TOWN Stock Overview
Provides retail and commercial banking services for individuals, commercial enterprises, and professionals.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
TowneBank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$34.65 |
| 52 Week High | US$34.90 |
| 52 Week Low | US$21.63 |
| Beta | 0.92 |
| 11 Month Change | 4.24% |
| 3 Month Change | 27.44% |
| 1 Year Change | 42.89% |
| 33 Year Change | 16.67% |
| 5 Year Change | 30.80% |
| Change since IPO | 425.15% |
Recent News & Updates
Recent updates
TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25
Aug 31
TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25
Jun 04TowneBank: Manageable CRE Exposure, But The Stock Is A Bit Too Expensive
May 08The TowneBank (NASDAQ:TOWN) First-Quarter Results Are Out And Analysts Have Published New Forecasts
Apr 26TowneBank's (NASDAQ:TOWN) Shareholders Will Receive A Bigger Dividend Than Last Year
May 28TowneBank declares $0.23 dividend
Aug 24TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M
Jul 28TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To US$0.23
Jun 21Here's Why I Think TowneBank (NASDAQ:TOWN) Might Deserve Your Attention Today
Jan 21Shareholder Returns
| TOWN | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.0% | 2.1% | 0.06% |
| 1Y | 42.9% | 41.4% | 22.6% |
Return vs Industry: TOWN exceeded the US Banks industry which returned 41.4% over the past year.
Return vs Market: TOWN exceeded the US Market which returned 22.2% over the past year.
Price Volatility
| TOWN volatility | |
|---|---|
| TOWN Average Weekly Movement | 3.6% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 2,838 | Bill Foster | 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
| TOWN fundamental statistics | |
|---|---|
| Market cap | US$2.55b |
| Earnings (TTM) | US$151.21m |
| Revenue (TTM) | US$668.08m |
17.0x
P/E Ratio1.2x
P/B RatioIs TOWN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TOWN income statement (TTM) | |
|---|---|
| Revenue | US$668.08m |
| Cost of Revenue | US$0 |
| Gross Profit | US$668.08m |
| Other Expenses | US$516.87m |
| Earnings | US$151.21m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 22.63% |
| Debt/Equity Ratio | 14.2% |
How did TOWN perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield49%
Payout RatioDoes TOWN pay a reliable dividends?
See TOWN dividend history and benchmarks| TowneBank dividend dates | |
|---|---|
| Ex Dividend Date | Sep 30 2024 |
| Dividend Pay Date | Oct 11 2024 |
| Days until Ex dividend | 29 days |
| Days until Dividend pay date | 40 days |
Does TOWN pay a reliable dividends?
See TOWN dividend history and benchmarks