TowneBank Statistics
Total Valuation
TowneBank has a market cap or net worth of $1.96 billion. The enterprise value is -$807.38 million.
| Market Cap | 1.96B |
| Enterprise Value | -807.38M |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
TowneBank has 72.72 million shares outstanding. The number of shares has increased by 2.37% in one year.
| Shares Outstanding | 72.72M |
| Shares Change (YoY) | +2.37% |
| Shares Change (QoQ) | +0.04% |
| Owned by Insiders (%) | 1.90% |
| Owned by Institutions (%) | 54.99% |
| Float | 67.89M |
Valuation Ratios
The trailing PE ratio is 13.00 and the forward PE ratio is 12.56.
| PE Ratio | 13.00 |
| Forward PE | 12.56 |
| PS Ratio | 2.54 |
| Forward PS | 2.72 |
| PB Ratio | 0.96 |
| P/FCF Ratio | 16.71 |
| 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 0.10, with a Debt / Equity ratio of 0.24.
| Current Ratio | 0.10 |
| Quick Ratio | n/a |
| Debt / Equity | 0.24 |
| Debt / EBITDA | 2.21 |
| Debt / FCF | 4.20 |
| Interest Coverage | -0.36 |
Financial Efficiency
Return on equity (ROE) is 7.54% and return on invested capital (ROIC) is 6.37%.
| Return on Equity (ROE) | 7.54% |
| Return on Assets (ROA) | 0.91% |
| Return on Capital (ROIC) | 6.37% |
| Revenue Per Employee | $278,567 |
| Profits Per Employee | $55,573 |
| Employee Count | 2,766 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TowneBank has paid $31.09 million in taxes.
| Income Tax | 31.09M |
| Effective Tax Rate | 16.82% |
Stock Price Statistics
The stock price has increased by +15.19% in the last 52 weeks. The beta is 0.90, so TowneBank's price volatility has been lower than the market average.
| Beta (1Y) | 0.90 |
| 52-Week Price Change | +15.19% |
| 50-Day Moving Average | 27.05 |
| 200-Day Moving Average | 26.10 |
| Relative Strength Index (RSI) | 49.08 |
| Average Volume (30 Days) | 254,653 |
Short Selling Information
The latest short interest is 524,601, so 0.72% of the outstanding shares have been sold short.
| Short Interest | 524,601 |
| Short Previous Month | 506,222 |
| Short % of Shares Out | 0.72% |
| Short % of Float | 0.77% |
| Short Ratio (days to cover) | 1.85 |
Income Statement
In the last 12 months, TowneBank had revenue of $770.52 million and earned $153.72 million in profits. Earnings per share was $2.07.
| Revenue | 770.52M |
| Gross Profit | 770.52M |
| Operating Income | 193.61M |
| Pretax Income | 186.22M |
| Net Income | 153.72M |
| EBITDA | 222.74M |
| EBIT | 188.52M |
| Earnings Per Share (EPS) | $2.07 |
Balance Sheet
The company has -$1.02 billion in cash and $492.58 million in debt, giving a net cash position of $2.77 billion or $38.02 per share.
| Cash & Cash Equivalents | -1.02B |
| Total Debt | 492.58M |
| Net Cash | 2.77B |
| Net Cash Per Share | $38.02 |
| Equity / Book Value | 2.04B |
| Book Value Per Share | 28.05 |
| Working Capital | -10.00B |
Cash Flow
In the last 12 months, operating cash flow was $161.30 million and capital expenditures -$44.14 million, giving a free cash flow of $117.17 million.
| Operating Cash Flow | 161.30M |
| Capital Expenditures | -44.14M |
| Free Cash Flow | 117.17M |
| FCF Per Share | $1.57 |
Margins
Gross margin is 100.00%, with operating and profit margins of 25.13% and 19.95%.
| Gross Margin | 100.00% |
| Operating Margin | 25.13% |
| Pretax Margin | 24.17% |
| Profit Margin | 19.95% |
| EBITDA Margin | 28.91% |
| EBIT Margin | 24.47% |
| FCF Margin | 15.21% |
Dividends & Yields
This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 3.72%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 3.72% |
| Dividend Growth (YoY) | 8.70% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 48.31% |
| Buyback Yield | -2.37% |
| Shareholder Yield | 1.34% |
| Earnings Yield | 7.85% |
| FCF Yield | 5.98% |
Analyst Forecast
The average price target for TowneBank is $27.00, which is 0.30% higher than the current price. The consensus rating is "Hold".
| Price Target | $27.00 |
| Price Target Difference | 0.30% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| 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 -0.47 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.47 |
| Piotroski F-Score | 7 |