TowneBank (TOWN) - Cash on Hand

Cash on Hand as of September 2022 : NZ$2.46 Billion

According to TowneBank 's latest financial reports the company has NZ$2.46 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

TowneBank - Cash on Hand chart (from 2001 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$4.82 B	86.8%
2020-12-31	NZ$2.58 B	293.14%
2019-12-31	NZ$0.65 B	-35.8%
2018-12-31	NZ$1.02 B	44.01%
2017-12-31	NZ$0.71 B	260.63%
2016-12-31	NZ$0.19 B	-46.43%
2015-12-31	NZ$0.36 B	34.72%
2014-12-31	NZ$0.27 B	9.6%
2013-12-31	NZ$0.24 B	58.56%
2012-12-31	NZ$0.15 B	-60.95%
2011-12-31	NZ$0.40 B	106.37%
2010-12-31	NZ$0.19 B	118.88%
2009-12-31	NZ$89.11 M	-25.86%
2008-12-31	NZ$0.12 B	32.78%
2007-12-31	NZ$90.51 M	25.6%
2006-12-31	NZ$72.06 M	-9.89%
2005-12-31	NZ$79.97 M	60.43%
2004-12-31	NZ$49.84 M	3.57%
2003-12-31	NZ$48.13 M	-36.04%
2002-12-31	NZ$75.24 M	79.34%
2001-12-31	NZ$41.96 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American National Bank & Trust Company AMNB	NZ$0.12 B	-94.90%	🇺🇸 USA
Old Point Financial OPOF	NZ$32.95 M	-98.66%	🇺🇸 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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