Home » Stocks » TOWN

TowneBank (TOWN)

Stock Price: $30.81 USD 1.10 (3.70%)
Updated Jun 21, 2021 11:26 AM EDT - Market open
Market Cap 2.16B
Revenue (ttm) 653.01M
Net Income (ttm) n/a
Shares Out 51.68M
EPS (ttm) 2.60
PE Ratio 11.85
Forward PE n/a
Dividend $0.72
Dividend Yield 2.34%
Trading Day June 21
Last Price $30.81
Previous Close $29.71
Change ($) 1.10
Change (%) 3.70%
Day's Open 29.90
Day's Range 29.90 - 31.04
Day's Volume 31,979
52-Week Range 14.99 - 33.25

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

Top Ranked Income Stocks to Buy for June 16th

Other stocks mentioned: CCOI, CMI, FISI
4 days ago - Zacks Investment Research

TowneBank (TOWN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 week ago - Zacks Investment Research

In a bid to increase shareholder value, TowneBank (TOWN) raises quarterly cash dividend.

2 weeks ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for June 2nd

2 weeks ago - Zacks Investment Research

Common Stock Dividend Increased by 11%

2 weeks ago - GlobeNewsWire

Top Ranked Momentum Stocks to Buy for May 27th

Other stocks mentioned: BOOT, NBTB, PLCE
3 weeks ago - Zacks Investment Research

TowneBank (TOWN) delivered earnings and revenue surprises of 46.15% and 9.76%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

SUFFOLK, Va., April 29, 2021 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2021 of $69.0 million, or $0.95 per diluted share, compa...

1 month ago - GlobeNewsWire

As of April 22, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields.

Other stocks mentioned: BDN, BIG, SIM
1 month ago - GuruFocus

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

TowneBank (TOWN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

2 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in TowneBank (TOWN).

3 months ago - Zacks Investment Research

SUFFOLK, Va., March 02, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 24, 2021 declared its first-quarter shareholder cash...

3 months ago - GlobeNewsWire

SUFFOLK, Va., Feb. 19, 2021 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: Town) today reported that its wholly-owned insurance brokerage subsidiary, Towne Insurance Agency, has expanded its Executive Managemen...

4 months ago - GlobeNewsWire

TowneBank (TOWN) delivered earnings and revenue surprises of 30.19% and 8.07%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

21st Consecutive Year of Earnings Improvement 21st Consecutive Year of Earnings Improvement

4 months ago - GlobeNewsWire

Townebank's loan book appears to be very CRE-heavy, but the total amount of loans past due is very low. The total amount of loans where deferrals and/or modifications were in place has fallen by more th...

5 months ago - Seeking Alpha

SUFFOLK, Va., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on December 2, 2020 declared its fourth-quarter shareholder cash ...

6 months ago - GlobeNewsWire

TowneBank (TOWN) delivered earnings and revenue surprises of 2.13% and 21.21%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

SUFFOLK, Va., Oct. 22, 2020 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2020 of $34.46 million, or $0.48 per diluted share, c...

7 months ago - GlobeNewsWire

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

TowneBank has been struggling lately, but the selling pressure may be coming to an end soon.

8 months ago - Zacks Investment Research

SUFFOLK, Va., Aug. 26, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on August 26, 2020 declared its third-quarter shareholder cash ...

9 months ago - GlobeNewsWire

TowneBank (TOWN) delivered earnings and revenue surprises of 33.33% and 15.30%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

SUFFOLK, Va., July 23, 2020 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2020 of $34.61 million, or $0.48 per diluted share, comp...

10 months ago - GlobeNewsWire

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Is TowneBank (TOWN) a great pick from the value investor's perspective right now? Read on to know more.

11 months ago - Zacks Investment Research

TowneBank (TOWN) delivered earnings and revenue surprises of 12.50% and -0.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Find Strong Stocks Amid Coronavirus Uncertainty with New Analyst Coverage

Other stocks mentioned: CAMT, SP
1 year ago - Zacks Investment Research

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes?

1 year ago - Zacks Investment Research

SUFFOLK, Va., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 26, 2020 declared its first-quarter shareholder cas...

1 year ago - GlobeNewsWire

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes?

1 year ago - Zacks Investment Research

TowneBank (TOWN) delivered earnings and revenue surprises of 16.67% and 0.35%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

SUFFOLK, Va., Nov. 27, 2019 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on November 27, 2019 declared its fourth-quarter shareholder ca...

1 year ago - GlobeNewsWire

Let's see if TowneBank (TOWN) stock is a good choice for value-oriented investors right now from multiple angles.

1 year ago - Zacks Investment Research

TowneBank (TOWN) delivered earnings and revenue surprises of 1.96% and 0.35%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

SUFFOLK, Va., Oct. 24, 2019 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2019 of $37.66 million, or $0.52 per diluted share,...

1 year ago - GlobeNewsWire

TowneBank (TOWN) delivered earnings and revenue surprises of -7.69% and 2.75%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

TowneBank (TOWN) delivered earnings and revenue surprises of -10.20% and -3.10%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

2 years ago - Zacks Investment Research

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

About TOWN

TowneBank provides retail and commercial banking services for individuals, professionals, and commercial enterprises. The company operates in three segments: Banking, Realty, and Insurance. It accepts various deposits products, 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 expan... [Read more...]

Industry
Banks-Regional
IPO Date
May 7, 1999
CEO
J. Morgan Davis
Employees
2,471
Stock Exchange
NASDAQ
Ticker Symbol
TOWN
Full Company Profile

Analyst Forecasts

According to 4 analysts, the average rating for TowneBank stock is "Hold." The 12-month stock price forecast is 34.00, which is an increase of 10.35% from the latest price.

Price Target
$34.00
(10.35% upside)
Analyst Consensus: Hold