Towne Bank (TOWN)

• Market cap: $2.51B
• 1 day: -2.49%
• 5 days: -2.72%
• 1 month: -4.67%
• 3 months: -1.51%
• 6 months: -8.50%
• Year to date: 0.09%
• 1 year: 25.80%
• 5 years: 80.51%
• 10 years: 106.91%
• Sector: Financials
• Industry: Banks - Regional

About: Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: the Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and the Insurance Segment provides a wide array of insurance products, including property, casualty, life, and health insurance.

Employees: 1,485

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

4,786% more call options, than puts

Call options by funds: $342K | Put options by funds: $7K

113% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 16

6% more funds holding

Funds holding: 217 [Q4 2024] → 231 (+14) [Q1 2025]

0% less capital invested

Capital invested by funds: $1.48B [Q4 2024] → $1.48B (-$79.4K) [Q1 2025]

0.23% less ownership

Funds ownership: 59.63% [Q4 2024] → 59.4% (-0.23%) [Q1 2025]

9% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 77