FinWise Bancorp (FINW)

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

According to FinWise Bancorp's latest financial reports the company has S$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

FinWise Bancorp - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.18 B	20.65%
2021-12-31	$S$0.15 B	157.17%
2020-12-31	$S$60.68 M	36.01%
2019-12-31	$S$44.61 M

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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FinWise Bancorp (FINW) - Net assets