Stock Fundamentals

AI Research Report

Generate a comprehensive financial analysis report powered by AI

TOWN.US Logo

TOWN.US - Current Price

$34.35

Company Information

▼
Company Name
Towne Bank
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US89214P1093
CUSIP: 89214P109
Currency: USD
Full Time Employees: 3,055
Phone: 757 638 7500
Website: https://www.townebank.com
Fiscal Year End: December
IPO Date: May 07, 1999
Description:

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, 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 expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential property management services, real estate brokerage services, vacation rentals, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. TowneBank was incorporated in 1998 and is based in Portsmouth, Virginia.

Address:

5716 High Street, Portsmouth, VA, United States, 23703

Directors & Officers

▼
Name Title Year Born
Mr. G. Robert Aston Jr. Executive Chairman 1945
Mr. William I. Foster III CEO, President & Director 1956
Mr. William B. Littreal CPA Senior Executive VP & CFO 1970
Mr. Brian K. Skinner President & Regional Banking Director for Virginia and Northeastern North Carolina 1971
Mr. R. Lee Clark Senior Executive VP & COO 1968
Mr. Kevin L. Fly Senior EVP & Chief Accounting Officer 1966
Mr. Denys J. Diaz Senior EVP & Chief Information Officer 1967
Mr. George P. Whitley J.D. Senior Executive VP & Chief Legal Officer 1953
Mr. James P. Bradner Executive Vice President of Towneinsurance NA
Mr. C. Ross Morgan President of Portsmouth & Real Estate Finance Group NA

Shares Statistics

▼
Shares Outstanding: 78.93M
Shares Float: 72.57M
% Insiders: 664.10%
% Institutions: 6,013.20%
Short % Float: 0.62%

Valuation Metrics

▼
Enterprise Value: $2.81B
Trailing P/E: 15.39
Forward P/E: 0.00

Financial Highlights

▼
Market Cap: $2.71B
P/E Ratio: $15.39
PEG Ratio: $0.00
Book Value: $30.81
Dividend/Share: $1.04
Dividend Yield: 2.99%
Earnings/Share: $2.23
Profit Margin: 22.13%
Operating Margin: 34.38%
ROA (TTM): 0.93%
ROE (TTM): 7.48%
Revenue (TTM): $766.60M
Revenue/Share (TTM): $10.16
Earnings Growth (YOY): -10.80%
Revenue Growth (YOY): 14.10%

Stock Price History

▼

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

▼

Revenue & Net Income

Operating Expenses

Balance Sheet Overview

Earnings Per Share (EPS)

