TowneBank(TOWN) Stock Research - Grey Stern Research

TowneBank (TOWN) Stock Analysis

$35.14 (-0.09%)

TOWN Financial Performance


Use the table below to view TowneBank's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q4 - 2024

Metric Value Ranking among Peers
Price $35.14 -
52 Week Low $25.70 -
52 Week High $38.28 -
Market Cap $2.6 Billion 1/20
Gross Margin 100% 1/20
Profit Margin 23% 6/20
EBITDA margin 0% 5/20
Q4 - 2024 Revenue $175.9 Million 1/20
Q4 - 2024 Earnings $41.3 Million 1/20
Q4 - 2024 Free Cash Flow $89.2 Million 1/20
Trailing 4 Quarters Revenue $945.4 Million 2/20
Trailing 4 Quarters Earnings $161.8 Million 1/20
Quarterly Earnings Growth 43% 4/20
Annual Earnings Growth -1% 11/20
Quarterly Revenue Growth -24% 12/20
Annual Revenue Growth 26% 12/20
Cash On Hand $1.3 Billion 1/20
Short Term Debt $0 9/20
Long Term Debt $263.2 Million 3/20

TowneBank Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare TowneBank's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 16.33 3/20
PS 2.79 6/20
PB 1.23 5/20
PC 1.97 16/20
Liabilities to Equity 7.05 11/20
ROA 0.01 5/20
ROE 0.08 11/20
Current Ratio 1.14 10/20
Quick Ratio 0.24 6/20
Long Term Debt to Equity 0.12 11/20
Debt to Equity 0.12 12/20
Burn Rate -43.58 18/20
Cash to Cap 0.51 4/20
CCR 2.16 6/20
EV to EBITDA -1.00 5/20
EV to Revenue -1.00 5/20

Company Details

TowneBank 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.

CEO: Mr. J. Morgan Davis

Website: https://www.townebank.com

Address: 5716 High Street Portsmouth, VIRGINIA

Exchange: NASDAQ Global Select

Industry: Banks—Regional

TowneBank Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to TowneBank. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Luther Burbank Corporation LBC $466.8 Million
Great Southern Bancorp, Inc. GSBC $671.1 Million
1st Source Corporation SRCE $1.5 Billion
Waterstone Financial, Inc. WSBF $263.5 Million
Westamerica Bancorporation WABC $1.4 Billion
Penns Woods Bancorp, Inc. PWOD $220.2 Million
Chemung Financial Corporation CHMG $226.6 Million
First Community Corporation FCCO $173.9 Million
SB Financial Group, Inc. SBFG $138.8 Million
Community West Bancshares CWBC $356.1 Million
FS Bancorp, Inc. FSBW $302.2 Million
Home Bancorp, Inc. HBCP $374.6 Million
Plumas Bancorp PLBC $257.0 Million
Union Bankshares, Inc. UNB $149.3 Million
Rhinebeck Bancorp, Inc. RBKB $109.8 Million
Affinity Bancshares, Inc. AFBI $113.6 Million
William Penn Bancorporation WMPN $101.6 Million
TC Bancshares, Inc. TCBC $63.7 Million
Finward Bancorp FNWD $126.0 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
TOWN Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 175.9 Million $41.3 Million
Q3 2024 $ 258.9 Million $42.9 Million
Q2 2024 $ 260.9 Million $42.9 Million
Q1 2024 $ 249.7 Million $34.7 Million
Q4 2023 $ 231.9 Million $28.8 Million
Q3 2023 $ 172.9 Million $44.9 Million
Q2 2023 $ 181.6 Million $41.7 Million
Q1 2023 $ 184.1 Million $38.3 Million

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TOWN Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $1.3 Billion $17.2 Billion $263.2 Million $2.2 Billion
Q3 2024 $0 $17.2 Billion $290.8 Million $2.2 Billion
Q2 2024 $1.2 Billion $17.1 Billion $295.2 Million $2.1 Billion
Q1 2024 $1.0 Billion $16.9 Billion $343.4 Million $2.1 Billion
Q4 2023 $1.0 Billion $16.8 Billion $492.6 Million $2.1 Billion
Q3 2023 $1.1 Billion $16.7 Billion $359.7 Million $2.0 Billion
Q2 2023 $1.5 Billion $17.2 Billion $1.0 Billion $2.0 Billion
Q1 2023 $1.1 Billion $16.7 Billion $759.6 Million $2.0 Billion

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TOWN Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q4 2024 $89.2 Million -$9.1 Million $43.4 Million
Q3 2024 -$56.3 Million -$32.7 Million -$5.4 Million
Q2 2024 $20.1 Million -$5.1 Million $200.3 Million
Q1 2024 $28.9 Million -$10.4 Million -$27.2 Million
Q4 2023 $6.8 Million $0 $6.8 Million
Q3 2023 $90.4 Million -$14.0 Million -$420.5 Million
Q2 2023 $24.2 Million -$10.3 Million $393.7 Million
Q1 2023 -$33.8 Million -$13.0 Million $89.7 Million

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