TowneBank Enhances North Carolina Presence Through Agreement To Acquire blueharbor bank
SUFFOLK, Va. and MOORESVILLE, N.C.
TOWN - TowneBank
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CONSENSUS:
Hold
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Dividend Champion, Contender, And Challenger Highlights: Week October 4
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
TowneBank Announces Quarterly Cash Dividend
SUFFOLK, Va., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-quarter shareholder cash dividend of $0.28 per common share payable on October 9, 2026, to shareholders of record on September 25, 2026.
TowneBank Reports Second Quarter 2026 Earnings
SUFFOLK, Va. , July 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2026 of $193. 19 million, or $2. 09 per diluted share, compared to $40. 89 million, or $0.
TowneBank Reports Second Quarter 2026 Earnings
SUFFOLK, Va., July 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2026 of $193.19 million, or $2.09 per diluted share, compared to $40.89 million, or $0.54 per diluted share, for the quarter ended June 30, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $72.01 million, or $0.78 per diluted share, in the current quarter compared to $63.39 million, or $0.84 per diluted share, for the quarter ended June 30, 2025.
Analysts Estimate TowneBank (TOWN) to Report a Decline in Earnings: What to Look Out for
TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TRUGOLF LINKS CHICAGOLAND REGIONAL DEVELOPER SIGNS LEASE FOR ROMEO TOWN CENTER
Flagship Location Coming to Romeoville Featuring “Eatertainment” Experience CENTERVILLE, UTAH, July 09, 2026 (GLOBE NEWSWIRE) -- TruGolf Links today announced a lease signed by Chicagoland Regional Developer, Sharif Ali, for 415 North Weber Road in Romeoville, Illinois, a southwest suburb of Chicago. The 5,000 SF flagship facility will include TruGolf's premium simulator bays and an upscale restaurant and full bar with plans to open this Fall.
William A. Gwaltney, Jr. and John O. Wynne, Jr. Join the TowneBank Corporate Board of Directors
SUFFOLK, Va., June 30, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of William A.
NEUGEBAUER PROPOSES HISTORIC TOWN HALL WEBINAR WITH FERMI CO-FOUNDERS GOVERNOR RICK PERRY AND SON GRIFFIN PERRY ON JUNE 30--SO SHAREHOLDERS CAN HEAR FIRST-HAND EACH PARTY'S VIEWS ON THE PAST, PRESENT, AND FUTURE OF THE COMPANY
Neugebauer Calls for Leading Analysts, Journalists, and Industry Experts Regularly Covering Fermi Who Know It Best Ask the Tough Questions — So Shareholders Have All the Facts Before Voting DALLAS, June 25, 2026 /PRNewswire/ -- Toby Neugebauer, co-founder and largest individual shareholder of Fermi America, Inc. (Nasdaq: FRMI), today proposed a historic town hall webinar for Tuesday, June 30th — inviting Governor Rick Perry and his son Griffin Perry to join him before shareholders vote, so that investors can hear first-hand each party's views on the past, present, and future of Fermi. Neugebauer is proposing that the leading analysts, journalists, and industry experts who regularly cover Fermi ask the tough questions — so that investors have all the facts.
TowneBank Announces Quarterly Cash Dividend
SUFFOLK, Va., May 20, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its second-quarter shareholder cash dividend of $0.28 per common share payable on July 10, 2026, to shareholders of record on June 26, 2026.
Patriot Financial Partners Makes Major TowneBank Investment
This regional bank delivers retail and commercial financial services across Virginia and North Carolina, with a diversified business model.
Q1 Justifies Wait-And-See Approach For TowneBank
TowneBank reported Q1 2026 results below expectations, with adjusted EPS of $0.74 and revenue of $246.5M, missing consensus estimates. I maintain a Hold rating on TOWN, as its attractive geographic footprint and growth via acquisitions are largely reflected in its current valuation. Recent M&A, including Dogwood State Bank, drove asset and deposit growth but increased integration risks and pressured tangible book value and asset quality metrics.
TowneBank (TOWN) Meets Q1 Earnings Estimates
TowneBank (TOWN) came out with quarterly earnings of $0.74 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.68 per share a year ago.
TowneBank Reports First Quarter 2026 Earnings
SUFFOLK, Va., April 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2026 of $40.99 million, or $0.45 per diluted share, compared to $43.71 million, or $0.58 per diluted share, for the quarter ended March 31, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $66.73 million, or $0.74 per diluted share, in the current quarter compared to $44.10 million, or $0.58 per diluted share, for the quarter ended March 31, 2025.
Deprince Race & Zollo Inc. Acquires 34,133 Shares of Towne Bank $TOWN
Deprince Race and Zollo Inc. boosted its holdings in shares of Towne Bank (NASDAQ: TOWN) by 24.2% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,430 shares of the bank's stock after purchasing an additional 34,133 shares during
TowneBank Announces Sale of Resort Property Management Segment
SUFFOLK, Va., April 06, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) today announced it has completed a transaction to sell its Resort Property Management segment, Towne Vacations, to Belcrest Vacations Acquisitions, LLC for a transaction value of $250 million.
Citigroup Inc. Has $2.56 Million Stock Holdings in Towne Bank $TOWN
Citigroup Inc. decreased its holdings in shares of Towne Bank (NASDAQ: TOWN) by 25.4% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,904 shares of the bank's stock after selling 25,130 shares during the period. Citigroup Inc.
Thomasville Bancshares (OTCMKTS:THVB) & Towne Bank (NASDAQ:TOWN) Critical Comparison
Thomasville Bancshares (OTCMKTS:THVB - Get Free Report) and Towne Bank (NASDAQ: TOWN - Get Free Report) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends. Risk and Volatility Thomasville Bancshares has a beta
TowneBank Announces Quarterly Cash Dividend
SUFFOLK, Va., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its first-quarter shareholder cash dividend of $0.27 per common share payable on April 10, 2026, to shareholders of record on March 31, 2026.
Richard Cullen Joins the TowneBank Corporate Board of Directors
SUFFOLK, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of Richard Cullen to its Board of Directors.