Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of September 2024 : NZ$0.21 Billion

According to Rhinebeck Bancorp's latest financial reports the company has NZ$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rhinebeck Bancorp - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.17 B	5.55%
2022-12-31	$NZ$0.17 B	-7.65%
2021-12-31	$NZ$0.18 B	14.22%
2020-12-31	$NZ$0.16 B	-1.04%
2019-12-31	$NZ$0.16 B	84.63%
2018-12-31	$NZ$88.37 M	14.16%
2017-12-31	$NZ$77.41 M	2.1%
2016-12-31	$NZ$75.81 M

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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Rhinebeck Bancorp (RBKB) - Net assets