Towne Bank (Towne Bank) Total Equity : $2,055.9 Mil (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Towne Bank Total Equity?

Towne Bank's total equity for the quarter that ended in Dec. 2023 was $2,055.9 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Towne Bank Total Equity Historical Data

The historical data trend for Towne Bank's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Towne Bank Total Equity Chart

Towne Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

Get a 7-Day Free Trial

1,653.69

1,783.83

1,916.17

1,888.76

2,055.88

Towne Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Equity	Get a 7-Day Free Trial															1,888.76	1,989.90	1,990.50	1,984.21	2,055.88

Towne Bank Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Towne Bank's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	16835.039	-	14779.161
	=	2,055.9

Towne Bank's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	16835.039	-	14779.161
	=	2,055.9

Towne Bank Total Equity Related Terms

Thank you for viewing the detailed overview of Towne Bank's Total Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Towne Bank (Towne Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5716 High Street, Portsmouth, VA, USA, 23703

Website

https://www.townebank.com

Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.