South Plains Financial (SPFI)

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

According to South Plains Financial's latest financial reports the company has NZ$0.67 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

South Plains Financial - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.64 B	14.48%
2022-12-31	$NZ$0.56 B	-5.48%
2021-12-31	$NZ$0.59 B	15.62%
2020-12-31	$NZ$0.51 B	13.36%
2019-12-31	$NZ$0.45 B	97.05%
2018-12-31	$NZ$0.23 B	3.4%
2017-12-31	$NZ$0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.56 B	-15.81%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.01 B	198.49%	🇺🇸 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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South Plains Financial (SPFI) - Net assets

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