What is the current TowneBank market capitalization?
The current market capitalization of TowneBank is 2.42 B USD.
TowneBank Market capitalization 2024
TowneBank Market capitalization
2.42 B USD
Ticker
TOWN
ISIN
US89214P1093
WKN
A0CA4B
In 2024, TowneBank's market cap stood at 2.42 B USD, a 42.63% increase from the 1.7 B USD market cap in the previous year.
The TowneBank Market capitalization history
| YEAR | Market Capitalization (undefined USD) |
|---|---|
| 2023 | 1.93 |
| 2022 | 2.17 |
| 2021 | 2.17 |
| 2020 | 1.47 |
| 2019 | 1.95 |
| 2018 | 2.16 |
| 2017 | 1.99 |
| 2016 | 1.3 |
| 2015 | 0.91 |
| 2014 | 0.53 |
| 2013 | 0.49 |
| 2012 | 0.43 |
| 2011 | 0.4 |
| 2010 | 0.43 |
| 2009 | 0.4 |
| 2008 | 0.49 |
| 2007 | 0.49 |
| 2006 | 0.54 |
| 2005 | 0.55 |
| 2004 | 0.49 |
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.Market capitalization Details
Exploring TowneBank's Market Capitalization
TowneBank's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of TowneBank's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
TowneBank's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in TowneBank’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about TowneBank stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like TowneBank.
How has the market capitalization of TowneBank developed in recent years?
The market capitalization of TowneBank has increased/decreased by 42.63% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of TowneBank?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of TowneBank?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of TowneBank have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does TowneBank pay?
Over the past 12 months, TowneBank paid a dividend of . This corresponds to a dividend yield of about . 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 .
When does TowneBank pay dividends?
TowneBank pays a quarterly dividend. This is distributed in the months of January, April, July, October.
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 3.23 %.
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 10/11/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.
When did TowneBank pay the last dividend?
The last dividend was paid out on 10/11/2024.
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.
