Towne Bank (Towne Bank) Average Interest Earning Assets (USD Mil) : 0.00 (As of Dec. 2023)

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What is Towne Bank Average Interest Earning Assets (USD Mil)?

Average Interest Earning Assets (USD Mil) is the average of the beginning and ending balances of interest earning assets. Earning Assets are income-producing investments owned by a company without any significant effort on its owners.

Towne Bank's Average Interest Earning Assets (USD Mil) for the quarter that ended in Dec. 2023 was 0.00 , which is lower than 15,208.30 for the pervious quarter ended in Sep. 2023.

Towne Bank's Average Interest Earning Assets (USD Mil) for the annual that ended in Dec. 2023 was 15,121.40 , which is higher than 14,962.20 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Towne Bank's Average Interest Earning Assets (USD Mil) or its related term are showing as below:

TOWN's Average Interest Earning Assets (USD Mil) is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Average Interest Earning Assets (USD Mil) only.

Towne Bank Average Interest Earning Assets (USD Mil) Historical Data

The historical data trend for Towne Bank's Average Interest Earning Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Towne Bank Average Interest Earning Assets (USD Mil) Chart

Towne Bank Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Average Interest Earning Assets (USD Mil)

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Commercial Business Loans (USD Mil)

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Mortgage Backed Securities (USD Mil)

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Residential Mortgage Loans (USD Mil)

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Commercial Mortgage Loans (USD Mil)

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Construction Loans (USD Mil)

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Towne BankQuarterly Data

Trend

Mar18

Jun18

Sep18

Dec18

Mar19

Jun19

Sep19

Mar20

Sep20

Mar21

Jun21

Sep21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Average Interest Earning Assets (USD Mil)

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Commercial Business Loans (USD Mil)

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Mortgage Backed Securities (USD Mil)

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Residential Mortgage Loans (USD Mil)

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Commercial Mortgage Loans (USD Mil)

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Construction Loans (USD Mil)

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Competitive Comparison of Towne Bank's Average Interest Earning Assets (USD Mil)

For the Banks - Regional subindustry, Towne Bank's Average Interest Earning Assets (USD Mil), along with its competitors' market caps and Average Interest Earning Assets (USD Mil) 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 (NAS:TOWN) Average Interest Earning Assets (USD Mil) Explanation

Earning assets are assets that can generate income directly, such as stocks that pay dividends, bonds that pay interest, real estate properties that generate rental income, copyright and other interest or dividend earning accounts or instruments.

Average Earning Assets are commonly used as a denominator when calculating net interest margin. This ratio can help investors determine whether or not to invest in a financial company by providing visibility into the profitability of their interest income versus their interest expenses.

Towne Bank Average Interest Earning Assets (USD Mil) Related Terms

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Towne Bank (Towne Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Towne Bank (NAS:TOWN) » Definitions » Average Interest Earning Assets (USD Mil)

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.