• Price (EUR)24.00
  • Today's Change-1.00 / -4.00%
  • Shares traded0.00
  • 1 Year change-11.11%
  • Beta--
Data delayed at least 15 minutes, as of Mar 31 2023 07:08 BST.
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About the company

TowneBank is engaged in offering retail and commercial banking services to various markets in Virginia and North Carolina. The Company operates through three segments: Banking, Realty and Insurance. 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 offers residential real estate services, mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. It operates over 45 banking offices (eight of which operate as Farmers Bank, a division of TowneBank) throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. Its subsidiaries include Towne Investments, LLC, TowneBank Heritage Forest, LLC and others.

  • Revenue in USD (TTM)517.94m
  • Net income in USD188.99m
  • Incorporated1998
  • Employees2.62k
  • Location
    TowneBank5716 High StreetPORTSMOUTH 23703-4502United StatesUSA
  • Phone+1 (757) 638-7500
  • Websitehttps://townebank.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
TOWN:NSQ since
Farmers Bankshares IncDeal completed18 Aug 202218 Aug 2022Deal completed-14.00%58.67m
Data delayed at least 15 minutes, as of Mar 31 2023 21:00 BST.
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