3T8 Stock Overview Provides retail and commercial banking services for individuals, commercial enterprises, and professionals. More details
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Price History & Performance
Summary of share price highs, lows and changes for TowneBank Historical stock prices Current Share Price US$32.80 52 Week High US$35.40 52 Week Low US$23.80 Beta 0.94 1 Month Change -6.82% 3 Month Change 11.56% 1 Year Change 19.71% 3 Year Change 17.99% 5 Year Change 32.26% Change since IPO 125.98%
Recent News & Updates
TowneBank Declares Fourth-Quarter Cash Dividend, Payable on January 14, 2025 Nov 28
Insider recently sold €396k worth of stock Nov 10
TowneBank Reports Net Charge Off for the Third Quarter Ended September 30, 2024 Oct 26
Third quarter 2024 earnings released: EPS: US$0.57 (vs US$0.60 in 3Q 2023) Oct 24
TowneBank (NasdaqGS:TOWN) signed a definitive agreement and plan of reorganization to acquire Village Bank and Trust Financial Corp. (NasdaqCM:VBFC) for approximately $120 million. Sep 26
TowneBank (NasdaqGS:TOWN) signed a definitive agreement and plan of reorganization to acquire Village Bank and Trust Financial Corp. (NasdaqCM:VBFC) for approximately $120 million. Sep 24 See more updates
TowneBank Declares Fourth-Quarter Cash Dividend, Payable on January 14, 2025 Nov 28
Insider recently sold €396k worth of stock Nov 10
TowneBank Reports Net Charge Off for the Third Quarter Ended September 30, 2024 Oct 26
Third quarter 2024 earnings released: EPS: US$0.57 (vs US$0.60 in 3Q 2023) Oct 24
TowneBank (NasdaqGS:TOWN) signed a definitive agreement and plan of reorganization to acquire Village Bank and Trust Financial Corp. (NasdaqCM:VBFC) for approximately $120 million. Sep 26
TowneBank (NasdaqGS:TOWN) signed a definitive agreement and plan of reorganization to acquire Village Bank and Trust Financial Corp. (NasdaqCM:VBFC) for approximately $120 million. Sep 24
Upcoming dividend of US$0.25 per share Sep 23
Second quarter dividend of US$0.25 announced Sep 02
Townebank Announces Quarterly Cash Dividend, Payable on October 11, 2024 Aug 29
Insider recently sold €281k worth of stock Aug 01
Second quarter 2024 earnings released: EPS: US$0.57 (vs US$0.56 in 2Q 2023) Jul 25
New minor risk - Insider selling Jun 07
First quarter dividend of US$0.25 announced Jun 02
TowneBank Announces Second-Quarter Cash Dividend, Payable on July 12, 2024 May 31
Insider recently sold €217k worth of stock May 21
Insider recently sold €217k worth of stock May 16
First quarter 2024 earnings released: EPS: US$0.46 (vs US$0.52 in 1Q 2023) Apr 25
Townebank Announces Retirement of Jacqueline B. Amato and Bradford L. Cherry as Members of Board of Directors Mar 28
Upcoming dividend of US$0.25 per share Mar 20
Independent Director recently sold €415k worth of stock Mar 12
TowneBank, Annual General Meeting, May 22, 2024 Mar 12
TowneBank Appoints Sachin Shetty to the Board of Directors Mar 06
Fourth quarter dividend of US$0.25 announced Mar 04
Full year 2023 earnings released: EPS: US$2.06 (vs US$2.61 in FY 2022) Mar 04
TowneBank Declares First-Quarter Cash Dividend, Payable on April 12, 2024 Feb 29
Full year 2023 earnings released: EPS: US$2.06 (vs US$2.61 in FY 2022) Jan 26
Now 21% undervalued Jan 25
Now 21% undervalued Jan 09
Upcoming dividend of US$0.25 per share at 3.3% yield Dec 21
Insider recently sold €271k worth of stock Dec 18
TowneBank Announces Quarterly Cash Dividend, Payable on January 12, 2024 Nov 29
New minor risk - Insider selling Nov 06
Insider recently sold €263k worth of stock Nov 06
TowneBank to Report Q3, 2023 Results on Oct 26, 2023 Oct 28
TowneBank to Report Q3, 2023 Results on Oct 26, 2023 Oct 27
Third quarter 2023 earnings released: EPS: US$0.60 (vs US$0.69 in 3Q 2022) Oct 27
Upcoming dividend of US$0.25 per share at 4.3% yield Sep 21
TowneBank Declares Cash Dividend for the Third-Quarter, Payable on October 13, 2023 Aug 24
Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.64 in 2Q 2022) Jul 28
Upcoming dividend of US$0.25 per share at 4.1% yield Jun 22
TowneBank Appoints Ernest Piccioli as Chief Risk Officer Jun 14
Insider recently bought €81k worth of stock May 28
TowneBank Declares Second-Quarter Shareholder Cash Dividend, Payable on July 14, 2023 May 25
Independent Director recently bought €118k worth of stock May 11
Upcoming dividend of US$0.23 per share at 3.3% yield Mar 22
Insider recently bought €58k worth of stock Mar 05
Insider recently sold €444k worth of stock Feb 20
Senior EVP recently sold €52k worth of stock Feb 10
Senior EVP recently sold €52k worth of stock Feb 06
Full year 2022 earnings released: EPS: US$2.60 (vs US$2.97 in FY 2021) Jan 27
Townebank Names Clark as Chief Operating Officer Jan 06
Upcoming dividend of US$0.23 per share Dec 22
TowneBank Announces Quarterly Cash Dividend, Payable on January 12, 2023 Nov 29
