TowneBank offers retail and business banking services for individuals, professionals, and business companies. The company is headquartered in Portsmouth, Virginia.
| Revenue (TTM) | $877.21M |
| Gross Profit (TTM) | $877.21M |
| EBITDA | — |
| Operating Margin | 35.80% |
| Return on Equity | 6.56% |
| Return on Assets | 0.84% |
| Revenue/Share (TTM) | $10.93 |
| Book Value | $31.68 |
| Price-to-Book | 1.15 |
| Price-to-Sales (TTM) | 3.69 |
| EV/Revenue | 4.228 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -22.00% |
| Quarterly Revenue Growth (YoY) | 36.20% |
| Shares Outstanding | $91.30M |
| Float | $85.47M |
| % Insiders | 5.67% |
| % Institutions | 61.21% |
Volatility is currently contracting
SUFFOLK, Va., June 30, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of William A.
SUFFOLK, Va., May 20, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its second-quarter shareholder cash dividend of $0.28 per common share payable on July 10, 2026, to shareholders of record on June 26, 2026.
TowneBank reported Q1 2026 results below expectations, with adjusted EPS of $0.74 and revenue of $246.5M, missing consensus estimates. I maintain a Hold rating on TOWN, as its attractive geographic footprint and growth via acquisitions are largely reflected in its current valuation. Recent M&A, including Dogwood State Bank, drove asset and deposit growth but increased integration risks and pressured tangible book value and asset quality metrics.
