Richmond Mutual Bancorporation (RMBI)

Net assets on the balance sheet as of June 2024 : NZ$0.22 Billion

According to Richmond Mutual Bancorporation's latest financial reports the company has NZ$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richmond Mutual Bancorporation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.20 B	-20.73%
2021-12-31	$NZ$0.26 B	-1.07%
2020-12-31	$NZ$0.26 B	-4.21%
2019-12-31	$NZ$0.27 B	117.85%
2018-12-31	$NZ$0.12 B	11.13%
2017-12-31	$NZ$0.11 B

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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Richmond Mutual Bancorporation (RMBI) - Net assets