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Towne Bank, Common Stock

TOWN

NSQ

$36.84

-$0.09

(-0.24%)

1D
Industry: Banks Sector: Financials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$2.73B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
17.1767
Volume info-icon
This is the total number of shares traded during the most recent trading day.
161.80K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
2.91%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.91
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$24.87 L
$38 H
$36.84

About Towne Bank, Common Stock

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, 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 comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacation rentals, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is based in Portsmouth, Virginia. more

Industry: BanksSector: Financials

Returns

Time FrameTOWNSectorS&P500
1-Week Return0.11%-0.23%1.53%
1-Month Return10.07%7.15%4.75%
3-Month Return4.51%4.15%2.77%
6-Month Return15.78%20.09%12.18%
1-Year Return35.14%32.23%22.34%
3-Year Return17.74%30.36%38.91%
5-Year Return33.91%65.86%80.7%
10-Year Return135.85%219.9%190.95%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue563.24M662.23M679.00M686.38M675.44M[{"date":"2019-12-31","value":82.06,"profit":true},{"date":"2020-12-31","value":96.48,"profit":true},{"date":"2021-12-31","value":98.92,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.41,"profit":true}]
Cost of Revenue---9.24M(266.14M)[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-2881.25,"profit":false}]
Gross Profit563.24M662.23M679.00M677.14M941.58M[{"date":"2019-12-31","value":59.82,"profit":true},{"date":"2020-12-31","value":70.33,"profit":true},{"date":"2021-12-31","value":72.11,"profit":true},{"date":"2022-12-31","value":71.91,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin100.00%100.00%100.00%98.65%139.40%[{"date":"2019-12-31","value":71.73,"profit":true},{"date":"2020-12-31","value":71.73,"profit":true},{"date":"2021-12-31","value":71.73,"profit":true},{"date":"2022-12-31","value":70.77,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Expenses(391.86M)(484.80M)(408.81M)(440.09M)695.09M[{"date":"2019-12-31","value":-56.38,"profit":false},{"date":"2020-12-31","value":-69.75,"profit":false},{"date":"2021-12-31","value":-58.81,"profit":false},{"date":"2022-12-31","value":-63.31,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income171.38M177.44M270.18M206.87M283.85M[{"date":"2019-12-31","value":60.38,"profit":true},{"date":"2020-12-31","value":62.51,"profit":true},{"date":"2021-12-31","value":95.19,"profit":true},{"date":"2022-12-31","value":72.88,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense363.25M311.74M330.51M385.50M381.20M[{"date":"2019-12-31","value":94.23,"profit":true},{"date":"2020-12-31","value":80.87,"profit":true},{"date":"2021-12-31","value":85.74,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.89,"profit":true}]
Pre-Tax Income176.27M201.33M279.83M237.05M186.22M[{"date":"2019-12-31","value":62.99,"profit":true},{"date":"2020-12-31","value":71.95,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":84.71,"profit":true},{"date":"2023-12-31","value":66.55,"profit":true}]
Income Taxes32.60M31.90M54.80M46.58M31.09M[{"date":"2019-12-31","value":59.48,"profit":true},{"date":"2020-12-31","value":58.21,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":85,"profit":true},{"date":"2023-12-31","value":56.73,"profit":true}]
Income After Taxes143.67M169.43M225.03M190.47M155.14M[{"date":"2019-12-31","value":63.85,"profit":true},{"date":"2020-12-31","value":75.29,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":84.64,"profit":true},{"date":"2023-12-31","value":68.94,"profit":true}]
Income From Continuous Operations143.67M169.43M225.03M14.39M173.09M[{"date":"2019-12-31","value":63.85,"profit":true},{"date":"2020-12-31","value":75.29,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":6.39,"profit":true},{"date":"2023-12-31","value":76.92,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income138.78M145.53M215.38M188.99M153.72M[{"date":"2019-12-31","value":64.44,"profit":true},{"date":"2020-12-31","value":67.57,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":87.74,"profit":true},{"date":"2023-12-31","value":71.37,"profit":true}]
EPS (Diluted)1.932.012.962.602.12[{"date":"2019-12-31","value":65.2,"profit":true},{"date":"2020-12-31","value":67.91,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":87.84,"profit":true},{"date":"2023-12-31","value":71.62,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

TOWN
Cash Ratio 0.55
Current Ratio 0.55

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

TOWN
ROA (LTM) 0.96%
ROE (LTM) 7.73%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

TOWN
Debt Ratio Lower is generally better. Negative is bad. 0.87
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.12

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

TOWN
Trailing PE 17.13
Forward PE NM
P/S (TTM) 3.99
P/B 1.30
Price/FCF NM
EV/R 4.38
EV/Ebitda NM
PEG NM

FAQs

What is Towne Bank share price today?

Towne Bank (TOWN) share price today is $36.84

Can Indians buy Towne Bank shares?

Yes, Indians can buy shares of Towne Bank (TOWN) on Vested. To buy Towne Bank from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in TOWN stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Towne Bank be purchased?

Yes, you can purchase fractional shares of Towne Bank (TOWN) via the Vested app. You can start investing in Towne Bank (TOWN) with a minimum investment of $1.

How to invest in Towne Bank shares from India?

You can invest in shares of Towne Bank (TOWN) via Vested in three simple steps:

  • Click on Sign Up or Invest in TOWN stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Towne Bank shares
What is Towne Bank 52-week high and low stock price?

The 52-week high price of Towne Bank (TOWN) is $38. The 52-week low price of Towne Bank (TOWN) is $24.87.

What is Towne Bank price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Towne Bank (TOWN) is 17.1767

What is Towne Bank price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Towne Bank (TOWN) is 1.30

What is Towne Bank dividend yield?

The dividend yield of Towne Bank (TOWN) is 2.91%

What is the Market Cap of Towne Bank?

The market capitalization of Towne Bank (TOWN) is $2.73B

What is Towne Bank’s stock symbol?

The stock symbol (or ticker) of Towne Bank is TOWN

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