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Towne Bank

TOWN

Market cap $3.41B

36.09 USD

-0.42

1.15%

At close Updated Oct 28, 4:00 PM EDT

Pre-market

After hours

36.47

+0.38

1.05%

1 day

-1.15%

5 days

0.75%

1 month

0%

3 months

-6.6%

6 months

0.42%

Year to date

8.64%

1 year

8.35%

5 years

16.38%

10 years

45.82%

About: Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.

Employees: 1,939

Financials Banks - Regional

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 50%

Neutral 50%

Negative 0%

Zacks Investment Research

TowneBank (TOWN) Q3 Earnings and Revenues Beat Estimates

TowneBank (TOWN) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.83 per share a year ago.

TowneBank (TOWN) Q3 Earnings and Revenues Beat Estimates

Zacks Investment Research

TowneBank (TOWN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for TowneBank (TOWN) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

TowneBank (TOWN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Townebank Reports Third Quarter 2026 Earnings

SUFFOLK, Va., Oct. 28, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2026 of $81.78 million, or $0.88 per diluted share, compared to $44.30 million, or $0.58 per diluted share, for the quarter ended September 30, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $83.85 million, or $0.91 per diluted share, in the current quarter compared to $68.77 million, or $0.90 per diluted share, for the quarter ended September 30, 2025.

Townebank Reports Third Quarter 2026 Earnings

Zacks Investment Research

TowneBank (TOWN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

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.

TowneBank (TOWN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

TowneBank Enhances North Carolina Presence Through Agreement To Acquire blueharbor bank

SUFFOLK, Va. and MOORESVILLE, N.C.

TowneBank Enhances North Carolina Presence Through Agreement To Acquire blueharbor bank

Dividend Champion, Contender, And Challenger Highlights: Week October 4

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week October 4

TowneBank Announces Quarterly Cash Dividend

SUFFOLK, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-quarter shareholder cash dividend of $0.28 per common share payable on October 9, 2026, to shareholders of record on September 25, 2026.

TowneBank Announces Quarterly Cash Dividend

Greater Clarity For The Future Makes TowneBank More Interesting (Rating Upgrade)

TowneBank is upgraded to Buy, reflecting improved clarity post-acquisitions and a strong presence in attractive Southeastern markets. TOWN's Q2 2026 results show operational improvements: declining deposit costs, higher net interest margin (3.68%), and rising capital ratios. Valuation aligns with sector averages, but TOWN's above-average service area and diversified subsidiaries justify a premium; forward yield stands at 2.99%.

Greater Clarity For The Future Makes TowneBank More Interesting (Rating Upgrade)

TowneBank Reports Second Quarter 2026 Earnings

SUFFOLK, Va., July 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2026 of $193.19 million, or $2.09 per diluted share, compared to $40.89 million, or $0.54 per diluted share, for the quarter ended June 30, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $72.01 million, or $0.78 per diluted share, in the current quarter compared to $63.39 million, or $0.84 per diluted share, for the quarter ended June 30, 2025.

TowneBank Reports Second Quarter 2026 Earnings

Zacks Investment Research

Analysts Estimate TowneBank (TOWN) to Report a Decline in Earnings: What to Look Out for

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.

Analysts Estimate TowneBank (TOWN) to Report a Decline in Earnings: What to Look Out for

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