Sterling Bancorp (SBT)

Net assets on the balance sheet as of June 2024 : £0.26 Billion

According to Sterling Bancorp's latest financial reports the company has £0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$£0.25 B	1.51%
2021-12-31	$£0.25 B	8.57%
2020-12-31	$£0.23 B	-7.56%
2019-12-31	$£0.25 B	-3.9%
2018-12-31	$£0.26 B	30.53%
2017-12-31	$£0.20 B	53.76%
2016-12-31	$£0.13 B	43.01%
2015-12-31	$£91.96 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	£0.29 B	14.52%	🇺🇸 USA
National Bank Holdings NBHC	£1.02 B	292.86%	🇺🇸 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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Sterling Bancorp (SBT) - Net assets

Net assets on the balance sheet as of June 2024 : £0.26 Billion