Company Description
TowneBank operates banking offices serving Chesapeake, Chesterfield County, Glen Allen, Hampton, James City County, Mechanicsville, Newport News, Norfolk, Portsmouth, Richmond, Suffolk, Virginia Beach, Williamsburg, and York County in Virginia, along with Raleigh, Cary, Charlotte, Moyock, Grandy, Camden County, Southern Shores, Corolla and Nags Head in North Carolina. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations.
Financials, Fundamental Metrics & Ratios
| Revenue (Most Recent Fiscal Year) |
$941.58M |
| Net Income (Most Recent Fiscal Year) |
$153.71M |
| PE Ratio (Current Year Earnings Estimate) |
13.85 |
| PE Ratio (Trailing 12 Months) |
16.73 |
| PEG Ratio (Long Term Growth Estimate) |
-- |
| Price to Sales Ratio (Trailing 12 Months) |
2.57 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) |
1.19 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) |
12.30 |
| Pre-Tax Margin (Trailing 12 Months) |
17.31% |
| Net Margin (Trailing 12 Months) |
14.89% |
| Return on Equity (Trailing 12 Months) |
7.32% |
| Return on Assets (Trailing 12 Months) |
0.90% |
| Current Ratio (Most Recent Fiscal Quarter) |
0.88 |
| Quick Ratio (Most Recent Fiscal Quarter) |
0.86 |
| Debt to Common Equity (Most Recent Fiscal Quarter) |
0.00 |
| Inventory Turnover (Trailing 12 Months) |
1.65 |
| Book Value per Share (Most Recent Fiscal Quarter) |
$28.26 |
| Earnings per Share (Most Recent Fiscal Quarter) |
$0.58 |
| Earnings per Share (Most Recent Fiscal Year) |
$2.16 |
| Diluted Earnings per Share (Trailing 12 Months) |
$1.99 |