Towne Bank (TOWN) stock price, chart and financials
Price chart
Financials
- Revenue (quarter)
- $444.3M
- Revenue growth (year over year)
- +111.46%
- Net income (quarter)
- $193.6M
- Net margin
- 28.25%
- Return on equity
- 12.21%
- Book value per share
- $26.28
- Price to book
- 1.09
- Debt to assets
- 88.10%
- Payout ratio
- 47.71%
- Dividend yield
- 4.84%
Company profile
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.
Frequently asked questions
Is Towne Bank (TOWN) profitable?
Yes. Towne Bank earned $320.2M in net income over the trailing twelve months, a net margin of 28.25%.
How much revenue does Towne Bank (TOWN) make?
Towne Bank generated $1.1B in revenue over the trailing twelve months, up 111.46% year over year.
What is TOWN's P/E ratio?
Towne Bank trades at 10.2 times trailing twelve-month earnings, on an EPS of $0.00.
How do I buy stock in Towne Bank (TOWN)?
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