Truist Financial (TFC) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$111.95 Billion

According to Truist Financial's latest financial reports the company has NZ$111.95 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	$NZ$93.69 B	-1.73%
2022-12-31	$NZ$95.34 B	-5.98%
2021-12-31	$NZ$101.41 B	3.19%
2020-12-31	$NZ$98.27 B	-0.56%
2019-12-31	$NZ$98.82 B	119.67%
2018-12-31	$NZ$44.98 B	7.6%
2017-12-31	$NZ$41.81 B	-3.22%
2016-12-31	$NZ$43.20 B	8.15%
2015-12-31	$NZ$39.94 B	28.39%
2014-12-31	$NZ$31.11 B	12.09%
2013-12-31	$NZ$27.75 B	7.59%
2012-12-31	$NZ$25.79 B	15.19%
2011-12-31	$NZ$22.39 B	4.73%
2010-12-31	$NZ$21.38 B	-4.36%
2009-12-31	$NZ$22.36 B	-19.31%
2008-12-31	$NZ$27.71 B	68.03%
2007-12-31	$NZ$16.49 B	-1.08%
2006-12-31	$NZ$16.67 B	2.39%
2005-12-31	$NZ$16.28 B	6.84%
2004-12-31	$NZ$15.23 B	-0.29%
2003-12-31	$NZ$15.28 B	8.26%
2002-12-31	$NZ$14.11 B	-4.69%
2001-12-31	$NZ$14.81 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.64 B	-99.43%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.20 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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