Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of September 2024 : $0.12 Billion USD

According to Rhinebeck Bancorp's latest financial reports the company has $0.12 Billion USD 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	$$0.11 B	5.14%
2022-12-31	$$0.10 B	-14.16%
2021-12-31	$$0.12 B	8.13%
2020-12-31	$$0.11 B	6.02%
2019-12-31	$$0.10 B	85.37%
2018-12-31	$$59.27 M	7.82%
2017-12-31	$$54.97 M	4.68%
2016-12-31	$$52.51 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