close

TowneBank, through its subsidiaries, provides retail and commercial banking products and services in the Greater Hampton Roads region in southeastern Virginia. It serves the financial needs of small and medium size businesses, professionals, and individuals. The company operates in three segments: Banking, Realty, and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. Its deposits products include demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. This segment also offers personal loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; commercial loans comprising secured and unsecured loans for working capital, business expansion, and equipment and machinery purchases; and fixed- and floating-rate mortgage loans, as well as real estate construction and acquisition loans. The Realty segment provides residential real estate services, which comprise real estate sales, relocation, property management, title insurance, and related settlement services; insurance products; treasury services; merchant services; employee benefits plan; and investment and asset management services. The Insurance segment provides commercial and retail insurance and employee benefit services. Its products include life, property, casualty, and vehicle insurance. The company was founded in 1998 and is headquartered in Portsmouth, Virginia.

(login to add this stock to your watchlist or favorites)

Key Statistics

Closing Price	13.29
Volume	17003
Volume Avg	62110
52 Week High	15.84
52 Week Low	10.50
PE	17.13
PE (group average)	27
EPS Year	0.79
EPS change Q/Q	10.53%
EPS change Q/Q Yr ago	0%
EPS change Q/Q next Q est	-100%
EPS change Y/Y	-1.35%
REV change Q/Q	4.2%
REV change Q/Q Yr ago	4.2%
EPS next Q est	0.00
EPS next Y est	0.00
Divident Annual	0.32
Dividend Yield	2.41%