Market Cap 2.69B
Revenue (ttm) 1.03B
Net Income (ttm) 161.76M
EPS (ttm) N/A
PE Ratio 13.82
Forward PE 12.07
Profit Margin 15.77%
Debt to Equity Ratio 0.01
Volume 182,100
Avg Vol 315,850
Day's Range N/A - N/A
Shares Out 75.00M
Stochastic %K 14%
Beta 0.87
Analysts Sell
Price Target $41.00

Company Profile

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, a...

Industry: Banks - Regional
Sector: Financial Services
Phone: 757 638 7500
Address:
5716 High Street, Portsmouth, United States
highnihilism
highnihilism Sep. 16 at 7:41 PM
IWM: Russell 2000 → $GDYN Grid Dynamics $STRA Strategic Education $POR Portland Gen Electric $TOWN Towne Bank $AAMI Acadian Asset Management
0 · Reply
highnihilism
highnihilism Sep. 16 at 2:16 PM
Regional Banks $VLY Valley Ntl $AX Axos Financial $TOWN Towne Bank $SNV Synovus Financial Corp. $CADE Cadence Bank
0 · Reply
FreeBeerTomorrow
FreeBeerTomorrow Aug. 31 at 11:22 AM
The stock for Old Point Financial Corporation $OPOF was halted yesterday, August 29, 2025, in anticipation of its merger with TowneBank $TOWN . ​According to a Nasdaq Trader alert, the halt was scheduled to take place immediately following the after-hours session at or around 7:50 p.m. on August 29, 2025. The merger is tentatively scheduled to close at 12:02 a.m. on September 1, 2025. If the merger closes as planned, the stock will remain halted on September 2nd and will be suspended effective September 3, 2025.
0 · Reply
Mergerbrief
Mergerbrief Aug. 26 at 12:25 PM
$OPOF/ $TOWN – Election Deadline MergerBrief.com
0 · Reply
ZacksResearch
ZacksResearch Aug. 20 at 4:44 PM
$TOWN makes a bold move with a $476.2M deal 🚨 The Dogwood acquisition expands its Carolina footprint while targeting cost savings and future earnings growth. Full breakdown of the growth play here 👉 https://www.zacks.com/stock/news/2740451/townebank-to-buy-dogwood-for-4762m-expand-presence-in-carolinas?cid=sm-stocktwits-2-2740451-teaser-8640&ADID=SYND_STOCKTWITS_TWEET_2_2740451_TEASER_8640
0 · Reply
ZacksResearch
ZacksResearch Aug. 20 at 3:44 PM
$TOWN expands in the Carolinas with a strategic acquisition! 🚀 TowneBank is set to acquire Dogwood State Bank in a $476.2M deal, expected to be accretive to EPS by 8% in 2027. With a Zacks Rank #2 (Buy), TOWN is outperforming the industry’s 1.8% growth so far this year. Discover the full deal details here 👉 https://www.zacks.com/stock/news/2740451/townebank-to-buy-dogwood-for-4762m-expand-presence-in-carolinas?cid=sm-stocktwits-2-2740451-body-8641&ADID=SYND_STOCKTWITS_TWEET_2_2740451_BODY_8641
0 · Reply
Annie_Preferred
Annie_Preferred Aug. 1 at 7:22 PM
$TOWN Nah, market is wrong. Very tied to housing with large mortgage and real estate division ... should be going up with the rest of housing plays!
0 · Reply
Annie_Preferred
Annie_Preferred Jul. 30 at 9:56 PM
$VABK Say I'm at the Cayce Center at Va Beach and I have a psychic vision ... I see $TOWN buying this ... such a great fit! Actually, I am a psychic!
0 · Reply
Annie_Preferred
Annie_Preferred Jun. 18 at 8:06 PM
$TOWN Stock price was higher in 2017 ... like my bf said, even Tom Brady realized one day he needed to hang it up. Time to sell the bank and retire!
0 · Reply
Annie_Preferred
Annie_Preferred May. 30 at 7:57 PM
$NRIM $TOWN $KRE $QABA $VABK Only one that did any good is NRIM. TOWN doing terrible ... they should sell soon!
0 · Reply
Latest News on TOWN
Alt.town $TOWN Token Secures Listing on Binance Alpha

