Eastern Bankshares (EBC)

Net assets on the balance sheet as of June 2024 : NZ$4.89 Billion

According to Eastern Bankshares's latest financial reports the company has NZ$4.89 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	$NZ$4.70 B	20.83%
2022-12-31	$NZ$3.89 B	-21.93%
2021-12-31	$NZ$4.98 B	4.97%
2020-12-31	$NZ$4.75 B	99.96%
2019-12-31	$NZ$2.37 B	11.2%
2018-12-31	$NZ$2.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.62 B	-87.31%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.05 B	-57.96%	🇺🇸 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 June 2024 : NZ$4.89 Billion