TowneBank Statistics
Total Valuation
TowneBank has a market cap or net worth of $2.33 billion. The enterprise value is -$529.88 million.
| Market Cap | 2.33B |
| Enterprise Value | -529.88M |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, before market open.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
TowneBank has 75.00 million shares outstanding. The number of shares has increased by 0.79% in one year.
| Shares Outstanding | 75.00M |
| Shares Change (YoY) | +0.79% |
| Shares Change (QoQ) | +0.25% |
| Owned by Insiders (%) | 1.66% |
| Owned by Institutions (%) | 54.23% |
| Float | 68.37M |
Valuation Ratios
The trailing PE ratio is 15.48 and the forward PE ratio is 14.11.
| PE Ratio | 15.48 |
| Forward PE | 14.11 |
| PS Ratio | 2.79 |
| Forward PS | 3.17 |
| PB Ratio | 1.14 |
| P/FCF Ratio | 12.97 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.27, with a Debt / Equity ratio of 0.17.
| Current Ratio | 0.27 |
| Quick Ratio | n/a |
| Debt / Equity | 0.17 |
| Debt / EBITDA | 2.80 |
| Debt / FCF | 1.91 |
| Interest Coverage | -0.17 |
Financial Efficiency
Return on equity (ROE) is 7.32% and return on invested capital (ROIC) is 5.32%.
| Return on Equity (ROE) | 7.32% |
| Return on Assets (ROA) | 0.89% |
| Return on Capital (ROIC) | 5.32% |
| Revenue Per Employee | $302,282 |
| Profits Per Employee | $54,255 |
| Employee Count | 2,766 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TowneBank has paid $28.75 million in taxes.
| Income Tax | 28.75M |
| Effective Tax Rate | 16.08% |
Stock Price Statistics
The stock price has increased by +20.44% in the last 52 weeks. The beta is 0.92, so TowneBank's price volatility has been similar to the market average.
| Beta (5Y) | 0.92 |
| 52-Week Price Change | +20.44% |
| 50-Day Moving Average | 27.46 |
| 200-Day Moving Average | 27.03 |
| Relative Strength Index (RSI) | 73.86 |
| Average Volume (20 Days) | 355,973 |
Short Selling Information
The latest short interest is 865,077, so 1.15% of the outstanding shares have been sold short.
| Short Interest | 865,077 |
| Short Previous Month | 738,167 |
| Short % of Shares Out | 1.15% |
| Short % of Float | 1.27% |
| Short Ratio (days to cover) | 3.57 |
Income Statement
In the last 12 months, TowneBank had revenue of $836.11 million and earned $150.07 million in profits. Earnings per share was $2.01.
| Revenue | 836.11M |
| Gross Profit | 836.11M |
| Operating Income | 151.30M |
| Pretax Income | 180.53M |
| Net Income | 150.07M |
| EBITDA | 122.69M |
| EBIT | 88.16M |
| Earnings Per Share (EPS) | $2.01 |
Balance Sheet
The company has $174.48 million in cash and $343.39 million in debt, giving a net cash position of $2.86 billion or $38.17 per share.
| Cash & Cash Equivalents | 174.48M |
| Total Debt | 343.39M |
| Net Cash | 2.86B |
| Net Cash Per Share | $38.17 |
| Equity (Book Value) | 2.05B |
| Book Value Per Share | 27.33 |
| Working Capital | -3.08B |
Cash Flow
In the last 12 months, operating cash flow was $221.46 million and capital expenditures -$41.55 million, giving a free cash flow of $179.91 million.
| Operating Cash Flow | 221.46M |
| Capital Expenditures | -41.55M |
| Free Cash Flow | 179.91M |
| FCF Per Share | $2.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 18.10% and 17.95%.
| Gross Margin | 100.00% |
| Operating Margin | 18.10% |
| Pretax Margin | 21.59% |
| Profit Margin | 17.95% |
| EBITDA Margin | 14.67% |
| EBIT Margin | 10.54% |
| FCF Margin | 21.52% |
Dividends & Yields
This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 3.21%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 3.21% |
| Dividend Growth (YoY) | 6.38% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 49.75% |
| Buyback Yield | -0.79% |
| Shareholder Yield | 2.42% |
| Earnings Yield | 6.43% |
| FCF Yield | 7.71% |
Analyst Forecast
The average price target for TowneBank is $27.33, which is -12.15% lower than the current price. The consensus rating is "Hold".
| Price Target | $27.33 |
| Price Target Difference | -12.15% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| 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 103:100.
| Last Split Date | May 23, 2012 |
| Split Type | Forward |
| Split Ratio | 103:100 |
Scores
TowneBank has an Altman Z-Score of 0.02 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.02 |
| Piotroski F-Score | 7 |