Towne Bank (Towne Bank) 3-Year Book Growth Rate : 3.90% (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Towne Bank 3-Year Book Growth Rate?

Towne Bank's Book Value per Share for the quarter that ended in Dec. 2023 was $27.24.

During the past 12 months, Towne Bank's average Book Value per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Towne Bank was 74.90% per year. The lowest was -7.90% per year. And the median was 8.20% per year.

Competitive Comparison of Towne Bank's 3-Year Book Growth Rate

For the Banks - Regional subindustry, Towne Bank's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Towne Bank's 3-Year Book Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Towne Bank's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Towne Bank's 3-Year Book Growth Rate falls into.

Towne Bank 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Towne Bank (NAS:TOWN) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Towne Bank 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Towne Bank's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Towne Bank (Towne Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

5716 High Street, Portsmouth, VA, USA, 23703

Website

https://www.townebank.com

Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.