Equities

Towne Bank

Towne Bank

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  • Price (USD)29.75
  • Today's Change-0.25 / -0.83%
  • Shares traded108.81k
  • 1 Year change+66.29%
  • Beta1.1534
Data delayed at least 15 minutes, as of Jul 27 2021 21:00 BST.
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About the company

TowneBank is a community bank. The Bank offers personal banking services and business banking services. The Bank operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. The Realty segment provides residential real estate services, originations of a range of mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides property and casualty insurance, as well as employee and group benefits. The Bank provides checking accounts, cards, savings, money markets and certificate of deposits (CDs), mobile banking, financial management software, private banking and switch kit. The Bank also offers auto loans, home equity loans, construction loans, lot loans, recreational vehicles, mortgage loans, land acquisition loans, construction loans, development Loans, and personal loans and lines of credit.

  • Revenue in USD (TTM)458.35m
  • Net income in USD188.15m
  • Incorporated1998
  • Employees2.49k
  • Location
    Towne Bank5716 High StreetPORTSMOUTH 23703-4502United StatesUSA
  • Phone+1 (757) 638-7500
  • Websitehttps://townebank.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Triumph Bancorp Inc355.34m113.64m1.89bn1.17k16.572.5214.044.814.534.5315.6531.56--------2.011.20--------29.8119.32------0.003.5226.676.4517.0648.46--
Heartland Financial USA Inc553.02m164.25m1.90bn2.01k10.640.97519.922.954.234.2316.6348.76--------1.081.03--------26.5222.57------17.774.3315.07-10.4917.6517.9814.87
Columbia Financial Inc288.66m71.88m1.92bn557.0026.761.9324.147.350.66080.66082.399.17--------0.8279----------27.53----------13.26--5.27------
Sandy Spring Bancorp Inc.453.86m232.07m1.92bn1.15k8.311.2310.083.654.904.9011.1233.02--------1.791.17--------44.4327.27------43.7921.7621.75-16.8616.22-10.075.92
Trustmark Corp457.41m189.77m1.94bn2.80k10.261.108.332.792.992.9910.9327.76--------1.231.01--------27.3122.49------44.35-8.262.596.366.647.480.00
First Midwest Bancorp Inc624.20m147.61m2.05bn2.07k13.840.758816.782.791.301.306.4823.68--------0.77150.9093--------22.4520.57------36.30-6.7914.15-50.623.790.01779.86
Renasant Corp.489.72m139.55m2.06bn2.52k14.790.946611.482.902.472.4712.5638.61--------0.94541.06--------19.6922.01------35.05-8.1913.62-50.094.232.355.29
WSFS Financial Corporation488.85m271.71m2.09bn1.84k7.861.1110.763.215.585.5813.2739.64--------1.891.21--------41.7622.16------14.73-1.2823.02-24.0116.13-3.0617.98
First Financial Bancorp500.62m187.99m2.17bn2.11k11.560.943613.213.321.921.926.6823.59--------1.181.22--------28.7927.97------46.97-13.6014.24-21.3415.7317.147.53
WesBanco Inc523.88m166.59m2.17bn2.61k13.040.8226--3.572.482.489.0641.40--------1.041.03--------28.2027.03------48.8911.7815.64-24.858.13-4.646.89
TowneBank458.35m188.15m2.18bn2.49k11.551.218.953.072.602.609.7924.78--------1.551.25--------30.2424.25------36.48-1.6416.674.8718.4714.459.37
First Merchants Corporation442.54m186.37m2.19bn1.91k11.691.1615.734.303.453.459.4034.68--------1.301.32--------36.6532.82------31.15-3.6315.19-10.3617.66--20.46
Flagstar Bancorp Inc826.00m641.00m2.27bn5.42k3.730.9609--1.0211.5311.5339.9244.70--------2.281.32--------28.9121.72--------3.1518.20146.7933.263.26--
Independent Bank Corp (Massachusetts)391.06m143.99m2.31bn1.43k16.031.3318.084.834.364.5114.4952.72--------1.061.23--------30.1028.07------39.79-10.0511.29-29.5512.363.7112.28
Washington Federal Inc.589.14m159.21m2.32bn2.08k14.991.1513.994.292.142.147.2432.06--------0.87561.16--------30.6335.82------33.73-7.483.21-17.511.59-2.8310.14
Cadence Bancorp643.97m457.63m2.34bn1.82k5.16----2.533.643.647.35------------0.5401--------49.5011.72------51.66-17.3119.40-202.11--6.17--
Data as of Jul 27 2021. Currency figures normalised to Towne Bank's reporting currency: US Dollar USD

Institutional shareholders

33.71%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20216.11m8.42%
BlackRock Fund Advisorsas of 31 Mar 20214.63m6.38%
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Mar 20214.16m5.73%
Dimensional Fund Advisors LPas of 31 Mar 20212.78m3.83%
American Century Investment Management, Inc.as of 31 Mar 20211.51m2.07%
SSgA Funds Management, Inc.as of 31 Mar 20211.33m1.84%
Geode Capital Management LLCas of 31 Mar 20211.10m1.52%
Goldman Sachs Asset Management LPas of 31 Mar 20211.05m1.44%
Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 2021930.38k1.28%
Renaissance Technologies LLCas of 31 Mar 2021872.28k1.20%
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Data from 31 Mar 2021 - 31 Mar 2021Source: FactSet Research Systems Inc.
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