31-Jul-2026
TipRanks (Fri, 31-Jul 7:10 AM ET)
TowneBank Reports Second Quarter 2026 Earnings
Globe Newswire (Wed, 22-Jul 9:18 PM ET)
William A. Gwaltney, Jr. and John O. Wynne, Jr. Join the TowneBank Corporate Board of Directors
Globe Newswire (Tue, 30-Jun 11:00 AM ET)
TowneBank Announces Quarterly Cash Dividend
Globe Newswire (Wed, 20-May 2:00 PM ET)
TowneBank Issues $0.70 Special Dividend—Returning $65 Million from Landmark Sale to Shareholders
Market Chameleon (Thu, 23-Apr 4:49 AM ET)
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.
Towne Bank trades on the NASDAQ stock market under the symbol TOWN.
As of July 31, 2026, TOWN stock price declined to $37.91 with 604,207 million shares trading.
TOWN has a beta of 0.40, meaning it tends to be less sensitive to market movements. TOWN has a correlation of 0.05 to the broad based SPY ETF.
TOWN has a market cap of $3.46 billion. This is considered a Mid Cap stock.
Last quarter Towne Bank reported $444 million in Revenue and $.78 earnings per share. This beat revenue expectation by $109 million and met earnings estimates .
In the last 3 years, TOWN traded as high as $39.03 and as low as $21.63.
The top ETF exchange traded funds that TOWN belongs to (by Net Assets): VTI, IWM, VB, VBR, VXF.
TOWN has underperformed the market in the last year with a return of +13.3%, while SPY returned +19.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TOWN shares. However, TOWN has outperformed the market in the last 3 month and 2 week periods, returning +9.4% and +3.7%, while SPY returned +4.2% and +0.5%, respectively. This indicates TOWN has been having a stronger performance recently.
TOWN support price is $37.68 and resistance is $38.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TOWN shares will trade within this expected range on the day.