South Plains Financial (SPFI)

Net assets on the balance sheet as of June 2024 : $0.41 B

According to South Plains Financial's latest financial reports the company has $0.41 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	$$0.40 B	14.03%
2022-12-31	$$0.35 B	-12.37%
2021-12-31	$$0.40 B	10.1%
2020-12-31	$$0.37 B	20.86%
2019-12-31	$$0.30 B	98.07%
2018-12-31	$$0.15 B	-2.29%
2017-12-31	$$0.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	$0.35 B	-15.81%	🇺🇸 USA
National Bank Holdings NBHC	$1.24 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 : $0.41 B