Tower Financial Corporation is a bank holding company with one bank subsidiary, Tower Bank & Trust (the Bank or Tower Bank) and two unconsolidated subsidiary guarantor trusts, Tower Capital Trust 2, and Tower Capital Trust 3. The Bank has a direct wholly owned trust company subsidiary, Tower Trust Company (the Trust Company). Through September 30, 2011, the Bank also had a direct wholly owned Nevada investment subsidiary, Tower Capital Investments, Inc. that was formed for the purpose of holding long term investments and an indirect wholly owned subsidiary, Tower Funding Corporation. The Bank provides a range of commercial and consumer banking services from six locations in the metropolitan area of Fort Wayne, Allen County, Indiana, and one location in Warsaw, Indiana. The Bank offers a range of deposit products, including checking, savings, and money market accounts, certificates of deposit and direct deposit services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:TOFC
- CUSIP: N/A
- Web: N/A
- Trailing P/E Ratio:
- Foreward P/E Ratio: 18.25
- P/E Growth:
Frequently Asked Questions for Tower Financial (NASDAQ:TOFC)
What is Tower Financial's stock symbol?
Tower Financial trades on the NASDAQ under the ticker symbol "TOFC."
Who are some of Tower Financial's key competitors?
Some companies that are related to Tower Financial include Berkshire Hathaway (BRK-A), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), J P Morgan Chase & Co (JPM), Wells Fargo & Company (WFC), Bank of America Corporation (BAC), HSBC Holdings PLC (HSBC), Citigroup (C), Royal Bank Of Canada (RY), Banco Santander, S.A. (SAN), Toronto Dominion Bank (The) (TD), Allianz SE (AZSEY), China Life Insurance Company Limited (LFC), U.S. Bancorp (USB), Goldman Sachs Group, Inc. (The) (GS), Morgan Stanley (MS), Westpac Banking Corporation (WBK) and Mitsubishi UFJ Financial Group (MTU).
How do I buy Tower Financial stock?
Shares of Tower Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tower Financial's stock price today?
MarketBeat Community Rating for Tower Financial (NASDAQ TOFC)MarketBeat's community ratings are surveys of what our community members think about Tower Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Tower Financial stock can currently be purchased for approximately $23.54.
Consensus Ratings for Tower Financial (NASDAQ:TOFC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for Tower Financial (NASDAQ:TOFC)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Tower Financial (NASDAQ:TOFC)Earnings History by Quarter for Tower Financial (NASDAQ TOFC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for Tower Financial (NASDAQ:TOFC)
Current Year EPS Consensus Estimate: $1.54 EPS
Next Year EPS Consensus Estimate: $1.29 EPS
Dividend History by Quarter for Tower Financial (NASDAQ TOFC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Tower Financial (NASDAQ:TOFC)Insider Trades by Quarter for Tower Financial (NASDAQ:TOFC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/31/2012||Keith E Busse||Director||Buy||1,114||$12.46||$13,880.44|| |
|8/30/2012||Keith E Busse||Director||Buy||8,886||$12.14||$107,876.04|| |
Headline Trends for Tower Financial (NASDAQ:TOFC)
Latest Headlines for Tower Financial (NASDAQ:TOFC)
No headlines for this company have been tracked by MarketBeat.com
Tower Financial (TOFC) Chart for Sunday, July, 23, 2017