TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of June 2024 : C$2.83 B

According to TowneBank 's latest financial reports the company has C$2.83 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	$C$2.72 B	6.39%
2022-12-31	$C$2.56 B	5.69%
2021-12-31	$C$2.42 B	6.61%
2020-12-31	$C$2.27 B	6.11%
2019-12-31	$C$2.14 B	2.15%
2018-12-31	$C$2.09 B	46.1%
2017-12-31	$C$1.43 B	-1.63%
2016-12-31	$C$1.46 B	28.2%
2015-12-31	$C$1.13 B	58.83%
2014-12-31	$C$0.71 B	15.16%
2013-12-31	$C$0.62 B	11.59%
2012-12-31	$C$0.55 B	5.39%
2011-12-31	$C$0.52 B	5.89%
2010-12-31	$C$0.50 B	2.21%
2009-12-31	$C$0.48 B	-4.63%
2008-12-31	$C$0.51 B	103.67%
2007-12-31	$C$0.25 B	-5.96%
2006-12-31	$C$0.26 B	8.51%
2005-12-31	$C$0.24 B	19.98%
2004-12-31	$C$0.20 B	94.6%
2003-12-31	$C$0.10 B	-5.52%
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$0.46 B	-83.58%	🇺🇸 USA
Old Point Financial OPOF	C$0.14 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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