Towne Bank

35.91

-0.1200-0.33%

Volume:215.37K

Turnover:7.73M

Market Cap:3.32B

PE:9.84

High:36.21

Open:36.00

Low:35.68

Close:36.03

52wk High:39.03

52wk Low:31.91

Shares:92.44M

Float Shares:86.51M

Volume Ratio:0.42

T/O Rate:0.25%

Dividend:1.09

Dividend Rate:3.04%

EPS(TTM):3.65

EPS(LYR):2.22

ROE:12.22%

ROA:1.57%

PB:1.11

PE(LYR):16.18

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Overview Company News Filings

Analysts Offer Insights on Financial Companies: Zions Bancorporation National Association (ZION) and TowneBank (TOWN)

TIPRANKS

·

Apr 08

Press Release: TowneBank Announces Sale of Resort Property Management Segment

Dow Jones

·

Apr 06

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an...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-financial-companies-zions-bancorporation-national-association-zion-and-townebank-town-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-offer-insights-on-financial-companies-zions-bancorporation-national-association-zion-and-townebank-town-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["NHLD","TOWN","BK4588","BK4589","ZION","BK4211","BK4585"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625671351","title":"Press Release: TowneBank Announces Sale of Resort Property Management Segment","url":"https://stock-news.laohu8.com/highlight/detail?id=2625671351","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625671351?lang=en_us&edition=fundamental","pubTime":"2026-04-06 20:30","pubTimestamp":1775478600,"startTime":"0","endTime":"0","summary":"SUFFOLK, Va., April 06, 2026  -- TowneBank  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.\"The sale of Towne Vacations marks yet another opportunity for creating shareholder value through TowneBank's unique strategy of investing and building companies outside of traditional banking activities,\" said G. Robert Aston, Jr., Executive Chairman.\"The transaction is financially compelling and provides the business with a partner who is well positioned to support its future growth. I would like to personally thank the dedicated teams that worked hard to complete the deal,\" said William T. Morrison, President and CEO Towne Financial Services Group.\"As we look to the future, we will continue to seek new opportunities in the marketplace that have the potential to create intrinsic value for our shareholders,\" added William I. 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