Towne Bank logo

TOWN - Towne Bank Share Price

$15.95 -1.0  -5.7%

Last Trade - 21/09/20

Sector
Financials
Size
Mid Cap
Market Cap £904.3m
Enterprise Value £1.07bn
Revenue £440.1m
Position in Universe 2231st / 6387
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -8.05%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -45.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
242.5 297.7 374.1 449.2 532.7 563.9 601 569.6 +18.4%
+3.1 +3.9 +16.3 +12.1 +24.4 -3.0 -9.62 -32.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2019, TowneBank interest income increased 11% to $467.8M. Net interest income after loan loss provision increased 5% to $349M. Net income before extraordinary items increased 3% to $138.8M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income was partially offset by Deposits increase of 62% to $86.3M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for TOWN
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
TOWN EPS Forecasts Unlock TOWN Revenue
Profile Summary

TowneBank is a community bank. The Bank offers personal banking services and business banking services. The Bank operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. The Realty segment provides residential real estate services, originations of a range of mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides property and casualty insurance, as well as employee and group benefits. The Bank provides checking accounts, cards, savings, money markets and certificate of deposits (CDs), mobile banking, financial management software, private banking and switch kit. The Bank also offers auto loans, home equity loans, construction loans, lot loans, recreational vehicles, mortgage loans, land acquisition loans, construction loans, development Loans, and personal loans and lines of credit.

Directors
Last Annual December 31st, 2019
Last Interim December 31st, 2019
Incorporated September 3, 1998
Public Since February 27, 2004
No. of Shareholders: n/a
No. of Employees: 2,410
Sector Financials
Industry Banking Services
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Shares in Issue 72,652,193
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TOWN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for TOWN
Upcoming Events for TOWN
Tuesday 29th September, 2020
Dividend For TOWN.OQ - 0.1800 USD
Thursday 22nd October, 2020 Estimate
Q3 2020 Towne Bank Earnings Release
Thursday 21st January, 2021 Estimate
Q4 2020 Towne Bank Earnings Release
Frequently Asked Questions for Towne Bank
What is the Towne Bank share price?

As of 21/09/20, shares in Towne Bank are trading at $15.95, giving the company a market capitalisation of £904.3m. This share price information is delayed by 15 minutes.

How has the Towne Bank share price performed this year?

Shares in Towne Bank are currently trading at $15.95 and the price has moved by -42.81% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Towne Bank price has moved by -48.46% over the past year.

What are the analyst and broker recommendations for Towne Bank?

Of the analysts with advisory recommendations for Towne Bank, there are there are currently 0 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Towne Bank is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Towne Bank next release its financial results?

Towne Bank is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2020-12-31
What is the Towne Bank dividend yield?

The Towne Bank dividend yield is 4.26% based on the trailing twelve month period.

Does Towne Bank pay a dividend?

Last year, Towne Bank paid a total dividend of 0.68, and it currently has a trailing dividend yield of 4.26%. Looking ahead, shares in Towne Bank are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-10-09.

When does Towne Bank next pay dividends?

Towne Bank are due to go ex-dividend on 2020-09-29 and the next dividend pay date is 2020-10-09. The historic dividend yield on Towne Bank shares is currently 4.26%.

How do I buy Towne Bank shares?

To buy shares in Towne Bank you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Towne Bank?

Shares in Towne Bank are currently trading at $15.95, giving the company a market capitalisation of £904.3m.

Where are Towne Bank shares listed? Where are Towne Bank shares listed?

Here are the trading details for Towne Bank:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: TOWN
What kind of share is Towne Bank?

Based on an overall assessment of its quality, value and momentum, Towne Bank is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Towne Bank share price forecast 2020?

Shares in Towne Bank are currently priced at $15.95. At that level they are trading at 27.46% discount to the analyst consensus target price of 0.00.

Analysts covering Towne Bank currently have a consensus Earnings Per Share (EPS) forecast of 1.738 for the next financial year.

How can I tell whether the Towne Bank share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Towne Bank. Over the past six months, the relative strength of its shares against the market has been -24.82%. At the current price of $15.95, shares in Towne Bank are trading at -24.58% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Towne Bank PE Ratio?

The Towne Bank PE ratio based on its reported earnings over the past 12 months is 8.29. The shares are currently trading at $15.95.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Towne Bank?

Towne Bank's management team is headed by:

Jacqueline Amato - DRC
Andrew Fine - DRC
Richard Morgan - DRC
G Aston - CHM
Thomas Broyles - VCH
J. Morgan Davis - PRE
Dawn Glynn - CEX
William Foster - CEX
Richard Bray - LED
William Littreal - CFO
William Morrison - CEX
Brad Schwartz - COO
W. Jeffrey Dyckman - CEX
Robert Hatley - DRC
Matthew Davis - CEX
Who are the major shareholders of Towne Bank?

Here are the top five shareholders of Towne Bank based on the size of their shareholding:

The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 8.63% (6.27m shares)
T. Rowe Price Associates, Inc. Investment Advisor
Percentage owned: 7.44% (5.40m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 6.04% (4.39m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 3.78% (2.74m shares)
T. Rowe Price Small Cap Value Fund Mutual Fund
Percentage owned: 3.3% (2.40m shares)
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