Logo

TOWN

TowneBank

TOWN

TowneBank • NASDAQ
$33.55 ▼ -0.33% (-0.11)
Market Cap $2.53 B
52w High $38.28
52w Low $29.43
Dividend Yield 1.04%
P/E 15.04
Volume 143.06K
Outstanding Shares 75.46M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $287.057M ▲ $153.738M ▲ $38.977M ▲ 13.578% ▼ $0.51 ▼ $56.993M ▼
Q2-2025 $277.862M ▲ $150.665M ▲ $38.837M ▼ 13.977% ▼ $0.52 ▼ $60.046M ▼
Q1-2025 $261.181M ▲ $130.536M ▲ $50.592M ▲ 19.37% ▲ $0.67 ▲ $67.714M ▲
Q4-2024 $253.912M ▼ $126.198M ▼ $41.265M ▼ 16.252% ▼ $0.55 ▼ $56.765M ▼
Q3-2024 $258.858M $126.9M $42.949M 16.592% $0.57 $57.434M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.34B ▲ $19.683B ▲ $17.277B ▲ $2.398B ▲
Q2-2025 $1.178B ▼ $18.265B ▲ $16.026B ▲ $2.231B ▲
Q1-2025 $1.333B ▼ $17.512B ▲ $15.295B ▲ $2.201B ▲
Q4-2024 $1.402B ▼ $17.247B ▲ $15.091B ▲ $2.139B ▼
Q3-2024 $3.659B $17.188B $15.025B $2.146B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $39.269M ▼ $-30.638M ▼ $-234.8M ▲ $59.796M ▼ $-205.642M ▼ $-42.499M ▼
Q1-2025 $50.887M ▲ $121.883M ▲ $-283.2M ▼ $139.172M ▲ $-22.145M ▼ $110.64M ▲
Q4-2024 $41.265M ▼ $98.224M ▲ $-119.29M ▼ $64.477M ▼ $43.411M ▲ $89.162M ▲
Q3-2024 $42.949M ▲ $-23.593M ▼ $-48.79M ▼ $67.001M ▼ $-5.382M ▼ $-56.302M ▼
Q2-2024 $42.856M $25.158M $43.421M $131.757M $200.336M $20.068M

Five-Year Company Overview

Income Statement

Income Statement TowneBank’s income statement shows a steadily growing bank that has moved past the low‑rate, pandemic-era environment and is now expanding at a measured pace. Revenue has climbed consistently over the last few years, which suggests healthy loan and fee growth. Profitability remains solid, though not at the peak levels seen a few years ago; margins have tightened somewhat as funding costs and competitive pressures in regional banking have risen. Earnings per share have held up reasonably well, indicating the bank is managing through a tougher rate environment without a dramatic hit to its bottom line. Overall, the story is one of stable, relationship-driven growth with some pressure on profitability that is typical for regional banks in a more volatile interest-rate cycle.

Balance Sheet

Balance Sheet TowneBank’s balance sheet looks conservative and steadily expanding. Total assets have grown over time, showing a larger franchise and broader reach. Cash levels move around from year to year, which is normal for a bank managing liquidity in changing markets, but the overall liquidity position appears sound rather than stretched. Debt is relatively modest compared with the size of the bank, and it has not been growing in a worrying way. Shareholders’ equity has risen steadily, which points to retained earnings and a stronger capital base. In plain terms, TowneBank appears to be run with a focus on balance sheet strength and resilience rather than aggressive leverage.

Cash Flow

Cash Flow Cash generation has been consistently positive, but with some ups and downs. Operating cash flow was particularly strong a few years ago and has since settled back to more typical levels, reflecting shifts in loans, deposits, and the rate environment. Free cash flow remains comfortably positive even after routine investment in the business, which suggests the bank has room to support growth initiatives, technology spending, and shareholder returns without stretching itself. Capital spending is relatively small and predictable, pointing to disciplined, incremental investment rather than large, risky bets. Taken together, the cash profile supports the view of a cautious, well-managed regional bank.

Competitive Edge

Competitive Edge TowneBank’s edge lies far more in relationships than in size. It competes in the regional and community banking space with a model built on local decision‑making, experienced bankers, and deep community involvement. This “high‑touch” approach gives it strong customer loyalty and makes it harder for larger, more distant banks to displace it, especially among local businesses and professionals. The integrated “family of services” – banking, wealth management, insurance, mortgage, and real estate – creates multiple ties with each client and can make relationships very sticky. The trade‑off is that TowneBank is not the lowest‑cost, scale-driven operator, so it must keep executing well on service and culture to maintain its moat against both big national banks and digital‑only challengers.

Innovation and R&D

Innovation and R&D TowneBank follows a “digital evolution” strategy: it does not chase every new technology trend, but selectively adopts tools that strengthen its relationship banking model. Its modernization of loan systems and strong digital banking platform help staff work more efficiently and give customers modern, convenient services. Advanced treasury and cash‑management offerings are a key differentiator for business clients, combining fraud protection, payment tools, and receivables solutions. Rather than building flashy, standalone apps, the bank focuses on integrating technology into its broader service model, especially as it absorbs recent acquisitions. The innovation risk is that it could move too slowly versus more aggressive fintech and regional competitors, but its measured approach reduces the chance of costly missteps and keeps technology aligned with its high‑touch brand.

Summary

TowneBank presents as a steady, relationship‑focused regional bank with growing revenue, solid (though not peak) profitability, and a conservative balance sheet. Its strength is a well-defined culture of local decision‑making, community integration, and a broad suite of financial services that deepen client relationships. Cash generation is healthy, supporting ongoing investment in technology and integration of recent deals. The main uncertainties center on the broader banking environment: interest-rate swings, credit quality in a slowing economy, and growing competition from larger banks and digital players. Overall, this is a bank that appears to prioritize long‑term franchise strength and disciplined growth over rapid, high‑risk expansion.

NEWS

November 26, 2025 · 12:00 PM UTC

TowneBank Announces Quarterly Cash Dividend

Read more

September 2, 2025 · 4:32 PM UTC

TowneBank Announces Completion of Old Point Financial Corporation Merger

Read more