GlobeNewsWire·6 days ago
William A. Gwaltney, Jr. and John O. Wynne, Jr. Join the TowneBank Corporate Board of DirectorsSUFFOLK, Va., June 30, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of William A.
TowneBank(TOWN)Earnings, Financials & Key Ratios
TOWN•NASDAQ•Banking & Credit
$36.69
16.6× P/E·Price updated Jul 2, 2026
AboutTowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. 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, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia.Show more
- Net Interest Income$564M+27.3%
- Total Revenue$1.01B-1.6%
- Net Income$170M+4.8%
- Return on Equity7.4%-3.7%
- Net Interest Margin2.86%+11.6%
- Efficiency Ratio48.73%-0.7%
- ROA0.92%-3.3%
- Equity / Assets12.34%-1.3%
- Book Value per Share31.65+10.4%
TOWN Price & Volume
TowneBank (TOWN) stock price & volume — 10-year historical chart
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Asset Expansion Masks Persistent Net Interest Compression
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Coastal Real Estate Concentration
Key Thesis Takeaways
- TowneBank has successfully scaled its total assets to $22.4 billion as of 2026Q1, yet this growth is primarily driven by a massive shift into investment securities rather than core loan expansion.
- While the bank maintains a stable equity-to-assets ratio of 0.13, investors should monitor the persistent net interest margin compression, which has languished between 0.6% and 0.8% over the last ten quarters.
- The reliance on volatile fee income, which dropped from 27.4% of revenue in 2025Q1 to 3.9% in 2026Q1, suggests significant earnings sensitivity to the bank's specialized realty and insurance segments.
Verdict Logic
while the bank maintains a consistent dividend payout of approximately $21.3 million per quarter, the 16.45 P/E TTM and ongoing margin compression suggest limited near-term upside potential.
TOWN Growth Metrics
TowneBank (TOWN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.83%
5 Years6.31%
3 Years10.7%
TTM-
Profit CAGR
10 Years10.51%
5 Years3.1%
3 Years-3.56%
TTM-10.26%
EPS CAGR
10 Years6.12%
5 Years1.92%
3 Years-5.27%
TTM-15.68%
Return on Capital
10 Years7.18%
5 Years7.43%
3 Years6.09%
Last Year4.69%
TOWN Recent Earnings
TowneBank (TOWN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 22, 2026Metric
Actual
Est
EPS
$0.74+0.0%
$0.74
Rev
$246M-3.1%
$254M
Q1 2026
Jan 30, 2026Metric
Actual
Est
EPS
$0.70-1.4%
$0.71
Rev
$220M-2.5%
$225M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.83+9.1%
$0.76
Rev
$216M-2.0%
$220M
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.81+17.4%
$0.69
Rev
$207M+1.1%
$205M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.74vs $0.74+0.0% | $246Mvs $254M-3.1% |
| Q1 2026 | Jan 30, 2026 | $0.70vs $0.71-1.4% | $220Mvs $225M-2.5% |
| Q4 2025 | Oct 22, 2025 | $0.83vs $0.76+9.1% | $216Mvs $220M-2.0% |
| Q3 2025 | Jul 23, 2025 | $0.81vs $0.69+17.4% | $207Mvs $205M+1.1% |
Based on last 12 quarters of dataView full earnings history →
Latest TOWN News
Recent stock market news and headlines for TowneBank (TOWN)
PRNewsWire·Jun 25, 2026
NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30--SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANYNeugebauer Calls for Leading Analysts, Journalists, and Industry Experts Regularly Covering Fermi Who Know It Best Ask the Tough Questions — So Shareholders Have All the Facts Before Voting DALLAS, June 25, 2026 /PRNewswire/ -- Toby Neugebauer, co-founder and largest individual shareholder of Fermi America, Inc. (Nasdaq: FRMI), today proposed a historic town hall webinar for Tuesday, June 30th — inviting Governor Rick Perry and his son Griffin Perry to join him before shareholders vote, so that investors can hear first-hand each party's views on the past, present, and future of Fermi. Neugebauer is proposing that the leading analysts, journalists, and industry experts who regularly cover Fermi ask the tough questions — so that investors have all the facts.
Peers Comparison
Key metrics vs top competitors for TowneBank (TOWN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $36.69 | $2.8B | 16.60 | -1.61% | 16.82% | 7.4% | 2.82% | |
| $50.25 | $2.61B | 15.09 | 10.36% | 19.66% | 9.83% | — | |
| $78.47 | $4.08B | 15.42 | -3.05% | 22.64% | 11.38% | — | |
| $24.46 | $4.68B | 11.76 | 5.03% | 20.93% | 11.45% | — | |
| $46.94 | $6.47B | 14.35 | 12.33% | 36.72% | 9.27% | — | |
| $23.22 | $3.37B | -7.87 | -56.66% | -63.53% | -10.51% | — |
Compare TOWN vs Peers
TowneBank (TOWN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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TOWN Frequently Asked Questions
TowneBank (TOWN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is TowneBank growing?
TowneBank (TOWN) saw revenue decline by 1.6% over the past year.
Is TOWN profitable?
Yes, TowneBank (TOWN) is profitable, generating $159.4M in net income for fiscal year 2025 (16.8% net margin).
Dividend & Returns
Does TOWN pay dividends?
Yes, TowneBank (TOWN) pays a dividend with a yield of 2.82%. This makes it attractive for income-focused investors.
What is TOWN's return on equity?
TowneBank (TOWN) has a return on equity (ROE) of 7.4%. This is below average, suggesting room for improvement.
Industry Metrics
What is TowneBank's net interest margin?
TowneBank (TOWN) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
What is TowneBank's efficiency ratio?
TowneBank (TOWN) has an efficiency ratio of 48.7%. This is excellent, indicating strong cost control.