TowneBank is a banks-regional business based in the US. TowneBank shares (TOWN) are listed on the NASDAQ and all prices are listed in US Dollars. TowneBank employs 2,471 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in TowneBank
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – TOWN – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
TowneBank stock price (NASDAQ: TOWN)Use our graph to track the performance of TOWN stocks over time.
TowneBank shares at a glance
|Latest market close||$31.66|
|52-week range||$14.89 - $33.03|
|50-day moving average||$30.44|
|200-day moving average||$29.84|
|Wall St. target price||$34.00|
|Dividend yield||$0.72 (2.39%)|
|Earnings per share (TTM)||$2.60|
Buy TowneBank shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy TowneBank stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
TowneBank price performance over time
|1 week (2021-07-21)||N/A|
|1 month (2021-07-01)||2.86%|
|3 months (2021-04-30)||2.19%|
|6 months (2021-01-28)||N/A|
|1 year (2020-07-28)||N/A|
|2 years (2019-07-28)||N/A|
|3 years (2018-07-28)||N/A|
|5 years (2016-07-28)||N/A|
Is TowneBank under- or over-valued?
Valuing TowneBank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TowneBank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
TowneBank's P/E ratio
TowneBank's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, TowneBank shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$653 million|
|Operating margin TTM||41.06%|
|Gross profit TTM||$597.2 million|
|Return on assets TTM||1.55%|
|Return on equity TTM||12.32%|
|Market capitalisation||$2.2 billion|
TTM: trailing 12 months
Shorting TowneBank shares
There are currently 655,938 TowneBank shares held short by investors – that's known as TowneBank's "short interest". This figure is 27.5% up from 514,590 last month.
There are a few different ways that this level of interest in shorting TowneBank shares can be evaluated.
TowneBank's "short interest ratio" (SIR)
TowneBank's "short interest ratio" (SIR) is the quantity of TowneBank shares currently shorted divided by the average quantity of TowneBank shares traded daily (recently around 179218.03278689). TowneBank's SIR currently stands at 3.66. In other words for every 100,000 TowneBank shares traded daily on the market, roughly 3660 shares are currently held short.
However TowneBank's short interest can also be evaluated against the total number of TowneBank shares, or, against the total number of tradable TowneBank shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TowneBank's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 TowneBank shares in existence, roughly 10 shares are currently held short) or 0.01% of the tradable shares (for every 100,000 tradable TowneBank shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TowneBank.
Find out more about how you can short TowneBank stock.
TowneBank share dividends
Dividend payout ratio: 35.47% of net profits
Recently TowneBank has paid out, on average, around 35.47% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.66% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TowneBank shareholders could enjoy a 2.66% return on their shares, in the form of dividend payments. In TowneBank's case, that would currently equate to about $0.72 per share.
While TowneBank's payout ratio might seem fairly standard, it's worth remembering that TowneBank may be investing much of the rest of its net profits in future growth.
TowneBank's most recent dividend payout was on 8 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 June 2021 (the "ex-dividend date").
Have TowneBank's shares ever split?
TowneBank's shares were split on a 103:100 basis on 22 May 2012. So if you had owned 100 shares the day before before the split, the next day you'd have owned 103 shares. This wouldn't directly have changed the overall worth of your TowneBank shares – just the quantity. However, indirectly, the new 2.9% lower share price could have impacted the market appetite for TowneBank shares which in turn could have impacted TowneBank's share price.
TowneBank share price volatility
Over the last 12 months, TowneBank's shares have ranged in value from as little as $14.8939 up to $33.0331. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while TowneBank's is 1.1654. This would suggest that TowneBank's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
TowneBank provides retail and commercial banking services for individuals, professionals, and commercial enterprises. The company operates in three segments: Banking, Realty, and Insurance. It accepts various deposits products, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options, such as alternative investments, annuities, margin accounts, convertible bonds, and pension and profit sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans.
Stocks similar to TowneBank
TowneBank in the news
TowneBank Names Brad E. Schwartz President and Chief Operating Officer
TowneBank Names Brad E. Schwartz President and Chief Operating Officer
TowneBank appoints Brad Schwartz as president, COO
Frequently asked questionsWhat percentage of TowneBank is owned by insiders or institutions?
Currently 3.027% of TowneBank shares are held by insiders and 51.959% by institutions. How many people work for TowneBank?
Latest data suggests 2,471 work at TowneBank. When does the fiscal year end for TowneBank?
TowneBank's fiscal year ends in December. Where is TowneBank based?
TowneBank's address is: 5716 High Street, Portsmouth, VA, United States, 23703 What is TowneBank's ISIN number?
TowneBank's international securities identification number is: US89214P1093 What is TowneBank's CUSIP number?
TowneBank's Committee on Uniform Securities Identification Procedures number is: 89214P109
More guides on Finder
How to buy Argus Capital Corp (ARGU) stock when it goes public
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
How to buy RenovoRx (RNXT) stock when it goes public
Everything we know about the RenovoRx IPO, plus information on how to buy in.
How to buy Draganfly (DPRO) stock when it goes public
Everything we know about the Draganfly IPO, plus information on how to buy in.
How to buy Society Pass Incorporated (SOPA) stock when it goes public
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
How to buy Guardforce AI Co (GFAI) stock when it goes public
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
How to buy IsoPlexis Corporation (ISO) stock when it goes public
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
How to buy Marpai (MRAI) stock when it goes public
Everything we know about the Marpai IPO, plus information on how to buy in.
How to buy DoubleDown Interactive (DDI) stock when it goes public
Everything we know about the DoubleDown Interactive IPO, plus information on how to buy in.
How to buy Omniq Corp (OMQS) stock when it goes public
Everything we know about the Omniq Corp IPO, plus information on how to buy in.
How to buy Mechanical Technology (MKTYP) stock when it goes public
Everything we know about the Mechanical Technology IPO, plus information on how to buy in.
Ask an Expert