TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of September 2024 : £1.70 Billion

According to TowneBank 's latest financial reports the company has £1.70 Billion 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	9.98%
2021-12-31	$£1.41 B	8.47%
2020-12-31	$£1.30 B	3.77%
2019-12-31	$£1.26 B	4.05%
2018-12-31	$£1.21 B	43.37%
2017-12-31	$£0.84 B	-4%
2016-12-31	$£0.88 B	59.1%
2015-12-31	$£0.55 B	39.37%
2014-12-31	$£0.39 B	11.91%
2013-12-31	$£0.35 B	2.44%
2012-12-31	$£0.34 B	3.44%
2011-12-31	$£0.33 B	3.49%
2010-12-31	$£0.32 B	12.77%
2009-12-31	$£0.28 B	0.18%
2008-12-31	$£0.28 B	121.52%
2007-12-31	$£0.12 B	10.1%
2006-12-31	$£0.11 B	-4.47%
2005-12-31	$£0.12 B	25.18%
2004-12-31	$£98.19 M	117.83%
2003-12-31	$£45.08 M	2.03%
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	£0.27 B	-84.13%	🇺🇸 USA
Old Point Financial OPOF	£86.7 M	-94.91%	🇺🇸 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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