TowneBank expected to post earnings of 67cents a share - Earnings Preview

TowneBank

24/10/2022 16:25

* TowneBank  TOWN.OQ   TOWN.O  is expected to show a rise in
quarterly revenue when it reports  results on October 26
(estimated). 
    * The Portsmouth Virginia-based  company is expected to
report  a
3.2% increase in revenue to $175.6 million from $170.08 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TowneBank is for
earnings
of 67 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TowneBank
is
$34​, above​ its last closing price of $29.61. ​​​

This summary was machine generated October 24 at 15:25 GMT.  All
figures in US dollars  unless otherwise stated