TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : HK$16.82 Billion

According to TowneBank 's latest financial reports the company has HK$16.82 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	$HK$16.05 B	8.8%
2022-12-31	$HK$14.75 B	-1.23%
2021-12-31	$HK$14.94 B	8.05%
2020-12-31	$HK$13.82 B	7.37%
2019-12-31	$HK$12.87 B	6.91%
2018-12-31	$HK$12.04 B	34.96%
2017-12-31	$HK$8.92 B	5.94%
2016-12-31	$HK$8.42 B	32.54%
2015-12-31	$HK$6.35 B	32.56%
2014-12-31	$HK$4.79 B	5.66%
2013-12-31	$HK$4.53 B	4.59%
2012-12-31	$HK$4.33 B	7.35%
2011-12-31	$HK$4.04 B	3.99%
2010-12-31	$HK$3.88 B	7.97%
2009-12-31	$HK$3.60 B	10.99%
2008-12-31	$HK$3.24 B	61.97%
2007-12-31	$HK$2.00 B	11.95%
2006-12-31	$HK$1.78 B	8.84%
2005-12-31	$HK$1.64 B	12.19%
2004-12-31	$HK$1.46 B	134.38%
2003-12-31	$HK$0.62 B	13.14%
2002-12-31	$HK$0.55 B	72.12%
2001-12-31	$HK$0.32 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	HK$2.67 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	HK$0.85 B	-94.91%	🇺🇸 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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