VersaBank (VBNK) - Net Assets

Net assets on the balance sheet as of July 2024 : NZ$0.48 B

According to VersaBank's latest financial reports the company has NZ$0.48 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VersaBank - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-10-31	$NZ$0.46 B	5.71%
2022-10-31	$NZ$0.44 B	18.24%
2021-10-31	$NZ$0.37 B	29.44%
2020-10-31	$NZ$0.28 B	1.38%
2019-10-31	$NZ$0.28 B	9.37%
2018-10-31	$NZ$0.26 B	10.19%
2017-10-31	$NZ$0.23 B	21.88%
2016-10-31	$NZ$0.19 B	-1.75%
2015-10-31	$NZ$0.19 B	13.7%
2014-10-31	$NZ$0.17 B	12.78%
2013-10-31	$NZ$0.15 B	35.77%
2012-10-31	$NZ$0.11 B	-3.79%
2011-10-31	$NZ$0.11 B

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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VersaBank (VBNK) - Net assets