Towne Bank (TOWN) Stock Highlights

34.32 | +0.5%

2024-12-23 03:02:48

Towne Bank operates in Virginia and North Carolina. The company offers a diversified range of financial services through banking and nonbanking subsidiaries, and primarily serves the financial needs of individuals and small to medium-size businesses. The company has three reportable operating segments, which include banking, realty, and insurance. The banking segment provides traditional banking functions, along with commercial mortgage brokerage services and asset management services. The bank operates through a decentralized business model, while administrative decisions are made at the corporate level. The banks strategic plan emphasizes generating fee income, which still trails its net interest income. Most of the companys loan portfolio is in real estate loans.

Statistics

Range Today

33.87 34.94

Volume Today 658.7K

Range 1 Year

25.7 38.28

Volume 1 Year 63.83M

Range 3 Year

21.22 38.28

Volume 3 Year 161.3M

Range 10 Year

14.25 38.28

Volume 10 Year 426.65M

Highlights

Market Capitalization 2.66B (mid)

Floating Shares 68.58M

Current Price 34.32

Price To Earnings 17.61

Price To Revenue 3.97

Price To Book 1.22

Earnings Per Share 2

Dividend Yield 2.85%

Dividend Per Share 1

Payout Ratio 50%

Performance

Latest +0.5%

1 Month -2.53%

3 Months -0.98%

6 Months +30.1%

1 Year +13.27%

3 Years +13.23%

5 Years +18.88%

10 Years +117.63%

Benchmarks

Market Capitalization

64 / 394

Gross Profits

60 / 366

Total Revenue

60 / 391

Total Rank

223 / 394

Free Cashflow

0 / 3

Performance 5 years

129 / 394

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