TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : C$3.10 Billion

According to TowneBank 's latest financial reports the company has C$3.10 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	$C$2.72 B	6.39%
2022-12-31	$C$2.56 B	4.95%
2021-12-31	$C$2.44 B	7.37%
2020-12-31	$C$2.27 B	5.31%
2019-12-31	$C$2.15 B	3.06%
2018-12-31	$C$2.09 B	45.89%
2017-12-31	$C$1.43 B	-1.63%
2016-12-31	$C$1.46 B	28.34%
2015-12-31	$C$1.13 B	58.58%
2014-12-31	$C$0.71 B	15.15%
2013-12-31	$C$0.62 B	11.91%
2012-12-31	$C$0.55 B	5.16%
2011-12-31	$C$0.52 B	6.03%
2010-12-31	$C$0.49 B	2.2%
2009-12-31	$C$0.48 B	-4.28%
2008-12-31	$C$0.51 B	99.18%
2007-12-31	$C$0.25 B	-4.32%
2006-12-31	$C$0.26 B	8.51%
2005-12-31	$C$0.24 B	9%
2004-12-31	$C$0.22 B	116.46%
2003-12-31	$C$0.10 B	-6.51%
2002-12-31	$C$0.11 B	70.63%
2001-12-31	$C$65.57 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	C$0.49 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	C$0.16 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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