Luther Burbank (LBC) - Total assets

Total assets on the balance sheet as of September 2023 : NZ$14.28 Billion

According to Luther Burbank's latest financial reports the company's total assets are NZ$14.28 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Luther Burbank - Total assets on balance sheet (from 2016 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	NZ$12.56 B	19.49%
2021-12-31	NZ$10.51 B	9.83%
2020-12-31	NZ$9.57 B	-8.51%
2019-12-31	NZ$10.46 B	1.16%
2018-12-31	NZ$10.34 B	28.76%
2017-12-31	NZ$8.03 B	9.88%
2016-12-31	NZ$7.31 B	14.67%
2015-12-31	NZ$6.37 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Northeast Bank NBN	NZ$7.32 B	-48.72%	🇺🇸 USA
National Bank Holdings NBHC	NZ$17.35 B	21.51%	🇺🇸 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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