TOWN: TowneBank
About
TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. It operates through the following segments: Banking, Realty, and Insurance. The Banking segment offers loan and deposit services to retail and commercial customers. The Realty segment focuses on the provision of residential real estate services and originations of a variety of mortgage loans. The Insurance segment includes the provision of full-service commercial and retail insurance, employee benefit services, and travel insurance. The company was founded by R. Scott Morgan on September 3, 1998 and is headquartered in Portsmouth, VA.
Current Value
$35.601 Year Return
Current Value
$35.601 Year Return
Key Details
Market Cap
$2.65B
P/E Ratio
17.74
1Y Stock Return
33.50%
1Y Revenue Growth
11.46%
Dividend Yield
3.29%
Price to Book
1.2
Strategies that include TOWN
Stock's related to TOWN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| UBSI | 91.28% | $5.64B | +24.71% | 3.52% |
| WSBC | 89.33% | $2.41B | +34.45% | 4.00% |
| SSB | 89.08% | $8.15B | +45.19% | 1.98% |
| UCB | 89.00% | $3.95B | +35.28% | 2.81% |
| FRME | 88.73% | $2.55B | +40.32% | 3.19% |
| BUSE | 88.38% | $1.53B | +27.01% | 3.56% |
| AUB | 88.24% | $3.76B | +33.54% | 3.09% |
| NWBI | 88.03% | $1.86B | +32.52% | 5.43% |
| TRST | 87.94% | $699.01M | +34.54% | 3.91% |
| ABCB | 87.90% | $4.82B | +63.75% | 0.86% |
| FFBC | 87.89% | $2.80B | +43.92% | 3.16% |
| SBCF | 87.87% | $2.56B | +30.25% | 2.38% |
| STBA | 87.74% | $1.63B | +50.67% | 3.09% |
| BHLB | 87.68% | $1.31B | +44.42% | 2.35% |
| FBK | 87.60% | $2.57B | +65.63% | 1.23% |
| CBU | 87.54% | $3.62B | +53.47% | 2.61% |
| FCF | 87.54% | $1.91B | +40.69% | 2.74% |
| FBNC | 87.37% | $1.93B | +49.46% | 1.87% |
| SASR | 87.28% | $1.68B | +67.43% | 3.64% |
| WASH | 87.15% | $624.58M | +38.37% | 6.06% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CME | 0.01% | $81.64B | +7.34% | 2.00% |
| PDD | 0.03% | $144.56B | -11.37% | 0.00% |
| XOS | -0.03% | $32.60M | -58.61% | 0.00% |
| WM | 0.04% | $88.91B | +28.97% | 1.33% |
| CYCN | 0.13% | $3.85M | -33.95% | 0.00% |
| NGL | 0.16% | $587.46M | +8.80% | 0.00% |
| KSPI | -0.16% | $19.73B | +8.16% | 3.55% |
| ZTO | -0.17% | $11.85B | -10.80% | 4.98% |
| CL | 0.22% | $77.00B | +21.96% | 2.09% |
| LX | 0.25% | $457.90M | +61.76% | 4.30% |
| NVDA | 0.27% | $3.60T | +201.07% | 0.07% |
| CEG | 0.33% | $78.77B | +104.33% | 0.56% |
| RDY | 0.40% | $11.67B | +3.38% | 3.33% |
| CAH | 0.41% | $29.87B | +16.57% | 1.63% |
| CRIS | 0.54% | $34.71M | -51.07% | 0.00% |
| DELL | 0.57% | $101.20B | +86.02% | 1.20% |
| OCX | -0.59% | $44.95M | -32.75% | 0.00% |
| ALAR | -0.61% | $91.57M | +144.30% | 0.00% |
| VSTA | -0.61% | $203.32M | -37.79% | 0.00% |
| NTZ | 0.77% | $47.64M | -30.80% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -17.71% | $79.75B | +37.34% | 0.41% |
| COR | -15.79% | $48.41B | +23.04% | 0.84% |
| RNR | -13.75% | $13.75B | +22.34% | 0.58% |
| CHD | -11.14% | $27.50B | +19.29% | 1.01% |
| HUSA | -8.75% | $18.58M | -19.77% | 0.00% |
| MNOV | -7.43% | $98.09M | +5.26% | 0.00% |
| FATBB | -7.00% | $75.27M | -12.35% | 12.73% |
| LLY | -6.28% | $711.91B | +26.02% | 0.68% |
| PGR | -5.09% | $154.33B | +62.01% | 0.44% |
| STG | -4.70% | $35.47M | +5.43% | 0.00% |
| NVO | -4.60% | $342.62B | -0.61% | 1.39% |
| PULM | -4.43% | $22.32M | +230.27% | 0.00% |
| PG | -4.31% | $406.83B | +14.39% | 2.27% |
| CBOE | -4.01% | $22.09B | +17.17% | 1.08% |
| EW | -3.91% | $41.51B | +4.95% | 0.00% |
| SE | -3.51% | $61.52B | +210.21% | 0.00% |
| MSDL | -3.48% | $1.83B | +0.95% | 7.27% |
| GAN | -3.16% | $82.94M | +20.53% | 0.00% |
| LITB | -2.91% | $37.87M | -73.39% | 0.00% |
| ACGL | -2.85% | $37.09B | +20.63% | 0.00% |
ETF's related to TOWN
News
Finnhub
Investor Presentation 3rd Quarter 2024 Non-GAAP Financial Measures This press...
Yahoo
TowneBank ( NASDAQ:TOWN ) shareholders are probably feeling a little disappointed, since its shares fell 6.8% to...
Yahoo
TowneBank ( NASDAQ:TOWN ) Third Quarter 2024 Results Key Financial Results Revenue: US$175.6m (up 2.2% from 3Q 2023...
Yahoo
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?
Yahoo
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
Finnhub
Earnings Presentation 3rd Quarter 2024 TowneBank at a Glance ...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.