Towne Bank (TOWN) Stock Price, News & Analysis

Company Overview

TowneBank is a financial services company headquartered in Suffolk, Virginia. Founded in 1999 by community leaders in Hampton Roads, the company operates as the parent of TowneBank, a community bank serving southeastern Virginia and northeastern North Carolina.

Through its banking operations, TowneBank provides personal and business deposit accounts, residential and commercial lending, cash-management services, online and mobile banking, and other financial products. Its customer base includes individuals, families, small businesses, commercial enterprises, and nonprofit organizations.

Beyond traditional banking, TowneBank offers mortgage lending, wealth management, insurance, and real estate-related services through its family of companies. These operations include services such as residential mortgage origination, investment and trust solutions, property and casualty insurance, real estate brokerage, title services, and property management.

Key Stats

• Today's Range: $36.48 to $37.28
• 50-Day Range: $35.76 to $38.76
• 52-Week Range: $31.91 to $39.03
• Volume: 875,318 shs
• Average Volume: 483,104 shs
• Market Capitalization: $2.93 billion
• P/E Ratio: 10.42
• Dividend Yield: 3.02%
• Price Target: $39.50
• Consensus Rating: Moderate Buy

Towne Bank Stock Analysis - MarketRank™

Towne Bank scored higher than 75% of companies evaluated by MarketBeat, and ranked 341st out of 835 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 2.75, and is based on 1 strong buy rating, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Towne Bank is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Towne Bank has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.03%

Earnings Growth

Earnings for Towne Bank are expected to grow by 10.03% in the coming year, from $3.09 to $3.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Towne Bank is 10.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Towne Bank is 10.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.31.

Price to Book Value per Share Ratio

Towne Bank has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.86% 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 5.11.

Change versus previous month

Short interest in Towne Bank has recently increased by 14.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Towne Bank pays a meaningful dividend of 3.02%, 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 31.46%. 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 32.94% next year. This indicates that Towne Bank will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.90

News Sentiment

Towne Bank has a news sentiment score of 0.90. 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 is a higher news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Towne Bank this week, compared to 2 articles on an average week.

Search Interest

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

Company Ownership

• Score: 1.0 / 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

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.

Company Calendar

• Record date for 7/10 Dividend: 6/26/2026
• Ex-Dividend for 7/10 Dividend: 6/26/2026
• Dividend Payable: 7/10/2026
• Last Earnings: 7/23/2026
• Today: 9/20/2026
• Record date for 10/9 Dividend: 9/25/2026
• Ex-Dividend for 10/9 Dividend: 9/25/2026
• Dividend Payable: 10/09/2026
• Next Earnings (Estimated): 10/21/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TOWN
• CIK: 1170279
• Web: www.townebank.com
• Phone: (757) 638-7500
• Fax: 215-832-1055
• Employees: 1,939
• Year Founded: 1999

Price Target and Rating

• Average Price Target for Towne Bank: $39.50
• High Price Target: $41.00
• Low Price Target: $38.00
• Potential Upside/Downside: +6.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.56
• Trailing P/E Ratio: 10.42
• Forward P/E Ratio: 12.00
• P/E Growth: N/A
• Net Income: $169.53 million
• Net Margins: 25.64%
• Pretax Margin: 33.58%
• Return on Equity: 9.60%
• Return on Assets: 1.22%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 0.90
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $1.12 billion
• Price / Sales: 2.62
• Cash Flow: $3.43 per share
• Price / Cash Flow: 10.80
• Book Value: $30.76 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 78,960,000
• Free Float: 72,536,000
• Market Cap: $2.93 billion
• Optionable: Optionable
• Beta: 0.68