TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : ₹183.67 Billion

According to TowneBank 's latest financial reports the company has ₹183.67 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	$₹171.14 B	9.5%
2022-12-31	$₹156.29 B	9.59%
2021-12-31	$₹142.62 B	9.32%
2020-12-31	$₹130.45 B	10.63%
2019-12-31	$₹117.92 B	9.63%
2018-12-31	$₹107.57 B	47.46%
2017-12-31	$₹72.94 B	-1.2%
2016-12-31	$₹73.83 B	35.47%
2015-12-31	$₹54.50 B	39.1%
2014-12-31	$₹39.18 B	8.36%
2013-12-31	$₹36.16 B	17.96%
2012-12-31	$₹30.65 B	11.34%
2011-12-31	$₹27.53 B	23.01%
2010-12-31	$₹22.38 B	3.89%
2009-12-31	$₹21.54 B	6.78%
2008-12-31	$₹20.17 B	100.15%
2007-12-31	$₹10.08 B	-1.05%
2006-12-31	$₹10.18 B	6.79%
2005-12-31	$₹9.53 B	16.84%
2004-12-31	$₹8.16 B	122.37%
2003-12-31	$₹3.67 B	8.08%
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	₹29.14 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	₹9.80 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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