Stellar Bancorp (STEL)

Net assets on the balance sheet as of June 2024 : $1.56 B

According to Stellar Bancorp's latest financial reports the company has $1.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.52 B	9.97%
2022-12-31	$$1.38 B	69.41%
2021-12-31	$$0.81 B	49.41%
2020-12-31	$$0.54 B	2%
2019-12-31	$$0.53 B	9.86%
2018-12-31	$$0.48 B	9.28%
2017-12-31	$$0.44 B	24.77%
2016-12-31	$$0.35 B	3.87%
2015-12-31	$$0.34 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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Stellar Bancorp (STEL) - Net assets