Provident Bancorp (PVBC)

Net assets on the balance sheet as of June 2024 : HK$1.74 Billion

According to Provident Bancorp 's latest financial reports the company has HK$1.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Provident Bancorp - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.62 B	-11.05%
2021-12-31	$HK$1.82 B	-0.3%
2020-12-31	$HK$1.82 B	1.66%
2019-12-31	$HK$1.79 B	82.88%
2018-12-31	$HK$0.98 B	8.72%
2017-12-31	$HK$0.90 B	6.87%
2016-12-31	$HK$0.84 B	7.69%
2015-12-31	$HK$0.78 B	33.7%
2014-12-31	$HK$0.58 B	8.57%
2013-12-31	$HK$0.54 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$2.93 B	67.89%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.05 B	475.92%	🇺🇸 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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Provident Bancorp (PVBC) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.74 Billion