TowneBank Company Profile (NASDAQ:TOWN)

Analyst Ratings

Consensus Ratings for TowneBank (NASDAQ:TOWN) (?)
Ratings Breakdown: 1 Hold Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $24.00 (4.58% upside)

Analysts' Ratings History for TowneBank (NASDAQ:TOWN)
Show:
DateFirmActionRatingPrice TargetActions
7/29/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$22.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/30/2014 forward)

Earnings

Earnings History for TowneBank (NASDAQ:TOWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/20/2016        
7/28/2016Q2$0.35$0.36ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2016Q1$0.29$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2016Q4$0.30$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2015Q3$0.32$0.34$72.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/21/2015Q2$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q314$0.34ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2014Q214$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2014Q114$0.31ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2014Q4$0.27ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013Q313$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for TowneBank (NASDAQ:TOWN)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161$0.36$0.36$0.36
Q4 20161$0.34$0.34$0.34
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for TowneBank (NASDAQ:TOWN)
Annual Dividend:$0.52
Dividend Yield:2.27%
Payout Ratio:49.52% (Based on Trailing 12 Months of Earnings)

Dividend History for TowneBank (NASDAQ:TOWN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/19/2016Quarterly$0.136/28/20166/30/20167/12/2016Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016Quarterly$0.123/28/20163/30/20164/12/2016Tweet This Announcement  Share This Announcement on StockTwits
11/27/2015Quarterly$0.1212/28/201512/30/20151/12/2016Tweet This Announcement  Share This Announcement on StockTwits
8/26/2015$0.129/28/20159/30/201510/9/2015Tweet This Announcement  Share This Announcement on StockTwits
5/21/2015quarterly$0.123%6/26/20156/30/20157/10/2015Tweet This Announcement  Share This Announcement on StockTwits
3/2/2015quarterly$0.112.83%3/26/20153/30/20154/10/2015Tweet This Announcement  Share This Announcement on StockTwits
12/2/2014quarterly$0.112.96%12/26/201412/30/20141/12/2015Tweet This Announcement  Share This Announcement on StockTwits
8/28/2014quarterly$0.113%9/24/20149/26/201410/10/2014Tweet This Announcement  Share This Announcement on StockTwits
5/21/2014quarterly$0.112.84%6/25/20146/27/20147/11/2014Tweet This Announcement  Share This Announcement on StockTwits
2/26/2014quarterly$0.102.69%3/26/20143/28/20144/11/2014Tweet This Announcement  Share This Announcement on StockTwits
11/27/2013quarterly$0.102.63%12/27/201312/31/20131/10/2014Tweet This Announcement  Share This Announcement on StockTwits
8/29/2013quarterly$0.102.79%9/25/20139/27/201310/11/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for TowneBank (NASDAQ:TOWN)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for TowneBank (NASDAQ:TOWN)
DateHeadline
07/29/16 07:06 PMD.C. nonprofit expands into Henrico
07/29/16 07:06 PMOpportunities and drawbacks
07/29/16 07:06 PMBRIEF-Townebank Q2 earnings per share $0.12
07/29/16 07:06 PMTowneBank: A Debt-Free Cash Cow On Sale
07/28/16 12:17 PMTowneBank posts 2Q profit -
07/28/16 08:18 AMTowneBank Reports Second Quarter Earnings - [at noodls] - SUFFOLK, Va., July 28, 2016 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the 'Bank') (NASDAQ:TOWN) today reported financial results for the quarter and six months ended June 30, 2016. Earnings for ...
07/27/16 09:59 AMHigher Achievement ribbon cutting at Wilder Middle School on Tuesday
07/27/16 09:59 AMInvestment group acquires nine-building portfolio in Newport News
07/27/16 09:59 AMWoman diagnosed with ALS receives support
07/27/16 09:59 AMSurging Daredevils take two
07/27/16 09:59 AMVideo: Six-run first pushes Daredevils past Drillers
07/24/16 06:20 PMPortsmouth woman diagnosed with ALS in April tackles her bucket list by jumping out of a plane
07/21/16 07:13 PMTwist of fate: Woman who raised money to fight ALS now has disease
07/20/16 09:45 AMLocal investors acquire City Center for $64 million
07/20/16 09:45 AMTwo easy wins and a tough loss for Daredevils
07/15/16 05:50 PMLocal group investing $64 million into City Center at Oyster Point
07/09/16 09:49 AMPeople changes | Paul D. Camp Community College picks president
07/07/16 06:55 PMTwo Civil War Trail interpretive markers to be dedicated in Newport News
