TowneBank (TOWN) Earnings Date, Estimates & Call Transcripts

$26.92
-0.23 (-0.85%)
(As of 05:28 PM ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 24)
$0.48
Consensus EPS
(Apr. 24)
$0.48
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TOWN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

TOWN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

TowneBank Analyst EPS Estimates

Current Year EPS Consensus Estimate:$2.15 EPS
Next Year EPS Consensus Estimate: $2.61 EPS

TOWN Earnings Date and Information

TowneBank last posted its earnings results on April 24th, 2024. The bank reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. The business earned $167.10 million during the quarter, compared to analyst estimates of $169.68 million. Its quarterly revenue was down 9.2% on a year-over-year basis. TowneBank has generated $2.01 earnings per share over the last year ($2.01 diluted earnings per share) and currently has a price-to-earnings ratio of 13.4. Earnings for TowneBank are expected to grow by 21.40% in the coming year, from $2.15 to $2.61 per share. TowneBank has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

TowneBank Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
Estimated)
------- 
4/24/2024Q1 2024$0.48$0.48-$0.50$169.68 million$167.10 million
1/24/2024Q4 2023$0.47$0.42($0.05)$0.45$164.67 million$155.55 million
10/26/2023Q3 2023$0.49$0.60+$0.11$0.60$171.91 million$242.66 million
7/27/2023Q2 2023$0.57$0.52($0.05)$0.48$180.38 million$242.82 million
4/27/2023Q1 2023$0.67$0.62($0.05)$0.72$188.79 million$224.16 million
1/26/2023Q4 2022-$0.65+$0.65$0.66-$175.31 million
10/27/2022Q3 2022-$0.70+$0.70$0.71-$179.24 million
7/28/2022Q2 2022-$0.64+$0.64$0.64-$166.98 million
4/28/2022Q1 2022$0.60$0.63+$0.03$0.63$164.22 million$165.41 million
1/27/2022Q4 2021$0.60$0.55($0.05)$0.55$160.24 million$160.42 million    
10/28/2021Q3 2021$0.65$0.69+$0.04$0.69$161.02 million$170.08 million
7/29/2021Q2 2021$0.66$0.77+$0.11$0.77$166.97 million$167.32 million
4/29/2021Q1 2021$0.60$0.95+$0.35$0.95$166.28 million$182.51 million

TowneBank Earnings - Frequently Asked Questions

When is TowneBank's earnings date?

TowneBank has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on TOWN's earnings history.

Did TowneBank beat their earnings estimates last quarter?

In the previous quarter, TowneBank (NASDAQ:TOWN) reported $0.48 earnings per share (EPS) to hit the analysts' consensus estimate of $0.48. Learn more on analysts' earnings estimate vs. TOWN's actual earnings.

How much revenue does TowneBank generate each year?

TowneBank (NASDAQ:TOWN) has a recorded annual revenue of $941.58 million.

How much profit does TowneBank generate each year?

TowneBank (NASDAQ:TOWN) has a recorded net income of $153.71 million. TOWN has generated $2.01 earnings per share over the last four quarters.

What is TowneBank's price-to-earnings ratio?

TowneBank (NASDAQ:TOWN) has a trailing price-to-earnings ratio of 13.38 and a forward price-to-earnings ratio of 12.51.

What is TowneBank's EPS forecast for next year?

TowneBank's earnings are expected to grow from $2.15 per share to $2.61 per share in the next year, which is a 21.40% increase.


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This page (NASDAQ:TOWN) was last updated on 4/26/2024 by MarketBeat.com Staff

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