Aug 28, 2025, 9:00 AM EDT - 19 days ago

Alt.town $TOWN Token Secures Listing on Binance Alpha


TowneBank Announces Quarterly Cash Dividend

Aug 27, 2025, 2:00 PM EDT - 20 days ago

TowneBank Announces Quarterly Cash Dividend


TowneBank: Acquisitions Boost Earnings (Rating Upgrade)

Aug 18, 2025, 10:30 AM EDT - 4 weeks ago

TowneBank: Acquisitions Boost Earnings (Rating Upgrade)


Top 2 Financials Stocks That May Fall Off A Cliff This Quarter

Nov 22, 2024, 7:54 AM EST - 10 months ago

Top 2 Financials Stocks That May Fall Off A Cliff This Quarter

WT


TowneBank Reports First Quarter 2024 Earnings

Apr 24, 2024, 4:30 PM EDT - 1 year ago

TowneBank Reports First Quarter 2024 Earnings


TowneBank Announces Retirement of Two Directors

Mar 27, 2024, 2:30 PM EDT - 1 year ago

TowneBank Announces Retirement of Two Directors


Townebank Announces Quarterly Cash Dividend

Nov 29, 2023, 11:00 AM EST - 1 year ago

Townebank Announces Quarterly Cash Dividend


TowneBank Reports Third Quarter 2023 Earnings

Oct 26, 2023, 8:00 AM EDT - 2 years ago

TowneBank Reports Third Quarter 2023 Earnings


TowneBank Reports Second Quarter 2023 Earnings

Jul 27, 2023, 8:30 AM EDT - 2 years ago

TowneBank Reports Second Quarter 2023 Earnings


TowneBank: Trading At 12x Earnings And 1.2x Tangible Book Value

Jun 30, 2023, 10:30 AM EDT - 2 years ago

TowneBank: Trading At 12x Earnings And 1.2x Tangible Book Value


KBRA Affirms Ratings for TowneBank

Jun 23, 2023, 3:44 PM EDT - 2 years ago

KBRA Affirms Ratings for TowneBank


TowneBank Reports First Quarter 2023 Earnings

Apr 27, 2023, 8:00 AM EDT - 2 years ago

TowneBank Reports First Quarter 2023 Earnings


TowneBank Announces Completion of Farmers Bank Merger

Jan 17, 2023, 8:30 AM EST - 2 years ago

TowneBank Announces Completion of Farmers Bank Merger


TowneBank Names Clark as Chief Operating Officer

Jan 5, 2023, 2:00 PM EST - 2 years ago

TowneBank Names Clark as Chief Operating Officer


TowneBank Announces Timing of Closing of Farmers Bank Merger

Dec 16, 2022, 8:55 AM EST - 2 years ago

TowneBank Announces Timing of Closing of Farmers Bank Merger


TowneBank Reports Third Quarter 2022 Earnings

Oct 27, 2022, 8:30 AM EDT - 3 years ago

TowneBank Reports Third Quarter 2022 Earnings


TowneBank Promotes Morrison and Miller

Oct 13, 2022, 12:30 PM EDT - 3 years ago

TowneBank Promotes Morrison and Miller


TowneBank Promotes Skinner, Davis and Wallace

Oct 11, 2022, 11:00 AM EDT - 3 years ago

TowneBank Promotes Skinner, Davis and Wallace


TowneBank Promotes Dawn S. Glynn

Oct 3, 2022, 3:30 PM EDT - 3 years ago

TowneBank Promotes Dawn S. Glynn


TowneBank Names Chief Executive Officer Successor

Aug 26, 2022, 8:30 AM EDT - 3 years ago

TowneBank Names Chief Executive Officer Successor


TowneBank Reports Second Quarter 2022 Earnings

Jul 28, 2022, 8:30 AM EDT - 3 years ago

TowneBank Reports Second Quarter 2022 Earnings


13 Upcoming Dividend Increases Including One King

Jun 23, 2022, 12:08 PM EDT - 3 years ago

