Ponce Financial Group (PDLB)

Net assets on the balance sheet as of June 2024 : NZ$0.85 Billion

According to Ponce Financial Group's latest financial reports the company has NZ$0.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ponce Financial Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.77 B	180.08%
2021-12-31	$NZ$0.27 B	25.31%
2020-12-31	$NZ$0.22 B	-5.99%
2019-12-31	$NZ$0.23 B	-6.74%
2018-12-31	$NZ$0.25 B	8.7%
2017-12-31	$NZ$0.23 B	72.83%
2016-12-31	$NZ$0.13 B	0.9%
2015-12-31	$NZ$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
New York Community Bank NYCB	NZ$14.38 B	1,587.31%	🇺🇸 USA
Northwest Bank NWBI	NZ$2.72 B	219.76%	🇺🇸 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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Ponce Financial Group (PDLB) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.85 Billion