Eastern Bankshares (EBC)

Net assets on the balance sheet as of September 2024 : A$5.84 Billion

According to Eastern Bankshares's latest financial reports the company has A$5.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eastern Bankshares - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$4.36 B	20.21%
2022-12-31	$A$3.63 B	-22.69%
2021-12-31	$A$4.69 B	5.39%
2020-12-31	$A$4.45 B	95.07%
2019-12-31	$A$2.28 B	12.34%
2018-12-31	$A$2.03 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	A$0.62 B	-89.31%	🇺🇸 USA
National Bank Holdings NBHC	A$2.05 B	-64.81%	🇺🇸 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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Eastern Bankshares (EBC) - Net assets

Net assets on the balance sheet as of September 2024 : A$5.84 Billion