TowneBank Announces Chief Executive Officer Changes Nov 24
Insider recently sold €255k worth of stock Nov 23
Independent Director recently bought €279k worth of stock Nov 06
Independent Director recently bought €279k worth of stock Nov 03
Third quarter 2022 earnings released: EPS: US$0.69 (vs US$0.69 in 3Q 2021) Oct 28
TowneBank Announces Executive Changes Oct 12
TowneBank Appoints Dawn S. Glynn as Leader of the Bank’s New Corporate Services Group. as Chief Experience Officer Oct 06
Upcoming dividend of US$0.23 per share Sep 22
Chief Information Officer recently sold €89k worth of stock Sep 16
TowneBank Announces Executive Changes Aug 27
TowneBank Announces Quarterly Cash Dividend, Payable on October 14, 2022 Aug 25
TowneBank (NasdaqGS:TOWN) signed a definitive agreement to acquire Farmers Bankshares, Inc. (OTCPK:FBVA) for $59.4 million. Aug 19
Second quarter 2022 earnings released: EPS: US$0.64 (vs US$0.77 in 2Q 2021) Jul 29
Townebank Appoints Ted Wolfe to President of Townebank Charlotte Jul 29
Upcoming dividend of US$0.23 per share Jun 22
TowneBank Announces Quarterly Cash Dividend, Payable on July 12, 2022 May 27
Independent Director recently bought €470k worth of stock May 25
Independent Director recently bought €949k worth of stock May 08
First quarter 2022 earnings released: EPS: US$0.63 (vs US$0.95 in 1Q 2021) Apr 30
Townebank Announces Retirement of Directors Apr 15
Upcoming dividend of US$0.20 per share Mar 22
CEO & Director recently sold €288k worth of stock Mar 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Mar 02
Townebank Announces Quarterly Cash Dividend, Payable on April 8, 2022 Feb 24
Senior EVP recently sold €51k worth of stock Feb 10 TowneBank(NasdaqGS:TOWN) dropped from OMX Nordic Small Cap Index TowneBank Announces J. Morgan Davis to Retire as Chief Executive Officer
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Jan 28
TowneBank, Annual General Meeting, May 25, 2022 Jan 28
Upcoming dividend of US$0.20 per share Dec 22
CEO & Director recently sold €1.2m worth of stock Dec 02
Third quarter 2021 earnings released: EPS US$0.70 (vs US$0.48 in 3Q 2020) Oct 29
Upcoming dividend of US$0.20 per share Sep 22
Second quarter 2021 earnings released: EPS US$0.77 (vs US$0.48 in 2Q 2020) Jul 30
Upcoming dividend of US$0.20 per share Jun 22
TowneBank Announces Quarterly Cash Dividend, Payable on July 9, 2021 Jun 03
Insider recently sold €396k worth of stock May 08
First quarter 2021 earnings released: EPS US$0.95 (vs US$0.36 in 1Q 2020) May 01
TowneBank Announces Net Charge-Offs for the First Quarter Ended March 31, 2021 Apr 30
Upcoming Dividend of US$0.18 Per Share Mar 22
Insider recently sold €67k worth of stock Mar 13
Full year 2020 earnings released: EPS US$2.01 (vs US$1.93 in FY 2019) Mar 04
New 90-day high: €24.20 Feb 26
TowneBank Appoints W. Douglas Russell as Chief Executive Officer, Effective February 16, 2021 Feb 21 Shareholder Returns 3T8 DE Banks DE Market 7D 0% -0.5% -0.3% 1Y 19.7% 19.3% 7.0%
See full shareholder returns
Return vs Market: 3T8 exceeded the German Market which returned 7% over the past year.
Price Volatility Is 3T8's price volatile compared to industry and market? 3T8 volatility 3T8 Average Weekly Movement 4.8% Banks Industry Average Movement 3.1% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.6% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 3T8 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 3T8's weekly volatility (5%) has been stable over the past year.
About the Company 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.
Show more TowneBank Fundamentals Summary How do TowneBank's earnings and revenue compare to its market cap? 3T8 fundamental statistics Market cap €2.46b Earnings (TTM ) €143.44m Revenue (TTM ) €645.51m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 3T8 income statement (TTM ) Revenue US$671.84m Cost of Revenue US$0 Gross Profit US$671.84m Other Expenses US$522.55m Earnings US$149.30m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 2.01 Gross Margin 100.00% Net Profit Margin 22.22% Debt/Equity Ratio 13.4%
How did 3T8 perform over the long term?
See historical performance and comparison Dividends
2.9% Current Dividend Yield When do you need to buy 3T8 by to receive an upcoming dividend? TowneBank dividend dates Ex Dividend Date Dec 31 2024 Dividend Pay Date Jan 14 2025 Days until Ex dividend 4 days Days until Dividend pay date 18 days
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/26 11:48 End of Day Share Price 2024/12/23 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources TowneBank is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Brett Scheiner FBR Capital Markets & Co. David Bishop Hovde Group, LLC Christopher McGratty Keefe, Bruyette, & Woods
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