TowneBank

(NASDAQ:TOWN)

Latest On TowneBank (TOWN):

Date/Time Type Description Signal Details
2021-03-29 05:55 ESTDividendA dividend of $0.18 has been announced on Feb 24, 2021. It will be paid Apr 9, 2021 with an ex-dividend date of Mar 29, 2021.Neutral
2021-02-04 04:41 ESTAnalyst RatingThe Analyst Target Price has increased from $26.33 to $27.33.Buy
2021-02-04 02:58 ESTNewsPiper Sandler upgrades TowneBank, HomeBancorp, First Community BanksharesN/A
2021-02-03 00:46 ESTAnalyst RatingThe Analyst Target Price has increased from $25.67 to $26.33.Buy
2021-02-01 00:40 ESTAnalyst RatingThe Analyst Target Price has increased from $24.67 to $25.67.Buy
2021-01-30 16:39 ESTFinancialsCompany financials have been released.Neutral
2021-01-29 08:42 ESTEarnings EstimateAn EPS average of $1.65 is estimated for the 2022 year.Buy
2021-01-29 08:42 ESTEarnings EstimateAn EPS average of $0.43 is estimated for the quarter ending on June 30, 2021.Sell
2021-01-28 14:17 ESTNewsTowneBank EPS beats by $0.15, beats on revenueN/A
2021-01-01 04:51 ESTAnalyst RatingThe Analyst Target Price has increased from $24.33 to $24.67.Buy
2020-12-29 04:54 ESTDividendA dividend of $0.18 has been announced on Dec 2, 2020. It will be paid Jan 11, 2021 with an ex-dividend date of Dec 29, 2020.Neutral
2020-12-23 20:16 ESTNewsTowneBank: Trading At Its Book Value And With A 3%+ Dividend YieldN/A
2020-12-21 05:22 ESTAnalyst RatingThe Analyst Target Price has increased from $22.67 to $24.33.Buy
2020-11-26 21:47 ESTFinancialsCompany financials have been released.Neutral
2020-11-23 01:15 ESTAnalyst RatingThe Analyst Target Price has increased from $22 to $22.67.Buy
2020-11-18 04:59 ESTAnalyst RatingThe Analyst Target Price has increased from $21.67 to $22.Neutral
2020-11-17 05:33 ESTAnalyst RatingThe Analyst Target Price has increased from $20.67 to $21.67.Buy
2020-11-12 21:37 ESTFinancialsCompany financials have been released.Neutral
2020-11-08 01:06 ESTFinancialsCompany financials have been released.Neutral
2020-11-07 17:21 ESTFinancialsCompany financials have been released.Neutral
2020-11-02 18:49 ESTFinancialsCompany financials have been released.Neutral
2020-10-30 15:00 ESTEarnings EstimateAn EPS average of $0.34 is estimated for the quarter ending on March 31, 2021.Sell
2020-10-30 15:00 ESTAnalyst RatingThe Analyst Target Price has increased from $20.33 to $20.67.Buy
2020-10-23 09:48 ESTNewsTowneBank EPS beats by $0.01N/A
2020-09-29 05:56 ESTDividendA dividend of $0.18 has been announced on Aug 26, 2020. It will be paid Oct 9, 2020 with an ex-dividend date of Sep 29, 2020.Neutral
2020-09-26 14:15 ESTFinancialsCompany financials have been released.Neutral
2020-09-17 06:27 ESTFinancialsCompany financials have been released.Neutral
2020-08-14 10:21 ESTFinancialsCompany financials have been released.Neutral
2020-08-13 14:00 ESTFinancialsCompany financials have been released.Neutral
2020-08-06 09:43 ESTFinancialsCompany financials have been released.Neutral
2020-08-04 06:05 ESTAnalyst RatingThe Analyst Target Price has decreased from $21 to $20.33.Neutral
2020-07-30 18:07 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 06:03 ESTFinancialsCompany financials have been released.Neutral
2020-07-29 22:10 ESTFinancialsCompany financials have been released.Neutral
2020-07-28 17:47 ESTFinancialsCompany financials have been released.Neutral
2020-07-27 13:58 ESTFinancialsCompany financials have been released.Neutral
2020-07-24 13:50 ESTNewsTowneBank EPS beats by $0.20, beats on revenueN/A
2020-07-23 18:41 ESTFinancialsCompany financials have been released.Neutral
2020-07-09 10:11 ESTFinancialsCompany financials have been released.Neutral
2020-07-01 17:58 ESTFinancialsCompany financials have been released.Neutral
2020-06-29 05:55 ESTDividendA dividend of $0.18 has been announced on May 27, 2020. It will be paid Jul 10, 2020 with an ex-dividend date of Jun 29, 2020.Neutral
2020-06-19 13:50 ESTFinancialsCompany financials have been released.Neutral
2020-06-14 05:54 ESTFinancialsCompany financials have been released.Neutral
2020-06-12 06:40 ESTFinancialsCompany financials have been released.Neutral
2020-06-02 01:54 ESTAnalyst RatingThe Analyst Target Price has decreased from $22 to $21.Neutral
2020-05-27 06:29 ESTFinancialsCompany financials have been released.Neutral
2020-05-21 02:02 ESTFinancialsCompany financials have been released.Neutral
2020-05-06 06:37 ESTFinancialsCompany financials have been released.Neutral
2020-05-01 13:49 ESTFinancialsCompany financials have been released.Neutral
2020-05-01 05:59 ESTFinancialsCompany financials have been released.Neutral

