Equities

TowneBank

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TowneBank

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FinancialsBanks
  • Price (USD)35.39
  • Today's Change-0.56 / -1.56%
  • Shares traded252.75k
  • 1 Year change+21.16%
  • Beta0.8566
Data delayed at least 15 minutes, as of Jul 11 2025 21:00 BST.
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About the company

TowneBank offers a full range of banking and other financial services through its controlled divisions and subsidiaries. The Company's financial services include banking, resort property management, mortgage, insurance, employee benefit services, and investments. Its segments include Banking, Realty, and Insurance. The banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. The Realty segment offers mortgage loans and resort property management. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. Its business banking services include business lending, business checking and online banking and treasury services. The Company operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina.

  • Revenue in USD (TTM)777.22m
  • Net income in USD177.66m
  • Incorporated1998
  • Employees2.72k
  • Location
    TowneBank5716 High St WPORTSMOUTH 23703United 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
Old Point Financial CorpAnnounced03 Apr 202503 Apr 2025Announced4.40%209.28m
Village Bank & Trust Financial CorpDeal completed24 Sep 202424 Sep 2024Deal completed4.70%119.99m
Data delayed at least 15 minutes, as of Jul 11 2025 21:00 BST.

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)
NBT Bancorp Inc619.14m143.56m2.30bn2.08k14.591.3313.763.903.023.0212.4233.13--------1.051.12--------24.2926.24------39.1917.0010.7218.403.0512.054.68
Banner Corp775.28m176.47m2.38bn1.96k13.511.2912.083.815.095.0918.0053.16--------1.111.11--------28.2728.54------34.279.207.82-8.022.92-11.06-1.01
First Merchants Corp934.62m206.93m2.42bn2.12k11.711.0410.173.713.553.5511.2140.34--------1.141.23--------31.9634.05------35.396.0515.29-10.093.94--6.81
First Financial Bancorp1.00bn229.43m2.46bn2.02k10.710.98529.492.932.402.408.8026.13--------1.271.28--------27.2929.10------41.5610.9710.53-10.572.930.13440.8735
WaFd Inc1.45bn214.60m2.49bn2.21k11.770.917914.873.392.642.649.0337.55--------0.79341.01--------31.2332.36------33.3031.5215.36-23.63-2.48-7.035.45
Simmons First National Corp1.30bn146.21m2.54bn2.95k17.430.719913.283.221.161.166.2628.04--------0.53990.8814--------18.5026.87------40.898.4210.87-12.78-8.48-7.675.67
Seacoast Banking Corporation of Florida734.11m126.44m2.55bn1.52k19.981.1415.324.811.481.486.2326.04--------0.82750.9549--------23.8324.41------34.855.3120.1516.304.159.84--
FB Financial Corp729.12m127.45m2.55bn1.49k17.441.3817.965.332.722.7210.2134.44--------0.99251.04--------26.6223.62------19.676.9520.76-3.486.84-0.793516.27
TowneBank777.22m177.66m2.71bn2.72k15.241.2317.613.772.362.369.5429.19--------1.041.15--------24.8426.40------37.249.8210.615.233.119.301.98
BankUnited Inc1.89bn238.71m2.84bn1.66k11.740.98169.482.773.223.2213.8538.51--------0.69480.7367--------23.6627.39------29.923.648.4730.41-5.29--6.30
CVB Financial Corp615.43m201.77m2.87bn1.09k14.351.3013.045.721.451.453.6116.02--------1.281.38--------40.4941.35------50.633.926.60-9.38-0.7907-1.443.30
Park National Corp528.53m158.37m2.88bn1.73k18.262.2516.795.459.749.7432.5379.00--------1.601.48--------29.9429.73------51.9710.887.7219.488.07-9.210.9711
Bancorp Inc555.59m218.28m2.92bn771.0014.143.5413.015.094.434.4311.6317.66--------2.522.04--------38.0137.71------0.008.2625.1613.1333.5219.84--
Inter & Co Inc1.04bn182.77m3.05bn3.24k16.591.9012.802.410.41830.41832.903.66--------1.520.623--------15.486.84------6.0212.9545.97200.03100.9547.32--
Community Financial System Inc658.52m190.39m3.14bn2.73k16.491.7114.284.113.613.6114.4934.71--------1.171.15--------24.9926.00------54.5018.8710.7838.231.5029.493.15
Data as of Jul 11 2025. Currency figures normalised to TowneBank's reporting currency: US Dollar USD

Institutional shareholders

38.69%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20257.24m9.63%
BlackRock Fund Advisorsas of 31 Mar 20254.77m6.35%
T. Rowe Price Investment Management, Inc.as of 31 Mar 20254.39m5.85%
Dimensional Fund Advisors LPas of 31 Mar 20254.15m5.52%
Victory Capital Management, Inc. (Investment Management)as of 31 Mar 20252.58m3.44%
SSgA Funds Management, Inc.as of 31 Mar 20251.95m2.60%
Geode Capital Management LLCas of 31 Mar 20251.73m2.30%
Charles Schwab Investment Management, Inc.as of 31 Mar 2025820.66k1.09%
Janus Henderson Investors US LLCas of 31 Mar 2025749.65k1.00%
American Century Investment Management, Inc.as of 31 Mar 2025693.01k0.92%
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Data from 31 Mar 2025 - 31 Mar 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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