺🇸 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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Amalgamated Financial (AMAL) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.19 Billion