NB Bancorp (NBBK) - Net Assets

Net assets on the balance sheet as of September 2024 : S$1.01 Billion

According to NB Bancorp's latest financial reports the company has S$1.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NB Bancorp - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.00 B	117.03%
2022-12-31	$S$0.46 B	4.62%
2021-12-31	$S$0.44 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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NB Bancorp (NBBK) - Net assets