# Towne Bank (TOWN) — Overview

TOWN · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/town

## Price

Last close $35.28 on Oct 15, 2026. 52-week range $32.02 – $38.76.

## 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.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $1.1B |
| Revenue (quarter) | $444.3M |
| Revenue growth (year over year) | 111.46% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $320.2M |
| Net income (quarter) | $193.6M |
| Net income growth (year over year) | 368.59% |
| Net margin | 28.25% |
| Return on equity | 12.21% |
| EPS (trailing twelve months) | $0.00 |
| Book value per share | $26.28 |
| P/E (trailing twelve months) | 10.2 |
| Price to book | 1.1 |
| Debt to assets | 88.10% |
| Payout ratio | 47.71% |
| Dividend yield | 4.84% |

## 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)?

TOWN trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).