NasdaqGS - Nasdaq Real Time Price • USD TowneBank (TOWN) Follow Compare 36.17 +1.30 +(3.73%) As of 10:52:20 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations TowneBank (NASDAQ:TOWN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$40.00 The annual results for TowneBank ( NASDAQ:TOWN ) were released last week, making it a good time to revisit its... TowneBank (TOWN) Q4 Earnings and Revenues Beat Estimates TowneBank (TOWN) delivered earnings and revenue surprises of 22.22% and 5.60%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? TowneBank Reports Full Year and Fourth Quarter Financial Results for 2024 SUFFOLK, Va., Jan. 22, 2025 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (Nasdaq: TOWN) today reported financial results for the full year and fourth quarter ended December 31, 2024. For the year ended December 31, 2024, earnings were $161.76 million, or $2.15 per diluted share, compared to $153.72 million, or $2.06 per diluted share, for the year ended December 31, 2023. Excluding certain items affecting comparability, core earnings (non-GAAP) for 2024 were $163.65 million, or $2.18 3 US Dividend Stocks With Yields Between 3% And 7.5% As the U.S. stock market navigates mixed performances amid economic data and interest rate concerns, investors are keenly watching for opportunities that offer stability and income potential. Dividend stocks, particularly those with yields between 3% and 7.5%, can provide a reliable income stream in uncertain times, making them an attractive option for those seeking to balance growth with steady returns. 3 US Stocks Estimated At Up To 50% Below Intrinsic Value As the U.S. stock market experiences fluctuations with futures inching higher following expected jobs data and the anticipation of a potential December rate cut, investors are closely monitoring opportunities for value investments amid record highs in major indices. Identifying stocks that are estimated to be significantly undervalued can offer strategic entry points, especially in a market environment where economic indicators suggest stability and potential monetary easing. TowneBank (NASDAQ:TOWN) Will Pay A Dividend Of $0.25 TowneBank ( NASDAQ:TOWN ) will pay a dividend of $0.25 on the 14th of January. This means that the annual payment will... TowneBank Announces Quarterly Cash Dividend SUFFOLK, Va., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its fourth-quarter shareholder cash dividend of $0.25 per common share payable on January 14, 2025, to shareholders of record on December 31, 2024. The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions. About TowneBank: Founded in 1999, TowneBank is a company built on rela TowneBank (NASDAQ:TOWN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think TowneBank ( NASDAQ:TOWN ) shareholders are probably feeling a little disappointed, since its shares fell 6.8% to... TowneBank Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag TowneBank ( NASDAQ:TOWN ) Third Quarter 2024 Results Key Financial Results Revenue: US$175.6m (up 2.2% from 3Q 2023... TowneBank (TOWN) Matches Q3 Earnings Estimates TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 2.32%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? TowneBank Reports Third Quarter 2024 Earnings SUFFOLK, Va., Oct. 23, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2024 of $42.95 million, or $0.57 per diluted share, compared to $44.86 million, or $0.60 per diluted share, for the quarter ended September 30, 2023. Excluding certain items affecting comparability, core earnings (non-GAAP) were $43.39 million, or $0.58 per diluted share, in the current quarter compared to $44.88 million, or $0.60 per dil TowneBank to Acquire Village Bank, Boost Richmond MSA Presence TOWN is set to acquire VBFC for $120 million in an all-cash deal to expand its presence in Richmond MSA. It is set to be roughly 6% accretive to 2025 earnings. TowneBank and Village Bank and Trust Financial Corp. Announce Agreement to Merge SUFFOLK, Va. and MIDLOTHIAN, Va., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Village Bank and Trust Financial Corp. (NASDAQCM: VBFC) (“Village”), the parent company of Village Bank, today announced the signing of a definitive agreement and plan of reorganization pursuant to which TowneBank will acquire Village and Village Bank. The proposed transaction will enhance TowneBank’s continued and growing presence in the Richmond MSA while providing opportunity TowneBank's (NASDAQ:TOWN) Dividend Will Be $0.25 TowneBank's ( NASDAQ:TOWN ) investors are due to receive a payment of $0.25 per share on 11th of October. This means... TowneBank (NASDAQ:TOWN) investors are up 8.1% in the past week, but earnings have declined over the last year These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do... TowneBank (TOWN) Q2 Earnings and Revenues Top Estimates TowneBank (TOWN) delivered earnings and revenue surprises of 16.33% and 1.70%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? TowneBank Reports Second Quarter 2024 Earnings SUFFOLK, Va., July 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2024 of $42.86 million, or $0.57 per diluted share, compared to $41.72 million, or $0.56 per diluted share, for the quarter ended June 30, 2023. Excluding certain items affecting comparability, core earnings (non-GAAP) were $42.56 million, or $0.57 per diluted share, in the current quarter, an increase of 10.10% compared to $38.66 million, or TowneBank (NASDAQ:TOWN) Has Affirmed Its Dividend Of $0.25 The board of TowneBank ( NASDAQ:TOWN ) has announced that it will pay a dividend of $0.25 per share on the 12th of... TowneBank First Quarter 2024 Earnings: Misses Expectations TowneBank ( NASDAQ:TOWN ) First Quarter 2024 Results Key Financial Results Revenue: US$168.0m (down 2.6% from 1Q 2023... Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. Performance Overview Trailing total returns as of 1/27/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return TOWN S&P 500 YTD +6.04% +1.59% 1-Year +30.37% +22.69% 3-Year +24.45% +37.95%