Merchants Bancorp (MBIN)

Net assets on the balance sheet as of June 2024 : C$2.66 Billion

According to Merchants Bancorp's latest financial reports the company has C$2.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$2.25 B	13.91%
2022-12-31	$C$1.98 B	34.52%
2021-12-31	$C$1.47 B	42.46%
2020-12-31	$C$1.03 B	21.06%
2019-12-31	$C$0.85 B	48.8%
2018-12-31	$C$0.57 B	24.2%
2017-12-31	$C$0.46 B	66.66%
2016-12-31	$C$0.27 B	34.85%
2015-12-31	$C$0.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	C$0.53 B	-80.05%	🇺🇸 USA
National Bank Holdings NBHC	C$1.82 B	-31.57%	🇺🇸 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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Merchants Bancorp (MBIN) - Net assets

Net assets on the balance sheet as of June 2024 : C$2.66 Billion