Netwealth Group (ASX:NWL) Other Assets for Banks : A$133.0 Mil (As of Dec. 2023)

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What is Netwealth Group Other Assets for Banks?

Netwealth Group's quarterly other assets (bank) increased from Dec. 2022 (A$112.6 Mil) to Jun. 2023 (A$123.3 Mil) and increased from Jun. 2023 (A$123.3 Mil) to Dec. 2023 (A$133.0 Mil).

Netwealth Group's annual other assets (bank) increased from Jun. 2021 (A$98.5 Mil) to Jun. 2022 (A$103.1 Mil) and increased from Jun. 2022 (A$103.1 Mil) to Jun. 2023 (A$123.3 Mil).

Netwealth Group Other Assets for Banks Historical Data

The historical data trend for Netwealth Group's Other Assets for Banks 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.

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Netwealth Group Other Assets for Banks Chart

Netwealth Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Other Assets for Banks

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69.94

94.92

98.47

103.06

123.27

Netwealth Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Assets for Banks	Get a 7-Day Free Trial								101.23	103.06	112.62	123.27	133.02

Netwealth Group Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

Netwealth Group (ASX:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netwealth Group Ltd (ASX:NWL) » Definitions » Other Assets for Banks

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.netwealth.com.au

Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.