TowneBank (TOWN)

Market Cap	1.96B
Revenue (ttm)	770.52M
Net Income (ttm)	153.72M
Shares Out	72.72M
EPS (ttm)	2.07
PE Ratio	13.00
Forward PE	12.56
Dividend	$1.00 (3.72%)
Ex-Dividend Date	Mar 27, 2024

Volume	209,381
Open	27.07
Previous Close	27.15
Day's Range	26.88 - 27.32
52-Week Range	21.22 - 31.08
Beta	0.90
Analysts	Hold
Price Target	27.00 (+0.3%)
Earnings Date	Apr 24, 2024

About TOWN

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. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: May 7, 1999
• Employees: 2,766
• Stock Exchange: NASDAQ
• Ticker Symbol: TOWN

Financial Performance

In 2023, TowneBank's revenue was $941.58 million, an increase of 37.18% compared to the previous year's $686.38 million. Earnings were $153.72 million, a decrease of -18.66%.

Analyst Forecast

According to 5 analysts, the average rating for TOWN stock is "Hold." The 12-month stock price forecast is $27.0, which is an increase of 0.30% from the latest price.

Price Target

$27.0

(0.30% upside)

Analyst Consensus: Hold