TowneBank (TOWN)

TowneBank Statistics

Total Valuation

TowneBank has a market cap or net worth of $2.54 billion. The enterprise value is $2.65 billion.

Market Cap	2.54B
Enterprise Value	2.65B

Important Dates

The next estimated earnings date is Wednesday, January 22, 2025, after market close.

Earnings Date	Jan 22, 2025
Ex-Dividend Date	Dec 31, 2024

Share Statistics

TowneBank has 74.10 million shares outstanding. The number of shares has increased by 1.17% in one year.

Current Share Class	74.10M
Shares Outstanding	74.10M
Shares Change (YoY)	+1.17%
Shares Change (QoQ)	+0.14%
Owned by Insiders (%)	7.25%
Owned by Institutions (%)	57.85%
Float	68.73M

Valuation Ratios

The trailing PE ratio is 17.21 and the forward PE ratio is 14.48.

PE Ratio	17.21
Forward PE	14.48
PS Ratio	3.82
Forward PS	3.25
PB Ratio	1.18
P/TBV Ratio	1.56
P/FCF Ratio	89.81
P/OCF Ratio	30.51
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	17.75
EV / Sales	3.94
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	93.59

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	12.13
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.23%.

Return on Equity (ROE)	7.23%
Return on Assets (ROA)	0.88%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$241,323
Profits Per Employee	$53,626
Employee Count	2,784
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, TowneBank has paid $23.64 million in taxes.

Income Tax	23.64M
Effective Tax Rate	13.63%

Stock Price Statistics

The stock price has increased by +13.19% in the last 52 weeks. The beta is 0.94, so TowneBank's price volatility has been similar to the market average.

Beta (5Y)	0.94
52-Week Price Change	+13.19%
50-Day Moving Average	35.14
200-Day Moving Average	30.88
Relative Strength Index (RSI)	37.79
Average Volume (20 Days)	287,150

Short Selling Information

The latest short interest is 478,381, so 0.65% of the outstanding shares have been sold short.

Short Interest	478,381
Short Previous Month	522,408
Short % of Shares Out	0.65%
Short % of Float	0.70%
Short Ratio (days to cover)	1.64

Income Statement

In the last 12 months, TowneBank had revenue of $671.84 million and earned $149.30 million in profits. Earnings per share was $1.99.

Revenue	671.84M
Gross Profit	671.84M
Operating Income	187.69M
Pretax Income	178.91M
Net Income	149.30M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.99

Balance Sheet

The company has $236.39 million in cash and $343.46 million in debt, giving a net cash position of -$107.07 million or -$1.45 per share.

Cash & Cash Equivalents	236.39M
Total Debt	343.46M
Net Cash	-107.07M
Net Cash Per Share	-$1.45
Equity (Book Value)	2.16B
Book Value Per Share	29.00
Working Capital	-12.82B

Cash Flow

In the last 12 months, operating cash flow was $83.35 million and capital expenditures -$55.04 million, giving a free cash flow of $28.31 million.

Operating Cash Flow	83.35M
Capital Expenditures	-55.04M
Free Cash Flow	28.31M
FCF Per Share	$0.38

Margins

Gross Margin	n/a
Operating Margin	27.94%
Pretax Margin	25.82%
Profit Margin	22.22%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	4.21%

Dividends & Yields

This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 2.91%.

Dividend Per Share	$1.00
Dividend Yield	2.91%
Dividend Growth (YoY)	2.04%
Years of Dividend Growth	12
Payout Ratio	50.15%
Buyback Yield	-1.17%
Shareholder Yield	1.75%
Earnings Yield	5.87%
FCF Yield	1.11%

Analyst Forecast

The average price target for TowneBank is $36.00, which is 4.90% higher than the current price. The consensus rating is "Buy".

Price Target	$36.00
Price Target Difference	4.90%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on May 23, 2012. It was a forward split with a ratio of 1.03:1.

Last Split Date	May 23, 2012
Split Type	Forward
Split Ratio	1.03:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	3