TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of June 2024 : ₹175.28 B

According to TowneBank 's latest financial reports the company has ₹175.28 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	$₹171.14 B	9.5%
2022-12-31	$₹156.29 B	9.45%
2021-12-31	$₹142.79 B	9.64%
2020-12-31	$₹130.24 B	10.64%
2019-12-31	$₹117.70 B	10%
2018-12-31	$₹107.01 B	46.69%
2017-12-31	$₹72.94 B	-1.2%
2016-12-31	$₹73.83 B	35.48%
2015-12-31	$₹54.49 B	39.28%
2014-12-31	$₹39.12 B	8.17%
2013-12-31	$₹36.17 B	17.98%
2012-12-31	$₹30.65 B	11.35%
2011-12-31	$₹27.53 B	22.95%
2010-12-31	$₹22.39 B	3.54%
2009-12-31	$₹21.62 B	3.65%
2008-12-31	$₹20.86 B	106.03%
2007-12-31	$₹10.12 B	-0.58%
2006-12-31	$₹10.18 B	6.79%
2005-12-31	$₹9.53 B	28.66%
2004-12-31	$₹7.41 B	101.57%
2003-12-31	$₹3.67 B	8.28%
2002-12-31	$₹3.39 B	71.04%
2001-12-31	$₹1.98 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	₹28.78 B	-83.58%	🇺🇸 USA
Old Point Financial OPOF	₹9.22 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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