Truist Financial (TFC) - Net assets

Net assets on the balance sheet as of September 2024 : HK$511.32 Billion

According to Truist Financial's latest financial reports the company has HK$511.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Truist Financial - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$462.76 B	-2.16%
2022-12-31	$HK$472.99 B	-12.43%
2021-12-31	$HK$540.14 B	-1.74%
2020-12-31	$HK$549.72 B	6.05%
2019-12-31	$HK$518.36 B	119.35%
2018-12-31	$HK$236.32 B	1.86%
2017-12-31	$HK$232.00 B	-0.02%
2016-12-31	$HK$232.06 B	9.51%
2015-12-31	$HK$211.90 B	12.07%
2014-12-31	$HK$189.07 B	6.9%
2013-12-31	$HK$176.86 B	7.52%
2012-12-31	$HK$164.50 B	21.17%
2011-12-31	$HK$135.76 B	5.74%
2010-12-31	$HK$128.39 B	1.96%
2009-12-31	$HK$125.92 B	1.34%
2008-12-31	$HK$124.26 B	26.17%
2007-12-31	$HK$98.49 B	7.82%
2006-12-31	$HK$91.34 B	5.86%
2005-12-31	$HK$86.28 B	2.11%
2004-12-31	$HK$84.50 B	9.74%
2003-12-31	$HK$77.00 B	33.66%
2002-12-31	$HK$57.61 B	20.14%
2001-12-31	$HK$47.95 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	HK$3.05 B	-99.40%	🇺🇸 USA
National Bank Holdings NBHC	HK$10.05 B	-98.03%	🇺🇸 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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