TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$3.70 Billion

According to TowneBank 's latest financial reports the company has NZ$3.70 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	$NZ$3.25 B	9.28%
2022-12-31	$NZ$2.97 B	6.04%
2021-12-31	$NZ$2.80 B	13.47%
2020-12-31	$NZ$2.47 B	0.68%
2019-12-31	$NZ$2.45 B	7.06%
2018-12-31	$NZ$2.29 B	42.57%
2017-12-31	$NZ$1.60 B	2.56%
2016-12-31	$NZ$1.56 B	30.89%
2015-12-31	$NZ$1.19 B	51.87%
2014-12-31	$NZ$0.78 B	10.79%
2013-12-31	$NZ$0.71 B	4.66%
2012-12-31	$NZ$0.68 B	2.05%
2011-12-31	$NZ$0.66 B	3%
2010-12-31	$NZ$0.64 B	1.28%
2009-12-31	$NZ$0.63 B	-11.62%
2008-12-31	$NZ$0.72 B	115.71%
2007-12-31	$NZ$0.33 B	2.7%
2006-12-31	$NZ$0.32 B	5.27%
2005-12-31	$NZ$0.31 B	17.39%
2004-12-31	$NZ$0.26 B	112.97%
2003-12-31	$NZ$0.12 B	-8.35%
2002-12-31	$NZ$0.13 B	36.55%
2001-12-31	$NZ$99.12 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	NZ$0.58 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	NZ$0.18 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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