What is the debt of TowneBank this year?
TowneBank has a debt level of 318.02 USD this year.
TowneBank Debt 2024
TowneBank Debt
318.02 USD
Ticker
TOWN
ISIN
US89214P1093
WKN
A0CA4B
In 2024, TowneBank's total debt was 318.02 USD, a 0.32% change from the 317 USD total debt recorded in the previous year.
TowneBank Aktienanalyse
What does TowneBank do?
Towne Bank is an American bank based in Virginia Beach, Virginia. The company was founded in 1998 and has since expanded its reach. With over 40 locations in Virginia and North Carolina, Towne Bank has established itself as one of the leading community banks in the region. Towne Bank's business model is based on offering comprehensive financial services to both individuals and businesses. The bank focuses on personal advice and direct contact with its customers. While many banks today rely heavily on technology and automated processes, Towne Bank prioritizes individual customer care. The range of services offered by Towne Bank includes traditional banking products such as accounts, loans, and savings, as well as a variety of securities and insurance offerings. In addition to these financial services, the bank also provides advisory services in wealth management, taxes, and estate planning. Towne Bank is divided into different business areas, each offering specific services. One of these areas is retail banking, which focuses on serving individual customers. This includes account opening and management, lending, as well as advisory services on topics such as retirement planning. Retail banking also offers a wide range of financial and insurance products, such as credit cards, mortgages, car loans, and life insurance. In addition to retail banking, Towne Bank also operates commercial banking, which specializes in serving businesses and corporate clients. In addition to traditional banking services, commercial banking offers tailored solutions for financing investments, managing liquidity and risk, and cash management. It also provides specialized offerings for industries such as healthcare, construction and real estate, and retail. Another business area of Towne Bank is wealth management, which caters to affluent clients in all aspects of wealth management. This includes asset management, investment advisory, tax and estate planning, as well as advice on topics such as foundations, trusts, and philanthropic activities. In addition to these core areas, Towne Bank also operates a number of service companies focused on specialized services such as payment processing and risk management. This allows the bank's customers to benefit from a wide range of service and support offerings. Overall, Towne Bank is characterized by a high customer orientation, a comprehensive product range, and personal care. These factors have contributed to the company's steady growth since its founding and its position as one of the leading financial service providers in the southeastern United States. TowneBank ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding TowneBank's Debt Structure
TowneBank's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing TowneBank's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to TowneBank’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in TowneBank’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about TowneBank stock
What was the debt of TowneBank compared to the previous year?
The debt of TowneBank has increased by 0.32% compared to the previous year increased.
What are the consequences of high debt for investors in TowneBank?
High debt can pose a risk for investors of TowneBank, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of TowneBank?
Low debt means that TowneBank has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from TowneBank affect the company?
An increase in debt of TowneBank can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of TowneBank affect the company?
A reduction in debt of TowneBank can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of TowneBank?
Some factors that can influence the debt of TowneBank include investments, acquisitions, operating costs, and revenue development.
Why are the debts of TowneBank so important for investors?
The debts of TowneBank are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can TowneBank take to change the debt?
To change the debt, TowneBank can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does TowneBank pay?
Over the past 12 months, TowneBank paid a dividend of 0.98 USD . This corresponds to a dividend yield of about 2.99 %. For the coming 12 months, TowneBank is expected to pay a dividend of 1.05 USD.
What is the dividend yield of TowneBank?
The current dividend yield of TowneBank is 2.99 %.
When does TowneBank pay dividends?
TowneBank pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of TowneBank?
TowneBank paid dividends every year for the past 23 years.
What is the dividend of TowneBank?
For the upcoming 12 months, dividends amounting to 1.05 USD are expected. This corresponds to a dividend yield of 3.19 %.
In which sector is TowneBank located?
TowneBank is assigned to the 'Finance' sector.
Wann musste ich die Aktien von TowneBank kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TowneBank from 7/12/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did TowneBank pay the last dividend?
The last dividend was paid out on 7/12/2024.
What was the dividend of TowneBank in the year 2023?
In the year 2023, TowneBank distributed 0.89 USD as dividends.
In which currency does TowneBank pay out the dividend?
The dividends of TowneBank are distributed in USD.
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Andere Kennzahlen von TowneBank
Our stock analysis for TowneBank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TowneBank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