07/05/16 02:00 PMValue Portfolio Performs Well Amid Brexit Turmoil -
07/01/16 06:52 PMTowne, Monarch complete merger
07/01/16 07:32 AMTowneBank breached its 50 day moving average in a Bullish Manner : TOWN-US : July 1, 2016 -
06/29/16 06:47 PMOBX Daredevils take both contests last week
06/29/16 06:47 PMTOWNEBANK : ex-dividend day
06/29/16 06:47 PMDollar Bank merges with Bank @lantec, throws $7.4 billion hat in regional banking ring
06/28/16 06:45 PMExpert column: Associations are conduits for collaboration
06/28/16 06:45 PMRegional bank opens renovated branch in the West End
06/28/16 06:45 PMTowneBank : Completes Merger With Monarch Financial Holdings, Inc.
06/27/16 08:00 AMTowneBank Completes Merger With Monarch Financial Holdings, Inc. - [GlobeNewswire] - SUFFOLK, Va., June 27, 2016-- Hampton Roads based TowneBank announced that, at the close of business on June 24, 2016, it completed the previously announced merger with Monarch Financial Holdings, Inc. ...
06/23/16 09:26 AMTowneBank : STOCKHOLDERS APPROVE TOWNEBANK MERGER WITH MONARCH FINANCIAL HOLDINGS, INC. AND MONARCH BANK
06/23/16 09:26 AMTowneBank-Monarch merger expected to close Friday
06/22/16 06:47 PMLEAD Historic Triangle Class of 2017
06/22/16 06:47 PMBanking & Finance Roundup: PNC declares Hampton Roads "experiment" a success
06/22/16 06:47 PMDaredevils take two out of three
06/21/16 06:20 PMStockholders Approve TowneBank Merger With Monarch Bank and Monarch Financial Holdings, Inc.
06/20/16 07:27 AMTowneBank breached its 50 day moving average in a Bearish Manner : TOWN-US : June 20, 2016 -
06/17/16 09:31 AMTowneBank promotes three
06/16/16 07:02 PMBeth’s bucket list: ALS advocate now diagnosed with deadly disease
06/16/16 11:20 AMFind out who's running for Virginia Beach mayor and City Council
06/16/16 11:20 AMNew Market Research Report: TowneBank (TOWN) : Company Profile and SWOT Analysis
06/12/16 06:57 PMWas LA Pride festival targeted?
06/09/16 09:57 AMMan records himself robbing a bank and posts video on Instagram
06/09/16 09:57 AMPGA lines up more local sponsors for CCV event
06/06/16 07:01 PMMan who posted Va. Beach bank robbery on Instagram gets 2 years in prison
06/06/16 07:01 PMInstagram bank robber sentenced to nearly 3 years in jail
06/06/16 07:01 PMTowneBank : Man who robbed Virginia Beach bank and posted demand note online is sentenced to nearly 3 years in prison
06/04/16 10:01 AMMore than money: Bob Aston and Brad Schwartz on the TowneBank-Monarch Bank merger
06/03/16 09:53 AM"R.K" Kowalewitch wants to run against Virginia Beach Mayor Will Sessoms - again
05/31/16 07:16 PMPeninsula consumers win with banking competition - Old Point is seizing the opportunity to attract more business and individual customers with recent disruptions in the market — most recently with Suffolk-based TowneBank's announced acquisition of Chesapeake-based Monarch Bank, which will result in some ...
05/31/16 07:16 PMFormer MLB star Cuddyer to inaugurate new Daredevils season - That Monday June 6 game, at TowneBank OBX Park in Kill Devil Hills, begins at 7:05. Gates open at 6:00. There will be a brief meet-and-greet opportunity for the fans to meet Cuddyer and get an autograph or picture with the former MLB slugger. Concessions ...
05/27/16 08:38 AMHard Hat Happy Hour: It’s a sellout - Special thanks to the sponsors of the series, including presenting sponsor Sands Anderson, Keiter, TowneBank, Timmons Group, Safe Harbor Title, S.B. Cox and Postbellum.

Social

About TowneBank

TowneBank is a community bank. The Bank offers personal banking services and business banking services. The Bank operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. The Realty segment provides residential real estate services, originations of a range of mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides property and casualty insurance, as well as employee and group benefits. The Bank provides checking accounts, cards, savings, money markets and certificate of deposits (CDs), mobile banking, financial management software, private banking and switch kit. The Bank also offers auto loans, home equity loans, construction loans, lot loans, recreational vehicles, mortgage loans, land acquisition loans, construction loans, development Loans, and personal loans and lines of credit.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: TOWN
  • CUSIP: 89214P10
Key Metrics:
  • Previous Close: $22.95
  • 50 Day Moving Average: $22.16
  • 200 Day Moving Average: $20.15
  • P/E Ratio: 21.82
  • P/E Growth: 0.00
  • Market Cap: $1.43B
  • Beta: 0.91
Additional Links:
TowneBank (NASDAQ:TOWN) Chart for Saturday, July, 30, 2016