The business model of Towne Bank revolves around providing a wide range of financial services to individuals, businesses, and organizations. As a community bank, Towne Bank aims to build strong relationships with its customers and help them achieve their financial goals. The bank offers various banking services such as checking accounts, savings accounts, loans, mortgages, credit cards, and wealth management solutions. Towne Bank focuses on meeting the needs of its local communities and fostering economic growth. With a commitment to personalized customer service and community development, Towne Bank strives to be a trusted financial partner for its customers.

Towne Bank is primarily active in the financial services industry. With its headquarters in Portsmouth, Virginia, Towne Bank provides a wide range of banking services to individuals, businesses, and professionals in the Hampton Roads region. The bank offers personal and business banking solutions, mortgage and home equity loans, investment services, and insurance products. Towne Bank also has a strong presence in commercial real estate lending and serves as a trusted financial partner for many local businesses. Additionally, the bank actively supports the communities it serves through various philanthropic efforts and community development initiatives.

The main competitors of Towne Bank in the market are Bank of America, Wells Fargo, and BB&T.

Towne Bank is a well-established financial institution with a rich history and impressive background. Founded in 1999, Towne Bank has been serving the community for over two decades. Headquartered in Portsmouth, Virginia, it has expanded its presence to serve individuals and businesses across Virginia and North Carolina. With a strong commitment to customer satisfaction and community involvement, Towne Bank offers a wide range of banking services, including personal and commercial banking, mortgages, loans, and wealth management. The bank's emphasis on personalized service and innovative solutions has earned it a solid reputation in the financial industry. Towne Bank continues to grow and thrive while maintaining its dedication to its customers and communities it serves.

Towne Bank, a renowned financial institution, has achieved several significant milestones throughout its history. The company has successfully expanded its footprint, opening numerous branches and offices to serve a wider customer base. Towne Bank's acquisition strategy has greatly contributed to its growth, allowing it to enhance its product portfolio and geographical reach. In addition, the bank has consistently delivered strong financial performance, achieving increased revenues and profits. Towne Bank's commitment to exceptional customer service and community involvement has earned it a solid reputation in the industry. Furthermore, the company's dedication to innovation and technological advancements has positioned it as a leader in the ever-evolving financial landscape.

Towne Bank is primarily present in the United States, specifically in the states of Virginia and North Carolina.

Towne Bank represents values of integrity, loyalty, and exceptional customer service. With a commitment to building lasting relationships, Towne Bank embraces a strong corporate philosophy centered around trust, community involvement, and personalized financial solutions. As a leading financial institution, Towne Bank strives to prioritize the needs of its customers, providing a diverse range of innovative banking, mortgage, and investment services. Towne Bank's corporate philosophy embodies a dedication to maintaining strong ethical standards and fostering a culture of teamwork, professionalism, and respect. By embodying these values, Towne Bank consistently delivers excellence in financial services to its clients and contributes to the overall success of the communities it serves.

Analysts currently set an average price target of 41.82 USD for the TowneBank stock (median: 41.82 USD), implying +10.9 % versus the latest price. The consensus is based on 10 analyst ratings.

TowneBank Analyst Price Targets 2026

10 analysts currently rate the TowneBank stock: 8 recommend buying, 2 holding and 0 selling. For 2026, analysts expect TowneBank to generate revenue of 993.69 M USD and earnings per share of 3.68 USD.

TowneBank Analyst Price Targets 2026

Converted at the current exchange rate, the TowneBank share trades at 33.12 EUR (37.69 USD).

The TowneBank share (TOWN) is listed on 2 stock exchanges, including: NASDAQ (TOWN), Frankfurt (3T8.F).

Towne Bank is a US bank based in Suffolk, Virginia, that has been in operation since 1999 and offers a wide range of financial services. The company consists of several divisions, including banking, insurance, and investment services. The banking division offers various products and services, including checking accounts, savings accounts, credit cards, loans, mortgages, and online banking services. Towne Bank strives to meet the needs of its customers and also offers specialized accounts, such as business accounts, real estate accounts, and student accounts. The company's insurance division offers comprehensive insurance products, including life, auto, liability, accident, and health insurance. Towne Bank's employees work with various insurance companies to provide their customers with the best coverage. Towne Bank's investment services include brokerage services, investment funds, and retirement products. The bank employs experienced financial advisors who help their customers achieve their investment goals and plan for their financial future. While Towne Bank primarily caters to customers in Virginia, the company is committed to expanding its reach. It has branches in Virginia and North Carolina and plans to open additional branches to provide its customers with more accessible locations. Towne Bank has a strong commitment to the community and actively supports nonprofit organizations and local initiatives. The company has established its own charity organization, the TowneBank Foundation, to assist locally based communities. Overall, Towne Bank's business model is focused on providing its customers in Virginia and beyond with a wide range of financial services tailored to their needs and goals. The company relies on competent employees, a strong community connection, and a long-term vision to solidify its position as one of the leading financial institutions in the region.

The expected revenue of TowneBank is 993.69 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of TowneBank is 290.93 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of TowneBank is currently 10.25. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TowneBank stock.

The price-to-sales ratio (P/S) of TowneBank is currently 3.00. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TowneBank stock.

The Eulerpool Quality Score for TowneBank is 5/10.

The ISIN of TowneBank is US89214P1093. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of TowneBank is A0CA4B. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of TowneBank is TOWN. The ticker symbol is used to trade TowneBank shares on the stock exchange.

Over the past 12 months, TowneBank paid a dividend of 1.06 USD . This corresponds to a dividend yield of about 2.81 %. For the coming 12 months, TowneBank is expected to pay a dividend of 1.80 USD.

The current dividend yield of TowneBank is 2.81 %.

TowneBank pays a dividend, distributed in the months of , , , .

TowneBank paid dividends every year for the past 23 years.

For the upcoming 12 months, dividends amounting to 1.80 USD are expected. This corresponds to a dividend yield of 5.01 %.

TowneBank is assigned to the 'Finance' sector.

To receive the latest dividend of TowneBank from amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, TowneBank distributed 1 USD as dividends.

The dividends of TowneBank are distributed in USD.