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TowneBank Company Profile (NASDAQ:TOWN)

Consensus Ratings for TowneBank (NASDAQ:TOWN) (?)
Ratings Breakdown: 1 Hold Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $20.00 (1.57% downside)

Analysts' Ratings History for TowneBank (NASDAQ:TOWN)
Show:
DateFirmActionRatingPrice TargetActions
2/3/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$22.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/28/2014 forward)
Earnings History for TowneBank (NASDAQ:TOWN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/22/2016        
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)
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)
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 Trading History for TowneBank (NASDAQ:TOWN)
No insider trades for this company have been tracked by MarketBeat.com

Latest Headlines for TowneBank (NASDAQ:TOWN)
DateHeadline
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.
05/26/16 12:38 PMTowneBank(NASDAQ:TOWN) Declares Dividend of $0.1300. - Trade Calls - TowneBank(NASDAQ:TOWN) Declares Dividend of $0.1300.Trade CallsTowneBank (NASDAQ:TOWN) had declared a cash dividend of $0.1300 on May 18, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed on Jun 30, 2016. At May 18, 2016 share price, the yield comes out to be ...
05/03/16 11:27 AMTowneBank :TOWN-US: Earnings Analysis: Q1, 2016 By the Numbers -
04/28/16 03:14 PMTowneBank posts 1Q profit -
04/28/16 07:31 AMTowneBank Reports Record First Quarter Earnings - [at noodls] - SUFFOLK, Va., April 28, 2016 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the 'Bank') (NASDAQ:TOWN) reported record earnings of $17.82 million for the quarter ended March 31, 2016, a 22.57% increase, ...
03/14/16 07:19 AMTowneBank breached its 50 day moving average in a Bullish Manner : TOWN-US : March 14, 2016 -
02/26/16 12:48 PMBanking and finance roundup: Chartway announces new board; Old Point releases 2015 results - She also has been a member of the board since 2006, including a term as chairman from 2010 to 2013. TowneBank has promoted John Garrett to assistant vice president. Garrett is a commercial portfolio manager based in Norfolk. Garrett has been with TowneBank ...
02/24/16 01:39 PMTowneBank Announces Quarterly Cash Dividend and Annual Shareholder Meeting Date - [GlobeNewswire] - SUFFOLK, Va., Feb. 24, 2016-- Hampton Roads based TowneBank announced today that its Board of Directors on February 24, 2016 declared its first-quarter shareholder cash dividend of $0.12 per common share ...
02/07/16 01:36 PMBarron's Picks And Pans: Kinder Morgan, Gilead Sciences And More - Though they have been ailing along with other biotech stocks, these two could rally over the next year. David Englander's "TowneBank and Seacoast: Small Banks With Big Potential" makes the case that the stocks of TowneBank (NASDAQ: TOWN) and Seacoast ...
02/07/16 01:36 PMBanking and finance region roundup: Before they get hitched, TowneBank and Monarch post record numbers - TowneBank reported record earnings for 2015. Earnings for 2015 were $62.38 million, which represents a 47.93 percent increase over last year’s $47.13 million. According to Chairman and CEO G. Robert Aston Jr., TowneBank has announced record annual ...
02/07/16 01:36 PMTowneBank and Seacoast: Small Banks With Big Potential - Worries over slowing growth and a prolonged period of low interest rates have hit bank stocks hard recently. The KBW Regional Banking index, a standout in a rough 2015, is down 11% this year. While investor concerns about the banking environment aren’t ...
02/05/16 11:00 AMTowne Is a Banking Beauty -
02/04/16 11:03 AMTowne Bank (TOWN) is Oversold: Can It Recover? -
02/04/16 10:46 AM5 Bank Bargains To Buy Now -
02/02/16 12:08 PMTowneBank Earnings Analysis: Q4, 2015 By the Numbers -
01/29/16 01:28 PM2016 Hampton Roads Business Hall of Fame: B. Rod Rodriguez - In addition to Bay Mechanical Inc. and related entities, Rodriguez currently serves on the board of directors for Emmishield Inc. and TowneBank Virginia Beach, where he also chairs the executive committee. He previously served on the South Trust Bank and ...
01/29/16 01:28 PMTowneBank posts 4Q profit - PORTSMOUTH, Va. (AP) _ TowneBank (TOWN) on Friday reported fourth-quarter net income of $12.5 million. The Portsmouth, Virginia-based bank said it had earnings of 24 cents per share. The community bank posted revenue of $71.4 million in the period.
01/29/16 08:21 AMTowneBank Reports Full Year and Fourth Quarter Financial Results for 2015 - [at noodls] - SUFFOLK, Va., Jan. 29, 2016 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the 'Bank') (NASDAQ:TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2015. ...
01/26/16 01:23 PM2016 Promotional Schedule Blasts off this Week - Thursday, June 16: In-Your-Face-Fireworks Saturday, June 18: Superblast Saturday presented by TowneBank Monday, July 4: Independence Day DUAL FIREWORKS Extravaganza presented by United Healthcare, Chick-fil-A, Fas Mart and Virginia Putative Father Registry ...
01/26/16 01:23 PMTowneBank Is Oversold - The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation ...
12/21/15 12:30 PM2016 Winning Value Portfolio Picks, Part 1 - [at TheStreet] - Two stocks return from 2015, which has been a tough year.
12/10/15 09:10 AMTowneBank breached its 50 day moving average in a Bearish Manner : December 10, 2015 -
12/07/15 12:56 PMIs TowneBank (TOWN) A Good Stock To Buy? -
11/25/15 09:56 AMTowneBank Announces Quarterly Cash Dividend - [GlobeNewswire] - SUFFOLK, Va., Nov. 25, 2015-- Hampton Roads based TowneBank announced today that its Board of Directors on November 25, 2015 declared its fourth-quarter shareholder cash dividend of $0.12 per common share ...
11/11/15 10:27 AMTowneBank Earnings Q3, 2015 -
10/22/15 06:06 PMTowneBank posts 3Q profit -
10/22/15 05:43 PMTowneBank Reports Third Quarter Earnings - [GlobeNewswire] - SUFFOLK, Va., Oct. 22, 2015-- Hampton Roads based TowneBank reported earnings of $17.57 million for the quarter ended September 30, 2015, a 44.86% increase, or $5.44 million, over the $12.13 million reported ...
09/11/15 12:12 PMTowneBank Earnings Q2, 2015 -
About TowneBank

TowneBank offers retail and commercial banking services to the Greater Hampton Roads region in southeastern Virginia and northeastern North Carolina. The Banking segment provides loan and deposit services to retail and commercial customers. It also provides commercial mortgage brokerage services and a variety of investment and asset management services. The Realty segment provides complete residential real estate services, originations of a variety of mortgage loans, resort property management, and commercial residential title insurance. The Insurance segment provides property and casualty insurance as well as employee and group benefits through Towne Insurance and TFA Benefits. Through Towne Insurance, it offers a full line of commercial and consumer insurance products and financial services. Through TFA Benefits, it offers health, life dental, vision and disability plans to employers, brokers, and individuals.

Industry, Sector and Symbol:
  • Sector: Financial Services
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: TOWN
  • CUSIP: 89214P10
Key Metrics:
  • Previous Close: $20.32
  • 50 Day Moving Average: $21.49
  • 200 Day Moving Average: $19.84
  • P/E Ratio: 15.88
  • P/E Growth: 0.00
  • Market Cap: $1.04B
  • Current Quarter EPS Consensus Estimate: $1.32 EPS
Additional Links:
TowneBank (NASDAQ:TOWN) Chart for Tuesday, June, 28, 2016


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