TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : A$3.46 Billion

According to TowneBank 's latest financial reports the company has A$3.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TowneBank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.01 B	8.72%
2022-12-31	$A$2.77 B	5.01%
2021-12-31	$A$2.64 B	13.93%
2020-12-31	$A$2.31 B	-1.78%
2019-12-31	$A$2.36 B	8.16%
2018-12-31	$A$2.18 B	49.22%
2017-12-31	$A$1.46 B	-2.92%
2016-12-31	$A$1.50 B	33.88%
2015-12-31	$A$1.12 B	49.03%
2014-12-31	$A$0.75 B	15.13%
2013-12-31	$A$0.65 B	21.8%
2012-12-31	$A$0.53 B	6.13%
2011-12-31	$A$0.50 B	3.23%
2010-12-31	$A$0.49 B	-4.86%
2009-12-31	$A$0.51 B	-13.12%
2008-12-31	$A$0.59 B	102.51%
2007-12-31	$A$0.29 B	0.69%
2006-12-31	$A$0.29 B	0.72%
2005-12-31	$A$0.28 B	18.92%
2004-12-31	$A$0.24 B	124.55%
2003-12-31	$A$0.10 B	-13.72%
2002-12-31	$A$0.12 B	55.9%
2001-12-31	$A$80.65 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	A$0.54 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	A$0.18 B	-94.66%	🇺🇸 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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