TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of June 2024 : A$3.13 B

According to TowneBank 's latest financial reports the company has A$3.13 B 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	5.32%
2021-12-31	$A$2.63 B	13.84%
2020-12-31	$A$2.31 B	-1.59%
2019-12-31	$A$2.35 B	7.76%
2018-12-31	$A$2.18 B	49.17%
2017-12-31	$A$1.46 B	-2.92%
2016-12-31	$A$1.50 B	33.87%
2015-12-31	$A$1.12 B	49.34%
2014-12-31	$A$0.75 B	14.9%
2013-12-31	$A$0.65 B	21.52%
2012-12-31	$A$0.54 B	6.38%
2011-12-31	$A$0.50 B	2.89%
2010-12-31	$A$0.49 B	-4.97%
2009-12-31	$A$0.51 B	-14.58%
2008-12-31	$A$0.60 B	106.76%
2007-12-31	$A$0.29 B	0.74%
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$0.51 B	-83.58%	🇺🇸 USA
Old Point Financial OPOF	A$0.16 B	-94.74%	🇺🇸 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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