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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
Sector
Trading on
Industry
Banks
Headquarters
Employees
2,838
Website
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
Price and volume
Market cap
$2.4B
Beta
0.92
52-week high
$34.90
52-week low
$21.63
Average daily volume
214K
Dividend rate
$1.00
Financial strength
Dividend payout ratio (TTM)
49.53%
Management effectiveness
Return on assets (TTM)
0.88%
Return on equity (TTM)
7.42%
Valuation
Price to earnings (TTM)
16.316
Price to revenue (TTM)
3.683
Price to book
1.18
Price to tangible book (TTM)
1.58
Price to free cash flow (TTM)
14.112
Dividend yield (TTM)
3.03%
Forward dividend yield
3.03%
Growth
Revenue change (TTM)
-3.71%
Earnings per share change (TTM)
-15.70%
3-year revenue growth (CAGR)
-1.29%
3-year earnings per share growth (CAGR)
-11.25%
3-year dividend per share growth (CAGR)
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%
-
Towne Bank News
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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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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.