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Profile

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 bank's strategic plan emphasizes generating fee income, which still trails its net interest income. Most of the company's loan portfolio is in real estate loans.

Contact Information

Website: www.townebank.com
Email: William.littreal@townebank.net
Main Phone: +1 757 638-7500
Address: 5716 High Street
State: VA
City / Town: Portsmouth
Country: US
Postal Code: 23703

Issuer Information

Exchange: NGS
CEO: J. Davis
Employees: 2450
NAICS: Commercial Banking(522110)

Equities News

Profile

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 bank's strategic plan emphasizes generating fee income, which still trails its net interest income. Most of the company's loan portfolio is in real estate loans.

Contact Information

Website: www.townebank.com
Email: William.littreal@townebank.net
Main Phone: +1 757 638-7500
Address: 5716 High Street
State: VA
City / Town: Portsmouth
Country: US
Postal Code: 23703

Issuer Information

Exchange: NGS
CEO: J. Davis
Employees: 2450
NAICS: Commercial Banking(522110)

Equities News

$ 22.75 $ -0.6 (-2.57%)
Last Price 22.75 Change $ -0.6 Change % -2.57 Tick N/A
Bid 21.00 Bid Size 1,000.00 Ask N/A Ask Size 0.00
Open 22.99 High 23.00 Low 22.55 Prev Close 23.35
Last Trade Volume 115,595 52 Wk Hi 29.03 52 Wk Low 15.03
Market Cap 1.7 bi Ex-Div Date Div Rate 0.72 Yield 3.1650
Shares 72,654,823.00 EPS (TTM) 1.80 PE Ratio 12.10 Exchange NGS
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 35 35 35 35
Low Target Price Estimate 33 33 33 33
Mean Target Price Estimate 34 34 34 34
Standard Deviation 1.41 1.41 1.41 1.41
Date of Most Recent Estimate 04/26/18 04/26/18 04/26/18 04/26/18
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 0
Moderate Buy 1 1 0 0
Hold 2 2 3 3
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.67 2.67 3 3