Market closed
Towne Bank/$TOWN
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Towne Bank
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.
Ticker
$TOWN
Sector
Trading on
Industry
Banks
Headquarters
Employees
2,720
Website
Towne Bank Metrics
BasicAdvanced
$2.3B
14.24
$2.15
0.90
$1.00
3.27%
Price and volume
Market cap
$2.3B
Beta
0.9
52-week high
$38.01
52-week low
$25.70
Average daily volume
282K
Dividend rate
$1.00
Financial strength
Dividend payout ratio (TTM)
46.38%
Management effectiveness
Return on assets (TTM)
0.95%
Return on equity (TTM)
7.73%
Valuation
Price to earnings (TTM)
14.237
Price to revenue (TTM)
3.303
Price to book
1.06
Price to tangible book (TTM)
1.4
Price to free cash flow (TTM)
28.284
Dividend yield (TTM)
3.27%
Forward dividend yield
3.27%
Growth
Revenue change (TTM)
2.79%
Earnings per share change (TTM)
4.41%
3-year revenue growth (CAGR)
-0.13%
3-year earnings per share growth (CAGR)
-10.21%
3-year dividend per share growth (CAGR)
8.63%
What the Analysts think about Towne Bank
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for Towne Bank stock.
Towne Bank Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Towne Bank Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Towne Bank News
AllArticlesVideos
TowneBank and Old Point Financial Corporation Announce Agreement to Merge
GlobeNewsWire·3 days ago
TowneBank Announces Completion of Village Bank and Trust Financial Corp. Merger
GlobeNewsWire·5 days ago
TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger
GlobeNewsWire·4 weeks ago
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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Market closed
Upcoming events
Apr11
Towne Bank
Dividend·Payment
$0.25
Per share
FAQs
What’s the current market cap for Towne Bank stock?
Towne Bank (TOWN) has a market cap of $2.3B as of April 06, 2025.
What is the P/E ratio for Towne Bank stock?
The price to earnings (P/E) ratio for Towne Bank (TOWN) stock is 14.24 as of April 06, 2025.
Does Towne Bank stock pay dividends?
Yes, the Towne Bank (TOWN) stock pays dividends to shareholders. As of April 06, 2025, the dividend rate is $1 and the yield is 3.27%. Towne Bank has a payout ratio of 46.38% on a trailing twelve-month basis.
When is the next Towne Bank dividend payment date?
The next Towne Bank (TOWN) dividend payment is scheduled for April 11, 2025.
What is the beta indicator for Towne Bank?
Towne Bank (TOWN) has a beta rating of 0.9. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
