Pioneer Bancorp (PBFS)

Net assets on the balance sheet as of June 2024 : NZ$0.50 Billion

According to Pioneer Bancorp's latest financial reports the company has NZ$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pioneer Bancorp - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$0.43 B	12.79%
2022-06-30	$NZ$0.38 B	14.55%
2021-06-30	$NZ$0.34 B	-2.36%
2020-06-30	$NZ$0.34 B	90.03%
2019-06-30	$NZ$0.18 B	5.18%
2018-06-30	$NZ$0.17 B	22.52%
2017-06-30	$NZ$0.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.64 B	27.01%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.20 B	335.71%	🇺🇸 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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Pioneer Bancorp (PBFS) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.50 Billion