13 Upcoming Dividend Increases Including One King

ACU AQN ARE BNS CAH CVBF ISTR


TowneBank Reports First Quarter 2022 Earnings

Apr 28, 2022, 8:30 AM EDT - 3 years ago

TowneBank Reports First Quarter 2022 Earnings


TowneBank Announces Retirement of Three Directors

Apr 14, 2022, 1:30 PM EDT - 3 years ago

TowneBank Announces Retirement of Three Directors


TowneBank Announces Completion of Subordinated Notes Offering

Feb 9, 2022, 11:55 AM EST - 3 years ago

TowneBank Announces Completion of Subordinated Notes Offering


TowneBank Announces Pricing of Subordinated Notes Offering

Feb 2, 2022, 6:00 PM EST - 3 years ago

TowneBank Announces Pricing of Subordinated Notes Offering


TowneBank Announces CEO Transition

Jan 27, 2022, 8:35 AM EST - 3 years ago

TowneBank Announces CEO Transition


TowneBank Reports Third Quarter 2021 Earnings

Oct 28, 2021, 8:30 AM EDT - 4 years ago

TowneBank Reports Third Quarter 2021 Earnings


TowneBank Reports Second Quarter 2021 Earnings

Jul 29, 2021, 8:30 AM EDT - 4 years ago

TowneBank Reports Second Quarter 2021 Earnings


highnihilism
highnihilism Sep. 16 at 7:41 PM
IWM: Russell 2000 → $GDYN Grid Dynamics $STRA Strategic Education $POR Portland Gen Electric $TOWN Towne Bank $AAMI Acadian Asset Management
0 · Reply
highnihilism
highnihilism Sep. 16 at 2:16 PM
Regional Banks $VLY Valley Ntl $AX Axos Financial $TOWN Towne Bank $SNV Synovus Financial Corp. $CADE Cadence Bank
0 · Reply
FreeBeerTomorrow
FreeBeerTomorrow Aug. 31 at 11:22 AM
The stock for Old Point Financial Corporation $OPOF was halted yesterday, August 29, 2025, in anticipation of its merger with TowneBank $TOWN . ​According to a Nasdaq Trader alert, the halt was scheduled to take place immediately following the after-hours session at or around 7:50 p.m. on August 29, 2025. The merger is tentatively scheduled to close at 12:02 a.m. on September 1, 2025. If the merger closes as planned, the stock will remain halted on September 2nd and will be suspended effective September 3, 2025.
0 · Reply
Mergerbrief
Mergerbrief Aug. 26 at 12:25 PM
$OPOF/ $TOWN – Election Deadline MergerBrief.com
0 · Reply
ZacksResearch
ZacksResearch Aug. 20 at 4:44 PM
$TOWN makes a bold move with a $476.2M deal 🚨 The Dogwood acquisition expands its Carolina footprint while targeting cost savings and future earnings growth. Full breakdown of the growth play here 👉 https://www.zacks.com/stock/news/2740451/townebank-to-buy-dogwood-for-4762m-expand-presence-in-carolinas?cid=sm-stocktwits-2-2740451-teaser-8640&ADID=SYND_STOCKTWITS_TWEET_2_2740451_TEASER_8640
0 · Reply
ZacksResearch
ZacksResearch Aug. 20 at 3:44 PM
$TOWN expands in the Carolinas with a strategic acquisition! 🚀 TowneBank is set to acquire Dogwood State Bank in a $476.2M deal, expected to be accretive to EPS by 8% in 2027. With a Zacks Rank #2 (Buy), TOWN is outperforming the industry’s 1.8% growth so far this year. Discover the full deal details here 👉 https://www.zacks.com/stock/news/2740451/townebank-to-buy-dogwood-for-4762m-expand-presence-in-carolinas?cid=sm-stocktwits-2-2740451-body-8641&ADID=SYND_STOCKTWITS_TWEET_2_2740451_BODY_8641
