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TOWN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
35.190
Open
34.750
VWAP
34.74
Vol
461.19K
Mkt Cap
2.02B
Low
34.470
Amount
16.02M
EV/EBITDA(TTM)
12.01
Total Shares
--
EV
2.79B
EV/OCF(TTM)
--
P/S(TTM)
4.14
TowneBank offers a full range of banking and other financial services through its controlled divisions and subsidiaries. The Company's financial services include banking, resort property management, mortgage, insurance, employee benefit services, and investments. Its segments include Banking, Realty, and Insurance. The banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. The Realty segment offers mortgage loans and resort property management. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. Its business banking services include business lending, business checking and online banking and treasury services. The Company operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina.
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Events Timeline

(ET)
2026-04-23
09:10:00
TowneBank Declares One-Time Special Dividend of $0.70 per Share
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2026-04-22 (ET)
2026-04-22
16:40:00
TowneBank Reports Q1 Revenue of $246.45M
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2026-01-28 (ET)
2026-01-28
17:10:00
Company Reports Q4 Revenue of $219.94M
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2026-01-12 (ET)
2026-01-12
09:10:00
TowneBank Completes Merger with Dogwood State Bank
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2025-10-22 (ET)
2025-10-22
16:39:42
TowneBank announces Q3 earnings per share of 83 cents, surpassing consensus estimate of 76 cents.
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2025-08-19 (ET)
2025-08-19
08:15:53
TowneBank to purchase Dogwood State Bank at $25.04 per share
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2025-07-23 (ET)
2025-07-23
16:54:55
TowneBank reports Q2 adjusted EPS 81c, consensus 64c
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2025-04-23 (ET)
2025-04-23
16:44:39
TowneBank reports Q1 EPS 67c, consensus 61c
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2025-04-03 (ET)
2025-04-03
07:02:53
TowneBank, Old Point Financial sign definitive merger agreement
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News

