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TowneBank NasdaqGS:TOWN Stock Report

Last Price

US$34.91

Market Cap

US$2.6b

7D

-0.7%

1Y

32.0%

Updated

20 Nov, 2024

Data

Company Financials +

TOWN Stock Overview

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals. More details

TOWN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends5/6

TowneBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TowneBank
Historical stock prices
Current Share PriceUS$34.91
52 Week HighUS$36.67
52 Week LowUS$25.70
Beta0.91
11 Month Change3.56%
3 Month Change5.98%
1 Year Change31.98%
33 Year Change4.49%
5 Year Change23.40%
Change since IPO429.09%

Recent News & Updates

TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25

Sep 27
TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25

Recent updates

TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25

Sep 27
TowneBank (NASDAQ:TOWN) Has Announced A Dividend Of $0.25

TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25

Aug 31
TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25

TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25

Jun 04
TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25

TowneBank: Manageable CRE Exposure, But The Stock Is A Bit Too Expensive

May 08

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

Shareholder Returns

TOWNUS BanksUS Market
7D-0.7%-0.9%-1.0%
1Y32.0%53.3%30.3%

Return vs Industry: TOWN underperformed the US Banks industry which returned 54.2% over the past year.

Return vs Market: TOWN exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is TOWN's price volatile compared to industry and market?
TOWN volatility
TOWN Average Weekly Movement4.7%
Banks Industry Average Movement5.1%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: TOWN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19982,724Bill Fosterwww.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$2.62b
Earnings (TTM)US$149.30m
Revenue (TTM)US$671.84m

17.3x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOWN income statement (TTM)
RevenueUS$671.84m
Cost of RevenueUS$0
Gross ProfitUS$671.84m
Other ExpensesUS$522.55m
EarningsUS$149.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.01
Gross Margin100.00%
Net Profit Margin22.22%
Debt/Equity Ratio13.4%

How did TOWN perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

50%

Payout Ratio