TowneBank (TOWN)

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Evaluation: Based on all recent filings, financial statements, and news.

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Company performance
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Current Price

as of May 12, 2025

$34.77

P/E Ratio

14.73

Market Cap

$2.61B

Description
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TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. It operates through the following segments: Banking, Realty, and Insurance. The Banking segment offers loan and deposit services to retail and commercial customers. The Realty segment focuses on the provision of residential real estate services and originations of a variety of mortgage loans. The Insurance segment includes the provision of full-service commercial and retail insurance, employee benefit services, and travel insurance. The company was founded by R. Scott Morgan on September 3, 1998 and is headquartered in Portsmouth, VA.

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Overview

  • HQPortsmouth, VA
  • SectorFinance
  • IndustryRegional Banks
  • TickerTOWN
  • Price$34.77+2.75%

Trading Information

  • Market cap$2.61B
  • Float99.62%
  • Average Daily Volume (1m)227,014
  • Average Daily Volume (3m)274,574
  • EPS$2.37

Company

  • Revenue$1.03B
  • Rev growth (1yr)3.69%
  • Net income$50.59M
  • Gross marginN/A
  • EBITDA marginN/A
  • EBITDAN/A
  • EV$2.81B
  • EV/Revenue2.72
  • P/E14.73
  • P/S2.55
  • P/B1.19
  • Debt/Equity15.28
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