NasdaqGS - Nasdaq Real Time Price USD

TowneBank (TOWN)

26.92

-0.23

(-0.85%)

At close: April 26 at 4:00 PM EDT

26.92

0.00

(0.00%)

After hours: April 26 at 4:20 PM EDT

TowneBank First Quarter 2024 Earnings: Misses Expectations

TowneBank ( NASDAQ:TOWN ) First Quarter 2024 Results Key Financial Results Revenue: US$168.0m (down 2.6% from 1Q 2023...

Simply Wall St. 13 hours ago

TOWN
-0.85%
Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics

The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks 2 days ago

TOWN
-0.85%
TowneBank (TOWN) Meets Q1 Earnings Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 0.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 2 days ago

TOWN
-0.85%
TowneBank Reports First Quarter 2024 Earnings

SUFFOLK, Va., April 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2024 of $34.69 million, or $0.46 per diluted share, compared to $38.33 million, or $0.52 per diluted share, for the quarter ended March 31, 2023. Excluding acquisition-related items and the incremental FDIC special assessment, adjusted earnings (non-GAAP) for first quarter 2024 were $36.27 million, or $0.48 per diluted share, compared to $46

GlobeNewswire 2 days ago

TOWN
-0.85%
TowneBank (TOWN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

TowneBank (TOWN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 8 days ago

TOWN
-0.85%
Institutional investors in TowneBank (NASDAQ:TOWN) see US$61m decrease in market cap last week, although long-term gains have benefitted them.

Key Insights Significantly high institutional ownership implies TowneBank's stock price is sensitive to their trading...

Simply Wall St. 12 days ago

TOWN
-0.85%
TowneBank Announces Retirement of Two Directors

SUFFOLK, Va., March 27, 2024 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today that two long-serving members of its Board of Directors, Jacqueline B. Amato and Bradford L. Cherry, will step down from the Board and move to Emeritus status following the 2024 Annual Meeting of Shareholders. Cherry is a founding director of TowneBank, having served as a director since TowneBank’s opening in 1999. Amato joined TowneBank in 2000 to lead its successful entry into the residential mortgage len

GlobeNewswire 30 days ago

TOWN
-0.85%
TowneBank (TOWN) Upgraded to Strong Buy: What Does It Mean for the Stock?

TowneBank (TOWN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks last month

TOWN
-0.85%
Sachin Shetty, Ph.D., Joins TowneBank Corporate Board of Directors

Sachin Shetty New Corporate Director TowneBank SUFFOLK, Va., March 05, 2024 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce that TowneBank has appointed Sachin Shetty, Ph.D., to its Board of Directors. Dr. Shetty is an Executive Director for the Center for Secure and Intelligent Critical Systems and Professor with the Electrical and Computer Engineering Department at Old Dominion University, where he leads a research team focused on developing and integrating secure and intel

GlobeNewswire last month

TOWN
-0.85%
TowneBank Announces Quarterly Cash Dividend

SUFFOLK, Va., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its first-quarter shareholder cash dividend of $0.25 per common share payable on April 12, 2024, to shareholders of record on March 29, 2024. The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions. About TowneBank:Founded in 1999, TowneBank is a company built on relationshi

GlobeNewswire last month

TOWN
-0.85%
Bullish TowneBank Insiders Loaded Up On US$1.17m Of Stock

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...

Simply Wall St. 2 months ago

TOWN
-0.85%
Here's What Key Metrics Tell Us About TowneBank (TOWN) Q4 Earnings

While the top- and bottom-line numbers for TowneBank (TOWN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks 2 months ago

TOWN
-0.85%
TowneBank Reports Full Year and Fourth Quarter Financial Results For 2023

SUFFOLK, Va., Jan. 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (Nasdaq: TOWN) today reported financial results for the full year and fourth quarter ended December 31, 2023. For the year ended December 31, 2023, earnings were $153.72 million, or $2.06 per diluted share, compared to $188.99 million, or $2.60 per diluted share, for the year ended December 31, 2022. Excluding acquisition-related items, an FDIC special assessment, and certain notable items, adjusted earnings (no

GlobeNewswire 3 months ago

TOWN
-0.85%
TowneBank (NASDAQ:TOWN) stock performs better than its underlying earnings growth over last three years

By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...

Simply Wall St. 3 months ago

TOWN
-0.85%
The Zacks Analyst Blog Highlights United Bankshares, Wintrust Financial, First BanCorp, TowneBank and WSFS Financial

United Bankshares, Wintrust Financial, First BanCorp, TowneBank and WSFS Financial are included in this Analyst Blog.

Zacks 4 months ago

^GSPC

WSFS
-3.77%
WTFC
5 Top-Ranked Banks That Outperformed S&P 500 in November

Bank stocks are on a roll in November on investor optimism about no further rate hikes, with United Bankshares (UBSI), Wintrust Financial (WTFC), First BanCorp. (FBP), TowneBank (TOWN) and WSFS Financial (WSFS) outperforming the S&P 500 index.

Zacks 4 months ago

WSFS
-3.77%
UBSI

TOWN
-0.85%
Surging Earnings Estimates Signal Upside for TowneBank (TOWN) Stock

TowneBank (TOWN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Zacks 4 months ago

TOWN
-0.85%
TowneBank (TOWN) Q3 Earnings and Revenues Beat Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 17.65% and 0.56%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks 5 months ago

TOWN
-0.85%
TowneBank Reports Third Quarter 2023 Earnings

SUFFOLK, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2023 of $44.86 million, or $0.60 per diluted share, compared to $50.17 million, or $0.69 per diluted share, for the quarter ended September 30, 2022. "We were pleased to deliver a solid performance for the quarter which reflected the strength of our core deposit franchise, diversified revenue model and robust capital levels. TowneBank con

GlobeNewswire 5 months ago

TOWN
-0.85%
Earnings Preview: TowneBank (TOWN) Q3 Earnings Expected to Decline

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 6 months ago

TOWN
-0.85%

Performance Overview

Return	TOWN	S&P 500
YTD	-8.70%	+6.92%
1-Year	+18.47%	+25.26%
3-Year	-3.35%	+22.00%

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TowneBank (TOWN)

TowneBank First Quarter 2024 Earnings: Misses Expectations

Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics

TowneBank (TOWN) Meets Q1 Earnings Estimates

TowneBank Reports First Quarter 2024 Earnings

TowneBank (TOWN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Institutional investors in TowneBank (NASDAQ:TOWN) see US$61m decrease in market cap last week, although long-term gains have benefitted them.

TowneBank Announces Retirement of Two Directors

TowneBank (TOWN) Upgraded to Strong Buy: What Does It Mean for the Stock?

Sachin Shetty, Ph.D., Joins TowneBank Corporate Board of Directors

TowneBank Announces Quarterly Cash Dividend

Bullish TowneBank Insiders Loaded Up On US$1.17m Of Stock

Here's What Key Metrics Tell Us About TowneBank (TOWN) Q4 Earnings

TowneBank Reports Full Year and Fourth Quarter Financial Results For 2023

TowneBank (NASDAQ:TOWN) stock performs better than its underlying earnings growth over last three years

The Zacks Analyst Blog Highlights United Bankshares, Wintrust Financial, First BanCorp, TowneBank and WSFS Financial

5 Top-Ranked Banks That Outperformed S&P 500 in November

Surging Earnings Estimates Signal Upside for TowneBank (TOWN) Stock

TowneBank (TOWN) Q3 Earnings and Revenues Beat Estimates

TowneBank Reports Third Quarter 2023 Earnings

Earnings Preview: TowneBank (TOWN) Q3 Earnings Expected to Decline

Performance Overview