Towne Bank (TOWN) Stock Price, News & Analysis

Company Overview

TowneBank is a Virginia‐based financial services company organized as a bank holding company. Its primary subsidiary, TowneBank, operates a network of community banking offices and mortgage production facilities. The company offers a comprehensive range of commercial and consumer banking solutions, including deposit accounts, lending products, treasury management, and private banking services tailored to individuals, small businesses, and middle‐market corporations.

In addition to traditional banking, TowneBank provides specialty services through affiliated subsidiaries. Towne Mortgage Company delivers residential and commercial mortgage origination, while Towne Insurance Agency offers property and casualty, life, and health insurance products. The company’s wealth management division offers trust and fiduciary services, financial planning, and investment management to high‐net‐worth clients.

Headquartered in Suffolk, Virginia, TowneBank maintains a strong regional presence across the Hampton Roads area, Richmond and central Virginia, northeastern North Carolina, and parts of the Outer Banks. Its community‐focused approach emphasizes local decision-making and customer relationships, supporting economic development and small‐business growth in the markets it serves.

TowneBank traces its roots back to the early 20th century and reorganized as a holding company in 1999 to support expansion and diversification. The firm is led by Donald M. Bradshaw as Executive Chairman and Donald M. Bradshaw Jr. as President and Chief Executive Officer, under whose stewardship the company has continued to grow its branch network and enhance its suite of financial services.

Key Stats

• Today's Range: $36.55 to $37.02
• 50-Day Range: $33.81 to $37.64
• 52-Week Range: $29.43 to $38.28
• Volume: 568,499 shs
• Average Volume: 334,307 shs
• Market Capitalization: $2.75 billion
• P/E Ratio: 15.95
• Dividend Yield: 2.94%
• Price Target: $40.67
• Consensus Rating: Moderate Buy

Towne Bank Stock Analysis - MarketRank™

Towne Bank scored higher than 82% of companies evaluated by MarketBeat, and ranked 264th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Towne Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Towne Bank has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 28.85%

Earnings Growth

Earnings for Towne Bank are expected to grow by 28.85% in the coming year, from $2.60 to $3.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Towne Bank is 15.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Towne Bank is 15.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 229.12.

Price to Book Value per Share Ratio

Towne Bank has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.54% of the float of Towne Bank has been sold short.

Short Interest Ratio / Days to Cover

Towne Bank has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Towne Bank has recently decreased by 12.90%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Towne Bank pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Towne Bank has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of Towne Bank is 46.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Towne Bank will have a dividend payout ratio of 32.24% next year. This indicates that Towne Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.54% of the float of Towne Bank has been sold short.

Short Interest Ratio / Days to Cover

Towne Bank has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Towne Bank has recently decreased by 12.90%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.25

News Sentiment

Towne Bank has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Towne Bank this week, compared to 4 articles on an average week.

Search Interest

2 people have searched for TOWN on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Towne Bank insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.14% of the stock of Towne Bank is held by insiders.

Percentage Held by Institutions

55.99% of the stock of Towne Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TOWN Stock Analysis - Frequently Asked Questions

How have TOWN shares performed this year?

Towne Bank's stock was trading at $34.06 at the beginning of the year. Since then, TOWN stock has increased by 7.7% and is now trading at $36.69.

How were Towne Bank's earnings last quarter?

Towne Bank (NASDAQ:TOWN) announced its quarterly earnings results on Wednesday, July, 23rd. The bank reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.12. Towne Bank's revenue was up 18.6% compared to the same quarter last year.

Who are Towne Bank's major shareholders?

Towne Bank's top institutional shareholders include State Street Corp (2.67%), Geode Capital Management LLC (2.30%), Brown Advisory Inc. (1.63%) and American Century Companies Inc. (0.80%).

How do I buy shares of Towne Bank?

Shares of TOWN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Towne Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Towne Bank investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Record date for 7/11 Dividend: 6/27/2025
• Ex-Dividend for 7/11 Dividend: 6/27/2025
• Dividend Payable: 7/11/2025
• Last Earnings: 7/23/2025
• Today: 9/01/2025
• Record date for 10/10 Dividend: 9/29/2025
• Ex-Dividend for 10/10 Dividend: 9/29/2025
• Dividend Payable: 10/10/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TOWN
• CIK: N/A
• Web: www.townebank.com
• Phone: (757) 638-7500
• Fax: 215-832-1055
• Employees: 2,720
• Year Founded: 1999

Price Target and Rating

• Average Price Target for Towne Bank: $40.67
• High Price Target: $41.00
• Low Price Target: $40.00
• Potential Upside/Downside: +10.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.30
• Trailing P/E Ratio: 15.95
• Forward P/E Ratio: 14.11
• P/E Growth: N/A
• Net Income: $161.76 million
• Net Margins: 16.49%
• Pretax Margin: 19.59%
• Return on Equity: 8.99%
• Return on Assets: 1.12%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 0.87
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $749.92 million
• Price / Sales: 3.67
• Cash Flow: $2.71 per share
• Price / Cash Flow: 13.55
• Book Value: $28.74 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 75,001,000
• Free Float: 68,896,000
• Market Cap: $2.75 billion
• Optionable: Optionable
• Beta: 0.87