Stellar Bancorp (STEL)

Net assets on the balance sheet as of September 2024 : NZ$2.78 Billion

According to Stellar Bancorp's latest financial reports the company has NZ$2.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.40 B	10.4%
2022-12-31	$NZ$2.17 B	82.26%
2021-12-31	$NZ$1.19 B	57.83%
2020-12-31	$NZ$0.75 B	-4.79%
2019-12-31	$NZ$0.79 B	9.42%
2018-12-31	$NZ$0.72 B	15.7%
2017-12-31	$NZ$0.62 B	21.69%
2016-12-31	$NZ$0.51 B	2.63%
2015-12-31	$NZ$0.50 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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Stellar Bancorp (STEL) - Net assets