Preferred Bank (PFBC) - Net assets

Net assets on the balance sheet as of September 2024 : $0.75 Billion USD

According to Preferred Bank's latest financial reports the company has $0.75 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Preferred Bank - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.63 B	7.45%
2021-12-31	$$0.58 B	11.66%
2020-12-31	$$0.52 B	11.79%
2019-12-31	$$0.47 B	12.81%
2018-12-31	$$0.41 B	17.36%
2017-12-31	$$0.35 B	19.11%
2016-12-31	$$0.29 B	12.84%
2015-12-31	$$0.26 B	12.39%
2014-12-31	$$0.23 B	13.59%
2013-12-31	$$0.20 B	10.16%
2012-12-31	$$0.18 B	18.85%
2011-12-31	$$0.15 B	11.83%
2010-12-31	$$0.14 B	65.55%
2009-12-31	$$85.37 M	-37.91%
2008-12-31	$$0.13 B	-10.11%
2007-12-31	$$0.15 B	4.81%
2006-12-31	$$0.14 B	17.83%
2005-12-31	$$0.12 B	61.24%
2004-12-31	$$76.8 M
2002-12-31	$$59.91 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hanmi Financial HAFC	$0.73 B	-1.79%	🇺🇸 USA
Central Valley Community Bancorp CVCY	$0.21 B	-71.78%	🇺🇸 USA
Pacific Premier Bancorp PPBI	$2.94 B	292.46%	🇺🇸 USA
Heritage Commerce HTBK	$0.68 B	-8.63%	🇺🇸 USA
TriCo Bancshares TCBK	$1.23 B	65.18%	🇺🇸 USA
CVB Financial CVBF	$2.19 B	193.00%	🇺🇸 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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