About TowneBank (TOWN):

TowneBank provides retail and commercial banking services for individuals, professionals, and commercial enterprises. The company operates in three segments: Banking, Realty, and Insurance. It accepts various deposits products, 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, such as alternative investments, annuities, margin accounts, convertible bonds, and pension and profit sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. As of March 02, 2021, it operated approximately 40 banking offices in Central Virginia, as well as Northeastern and Central North Carolina. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia.

See Advanced Chart

General

  • Name TowneBank
  • Symbol TOWN
  • Type Common Stock
  • Exchange NASDAQ
  • Currency USD
  • Country USA
  • SectorFinancial Services
  • IndustryBanks-Regional
  • Full Time Employees 2,490
  • Last Split Factor103:100
  • Last Split Date2012-05-23
  • Fiscal Year EndDecember
  • IPO Date1999-05-07
  • Gic SectorFinancials
  • Gic GroupBanks
  • Gic IndustryBanks
  • Gic SubIndustryRegional Banks
  • Web URLhttp://www.townebank.com
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Valuation

  • Trailing PE 16.13
  • Price/Sales (Trailing 12 Mt.) 3.53
  • Price/Book (Most Recent Quarter) 1.33
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Financials

  • Most Recent Quarter 2020-12-31
  • Current Year EPS Estimate $2.12
  • Next Year EPS Estimate $1.91
  • Next Quarter EPS Estimate $0.51
  • Profit Margin 24%
  • Operating Margin 36%
  • Return on Assets 1%
  • Return on Equity 10%
  • Revenue 597.16 million
  • Earnings Per Share $2.01
  • Revenue Per Share $8.26
  • Gross Profit 597.16 million
  • Quarterly Earnings Growth 25.1%
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Highlights

  • Market Capitalization 2.36 billion
  • Analyst Target Price $27.33
  • Book Value Per Share $24.61
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Share Statistics

  • Shares Outstanding 72.64 million
  • Shares Float 66.32 million
  • % Held by Insiders 540%
  • % Held by Institutions 49.72%
  • Shares Short 968287
  • Shares Short Prior Month 862912
  • Short Ratio 5.75
  • Short % of Shares Outstanding 1%
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Technicals

  • Beta 1.19
  • 52 Week High $32.78
  • 52 Week Low $14.46
  • 50 Day Moving Average 28.16
  • 200 Day Moving Average 22.49
View More

Dividends

  • Forward Annual Dividend Rate $0.72
  • Forward Annual Dividend Yield 2.28%
  • Payout Ratio 36%
  • Dividend Date 2021-04-09
  • ExDividend Date 2021-03-29
  • Dividend Per Share $0.72
  • Dividend Yield 2.3%
View More

TowneBank (TOWN) Dividend Calendar:

TowneBank pays an annual dividend of $0.72 per share, with a dividend yield of 2.3%.
TOWN's last dividend payment was made to shareholders on April 9, 2021.
TowneBank pays out 36% of its earnings out as a dividend.

Ex-Dividend Date Payment Date Record Date Declared Date Amount

TowneBank (TOWN) Earnings Estimates:

An earnings estimate is an analyst's estimate for a company's future quarterly or annual earnings per share (EPS). Future earnings estimates are arguably the most important data when attempting to value a firm.

TOWN's EPS estimate for the current year is $2.12
Date Number of Analysts Average Estimate Low Estimate High Estimate
2021-06-304$0.43$0.38$0.53

TowneBank (TOWN) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.

TOWN's next estimated earnings release date is April 27, 2021.