Earnings History

▼
Date EPS Actual EPS Estimate Difference Surprise %
Mar 31, 2026 N/A N/A N/A N/A
Dec 31, 2025 N/A 0.71 N/A N/A
Sep 30, 2025 0.83 0.76 N/A 921.05%
Jun 30, 2025 0.81 0.65 N/A 2,461.54%
Mar 31, 2025 0.68 0.61 N/A 1,147.54%
Dec 31, 2024 0.55 0.48 N/A 1,458.33%
Sep 30, 2024 0.58 0.56 N/A 357.14%
Jun 30, 2024 0.57 0.48 N/A 1,875.00%
Mar 31, 2024 0.48 0.48 N/A 0.00%
Dec 31, 2023 0.42 0.47 N/A -1,063.83%
Sep 30, 2023 0.60 0.49 N/A 2,244.90%
Jun 30, 2023 0.52 0.57 N/A -877.19%
Mar 31, 2023 0.62 0.67 N/A -746.27%
Dec 31, 2022 0.65 0.71 N/A -845.07%
Sep 30, 2022 0.70 0.67 N/A 447.76%
Jun 30, 2022 0.64 0.61 N/A 491.80%
Mar 31, 2022 0.63 0.57 N/A 1,052.63%
Dec 31, 2021 0.55 0.59 N/A -677.97%
Sep 30, 2021 0.69 0.65 N/A 615.38%
Jun 30, 2021 0.77 0.66 N/A 1,666.67%
Mar 31, 2021 0.94 0.60 N/A 5,666.67%
Dec 31, 2020 0.69 0.52 N/A 3,269.23%
Sep 30, 2020 0.46 0.46 N/A 0.00%
Jun 30, 2020 0.44 0.25 N/A 7,600.00%
Mar 31, 2020 0.36 0.35 N/A 285.71%
Dec 31, 2019 0.49 0.43 N/A 1,395.35%
Sep 30, 2019 0.52 0.51 N/A 196.08%
Jun 30, 2019 0.48 0.52 N/A -769.23%
Mar 31, 2019 0.44 0.49 N/A -1,020.41%
Dec 31, 2018 0.49 0.53 N/A -754.72%
Sep 30, 2018 0.54 0.53 N/A 188.68%
Jun 30, 2018 0.49 0.49 N/A 0.00%
Mar 31, 2018 0.46 0.45 N/A 222.22%
Dec 31, 2017 0.37 0.36 N/A 277.78%
Sep 30, 2017 0.44 0.42 N/A 476.19%
Jun 30, 2017 0.40 0.40 N/A 0.00%
Mar 31, 2017 0.35 0.38 N/A -789.47%
Dec 31, 2016 0.30 0.31 N/A -322.58%
Sep 30, 2016 0.40 0.39 N/A 256.41%
Jun 30, 2016 0.36 0.35 N/A 285.71%
Mar 31, 2016 0.35 0.30 N/A 1,666.67%
Dec 31, 2015 0.24 0.30 N/A -2,000.00%
Sep 30, 2015 0.34 0.32 N/A 625.00%
Jun 30, 2015 0.24 0.33 N/A -2,727.27%
Mar 31, 2015 0.29 0.31 N/A -645.16%
Dec 31, 2014 0.20 0.31 N/A -3,548.39%
Sep 30, 2014 0.34 0.34 N/A 0.00%
Jun 30, 2014 0.33 0.31 N/A 645.16%
Mar 31, 2014 0.31 0.29 N/A 689.66%
Dec 31, 2013 0.27 0.29 N/A -689.66%
Sep 30, 2013 0.28 0.29 N/A -344.83%
Jun 30, 2013 0.31 0.28 N/A 1,071.43%
Mar 31, 2013 0.29 0.26 N/A 1,153.85%
Dec 31, 2012 0.27 0.25 N/A 800.00%
Sep 30, 2012 0.26 0.27 N/A -370.37%
Jun 30, 2012 0.26 N/A N/A N/A
Mar 31, 2012 0.25 N/A N/A N/A
Dec 31, 2011 0.22 0.19 N/A 1,578.95%
Sep 30, 2011 0.17 0.13 N/A 3,076.92%
Jun 30, 2011 0.17 N/A N/A N/A
Mar 31, 2011 0.20 N/A N/A N/A
Dec 31, 2010 0.18 0.08 N/A 12,500.00%
Sep 30, 2010 0.17 0.12 N/A 4,166.67%
Jun 30, 2010 0.16 0.13 N/A 2,307.69%
Mar 31, 2010 0.19 0.13 N/A 4,615.38%
Dec 31, 2009 0.17 0.13 N/A 3,076.92%
Sep 30, 2009 0.18 N/A N/A N/A
Jun 30, 2009 0.15 N/A N/A N/A
Mar 31, 2009 0.13 N/A N/A N/A
Dec 31, 2008 0.16 N/A N/A N/A
Sep 30, 2008 0.23 N/A N/A N/A
Jun 30, 2008 0.23 N/A N/A N/A
Mar 31, 2008 0.23 N/A N/A N/A
Dec 31, 2007 0.22 N/A N/A N/A
Sep 30, 2007 0.22 N/A N/A N/A
Jun 30, 2007 0.23 N/A N/A N/A
Mar 31, 2007 0.21 N/A N/A N/A
Dec 31, 2006 0.24 N/A N/A N/A
Sep 30, 2006 0.21 N/A N/A N/A
Jun 30, 2006 0.22 N/A N/A N/A
Mar 31, 2006 0.18 N/A N/A N/A
Dec 31, 2005 0.19 N/A N/A N/A
Sep 30, 2005 0.17 N/A N/A N/A
Jun 30, 2005 0.17 N/A N/A N/A
Mar 31, 2005 0.17 N/A N/A N/A

Balance Sheet (Yearly)

▼
Date Cash Total Debt Total Assets Total Liabilities Total Equity
2024-12-31 $1.34B $N/A $17.25B $15.09B $2.14B
2023-12-31 $1.13B $N/A $16.84B $14.78B $2.04B
2022-12-31 $1.15B $N/A $15.85B $252.09M $1.87B
2021-12-31 $3.30B $N/A $16.36B $405.02M $1.90B
2020-12-31 $1.86B $N/A $14.63B $705.09M $1.77B
2019-12-31 $442.62M $N/A $11.95B $10.29B $1.64B
2018-12-31 $686.70M $N/A $11.16B $9.62B $1.53B
2017-12-31 $521.19M $N/A $8.52B $7.38B $1.13B
2016-12-31 $136.55M $N/A $7.97B $6.89B $1.08B
2015-12-31 $251.84M $N/A $6.30B $5.48B $810.92M
2014-12-31 $214.01M $N/A $4.98B $4.36B $608.94M
2013-12-31 $204.79M $N/A $4.67B $4.09B $576.31M
2012-12-31 $129.29M $N/A $4.41B $3.85B $552.91M
2011-12-31 $314.14M $N/A $4.08B $3.56B $514.19M
2010-12-31 $150.48M $N/A $3.87B $3.37B $492.33M
2009-12-31 $64.72M $N/A $3.61B $3.14B $457.62M
2008-12-31 $69.75M $N/A $3.13B $2.71B $419.67M
2007-12-31 $69.34M $N/A $2.50B $2.24B $256.86M
2006-12-31 $50.77M $N/A $2.19B $1.96B $230.02M
2005-12-31 $54.66M $N/A $1.80B $1.59B $211.99M
2004-12-31 $35.57M $N/A $1.45B $1.26B $188.52M
2003-12-31 $31.29M $N/A $931.87M $851.23M $80.64M
2002-12-31 $39.38M $N/A $763.90M $693.06M $70.84M
2001-12-31 $17.42M $N/A $559.51M $518.35M $41.16M
2000-12-31 $N/A $N/A $384.82M $347.76M $37.06M

Watchlist

0

No stocks in watchlist