TowneBank – NASDAQ:TOWN

TowneBank stock price today

$35.99
+1.57
+4.56%
Financial Health
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TowneBank stock price monthly change

+16.05%
month

TowneBank stock price quarterly change

+16.05%
quarter

TowneBank stock price yearly change

+11.57%
year

TowneBank key metrics

Market Cap
2.56B
Enterprise value
1.55B
P/E
17.37
EV/Sales
1.69
EV/EBITDA
29.90
Price/Sales
2.82
Price/Book
1.20
PEG ratio
1.53
EPS
2.01
Revenue
836.11M
EBITDA
122.69M
Income
150.06M
Revenue Q/Q
35.62%
Revenue Y/Y
18.57%
Profit margin
16.3%
Oper. margin
16.28%
Gross margin
109.33%
EBIT margin
16.28%
EBITDA margin
14.67%
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TowneBank stock price history

TowneBank stock forecast

TowneBank financial statements

TowneBank (NASDAQ:TOWN): Profit margin
Jun 2023 181.56M 41.71M 22.98%
Sep 2023 172.86M 44.86M 25.95%
Dec 2023 231.94M 28.80M 12.42%
Mar 2024 249.74M 34.68M 13.89%
TowneBank (NASDAQ:TOWN): Analyst Estimates
Dec 2023 231.94M 28.80M 12.42%
Mar 2024 249.74M 34.68M 13.89%
Sep 2025 198.28M 49.43M 24.93%
Dec 2025 192.39M 44.18M 22.97%
  • Analysts Price target

  • Financials & Ratios estimates

TowneBank (NASDAQ:TOWN): Earnings per share (EPS)
2024-10-23 0.56 0.58
2.17%
Yield TTM
TowneBank (NASDAQ:TOWN): Payout ratio
Payout ratio 50.2%
TowneBank (NASDAQ:TOWN): Dividend Yield
2019 2.46%
2020 3.08%
2021 2.41%
2022 2.8%
2023 3.21%
TowneBank (NASDAQ:TOWN): Debt to assets
Jun 2023 17225075000 1.00B 5.86%
Sep 2023 16680356000 359.71M 2.16%
Dec 2023 16835039000 14.77B 87.79%
Mar 2024 16884237000 14.81B 87.76%
TowneBank (NASDAQ:TOWN): Cash Flow
Jun 2023 34.49M -42.89M 402.13M
Sep 2023 104.44M 32.71M -557.66M
Dec 2023 43.21M -209.29M 78.68M
Mar 2024 39.30M -78.84M 12.29M

TowneBank alternative data

TowneBank (NASDAQ:TOWN): Employee count
Sep 2023 2,903
Oct 2023 2,903
Nov 2023 2,766
Dec 2023 2,830
Jan 2024 2,830
Feb 2024 2,830
Mar 2024 2,784
Apr 2024 2,784
May 2024 2,784
Jun 2024 2,743
Jul 2024 2,743

TowneBank other data

Insider Compensation
Mr. G. Robert Aston Jr. (1945) Executive Chairman
$1,440,000
Mr. J. Morgan Davis (1951) Chief Executive Officer & Director
$1,230,000
Mr. Brad E. Schwartz CPA (1963) Pres, Chief Operating Officer & Director
$943,600
Mr. William B. Littreal (1970) Senior EVice President, Chief Financial Officer & Director of Investor Relations
$793,340
Mr. William I. Foster III (1956) Pres of Central Virginia & the Carolinas
$476,690
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Seeking Alpha
  • What's the price of TowneBank stock today?

    One share of TowneBank stock can currently be purchased for approximately $35.99.

  • When is TowneBank's next earnings date?

    TowneBank is estimated to report earnings on Tuesday, 21 Oct 2025.

  • Does TowneBank pay dividends?

    Yes, TowneBank pays dividends and its trailing 12-month yield is 2.18% with 50% payout ratio. The last TowneBank stock dividend of $0.2 was paid on 12 Jan 2022.

  • How much money does TowneBank make?

    TowneBank has a market capitalization of 2.56B and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1.59% to 675.44M US dollars. TowneBank earned 153.72M US dollars in net income (profit) last year or $0.58 on an earnings per share basis.

  • What is TowneBank's stock symbol?

    TowneBank is traded on the NASDAQ under the ticker symbol "TOWN".

  • What is TowneBank's primary industry?

    Company operates in the Financial Services sector and Banks - Regional industry.

  • How do i buy shares of TowneBank?

    Shares of TowneBank can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are TowneBank's key executives?

    TowneBank's management team includes the following people:

    • Mr. G. Robert Aston Jr. Executive Chairman(age: 80, pay: $1,440,000)
    • Mr. J. Morgan Davis Chief Executive Officer & Director(age: 74, pay: $1,230,000)
    • Mr. Brad E. Schwartz CPA Pres, Chief Operating Officer & Director(age: 62, pay: $943,600)
    • Mr. William B. Littreal Senior EVice President, Chief Financial Officer & Director of Investor Relations(age: 55, pay: $793,340)
    • Mr. William I. Foster III Pres of Central Virginia & the Carolinas(age: 69, pay: $476,690)
  • How many employees does TowneBank have?

    As Jul 2024, TowneBank employs 2,743 workers, which is 1% less then previous quarter.

  • When TowneBank went public?

    TowneBank is publicly traded company for more then 26 years since IPO on 5 May 1999.

  • What is TowneBank's official website?

    The official website for TowneBank is townebank.com.

  • Where are TowneBank's headquarters?

    TowneBank is headquartered at 5716 High Street, Portsmouth, VA.

  • How can i contact TowneBank?

    TowneBank's mailing address is 5716 High Street, Portsmouth, VA and company can be reached via phone at +7 576387500.

TowneBank company profile:

TowneBank

townebank.com
Exchange:

NASDAQ

Full time employees:

2,724

Industry:

Banks - Regional

Sector:

Financial Services

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia.

5716 High Street
Portsmouth, VA 23703

:
ISIN: US89214P1093
CUSIP: 89214P109