Towne Bank/$TOWN
1D1W1MYTD1Y5YMAX
Capital at risk
About Towne Bank
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.
- Ticker
- $TOWN
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 2,932
- Headquarters
- Portsmouth, United States
- Website
- www.townebank.com
Towne Bank Metrics
BasicAdvanced
$3.4B
9.98
$3.76
0.70
$1.79
2.98%
Price and volume
Market cap
$3.4B
Beta
0.7
52-week high
$39.03
52-week low
$31.91
Average daily volume
513K
Dividend rate
$1.79
Financial strength
Dividend payout ratio (TTM)
47.76%
Profitability
Net profit margin (TTM)
28.56%
Operating margin (TTM)
45.82%
Effective tax rate (TTM)
22.09%
Revenue per employee (TTM)
$380,000
Management effectiveness
Return on assets (TTM)
1.57%
Return on equity (TTM)
12.22%
Valuation
Price to earnings (TTM)
9.983
Price to revenue (TTM)
2.841
Price to book
1.15
Price to tangible book (TTM)
1.64
Price to free cash flow (TTM)
24.09
Free cash flow yield (TTM)
4.15%
Free cash flow per share (TTM)
1.56
Dividend yield (TTM)
4.76%
Forward dividend yield
2.98%
Growth
Revenue change (TTM)
52.53%
Earnings per share change (TTM)
70.15%
3-year revenue growth (CAGR)
17.21%
3-year earnings per share growth (CAGR)
16.27%
10-year earnings per share growth (CAGR)
13.60%
3-year dividend per share growth (CAGR)
5.06%
10-year dividend per share growth (CAGR)
8.32%
What the Analysts think about Towne Bank
Analyst ratings (Buy, Hold, Sell) for Towne Bank stock.
Analyst projections of the future price of Towne Bank stock.
Bulls say / Bears say
Underlying net interest performance improved, with Q2 net interest margin expanding to 3.68% from 3.38%; total deposit costs also fell to 1.55% from 1.80%, supporting spread income. (GlobeNewswire)
The $250 million Resort Property Management sale generated an approximately $198.6 million pretax gain, lifted tangible book value per share to $22.60 from $21.80 year over year, and enabled a $0.70 special dividend. (GlobeNewswire)
TowneBank retains strong franchise and funding attributes: KBRA cited its leading Hampton Roads deposit position, roughly 30% noninterest-bearing deposits, diversified fee income exceeding 30% of revenue, and expects mid-single-digit loan growth and continued NIM expansion. (KBRA)
Core profitability weakened despite reported Q2 earnings growth: core EPS fell to $0.78 from $0.84 year over year, while core annualized ROE declined to 9.59% from 11.69%. (GlobeNewswire)
Credit metrics deteriorated year over year, with net charge-offs rising to 0.15% of average loans from below 0.01% and nonperforming assets increasing to 0.21% of assets from 0.05%; acquired indirect, SBA and other Dogwood loans were key contributors. (GlobeNewswire)
Mortgage profitability remains pressured: residential mortgage banking income declined year over year even as production increased, because gross mortgage-sale margins compressed to 2.97% from 3.13%. (GlobeNewswire)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Towne Bank Financial Performance
Revenues and expenses
Towne Bank Earnings Performance
Company profitability
Upcoming events
Funds containing Towne Bank
AllEURGBPUSD
Fund name | Fund size | $TOWN weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.11% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.06% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.06% |
L&G Global Quality Dividends£LDGG | £279M | 0.06% |
iShares MSCI World Small Cap$WSML | $9B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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