Fifth Third Bank (FITB) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$32.19 Billion

According to Fifth Third Bank 's latest financial reports the company has NZ$32.19 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	$NZ$30.31 B	11.09%
2022-12-31	$NZ$27.29 B	-16.07%
2021-12-31	$NZ$32.51 B	1.52%
2020-12-31	$NZ$32.03 B	1.74%
2019-12-31	$NZ$31.48 B	29.96%
2018-12-31	$NZ$24.22 B	6.07%
2017-12-31	$NZ$22.83 B	-2.54%
2016-12-31	$NZ$23.43 B	1.06%
2015-12-31	$NZ$23.18 B	15.98%
2014-12-31	$NZ$19.99 B	12.33%
2013-12-31	$NZ$17.79 B	6.38%
2012-12-31	$NZ$16.73 B	-1.45%
2011-12-31	$NZ$16.97 B	-6.97%
2010-12-31	$NZ$18.25 B	-1.79%
2009-12-31	$NZ$18.58 B	-10.71%
2008-12-31	$NZ$20.81 B	74.01%
2007-12-31	$NZ$11.95 B	-15.93%
2006-12-31	$NZ$14.22 B	2.94%
2005-12-31	$NZ$13.82 B	10.5%
2004-12-31	$NZ$12.50 B	-6.2%
2003-12-31	$NZ$13.33 B	-21.92%
2002-12-31	$NZ$17.07 B	-12.03%
2001-12-31	$NZ$19.40 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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