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TowneBank NasdaqGS:TOWN Stock Report

Last Price

US$26.92

Market Cap

US$2.0b

7D

-0.3%

1Y

13.6%

Updated

26 Apr, 2024

Data

Company Financials +

TOWN Stock Overview

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals.

TOWN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends4/6

TowneBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TowneBank
Historical stock prices
Current Share PriceUS$26.92
52 Week HighUS$31.08
52 Week LowUS$21.22
Beta0.90
1 Month Change-3.06%
3 Month Change-6.17%
1 Year Change13.63%
3 Year Change-13.11%
5 Year Change0.19%
Change since IPO307.99%

Recent News & Updates

The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Apr 26
The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Recent updates

The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Apr 26
The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts

TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year

May 28
TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year

TowneBank declares $0.23 dividend

Aug 24

TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M

Jul 28

TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23

Jun 21
TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23

Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today

Jan 21
Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today

TowneBank: Good Profitability Levels Likely To Drive Additional Upside

Aug 27

TowneBank (NASDAQ:TOWN) Will Pay A Larger Dividend Than Last Year At US$0.20

Jun 06
TowneBank (NASDAQ:TOWN) Will Pay A Larger Dividend Than Last Year At US$0.20

With EPS Growth And More, TowneBank (NASDAQ:TOWN) Is Interesting

Jun 04
With EPS Growth And More, TowneBank (NASDAQ:TOWN) Is Interesting

Shareholder Returns

TOWNUS BanksUS Market
7D-0.3%2.7%2.9%
1Y13.6%30.1%22.2%

Return vs Industry: TOWN underperformed the US Banks industry which returned 31.6% over the past year.

Return vs Market: TOWN underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is TOWN's price volatile compared to industry and market?
TOWN volatility
TOWN Average Weekly Movement4.1%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: TOWN has not had significant price volatility in the past 3 months.

Volatility Over Time: TOWN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEO
19982,784Bill Foster
Website
www.townebank.com

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.

TowneBank Fundamentals Summary

How do TowneBank's earnings and revenue compare to its market cap?
TOWN fundamental statistics
Market capUS$1.99b
Earnings (TTM)US$150.07m
Revenue (TTM)US$670.95m

13.3x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOWN income statement (TTM)
RevenueUS$670.95m
Cost of RevenueUS$0
Gross ProfitUS$670.95m
Other ExpensesUS$520.88m
EarningsUS$150.07m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin100.00%
Net Profit Margin22.37%
Debt/Equity Ratio14.1%

How did TOWN perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

50%

Payout Ratio