Merchants Bancorp (MBIN)

Cash on Hand as of December 2022 : NZ$0.37 Billion

According to Merchants Bancorp's latest financial reports the company has NZ$0.37 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Merchants Bancorp - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.35 B	-76.44%
2021-12-31	NZ$1.51 B	506.93%
2020-12-31	NZ$0.24 B	-66.89%
2019-12-31	NZ$0.75 B	49.97%
2018-12-31	NZ$0.50 B	-0.89%
2017-12-31	NZ$0.50 B	-21.33%
2016-12-31	NZ$0.64 B	-1.44%
2015-12-31	NZ$0.65 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Northeast Bank NBN	NZ$0.27 B	-26.18%	🇺🇸 USA
National Bank Holdings NBHC	NZ$0.32 B	-13.56%	🇺🇸 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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Merchants Bancorp (MBIN) - Cash on Hand

Cash on Hand as of December 2022 : NZ$0.37 Billion