MetroCity Bankshares (MCBS)

Net assets on the balance sheet as of June 2024 : NZ$0.67 Billion

According to MetroCity Bankshares's latest financial reports the company has NZ$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MetroCity Bankshares - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.60 B	9.62%
2022-12-31	$NZ$0.55 B	29.53%
2021-12-31	$NZ$0.42 B	25.22%
2020-12-31	$NZ$0.33 B	5.44%
2019-12-31	$NZ$0.32 B	28.02%
2018-12-31	$NZ$0.25 B	32.12%
2017-12-31	$NZ$0.19 B	22.86%
2016-12-31	$NZ$0.15 B	18.33%
2015-12-31	$NZ$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.62 B	-7.51%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.05 B	206.37%	🇺🇸 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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MetroCity Bankshares (MCBS) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.67 Billion