TowneBank (TOWN)
| Market Cap | 3.16B +25.7% |
| Revenue (ttm) | 877.21M +24.2% |
| Net Income | 166.81M -2.1% |
| EPS | 2.07 -8.7% |
| Shares Out | 91.30M |
| PE Ratio | 16.72 |
| Forward PE | 10.68 |
| Dividend | $1.08 (3.12%) |
| Ex-Dividend Date | Jun 26, 2026 |
| Volume | 484,278 |
| Open | 34.66 |
| Previous Close | 34.59 |
| Day's Range | 34.50 - 34.85 |
| 52-Week Range | 31.91 - 37.86 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 39.25 (+13.34%) |
| Earnings Date | Apr 22, 2026 |
About TOWN
TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in the United States. It operates through four segments: Banking, Mortgage, Resort Vacation Management, and Insurance. The company provides treasury solutions and deposit products, including checking accounts, savings accounts, and various types of time deposit services, such as daily money market accounts and long-term certificates of deposit; transaction accounts and certificates of deposit; and retirement account services comp... [Read more]
Financial Performance
In 2025, TowneBank's revenue was $811.78 million, an increase of 17.00% compared to the previous year's $693.83 million. Earnings were $169.53 million, an increase of 5.06%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for TOWN stock is "Buy." The 12-month stock price target is $39.25, which is an increase of 13.34% from the latest price.
News
TowneBank Announces Quarterly Cash Dividend
SUFFOLK, Va., May 20, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its second-quarter shareholder cash dividend of $0.28 p...
TowneBank downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded TowneBank (TOWN) to Market Perform from Outperform with a price target of $38, down from $42. The company’s Q1 report is “disappointing” with a lower net interest…
TowneBank declares 70c per share special cash dividend
TowneBank (TOWN) announced today that its board of directors declared a one-time special dividend of 70c per common share payable on May 20, to shareholders of record as of the…
TowneBank reports Q1 core EPS 74c, consensus 76c
Reports Q1 revenue $246.45M, consensus $252.75M. Reports Q1 tangible book value per share $21.49. “TowneBank (TOWN) posted a strong first quarter achieving record total revenues of $246 million. We co...
TowneBank Reports First Quarter 2026 Earnings
SUFFOLK, Va., April 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2026 of $40.99 million, or $0.45 per dilute...
TowneBank Slides: Q1 2026
TowneBank has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.
TowneBank Earnings release: Q1 2026
TowneBank released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.
TowneBank Announces Sale of Resort Property Management Segment
SUFFOLK, Va., April 06, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) today announced it has completed a transaction to sell its Resort Property Management segment, Towne Vacations, to Belcrest Va...
Richard Cullen Joins the TowneBank Corporate Board of Directors
SUFFOLK, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of Richard Cullen to its Board of Directors.
TowneBank reports Q4 EPS 70c, consensus 71c
Reports Q4 revenue $219.94M, consensus $225.43M. Reports Q4 tangible book value per share $21.93. Reports Q4 CET1 capital ratio 11.34%. “We are pleased to announce record 2025 core earnings of…
TowneBank Reports Full Year and Fourth Quarter Financial Results for 2025
SUFFOLK, Va., Jan. 28, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (Nasdaq: TOWN) today reported financial results for the full year and fourth quarter ended December 31, 2025. For t...
TowneBank Earnings release: Q4 2025
TowneBank released its Q4 2025 earnings on January 28, 2026, summarizing the period's financial results.
TowneBank Slides: Q4 2025
TowneBank has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 28, 2026.
TowneBank announces completion of Dogwood State Bank merger
TowneBank (TOWN) announced the completion of its merger with Raleigh-based Dogwood State Bank. The merger substantially enhances TowneBank’s strategic journey down the fast-growing Interstate 85 corri...
TowneBank Announces Completion of Dogwood State Bank Merger
SUFFOLK, Va., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Hampton Roads-based TowneBank (NASDAQ: TOWN) announced today the completion of its merger with Raleigh-based Dogwood State Bank (“Dogwood”). The merger ...
Dogwood State Bank Shareholders Approve Merger into TowneBank
RALEIGH, N.C. , Dec. 10, 2025 /PRNewswire/ -- Shareholders of Dogwood State Bank (OTCQX: DSBX) ("Dogwood" or the "Bank") approved the previously announced merger of Dogwood into TowneBank (NASDAQ: TOW...
TowneBank reports Q3 EPS 83c, consensus 76c
Reports Q3 revenue $215.7M, consensus $220.7M. The company states: “The quarterly provision for credit losses was an expense of $15.28 million compared to a benefit of $1.10 million in the…
TowneBank Quarterly report: Q3 2025
TowneBank has published its Q3 2025 quarterly earnings report on October 22, 2025.
TowneBank Earnings release: Q3 2025
TowneBank released its Q3 2025 earnings on October 22, 2025, summarizing the period's financial results.
TowneBank Slides: Q3 2025
TowneBank has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 22, 2025.
TowneBank Announces Completion of Old Point Financial Corporation Merger
SUFFOLK, Va., Sept. 02, 2025 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Old Point Financial Corporation (“Old Point”), the parent company of The Old...
Alt.town $TOWN Token Secures Listing on Binance Alpha
PANAMA CITY, Republic of Panama--(BUSINESS WIRE)-- #Alttown--Alt.town $TOWN token secures listing on Binance Alpha, the exchange's selective wallet-based listing program, making entry to the global ma...
KBRA Comments on TowneBank's Merger Agreement to Acquire Dogwood State Bank
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--On August 19, 2025, Portsmouth, VA-based TowneBank (NASDAQ: TOWN)(KBRA Senior Unsecured Debt rating: A-/Stable Outlook) announced a definitive acquisit...
TowneBank to acquire Dogwood State Bank for $25.04 per share
TowneBank (TOWN) and Dogwood State Bank announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Dogwood State Bank. The proposed transaction enhances TowneBank’...
TowneBank Expands Carolinas Presence Through Agreement to Acquire Dogwood State Bank
SUFFOLK, Va. and RALEIGH, N.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Raleigh based Dogwood State Bank (OTCQX: DSBX) (“Dogwood”), today announced the signi...