Equities

TowneBank

TowneBank

Actions
  • Price (EUR)30.60
  • Today's Change-0.600 / -1.92%
  • Shares traded0.00
  • 1 Year change+10.87%
  • Beta--
Data delayed at least 15 minutes, as of Nov 29 2022 07:08 GMT.
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About the company

TowneBank is primarily 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 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. Its subsidiaries include Towne Investments, LLC, TowneBank Heritage Forest, LLC, TB HFHWC, LLC and others.

  • Revenue in USD (TTM)475.52m
  • Net income in USD182.48m
  • 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
announced
Transaction
value
Farmers Bankshares IncAnnounced18 Aug 202218 Aug 2022Announced2.71%58.67m
Data delayed at least 15 minutes, as of Nov 29 2022 21:00 GMT.
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