Truist Financial (TFC) - Net assets

Net assets on the balance sheet as of June 2024 : $63.82 Billion USD

According to Truist Financial's latest financial reports the company has $63.82 Billion USD 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	$$59.25 B	-2.12%
2022-12-31	$$60.53 B	-12.61%
2021-12-31	$$69.27 B	-2.31%
2020-12-31	$$70.91 B	6.54%
2019-12-31	$$66.55 B	120.55%
2018-12-31	$$30.17 B	1.63%
2017-12-31	$$29.69 B	-0.77%
2016-12-31	$$29.92 B	9.46%
2015-12-31	$$27.34 B	12.15%
2014-12-31	$$24.37 B	6.87%
2013-12-31	$$22.80 B	7.47%
2012-12-31	$$21.22 B	21.41%
2011-12-31	$$17.48 B	5.95%
2010-12-31	$$16.49 B	1.58%
2009-12-31	$$16.24 B	0.99%
2008-12-31	$$16.08 B	27.3%
2007-12-31	$$12.63 B	7.55%
2006-12-31	$$11.74 B	5.54%
2005-12-31	$$11.12 B	2.35%
2004-12-31	$$10.87 B	9.45%
2003-12-31	$$9.93 B	34.47%
2002-12-31	$$7.38 B	20.12%
2001-12-31	$$6.15 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	$0.37 B	-99.41%	🇺🇸 USA
National Bank Holdings NBHC	$1.24 B	-98.05%	🇺🇸 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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