TowneBank  

(Public, NASDAQ:TOWN)   Watch this stock  
Find more results for TOWN
14.66
+0.24 (1.66%)
Aug 29 - Close
NASDAQ real-time data - Disclaimer
Currency in USD
Range 14.40 - 14.74
52 week 13.66 - 16.70
Open 14.45
Vol / Avg. 57,627.00/46,070.00
Mkt cap 440.09M
P/E 12.73
Div/yield 0.11/3.00
EPS 1.15
Shares 34.75M
Beta 0.92
Inst. own 19%
Oct 23, 2014
Q3 2014 Towne Bank Earnings Release (Estimated) - 4:00PM EDT - Add to calendar
Jul 23, 2014
Q2 2014 Towne Bank Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q1 (Mar '14) 2013
Net profit margin 20.04% 18.88%
Operating margin 28.50% 26.18%
EBITD margin - 31.18%
Return on average assets - 0.97%
Return on average equity - 8.17%
Employees 1,351 -
CDP Score - -

Address

5716 High Street
PORTSMOUTH, VA 23703
United States - Map
+1-757-6387500 (Phone)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

TowneBank is a Virginia-chartered bank. The Company offers retail and commercial banking services to the Greater Hampton Roads region in Southeastern Virginia. The Company is focused on serving the financial needs of individuals and small- and, medium-size businesses. It offers a range of financial services through its banking and non-banking subsidiaries. The Company operates in three segments: Banking, Realty, and Insurance. The Company has two controlled divisions: Towne Investment Group, which provides investment and asset management services, and TowneBank Mortgage, which originates mortgage loans and sells them to investors on the national secondary market. On December 3, 2010, the Company completed the acquisition of the six banking offices of The Bank of Currituck. TowneBank announced that Stanton Taylor Agency, Inc., insurance agency will affiliate with Towne Insurance Agency, a wholly owned subsidiary of TowneBank.

Officers and directors

J. Morgan Davis President, Chief Banking Officer, Director
Age: 54
Bio & Compensation  - Reuters
G Robert Aston Jr. Chairman of the Board, Chief Executive Officer
Age: 59
Bio & Compensation  - Reuters
Clyde E. McFarland Jr. Chief Financial Officer, Senior Executive Vice President
Bio & Compensation  - Reuters
Jacqueline B. Amato Chairman and Chief Executive Officer of TowneBank Mortgage, Director
Age: 55
Bio & Compensation  - Reuters
Anne C.H Conner President - TowneBank, Williamsburg, Director
Bio & Compensation  - Reuters
William I. Foster III President, TowneBank of Virginia Beach, Director
Bio & Compensation  - Reuters
Gerald L. Passaro President - Real Estate Finance Group, Director
Age: 56
Bio & Compensation  - Reuters
Paul Ward Robinett Jr. President - TowneBank, Portsmouth, Director
Bio & Compensation  - Reuters
William D. Sessoms Jr. President and Chief Executive Officer - Towne Financial Services , Director
Bio & Compensation  - Reuters
J. G. Carter President of TowneBank Mortgage
Bio & Compensation  - Reuters