More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
Market cap
$2.77B
EPS
1.99
P/E ratio
18.6
Price to sales
3.12
Dividend yield
3.019%
Beta
0.684632
Previous close
$37.16
Today's open
$37.39
Day's range
$37 - $37.46
52 week range
$31.91 - $39.03
show more
CEO
William I. Foster
Employees
1470
Headquarters
Hampton, VA
Exchange
Nasdaq Global Select
Shares outstanding
74617330
Issue type
Common Stock
Finance
Banking
TowneBank Announces Quarterly Cash Dividend
SUFFOLK, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-quarter shareholder cash dividend of $0.28 per common share payable on October 9, 2026, to shareholders of record on September 25, 2026.
GlobeNewsWire • Aug 26, 2026

Greater Clarity For The Future Makes TowneBank More Interesting (Rating Upgrade)
TowneBank is upgraded to Buy, reflecting improved clarity post-acquisitions and a strong presence in attractive Southeastern markets. TOWN's Q2 2026 results show operational improvements: declining deposit costs, higher net interest margin (3.68%), and rising capital ratios. Valuation aligns with sector averages, but TOWN's above-average service area and diversified subsidiaries justify a premium; forward yield stands at 2.99%.
Seeking Alpha • Aug 9, 2026

TowneBank Reports Second Quarter 2026 Earnings
SUFFOLK, Va., July 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2026 of $193.19 million, or $2.09 per diluted share, compared to $40.89 million, or $0.54 per diluted share, for the quarter ended June 30, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $72.01 million, or $0.78 per diluted share, in the current quarter compared to $63.39 million, or $0.84 per diluted share, for the quarter ended June 30, 2025.
GlobeNewsWire • Jul 23, 2026

Analysts Estimate TowneBank (TOWN) to Report a Decline in Earnings: What to Look Out for
TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research • Jul 15, 2026

William A. Gwaltney, Jr. and John O. Wynne, Jr. Join the TowneBank Corporate Board of Directors
SUFFOLK, Va., June 30, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of William A.
GlobeNewsWire • Jun 30, 2026

JPMorgan, Caterpillar Among 11 Companies To Announce Dividend Increases In June
Caterpillar Inc. is expected to announce its 32nd consecutive annual dividend increase in June, projecting a 7.3–8.6% boost to $6.48–$6.56. CAT's Q1 2026 earnings rebounded with 30% EPS growth, supporting continued high single-digit dividend growth and a comfortable 32% payout ratio. JPMorgan and other large banks are also forecast to announce mid-to-high single-digit dividend increases, reflecting stable but moderating EPS growth.
Seeking Alpha • May 30, 2026

Q1 Justifies Wait-And-See Approach For TowneBank
TowneBank reported Q1 2026 results below expectations, with adjusted EPS of $0.74 and revenue of $246.5M, missing consensus estimates. I maintain a Hold rating on TOWN, as its attractive geographic footprint and growth via acquisitions are largely reflected in its current valuation. Recent M&A, including Dogwood State Bank, drove asset and deposit growth but increased integration risks and pressured tangible book value and asset quality metrics.
Seeking Alpha • Apr 23, 2026

TowneBank Reports First Quarter 2026 Earnings
SUFFOLK, Va., April 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2026 of $40.99 million, or $0.45 per diluted share, compared to $43.71 million, or $0.58 per diluted share, for the quarter ended March 31, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $66.73 million, or $0.74 per diluted share, in the current quarter compared to $44.10 million, or $0.58 per diluted share, for the quarter ended March 31, 2025.
GlobeNewsWire • Apr 22, 2026

TowneBank (TOWN) Meets Q1 Earnings Estimates
TowneBank (TOWN) came out with quarterly earnings of $0.74 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.68 per share a year ago.
Zacks Investment Research • Apr 23, 2026

TowneBank Announces Sale of Resort Property Management Segment
SUFFOLK, Va., April 06, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) today announced it has completed a transaction to sell its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions, LLC for a transaction value of $250 million.
GlobeNewsWire • Apr 6, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Towne Bank commission-free¹. Build wealth for the long term using automated trading and transfers.