Towne Bank TOWN
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $36.59
- Day Range
- $36.61–36.85
- 52-Week Range
- $31.93–39.02
- Bid/Ask
- $36.67 / $36.78
- Shares Outstanding
- 91.33M
- Market Cap
- $3.35B
- Volume/Avg
- 57,712 / 530,913
Key Statistics
- Price/Earnings (Normalized)
- 8.71
- Price/Sales
- 2.78
- Dividend Yield (Trailing)
- 3.01%
- Dividend Yield (Forward)
- 3.01%
- Dividend Payment Schedule
- Jan, Apr, Jul, Oct
- Total Yield
- 3.02%
Company Profile
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 1,957
- Website
- https://www.townebank.com
Valuation
Metric | TOWN |
|---|---|
Price/Earnings (Normalized) | 8.71 |
Price/Book Value | 1.12 |
Price/Sales | 2.78 |
Price/Cash Flow | 11.57 |
Price/Earnings
TOWN
Financial Strength
Metric | TOWN |
|---|---|
Quick Ratio | — |
Current Ratio | — |
Interest Coverage | — |
Quick Ratio
No chart available
Profitability
Metric | TOWN |
|---|---|
Return on Assets (Normalized) | 2.01% |
Return on Equity (Normalized) | 15.75% |
Return on Invested Capital (Normalized) | — |
Return on Assets
TOWN
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