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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» TOWN's 10-Y Financials

Financials (Next Earnings Date: 0)


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q3 2015

TOWN Guru Trades in Q3 2015

Jim Simons 549,376 sh (+15.88%)
First Pacific Advisors 86,237 sh (unchged)
Michael Price 1,138,575 sh (-0.29%)
Robert Olstein 127,500 sh (-10.84%)
» More
Q4 2015

TOWN Guru Trades in Q4 2015

Jim Simons 653,576 sh (+18.97%)
Michael Price 1,138,575 sh (unchged)
First Pacific Advisors 86,237 sh (unchged)
Robert Olstein 92,000 sh (-27.84%)
» More
Q1 2016

TOWN Guru Trades in Q1 2016

Robert Olstein 99,200 sh (+7.83%)
Jim Simons 704,257 sh (+7.75%)
First Pacific Advisors Sold Out
Michael Price 500,000 sh (-56.09%)
» More
Q2 2016

TOWN Guru Trades in Q2 2016

Jim Simons 767,516 sh (+8.98%)
Robert Olstein 99,950 sh (+0.76%)
Michael Price 500,000 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with TOWN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Banks » Banks - Regional - US
Compare:NAS:OPB, NAS:BNCN, NAS:ABCB, NAS:UBSH, NAS:WSBC, NAS:WABC, NAS:BNCL, AMEX:TMP, NAS:BANF, NYSE:YDKN, NAS:FRME, NAS:HOPE, NYSE:FBP, NAS:SFBS, NAS:WSFS, NAS:BPFH, NAS:FFBC, NAS:CBF, NAS:RNST, NAS:INDB » details
Traded in other countries:3T8.Germany,
Towne Bank offers retail and commercial banking services to the Greater Hampton Roads region in south eastern Virginia and north eastern North Carolina. The Company operates in Banking, Realty and Insurance.

Towne Bank was incorporated under the laws of the Commonwealth of Virginia on September 3, 1998, is a community bank. The Company provides financial services to individuals, small and medium sized businesses. It operates in banking, realty and insurance. The banking segment provides loan and deposit services to retail and commercial customers. It also provides commercial mortgage brokerage services, investment and asset management services. The deposit products include checking accounts, Negotiable Order of Withdrawal (NOW) accounts, saving accounts, time deposit services and long term certificates of deposit. The realty segment provides complete residential real estate services, originations of mortgage loans, resort property management and commercial residential title insurance. The insurance segment provides property and casualty insurance as well as employee and group benefits. The company boasts seventeen banking offices in Chesapeake, Hampton, Portsmouth, Newport News, Virginia Beach, Norfolk, Williamsburg and York County. Each Towne company offers products and services to meet all of its member's needs. The Company competes with financial service providers, real estate companies, mortgage loan originators and insurance companies. The Company is subject to government supervision, regulation and control for its products & services.

Ratios

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Dividend & Buy Back

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Dividend Yield 2.08
TOWN's Dividend Yield is ranked lower than
66% of the 2190 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.92 vs. TOWN: 2.08 )
Ranked among companies with meaningful Dividend Yield only.
TOWN' s Dividend Yield Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0
Current: 2.08
Dividend Payout 0.39
TOWN's Dividend Payout is ranked lower than
60% of the 1337 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.33 vs. TOWN: 0.39 )
Ranked among companies with meaningful Dividend Payout only.
TOWN' s Dividend Payout Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0
Current: 0.39
Forward Dividend Yield 2.16
TOWN's Forward Dividend Yield is ranked lower than
68% of the 2073 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.13 vs. TOWN: 2.16 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 2.08
TOWN's Yield on cost (5-Year) is ranked lower than
71% of the 2538 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.43 vs. TOWN: 2.08 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
TOWN' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0
Current: 2.08

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $285.9
EPS (TTM) $ 1.18
Beta0.89
Short Percentage of Float2.75%
52-Week Range $16.50 - 24.14
Shares Outstanding (Mil)51.67
» More Articles for TOWN

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More From Other Websites
5 Unheralded Finance Picks of Billionaire Michael Price Sep 16 2016
TowneBank breached its 50 day moving average in a Bearish Manner : TOWN-US : September 14, 2016 Sep 14 2016
TowneBank Announces Quarterly Cash Dividend Aug 24 2016
TowneBank Announces Quarterly Cash Dividend Aug 24 2016
TowneBank :TOWN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 Aug 05 2016
[$$] Time to Take Profits in Two Small Stocks Jul 29 2016
TowneBank posts 2Q profit Jul 28 2016
TowneBank posts 2Q profit Jul 28 2016
TowneBank Reports Second Quarter Earnings Jul 28 2016
TowneBank Reports Second Quarter Earnings Jul 28 2016
Value Portfolio Performs Well Amid Brexit Turmoil Jul 05 2016
TowneBank breached its 50 day moving average in a Bullish Manner : TOWN-US : July 1, 2016 Jul 01 2016
TowneBank Completes Merger With Monarch Financial Holdings, Inc. Jun 27 2016
Stockholders Approve TowneBank Merger With Monarch Financial Holdings, Inc. and Monarch Bank Jun 21 2016
TowneBank breached its 50 day moving average in a Bearish Manner : TOWN-US : June 20, 2016 Jun 20 2016
TowneBank Announces Quarterly Cash Dividend May 18 2016
TowneBank and Monarch Financial Holdings, Inc. Receive Regulatory Approvals for Merger May 17 2016
Monarch Financial Holdings, Inc. and TowneBank Receive Regulatory Approvals for Merger May 16 2016
TowneBank :TOWN-US: Earnings Analysis: Q1, 2016 By the Numbers May 03 2016
TowneBank posts 1Q profit Apr 28 2016

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