TowneBank

NasdaqGS:TOWN Stock Report

Market Cap: US$2.5b

TowneBank Past Earnings Performance

Past criteria checks 2/6

TowneBank has been growing earnings at an average annual rate of 2.1%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.3% per year. TowneBank's return on equity is 6.9%, and it has net margins of 22.2%.

Key information

2.1%

Earnings growth rate

1.4%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate4.3%
Return on equity6.9%
Net Margin22.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

TowneBank (NASDAQ:TOWN) Is Due To Pay A Dividend Of $0.25

Dec 03
TowneBank (NASDAQ:TOWN) Is Due To Pay A Dividend Of $0.25

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

Revenue & Expenses Breakdown

How TowneBank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:TOWN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246721494110
30 Jun 246681514020
31 Mar 246711503960
31 Dec 236751543920
30 Sep 236901723850
30 Jun 236941773810
31 Mar 236831823730
31 Dec 226771893640
30 Sep 226711823650
30 Jun 226671833580
31 Mar 226771923530
31 Dec 216972153450
30 Sep 217062253390
30 Jun 216952093370
31 Mar 216531883300
31 Dec 205971463270
30 Sep 205631313220
30 Jun 205471343180
31 Mar 205531343170
31 Dec 195551393130
30 Sep 195481403060
30 Jun 195401402970
31 Mar 195321402970
31 Dec 185241342840
30 Sep 185031102680
30 Jun 18481992520
31 Mar 18466902310
31 Dec 17444882430
30 Sep 17435942210
30 Jun 17428912190
31 Mar 17392712000
31 Dec 16369671860
30 Sep 16339611720
30 Jun 16308541570
31 Mar 16302661530
31 Dec 15295621500
30 Sep 15284571410
30 Jun 15270511360
31 Mar 15256451330
31 Dec 14242411300
30 Sep 14237441270
30 Jun 14234411270
31 Mar 14232391270
31 Dec 13230381260

Quality Earnings: TOWN has high quality earnings.

Growing Profit Margin: TOWN's current net profit margins (22.2%) are lower than last year (24.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TOWN's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: TOWN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TOWN had negative earnings growth (-13%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: TOWN's Return on Equity (6.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Brett ScheinerFBR Capital Markets & Co.
David BishopHovde Group, LLC
Christopher McGrattyKeefe, Bruyette, & Woods