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%
View More

Highlights

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

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%
View More

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
2021-03-292021-04-092021-03-302021-02-24$0.18
2020-12-292021-01-112020-12-302020-12-02$0.18
2020-09-292020-10-092020-09-302020-08-26$0.18
2020-06-292020-07-102020-06-302020-05-27$0.18
2020-03-272020-04-102020-03-302020-02-26$0.18
2019-12-272020-01-102019-12-302019-11-27$0.18
2019-09-272019-10-102019-09-302019-08-28$0.18
2019-06-272019-07-102019-06-282019-05-22$0.18
2019-03-282019-04-102019-03-292019-02-27$0.16
2018-12-272019-01-112018-12-282018-11-28$0.16
2018-09-272018-10-102018-09-282018-08-22$0.16
2018-06-282018-07-102018-06-292018-05-22$0.16
2018-03-282018-04-102018-03-292018-02-28$0.14
2017-12-282018-01-122017-12-292017-11-22$0.14
2017-09-282017-10-122017-09-292017-08-23$0.14
2017-06-282017-07-122017-06-302017-05-23$0.14
2017-03-282017-04-122017-03-302017-02-22$0.13
2016-12-282017-01-122016-12-302016-11-23$0.13
2016-09-282016-10-122016-09-302016-08-24$0.13
2016-06-282016-07-122016-06-302016-05-18$0.13
2016-03-282016-04-122016-03-302016-02-24$0.12
2015-12-282016-01-122015-12-302015-11-25$0.12
2015-09-282015-10-092015-09-302015-08-26$0.12
2015-06-262015-07-102015-06-302015-05-19$0.12
2015-03-262015-04-102015-03-302015-02-27$0.11
2014-12-262015-01-122014-12-302014-11-26$0.11

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 155.03TRUE00
2021-05-21200CALL 114.38TRUE00
2021-05-2122.50CALL 114.67TRUE00
2021-05-21255.4CALL1 1101.59TRUE5.40
2021-05-21300CALL 55.4TRUE00
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
2021-05-21300.95PUT1 833.59FALSE-0.09-0.09
2021-05-21350PUT 48.96TRUE00
2021-05-21400PUT 62.77TRUE00
2021-05-21450PUT 89.47TRUE00
2021-06-182.50CALL 531TRUE00
2021-06-1850CALL 375.14TRUE00
2021-06-187.50CALL 279.05TRUE00
2021-06-18100CALL 180.16TRUE00
2021-06-1812.50CALL 147.54TRUE00
2021-06-18150CALL 133.26TRUE00
2021-06-1817.56.4CALL20 20138.04TRUE4.051.72
2021-06-182011CALL1 1102.41TRUE110
2021-06-1822.510.7CALL30 30134.91TRUE10.220.4
2021-06-18255.7CALL30 638113.51TRUE-0.3-0.05
2021-06-18303.1CALL2 6241.01TRUE-0.6-0.16
2021-06-18350.25CALL12 143.83FALSE-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 3743.65FALSE-1.25-0.71
2021-06-18302PUT3 348.94FALSE20
2021-06-18350PUT 28.89TRUE00
2021-06-18400PUT 64.12TRUE00
2021-09-171514.8CALL1 160.62TRUE14.80
2021-09-1717.50CALL 96.91TRUE00
2021-09-17200CALL 86.5TRUE00
2021-09-1722.59.55CALL1 140.13TRUE9.550
2021-09-17256.7CALL1 1129.65TRUE0.20.03
2021-09-17302.6CALL10 2244.84TRUE-0.3-0.1
2021-09-17351.1CALL1 8632.47FALSE0.170.18
2021-09-17400CALL 40.47FALSE00
2021-09-17150.5PUT5 566FALSE0.50
2021-09-1717.50PUT 0FALSE00
2021-09-17200PUT 55.26FALSE00
2021-09-1722.50PUT 69.89FALSE00
2021-09-17252.91PUT7 753.11FALSE2.910
2021-09-17302.5PUT3 325.67FALSE2.50
2021-09-17350PUT 30.35TRUE00
2021-09-17400PUT 32.96TRUE00
2021-12-1717.50CALL 42.04TRUE00
2021-12-17200CALL 61.95TRUE00
2021-12-1722.50CALL 34.82TRUE00
2021-12-17256.3CALL60 30.43TRUE6.30
2021-12-17300CALL 36.24TRUE00
2021-12-17350CALL 36.72FALSE00
2021-12-17400CALL 46.41FALSE00
2021-12-17450CALL 42.36FALSE00
2021-12-1717.50PUT 65.09FALSE00
2021-12-17200PUT 54.37FALSE00
2021-12-1722.50PUT 46.1FALSE00
2021-12-17250PUT 42.78FALSE00
2021-12-17300PUT 33.93FALSE00
2021-12-17350PUT 37.82TRUE00
2021-12-17400PUT 39.94TRUE00
2021-12-17450PUT 37.83TRUE00

Latest TOWN Trades:

Date Shares Price
Apr 20, 2021 7:58 PM EST14$29.415
Apr 20, 2021 7:59 PM EST21$29.41
Apr 20, 2021 7:59 PM EST33$29.38
Apr 20, 2021 7:59 PM EST67$29.38
Apr 20, 2021 7:59 PM EST100$29.39

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