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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
Trading on

Industry

Banks

Employees

2,838

Towne Bank Metrics

BasicAdvanced
$2.4B
Market cap
16.32
P/E ratio
$2.02
EPS
0.92
Beta
$1.00
Dividend rate
3.03%
Dividend yield
$2.4B
0.92
$34.90
$21.63
214K
$1.00
49.53%
0.88%
7.42%
16.316
3.683
1.18
1.58
14.112
3.03%
3.03%
-3.71%
-15.70%
-1.29%
-11.25%
10.56%

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%
-
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.

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FAQs

What’s the current market cap for Towne Bank stock?

Towne Bank (TOWN) has a market cap of $2.4B as of October 12, 2024.

What is the P/E ratio for Towne Bank stock?

The price to earnings (P/E) ratio for Towne Bank (TOWN) stock is 16.32 as of October 12, 2024.

Does Towne Bank stock pay dividends?

Yes, the Towne Bank (TOWN) stock pays dividends to shareholders. As of October 12, 2024, the dividend rate is $1 and the yield is 3.03%. Towne Bank has a payout ratio of 49.53% on a trailing twelve-month basis.

When is the next Towne Bank dividend payment date?

The next Towne Bank (TOWN) dividend payment date is unconfirmed.

What is the beta indicator for Towne Bank?

Towne Bank (TOWN) has a beta rating of 0.92. 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.