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TowneBank NasdaqGS:TOWN Stock Report

Last Price

US$27.77

Market Cap

US$2.1b

7D

2.4%

1Y

1.8%

Updated

27 Mar, 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
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Rewards

Risk Analysis

No risks detected for TOWN from our risk checks.

TowneBank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TowneBank
Historical stock prices
Current Share PriceUS$27.77
52 Week HighUS$31.08
52 Week LowUS$21.22
Beta0.89
1 Month Change3.20%
3 Month Change-8.65%
1 Year Change1.83%
3 Year Change-8.65%
5 Year Change10.46%
Change since IPO320.87%

Recent News & Updates

Recent updates

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

Have Insiders Sold TowneBank (NASDAQ:TOWN) Shares Recently?

Mar 10
Have Insiders Sold TowneBank (NASDAQ:TOWN) Shares Recently?

Shareholder Returns

TOWNUS BanksUS Market
7D2.4%2.1%0.4%
1Y1.8%33.8%28.8%

Return vs Industry: TOWN underperformed the US Banks industry which returned 32.6% over the past year.

Return vs Market: TOWN underperformed the US Market which returned 29.5% 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 Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
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

FoundedEmployeesCEOWebsite
19982,784Bill Fosterhttps://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$2.05b
Earnings (TTM)US$153.72m
Revenue (TTM)US$675.44m

13.4x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOWN income statement (TTM)
RevenueUS$675.44m
Cost of RevenueUS$0
Gross ProfitUS$675.44m
Other ExpensesUS$521.73m
EarningsUS$153.72m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.08
Gross Margin100.00%
Net Profit Margin22.76%
Debt/Equity Ratio24.1%

How did TOWN perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

48%

Payout Ratio

Does TOWN pay a reliable dividends?

See TOWN dividend history and benchmarks
When do you need to buy TOWN by to receive an upcoming dividend?
TowneBank dividend dates
Ex Dividend DateMar 27 2024
Dividend Pay DateApr 12 2024
Days until Ex dividend2 days
Days until Dividend pay date14 days

Does TOWN pay a reliable dividends?

See TOWN dividend history and benchmarks
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