Sterling Bancorp (SBT)

Net assets on the balance sheet as of June 2024 : NZ$0.56 Billion

According to Sterling Bancorp's latest financial reports the company has NZ$0.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sterling Bancorp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.49 B	-2.12%
2021-12-31	$NZ$0.50 B	13.58%
2020-12-31	$NZ$0.44 B	-10.32%
2019-12-31	$NZ$0.49 B	-1.13%
2018-12-31	$NZ$0.49 B	29.8%
2017-12-31	$NZ$0.38 B	64.27%
2016-12-31	$NZ$0.23 B	17.65%
2015-12-31	$NZ$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.64 B	14.52%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.21 B	292.86%	🇺🇸 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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Sterling Bancorp (SBT) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.56 Billion