First Bancorp (FBNC) - Net assets

Net assets on the balance sheet as of June 2024 : C$1.95 Billion

According to First Bancorp 's latest financial reports the company has C$1.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.39 B	-10.74%
2021-12-31	$C$1.56 B	37.67%
2020-12-31	$C$1.13 B	2.33%
2019-12-31	$C$1.11 B	6.94%
2018-12-31	$C$1.04 B	19.49%
2017-12-31	$C$0.87 B	76.13%
2016-12-31	$C$0.49 B	4.21%
2015-12-31	$C$0.47 B	5.51%
2014-12-31	$C$0.44 B	13.64%
2013-12-31	$C$0.39 B	11.8%
2012-12-31	$C$0.35 B	0.86%
2011-12-31	$C$0.35 B	1.92%
2010-12-31	$C$0.34 B	-4.38%
2009-12-31	$C$0.36 B	34.76%
2008-12-31	$C$0.26 B	53.95%
2007-12-31	$C$0.17 B	-8.33%
2006-12-31	$C$0.18 B	4.48%
2005-12-31	$C$0.18 B	1.67%
2004-12-31	$C$0.17 B	-3.09%
2003-12-31	$C$0.18 B	-6.03%
2002-12-31	$C$0.19 B	5.31%
2001-12-31	$C$0.18 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
First Citizens BancShares FCNCA	C$31.27 B	1,501.25%	🇺🇸 USA
Peoples Bancorp of North Carolina PEBK	C$0.17 B	-91.15%	🇺🇸 USA
Zions Bancorporation ZION	C$8.37 B	329.03%	🇺🇸 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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