Luther Burbank (LBC) - Net assets

Net assets on the balance sheet as of September 2023 : S$0.88 Billion

According to Luther Burbank's latest financial reports the company has S$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luther Burbank - Net assets on balance sheet (from 2016 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.91 B	1.15%
2021-12-31	$S$0.90 B	11.42%
2020-12-31	$S$0.81 B	-2%
2019-12-31	$S$0.82 B	4.34%
2018-12-31	$S$0.79 B	7.98%
2017-12-31	$S$0.73 B	25.64%
2016-12-31	$S$0.58 B	11.43%
2015-12-31	$S$0.52 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	S$0.65 B	-26.09%	🇺🇸 USA
National Bank Holdings NBHC	S$1.74 B	97.83%	🇺🇸 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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