First Western Financial (MYFW)

Net assets on the balance sheet as of June 2024 : S$0.32 B

According to First Western Financial's latest financial reports the company has S$0.32 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

First Western Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.32 B	9.31%
2021-12-31	$S$0.29 B	44.19%
2020-12-31	$S$0.20 B	19.32%
2019-12-31	$S$0.17 B	7.84%
2018-12-31	$S$0.15 B	16.88%
2017-12-31	$S$0.13 B	-1.89%
2016-12-31	$S$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	S$0.45 B	42.55%	🇺🇸 USA
National Bank Holdings NBHC	S$1.62 B	405.37%	🇺🇸 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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First Western Financial (MYFW) - Net assets

Net assets on the balance sheet as of June 2024 : S$0.32 B