seekingalpha
8.0
05-05seekingalpha
TowneBank Likely to Announce Dividend Increase
  • Dividend Growth Expectation: TowneBank is likely to announce a dividend increase in May, continuing its 14-year streak of consecutive dividend growth, with analysts predicting an annual dividend of $1.46 per share, translating to a quarterly dividend of approximately $0.365, which represents a 35.2% increase from the previous payout of $0.2700.
  • Historical Dividend Performance: The last quarterly dividend declared by the company was $0.2700 per share in February 2026, yielding an annual return of 3.13%, and it raised its dividend by 8.0% from $0.2500 in May 2024, demonstrating a commitment to shareholder returns.
  • Long-term Growth Rate: TowneBank has delivered a 5-year dividend growth rate of approximately 8.45% while maintaining an annual payout ratio of 35.06%, indicating a strong commitment to returning value to shareholders over time.
  • Rating Analysis: The company holds ratings of D+ for safety, C- for growth, C+ for yield, and B+ for dividend consistency, reflecting its relative stability and attractiveness in the market.
seekingalpha
8.0
04-23seekingalpha
TowneBank Declares Special Dividend and Sells Asset Segment
  • Special Dividend Declaration: TowneBank has declared a special dividend of $0.70 per share, payable on May 20, with a record date of May 4 and an ex-dividend date also on May 4, aimed at rewarding shareholders and boosting investor confidence.
  • Increased Dividend Yield: The issuance of this special dividend is expected to enhance TowneBank's dividend yield, attracting more income-seeking investors and potentially improving the stock's market performance.
  • Asset Sale Announcement: TowneBank has also announced the sale of its Resort Property Management Segment for $250 million, which will provide additional liquidity to support future strategic investments and business expansion.
  • Financial Health Improvement: This asset sale will improve TowneBank's financial condition, strengthening its capital base and further driving the company's growth potential in a competitive financial market.
seekingalpha
9.5
04-22seekingalpha
TowneBank Q1 Earnings Miss Expectations
  • Earnings Decline: TowneBank reported a Q1 non-GAAP EPS of $0.74, missing expectations by $0.02, indicating pressure on profitability that could affect investor confidence.
  • Revenue Growth Weakness: Despite a year-over-year revenue increase of 28.3% to $246.45 million, the figure fell short of expectations by $6.3 million, reflecting the impact of rising competition and costs on revenue.
  • Asset Sale Announcement: TowneBank announced the sale of its Resort Property Management Segment for $250 million, aiming to optimize asset allocation and focus on core operations, potentially providing funding for future strategic investments.
  • Enhanced Financial Transparency: The company has provided historical earnings data and a dividend scorecard, improving investor understanding of its financial health and helping to bolster market trust.
Newsfilter
9.5
04-22Newsfilter
TowneBank Reports Strong Q1 Earnings Growth with Record Revenues
  • Record Revenue: TowneBank achieved total revenues of $246.47 million in Q1 2026, reflecting a 34.6% increase year-over-year, indicating strong market performance amidst economic fluctuations and solidifying its position in the banking sector.
  • Core Earnings Growth: Excluding certain items, core earnings reached $66.73 million with diluted earnings per share of $0.74, significantly up from $44.10 million and $0.58 in the same quarter last year, showcasing ongoing improvements in profitability.
  • Loan and Deposit Growth: As of March 31, 2026, total loans stood at $15.26 billion, a 14.44% increase from December 31, 2025, while total deposits reached $18.48 billion, up 11.94%, providing robust funding support for future business expansion.
  • Significant Acquisition Impact: TowneBank successfully acquired Dogwood State Bank in January 2026, bringing in $1.95 billion in loans and $1.93 billion in deposits, which is expected to further enhance the company's market share and competitiveness.
seekingalpha
8.5
04-06seekingalpha
TowneBank Sells Resort Property Management for $250M
  • Transaction Completion: TowneBank announced the successful sale of its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions for a total transaction value of $250 million, marking a significant step in the company's strategic restructuring.
  • Financial Appeal: The transaction is deemed financially compelling as it not only provides Towne Vacations with a partner well-positioned to support its future growth but also potentially enhances TowneBank's capital liquidity.
  • Management Acknowledgment: TowneBank's President and CEO, William T. Morrison, expressed gratitude to the teams involved in completing the deal, emphasizing the importance of teamwork in achieving corporate objectives.
  • Future Outlook: TowneBank plans to continue seeking new opportunities in the marketplace to create intrinsic value for shareholders, reflecting the company's proactive attitude and strategic vision for future growth.
Newsfilter
8.5
04-06Newsfilter
TowneBank Sells Resort Property Management for $250 Million
  • Transaction Completion: TowneBank announced the successful sale of its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions, LLC for $250 million, further advancing the company's strategy to create shareholder value.
  • Strategic Importance: Executive Chairman G. Robert Aston, Jr. stated that this transaction not only provides Towne Vacations with a partner well-positioned for future growth but also exemplifies the company's unique strategy of investing and building businesses outside traditional banking activities.
  • Future Outlook: President William I. Foster III emphasized the commitment to continue seeking new market opportunities that can create intrinsic value, showcasing the company's dedication to sustained growth.
  • Legal Support: The transaction was supported by lead legal counsel Wachtell, Lipton, Rosen and Katz, with local counsel from Williams Mullen, ensuring a smooth process and reflecting the company's focus on legal compliance.
Wall Street analysts forecast TOWN stock price to rise
2 Analyst Rating
Wall Street analysts forecast TOWN stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
38.00
Averages
40.00
High
42.00
Current: 0.000
sliders
Low
38.00
Averages
40.00
High
42.00
No data

No data

Valuation Metrics

The current forward P/E ratio for TowneBank (TOWN.O) is 13.50, compared to its 5-year average forward P/E of 12.52. For a more detailed relative valuation and DCF analysis to assess TowneBank's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.52
Current PE
13.50
Overvalued PE
13.91
Undervalued PE
11.13

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.06
Current PS
3.26
Overvalued PS
3.40
Undervalued PS
2.71

Financials

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Frequently Asked Questions

What is TowneBank (TOWN) stock price today?

The current price of TOWN is 34.55 USD — it has decreased -3.3

What is TowneBank (TOWN)'s business?

TowneBank offers a full range of banking and other financial services through its controlled divisions and subsidiaries. The Company's financial services include banking, resort property management, mortgage, insurance, employee benefit services, and investments. Its segments include Banking, Realty, and Insurance. The banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. The Realty segment offers mortgage loans and resort property management. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. Its business banking services include business lending, business checking and online banking and treasury services. The Company operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina.

What is the price predicton of TOWN Stock?

Wall Street analysts forecast TOWN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TOWN is40.00 USD with a low forecast of 38.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is TowneBank (TOWN)'s revenue for the last quarter?

TowneBank revenue for the last quarter amounts to 163.40M USD, increased 16.28

What is TowneBank (TOWN)'s earnings per share (EPS) for the last quarter?

TowneBank. EPS for the last quarter amounts to 0.67 USD, increased 45.65

How many employees does TowneBank (TOWN). have?

TowneBank (TOWN) has 2720 emplpoyees as of May 06 2026.

What is TowneBank (TOWN) market cap?

Today TOWN has the market capitalization of 2.02B USD.