TowneBank expected to post earnings of 71cents a share - Earnings Preview

TowneBank

23/01/2023 13:32

* TowneBank  TOWN.OQ   TOWN.O  is expected to show a rise in
quarterly revenue when it reports  results on January 25
(estimated). 
    * The Portsmouth Virginia-based  company is expected to
report  a
12.1% increase in revenue to $179.8 million from $160.42 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 71 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 $30.43. ​​​

This summary was machine generated January 23 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated