TC Bancshares (TCBC)

Net assets on the balance sheet as of March 2024 : £61.85 Million

According to TC Bancshares's latest financial reports the company has £61.85 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TC Bancshares - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£62.5 M	-11.32%
2022-12-31	$£70.48 M	9.6%
2021-12-31	$£64.31 M	119.94%
2020-12-31	$£29.24 M	-3.63%
2019-12-31	$£30.34 M

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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TC Bancshares (TCBC) - Net assets