TowneBank (TOWN) - Net assets

Net assets on the balance sheet as of June 2024 : $2.08 B

According to TowneBank 's latest financial reports the company has $2.08 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	$$2.05 B	8.85%
2022-12-31	$$1.88 B	-1.43%
2021-12-31	$$1.91 B	7.42%
2020-12-31	$$1.78 B	7.87%
2019-12-31	$$1.65 B	7.49%
2018-12-31	$$1.53 B	34.65%
2017-12-31	$$1.14 B	5.15%
2016-12-31	$$1.08 B	32.48%
2015-12-31	$$0.82 B	32.66%
2014-12-31	$$0.61 B	5.63%
2013-12-31	$$0.58 B	4.54%
2012-12-31	$$0.55 B	7.57%
2011-12-31	$$0.52 B	4.2%
2010-12-31	$$0.49 B	7.58%
2009-12-31	$$0.46 B	10.62%
2008-12-31	$$0.41 B	63.42%
2007-12-31	$$0.25 B	11.67%
2006-12-31	$$0.23 B	8.51%
2005-12-31	$$0.21 B	12.45%
2004-12-31	$$0.18 B	133.78%
2003-12-31	$$80.64 M	13.83%
2002-12-31	$$70.84 M	72.1%
2001-12-31	$$41.16 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American National Bank & Trust Company AMNB	$0.34 B	-83.58%	🇺🇸 USA
Old Point Financial OPOF	$0.10 B	-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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