Fifth Third Bank (FITB) - Net assets

Net assets on the balance sheet as of September 2024 : A$32.85 Billion

According to Fifth Third Bank 's latest financial reports the company has A$32.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fifth Third Bank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$28.14 B	10.52%
2022-12-31	$A$25.46 B	-16.89%
2021-12-31	$A$30.63 B	1.93%
2020-12-31	$A$30.05 B	-0.75%
2019-12-31	$A$30.28 B	31.29%
2018-12-31	$A$23.06 B	11.03%
2017-12-31	$A$20.77 B	-7.74%
2016-12-31	$A$22.51 B	3.37%
2015-12-31	$A$21.78 B	13.81%
2014-12-31	$A$19.14 B	16.73%
2013-12-31	$A$16.39 B	23.8%
2012-12-31	$A$13.24 B	2.49%
2011-12-31	$A$12.92 B	-6.77%
2010-12-31	$A$13.86 B	-7.74%
2009-12-31	$A$15.02 B	-12.23%
2008-12-31	$A$17.11 B	63.36%
2007-12-31	$A$10.47 B	-17.58%
2006-12-31	$A$12.71 B	-1.52%
2005-12-31	$A$12.90 B	11.95%
2004-12-31	$A$11.53 B	-1.1%
2003-12-31	$A$11.66 B	-26.49%
2002-12-31	$A$15.86 B	0.43%
2001-12-31	$A$15.79 B

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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