TowneBank Statistics

Total Valuation

TowneBank has a market cap or net worth of $2.65 billion. The enterprise value is $2.74 billion.

Market Cap	2.65B
Enterprise Value	2.74B

Important Dates

The last earnings date was Wednesday, January 22, 2025, after market close.

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

Share Statistics

TowneBank has 74.21 million shares outstanding. The number of shares has increased by 0.67% in one year.

Current Share Class	74.21M
Shares Outstanding	74.21M
Shares Change (YoY)	+0.67%
Shares Change (QoQ)	+0.22%
Owned by Insiders (%)	7.15%
Owned by Institutions (%)	57.49%
Float	68.90M

Valuation Ratios

The trailing PE ratio is 16.64 and the forward PE ratio is 13.61.

PE Ratio	16.64
Forward PE	13.61
PS Ratio	3.86
Forward PS	3.26
PB Ratio	1.24
P/TBV Ratio	1.64
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	16.94
EV / Sales	3.95
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

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

Financial Efficiency

Return on equity (ROE) is 7.73%.

Return on Equity (ROE)	7.73%
Return on Assets (ROA)	0.95%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$249,389
Profits Per Employee	$58,102
Employee Count	2,784
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, TowneBank has paid $27.65 million in taxes.

Income Tax	27.65M
Effective Tax Rate	14.52%

Stock Price Statistics

The stock price has increased by +20.64% in the last 52 weeks. The beta is 0.95, so TowneBank's price volatility has been similar to the market average.

Beta (5Y)	0.95
52-Week Price Change	+20.64%
50-Day Moving Average	35.22
200-Day Moving Average	31.84
Relative Strength Index (RSI)	59.37
Average Volume (20 Days)	227,506

Short Selling Information

The latest short interest is 789,365, so 1.06% of the outstanding shares have been sold short.

Short Interest	789,365
Short Previous Month	874,129
Short % of Shares Out	1.06%
Short % of Float	1.15%
Short Ratio (days to cover)	3.50

Income Statement

In the last 12 months, TowneBank had revenue of $694.30 million and earned $161.76 million in profits. Earnings per share was $2.15.

Revenue	694.30M
Gross Profit	694.30M
Operating Income	203.15M
Pretax Income	178.91M
Net Income	161.76M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$2.15

Full Income Statement

Balance Sheet

The company has $211.60 million in cash and $296.90 million in debt, giving a net cash position of -$85.31 million or -$1.15 per share.

Cash & Cash Equivalents	211.60M
Total Debt	296.90M
Net Cash	-85.31M
Net Cash Per Share	-$1.15
Equity (Book Value)	2.16B
Book Value Per Share	28.83
Working Capital	-12.93B

Full Balance Sheet

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	29.26%
Pretax Margin	27.42%
Profit Margin	23.30%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 2.80%.

Dividend Per Share	$1.00
Dividend Yield	2.80%
Dividend Growth (YoY)	2.04%
Years of Dividend Growth	10
Payout Ratio	46.51%
Buyback Yield	-0.67%
Shareholder Yield	2.13%
Earnings Yield	6.09%
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for TowneBank is $40.50, which is 13.22% higher than the current price. The consensus rating is "Buy".

Price Target	$40.50
Price Target Difference	13.22%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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	2