Quarter Date Report Date Actual Revenue Reported EPS EPS Estimate Deviation from Estimate
2020-12-312021-01-28$N/A$0.69$0.5233.98%
2020-09-302020-10-22$N/A$0.46$0.46-0.33%
2020-06-302020-07-23$N/A$0.48$0.2871.43%
2020-03-312020-04-27$N/A$0.36$0.351.9%
2019-12-312020-01-23$136.07 million$0.49$0.4313.95%
2019-09-302019-10-24$144.37 million$0.52$0.512.62%
2019-06-302019-07-25$141.71 million$0.48$0.52-7.25%
2019-03-312019-04-25$132.42 million$0.44$0.49-9.28%
2018-12-312019-01-24$129.13 million$0.49$0.53-6.67%
2018-09-302018-10-25$136.67 million$0.54$0.532.86%
2018-06-302018-07-26$134 million$0.49$0.490%
2018-03-312018-04-25$124.32 million$0.46$0.452.22%
2017-12-312018-01-25$68.25 million$0.37$0.362.78%
2017-09-302017-10-26$667.8 million$0.44$0.424.76%
2017-06-302017-07-27$-394854000$0.40$0.400%
2017-03-312017-04-27$102.63 million$0.35$0.38-7.13%
2016-12-312017-01-26$368.74 million$0.30$0.31-3.23%
2016-09-302016-10-27$N/A$0.40$0.392.56%
2016-06-302016-07-28$N/A$0.36$0.352.86%
2016-03-312016-04-28$N/A$0.35$0.3016.67%
2015-12-312016-01-29$294.7 million$0.24$0.30-20%
2015-09-302015-10-22$N/A$0.34$0.333.03%
2015-06-302015-07-24$N/A$0.35
2015-03-312015-04-27$N/A$0.29
2014-12-312015-02-02$269.24 million$0.20
2014-09-302014-10-23$N/A$0.34
2014-06-302014-07-23$N/A$0.33
2014-03-312014-04-24$N/A$0.31
2013-12-312014-01-30$260.82 million$0.27
2013-09-302013-10-25$N/A$0.28
2013-06-302013-07-26$N/A$0.31
2013-03-312013-04-25$N/A$0.29
2012-12-312013-01-29$257.7 million$0.26
2012-09-302012-10-24$N/A$0.26
2012-06-302012-07-26$N/A$0.26
2012-03-312012-05-03$N/A$0.25
2011-12-312012-01-31$240.21 million$0.22$0.1915.79%
2011-09-302011-10-28$N/A$0.17$0.1330.77%
2011-06-302011-07-28$N/A$0.17
2011-03-312011-05-05$N/A$0.20
2010-12-312011-01-31$235.25 million$0.18$0.08125%
2010-09-302010-11-09$N/A$0.17$0.1241.67%
2010-06-302010-07-29$N/A$0.16
2010-03-312010-04-22$N/A$0.20
2009-12-312010-01-28$223.82 million$0.17$0.1330.77%
2009-09-302009-11-05$N/A$0.18
2009-06-302009-07-23$N/A$0.15
2009-03-312009-04-27$N/A$0.13
2008-12-312009-01-30$194.72 million$0.16
2008-09-302008-10-14$N/A$0.23
2008-06-302008-07-16$N/A$0.23
2008-03-312008-03-31$N/A$0.23
2007-12-312007-12-31$192.75 million$0.22
2007-09-302007-09-30$N/A$0.22
2007-06-302007-06-30$N/A$0.23
2007-03-312007-03-31$N/A$0.21
2006-12-312006-12-31$160.16 million$0.24
2006-09-302006-09-30$N/A$0.21
2006-06-302006-06-30$N/A$0.22
2006-03-312006-03-31$N/A$0.18
2005-12-312005-12-31$123.57 million$0.19
2005-09-302005-09-30$N/A$0.17
2005-06-302005-06-30$N/A$0.17
2005-03-312005-03-31$N/A$0.17

TowneBank (TOWN) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:
Date
Research Development
Income Before Tax
Selling General Administrative
Gross Profit
Ebit
Operating Income
Income Tax Expense
Total Revenue
Cost of Revenue
Total Other Income Expense Net
Net Income From Continuing Operations
Net Income Applicable to Common Shares
Cash Flow:
Date
Investments
Change to Liabilities
Total Cash Flow from Investing Activities
Net Borrowings
Total Cash Flow from Financial Activities
Change to Operating Activities
Change in Cash
Total Cash from Operating Activities
Depreciation
Other Cash Flow from Investing Activities
Change to Inventory
Change to Account Receivables
Other Cash Flow from Financing Activities
Change to Net Income
Capital Expenditures
Balance Sheet:
Date
Total Liabailities
Total Stockholder Equity
Other Current Liabilities
Total Assets
Common Stock
Other Current Assets
Retained Earnings
Other Liabilities
Other Assets
Cash
Total Current Liabilities
Other Stockholder Equity
Property, Plant & Equipment
Total Current Assets
Long Term Investments
Net Tangible Assets
Short Term Investments
Long Term Debt
Inventory
Accounts Payable

TowneBank (TOWN) Chart:

TowneBank (TOWN) News:

Below you will find a list of latest news for TowneBank (TOWN) from major news sources. You can filter the results to only show news from a specific source.