0 · Reply
Annie_Preferred
Annie_Preferred Aug. 1 at 7:22 PM
$TOWN Nah, market is wrong. Very tied to housing with large mortgage and real estate division ... should be going up with the rest of housing plays!
0 · Reply
Annie_Preferred
Annie_Preferred Jul. 30 at 9:56 PM
$VABK Say I'm at the Cayce Center at Va Beach and I have a psychic vision ... I see $TOWN buying this ... such a great fit! Actually, I am a psychic!
0 · Reply
Annie_Preferred
Annie_Preferred Jun. 18 at 8:06 PM
$TOWN Stock price was higher in 2017 ... like my bf said, even Tom Brady realized one day he needed to hang it up. Time to sell the bank and retire!
0 · Reply
Annie_Preferred
Annie_Preferred May. 30 at 7:57 PM
$NRIM $TOWN $KRE $QABA $VABK Only one that did any good is NRIM. TOWN doing terrible ... they should sell soon!
0 · Reply
Annie_Preferred
Annie_Preferred May. 22 at 8:21 PM
$AUB $VABK $TOWN Trump going to let these banks start merging like crazy!
0 · Reply
DividendPower
DividendPower May. 17 at 11:25 AM
Recent Dividend Increases - Updated 05/16/25 https://www.dividendpower.org/dividend-increases/ $RLI $MAR $HY $LSTR $TOWN
0 · Reply
Annie_Preferred
Annie_Preferred May. 8 at 4:52 PM
$TOWN When is the blockchain expert on the BOD going to do something?
0 · Reply
Annie_Preferred
Annie_Preferred Apr. 10 at 9:00 PM
$TOWN definitely would move up if they announce they are starting a crypto division .... like getting into crypto-asset custody, stablecoin activities, and participation in independent node verification networks!
0 · Reply
Annie_Preferred
Annie_Preferred Apr. 7 at 4:10 PM
$OPOF My bf told me if TOWN trades at $31, the implied value of the $TOWN merger consideration is $38.17 ... anyone get a different amount?
0 · Reply
Rage_Against_The_Machine
Rage_Against_The_Machine Apr. 3 at 12:36 PM
Breaking: $OPOF agrees to merge with $TOWN in $203M deal. Shareholders get $41 cash or 1.14 TOWN shares per share - a 10% EPS boost for acquirer. Deal closes H2'25. For OPOF holders, this premium exit validates recent operational improvements. Bullish while regulatory risks remain. https://www.sec.gov/Archives/edgar/data/740971/000110465925031476/tm2511300d1_8k.htm
0 · Reply
MarketMindset
MarketMindset Jan. 23 at 5:36 AM
Earnings AH on Wednesday: $KMI $STLD $TOWN $PLXS $RLI
0 · Reply
IN0V8
IN0V8 Jan. 8 at 4:48 PM
$TOWN Raymond James raises target price to $38 from $36
0 · Reply
Mergerbrief
Mergerbrief Dec. 19 at 1:11 PM
$VBFC / $TOWN - Shareholder Vote $VBFC Sign Up For Full Schedule MergerBrief.com
0 · Reply
IN0V8
IN0V8 Dec. 4 at 3:38 PM
$TOWN KBW raises target price to $45 from $40
1 · Reply
Annie_Preferred
Annie_Preferred Oct. 4 at 8:16 PM
$TOWN $VABK $NRIM Interest rates drop and mortgage rates stay high ... formula for mega profits!
0 · Reply
IN0V8
IN0V8 Oct. 2 at 4:02 PM
$TOWN KBW raises target price to $40 from $35 KBW raises to outperform from market perform
0 · Reply