Truist Financial (TFC) - Net assets

Net assets on the balance sheet as of September 2024 : A$106.94 Billion

According to Truist Financial's latest financial reports the company has A$106.94 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	$A$86.97 B	-2.24%
2022-12-31	$A$88.95 B	-6.9%
2021-12-31	$A$95.54 B	3.61%
2020-12-31	$A$92.22 B	-2.99%
2019-12-31	$A$95.06 B	121.92%
2018-12-31	$A$42.83 B	12.62%
2017-12-31	$A$38.03 B	-8.38%
2016-12-31	$A$41.51 B	10.62%
2015-12-31	$A$37.52 B	26%
2014-12-31	$A$29.78 B	16.48%
2013-12-31	$A$25.57 B	25.21%
2012-12-31	$A$20.42 B	19.79%
2011-12-31	$A$17.04 B	4.96%
2010-12-31	$A$16.24 B	-10.16%
2009-12-31	$A$18.07 B	-20.68%
2008-12-31	$A$22.79 B	57.76%
2007-12-31	$A$14.44 B	-3.02%
2006-12-31	$A$14.89 B	-2.04%
2005-12-31	$A$15.20 B	8.24%
2004-12-31	$A$14.05 B	5.13%
2003-12-31	$A$13.36 B	1.93%
2002-12-31	$A$13.11 B	8.81%
2001-12-31	$A$12.05 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	A$0.63 B	-99.40%	🇺🇸 USA
National Bank Holdings NBHC	A$2.10 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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