No recent news available

TowneBank (TOWN) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date Strike Last Price Type Volume Open Interest Implied Volatility In The Money Change Change Percent
2021-05-2117.50CALL 153.01TRUE00
2021-05-21200CALL 144.53TRUE00
2021-05-2122.50CALL 117.89TRUE00
2021-05-21255CALL1 195.7TRUE-0.4-0.07
2021-05-21300CALL 65.23FALSE00
2021-05-21350CALL 0FALSE00
2021-05-21400CALL 0FALSE00
2021-05-21450CALL 0FALSE00
2021-05-2117.50PUT 0FALSE00
2021-05-21200PUT 0FALSE00
2021-05-2122.50PUT 0FALSE00
2021-05-21250.39PUT61 610FALSE0.390
2021-05-21300.5PUT1 739.53TRUE-0.45-0.47
2021-05-21350PUT 70.61TRUE00
2021-05-21400PUT 100.45TRUE00
2021-05-21450PUT 166.43TRUE00
2021-06-182.50CALL 365.75TRUE00
2021-06-1850CALL 258.26TRUE00
2021-06-187.50CALL 200.42TRUE00
2021-06-18100CALL 169.08TRUE00
2021-06-1812.50CALL 137.45TRUE00
2021-06-18150CALL 133.25TRUE00
2021-06-1817.56.4CALL20 20108.09TRUE4.051.72
2021-06-182011CALL1 1108.69TRUE110
2021-06-1822.510.7CALL30 1087.01TRUE10.220.4
2021-06-18255.7CALL30 62572.05TRUE-0.3-0.05
2021-06-18303.1CALL2 6260.46FALSE-0.6-0.16
2021-06-18350.25CALL12 1345.02FALSE-0.1-0.29
2021-06-18400CALL 0FALSE00
2021-06-182.50PUT 0FALSE00
2021-06-1850PUT 0FALSE00
2021-06-187.50PUT 0FALSE00
2021-06-18100PUT 0FALSE00
2021-06-1812.50PUT 0FALSE00
2021-06-18150PUT 0FALSE00
2021-06-1817.50PUT 0FALSE00
2021-06-18200.9PUT2 20FALSE0.90
2021-06-1822.50PUT 0FALSE00
2021-06-18250.5PUT20 3740.28FALSE-1.25-0.71
2021-06-18301.5PUT1 423.26TRUE-0.5-0.25
2021-06-18350PUT 51.98TRUE00
2021-06-18400PUT 79.58TRUE00
2021-09-171514.8CALL1 174.2TRUE14.80
2021-09-1717.50CALL 72.37TRUE00
2021-09-17200CALL 63.55TRUE00
2021-09-1722.59.55CALL1 155.08TRUE9.550
2021-09-17256.7CALL1 1146.41TRUE0.20.03
2021-09-17302.6CALL10 2237.52FALSE-0.3-0.1
2021-09-17351.1CALL1 8633.52FALSE0.170.18
2021-09-17400CALL 0FALSE00
2021-09-17150.5PUT5 564.09FALSE0.50
2021-09-1717.50PUT 0FALSE00
2021-09-17200PUT 0FALSE00
2021-09-1722.50PUT 66.51FALSE00
2021-09-17252.91PUT7 740.55FALSE2.910
2021-09-17302.5PUT3 332.65TRUE2.50
2021-09-17350PUT 20.97TRUE00
2021-09-17400PUT 50.62TRUE00
2021-12-1717.50CALL 59.23TRUE00
2021-12-17200CALL 52.93TRUE00
2021-12-1722.50CALL 48.1TRUE00
2021-12-17256.3CALL60 6043.71TRUE6.30
2021-12-17300CALL 38.5FALSE00
2021-12-17350CALL 35.36FALSE00
2021-12-17400CALL 0FALSE00
2021-12-17450CALL 0FALSE00
2021-12-1717.50PUT 0FALSE00
2021-12-17200PUT 0FALSE00
2021-12-1722.50PUT 45.29FALSE00
2021-12-17250PUT 34.81FALSE00
2021-12-17300PUT 39.39TRUE00
2021-12-17350PUT 27.33TRUE00
2021-12-17400PUT 43.64TRUE00
2021-12-17450PUT 59.42TRUE00

Latest TOWN Trades:

Date Shares Price
Apr 22, 2021 7:59 PM EST100$29.74
Apr 22, 2021 7:59 PM EST65$29.77
Apr 22, 2021 7:59 PM EST33$29.73
Apr 22, 2021 7:59 PM EST19$29.73
Apr 22, 2021 7:59 PM EST100$29.7

TowneBank (TOWN) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Date Form Type Form Name Link