TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of June 2024 : £1.59 B

According to TowneBank 's latest financial reports the company has £1.59 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TowneBank - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£1.61 B	3.36%
2022-12-31	$£1.56 B	10.27%
2021-12-31	$£1.41 B	8.35%
2020-12-31	$£1.30 B	4.86%
2019-12-31	$£1.24 B	3.35%
2018-12-31	$£1.20 B	42.63%
2017-12-31	$£0.84 B	-4%
2016-12-31	$£0.88 B	59.27%
2015-12-31	$£0.55 B	39.21%
2014-12-31	$£0.39 B	12.06%
2013-12-31	$£0.35 B	2.36%
2012-12-31	$£0.34 B	3.39%
2011-12-31	$£0.33 B	3.14%
2010-12-31	$£0.32 B	12.24%
2009-12-31	$£0.28 B	-0.64%
2008-12-31	$£0.29 B	126.3%
2007-12-31	$£0.12 B	9.55%
2006-12-31	$£0.11 B	-4.47%
2005-12-31	$£0.12 B	25.07%
2004-12-31	$£98.28 M	116.15%
2003-12-31	$£45.47 M	2.92%
2002-12-31	$£44.18 M	55.63%
2001-12-31	$£28.38 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	£0.26 B	-83.58%	🇺🇸 USA
Old Point Financial OPOF	£83.81 M	-94.74%	🇺🇸 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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