TowneBank (TOWN)

US — Financial Services Sector
Peers: THFF  VABK  TCBK  UBCP  WSBC  SYBT  UVSP 

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Key Metrics & Ratings

  • symbol TOWN
  • Rev/Share 13.0283
  • Book/Share 29.7571
  • PB 1.1375
  • Debt/Equity 0.1271
  • CurrentRatio 0.0
  • ROIC 9.1705

 

  • MktCap 2629589474.0
  • FreeCF/Share 2.1739
  • PFCF 16.0764
  • PE 15.1614
  • Debt/Assets 0.0161
  • DivYield 0.0292
  • ROE 0.0789

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated TOWN Hovde Group -- Outperform $39 $41 July 24, 2025
Reiterated TOWN Hovde Group -- Outperform $38 $39 April 28, 2025
Upgrade TOWN Hovde Group Market Perform Outperform $39 $38 April 4, 2025
Upgrade TOWN Keefe Bruyette Market Perform Outperform $35 $40 Oct. 2, 2024

News

Are You Looking for a High-Growth Dividend Stock?
TOWN
Published: August 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
All You Need to Know About TowneBank (TOWN) Rating Upgrade to Buy
TOWN
Published: August 01, 2025 by: Zacks Investment Research
Sentiment: Positive

TowneBank (TOWN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Read More
image for news All You Need to Know About TowneBank (TOWN) Rating Upgrade to Buy
TowneBank (TOWN) Could Be a Great Choice
TOWN
Published: July 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes?

Read More
image for news TowneBank (TOWN) Could Be a Great Choice
Are You Looking for a High-Growth Dividend Stock?
TOWN
Published: June 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes?

Read More
image for news Are You Looking for a High-Growth Dividend Stock?
6 Upcoming Dividend Increases
ALRS, FDX, MDT, POR, RL, SCHD, TOWN
Published: June 19, 2025 by: Seeking Alpha
Sentiment: Positive

I focus on companies with consistent dividend growth, using a blend of the U.S. Dividend Champions list and NASDAQ data for my selections. This week's highlighted group averages a 5.9% dividend increase and a 19.5-year streak, but none outperformed the SCHD ETF over the past decade. While SCHD remains my benchmark for dividend growth and total return, I look for individual stocks that can deliver significant alpha over it.

Read More
image for news 6 Upcoming Dividend Increases
TowneBank Announces Quarterly Cash Dividend
TOWN
Published: May 14, 2025 by: GlobeNewsWire
Sentiment: Neutral

SUFFOLK, Va., May 14, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its second-quarter shareholder cash dividend of $0.27 per common share payable on July 11, 2025, to shareholders of record on June 27, 2025.

Read More
image for news TowneBank Announces Quarterly Cash Dividend
TowneBank and Old Point Financial Corporation Announce Agreement to Merge
TOWN
Published: April 03, 2025 by: GlobeNewsWire
Sentiment: Neutral

SUFFOLK, Va. and HAMPTON, Va.

Read More
image for news TowneBank and Old Point Financial Corporation Announce Agreement to Merge
TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger
TOWN
Published: March 11, 2025 by: GlobeNewsWire
Sentiment: Neutral

SUFFOLK, Va. and MIDLOTHIAN, Va.

Read More
image for news TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger
TowneBank Announces Quarterly Cash Dividend
TOWN
Published: February 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

SUFFOLK, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its first-quarter shareholder cash dividend of $0.25 per common share payable on April 11, 2025, to shareholders of record on March 31, 2025.

Read More
image for news TowneBank Announces Quarterly Cash Dividend

About TowneBank (TOWN)

  • IPO Date 1999-05-05
  • Website https://www.townebank.com
  • Industry Banks - Regional
  • CEO William I. Foster III
  • Employees 2704

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, vacations rental, 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 headquartered in Portsmouth, Virginia.