Towne Bank (TOWN)

• Market cap: $3.26B
• 1 day: 1.48%
• 5 days: 4.45%
• 1 month: 4.27%
• 3 months: 8.29%
• 6 months: 0.54%
• Year to date: 7.38%
• 1 year: 4.6%
• 5 years: 14.4%
• 10 years: 64.3%
• Sector: Financials
• Industry: Banks - Regional

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