Ponce Financial Group (PDLB)

Net assets on the balance sheet as of June 2024 : HK$3.87 Billion

According to Ponce Financial Group's latest financial reports the company has HK$3.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ponce Financial Group - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$3.84 B	160.86%
2021-12-31	$HK$1.47 B	19.32%
2020-12-31	$HK$1.23 B	0.26%
2019-12-31	$HK$1.23 B	-6.88%
2018-12-31	$HK$1.32 B	2.9%
2017-12-31	$HK$1.28 B	78.54%
2016-12-31	$HK$0.72 B	2.17%
2015-12-31	$HK$0.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
New York Community Bank NYCB	HK$65.37 B	1,587.31%	🇺🇸 USA
Northwest Bank NWBI	HK$12.38 B	219.76%	🇺🇸 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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Ponce Financial Group (PDLB) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.87 Billion