Towne Bank
Towne Bank is a regional bank offering traditional banking and financial services in Virginia, North Carolina, Maryland, and New Jersey.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Towne Bank's stock with a target price of $39, indicating growth potential.
Financial Health
Towne Bank is showing strong revenue and cash flow performance, indicating solid financial stability.
Dividend
Towne Bank's dividend yield of 2.18% is reasonable for investors seeking dividend income. If you invested $1000 you would be paid $21.80 a year in dividends (based on the last 12 months).
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Explore BasketWhy You’ll Want to Watch This Stock
Regional Lending Focus
Towne’s franchise centres on local lending and deposit gathering, which can support steady earnings — though performance varies with the regional economy.
Community Franchise Strength
Strong customer relationships and a local branch network can be advantages in retention and cross-selling, balanced against competition from larger banks and fintechs.
Rate And Credit Sensitivity
Earnings respond to interest-rate moves and credit conditions; rising rates can boost margins but higher defaults would weigh on results.
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Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
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