First Western Financial (MYFW)

Net assets on the balance sheet as of September 2024 : NZ$0.42 Billion

According to First Western Financial's latest financial reports the company has NZ$0.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

First Western Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.37 B	18.3%
2021-12-31	$NZ$0.32 B	49.32%
2020-12-31	$NZ$0.21 B	13.28%
2019-12-31	$NZ$0.18 B	8.8%
2018-12-31	$NZ$0.17 B	21.5%
2017-12-31	$NZ$0.14 B	3.55%
2016-12-31	$NZ$0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	NZ$0.64 B	51.36%	🇺🇸 USA
National Bank Holdings NBHC	NZ$2.21 B	419.23%	🇺🇸 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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First Western Financial (MYFW) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.42 Billion