Towne Bank Stock Today
| TOWN Stock | USD 34.53 0.77 2.28% |
PerformanceVery Weak
| Odds Of DistressLow
|
Towne Bank is selling at 34.53 as of the 17th of March 2025; that is 2.28 percent up since the beginning of the trading day. The stock's open price was 33.76. Towne Bank has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
Business Domain Banks | IPO Date 7th of May 1999 | Category Financial Services | Classification Financials |
TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia. Towne Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 75.27 M outstanding shares of which 665.86 K shares are at this time shorted by private and institutional investors with about 4.22 trading days to cover. More on Towne Bank
Moving together with Towne Stock
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Towne Stock Highlights
| Chairman | William Morrison | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Hometown A/S | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsTowne Bank can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Towne Bank's financial leverage. It provides some insight into what part of Towne Bank's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Towne Bank (TOWN) is traded on NASDAQ Exchange in USA. It is located in 5716 High Street, Portsmouth, VA, United States, 23703 and employs 2,720 people. Towne Bank is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.6 B. Towne Bank conducts business under Banks sector and is part of Financials industry. The entity has 75.27 M outstanding shares of which 665.86 K shares are at this time shorted by private and institutional investors with about 4.22 trading days to cover.
Towne Bank currently holds about 109.98 M in cash with 138.36 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.53.
Check Towne Bank Probability Of Bankruptcy
Ownership AllocationTowne Bank shows a total of 75.27 Million outstanding shares. Over half of Towne Bank's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Towne Ownership Details
Towne Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2024-12-31 | 688.9 K | |
| Wellington Management Company Llp | 2024-12-31 | 672.2 K | |
| Arrowstreet Capital Limited Partnership | 2024-12-31 | 584.3 K | |
| Royce & Associates, Lp | 2024-12-31 | 538.1 K | |
| Bank Of New York Mellon Corp | 2024-12-31 | 537.8 K | |
| Ameriprise Financial Inc | 2024-12-31 | 518 K | |
| Nuveen Asset Management, Llc | 2024-12-31 | 457.9 K | |
| Goldman Sachs Group Inc | 2024-12-31 | 426.7 K | |
| Jpmorgan Chase & Co | 2024-12-31 | 421.6 K | |
| Vanguard Group Inc | 2024-12-31 | 7.5 M | |
| Blackrock Inc | 2024-12-31 | 5.5 M |
Towne Bank Historical Income Statement
Towne Stock Against Markets
Towne Bank Corporate Management
| William Littreal | Chief Strategy Officer and Sr. Executive VP | Profile | |
| Jeff Robertson | Executive Banking | Profile | |
| Scott Williams | Executive Experience | Profile | |
| Denys Diaz | Senior Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Towne Bank. If investors know Towne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Towne Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.406 | Dividend Share 1 | Earnings Share 2.15 | Revenue Per Share | Quarterly Revenue Growth 0.147 |
The market value of Towne Bank is measured differently than its book value, which is the value of Towne that is recorded on the company's balance sheet. Investors also form their own opinion of Towne Bank's value that differs from its market value or its book value, called intrinsic value, which is Towne Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Towne Bank's market value can be influenced by many factors that don't directly affect Towne Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Towne Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towne Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Towne Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.