Stellar Bancorp (STEL)

Net assets on the balance sheet as of September 2024 : A$2.50 Billion

According to Stellar Bancorp's latest financial reports the company has A$2.50 Billion 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	$A$2.23 B	9.84%
2022-12-31	$A$2.03 B	80.48%
2021-12-31	$A$1.12 B	58.47%
2020-12-31	$A$0.71 B	-7.12%
2019-12-31	$A$0.76 B	10.54%
2018-12-31	$A$0.69 B	21.11%
2017-12-31	$A$0.57 B	15.2%
2016-12-31	$A$0.49 B	4.97%
2015-12-31	$A$0.47 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