TOWN - NASDAQ

TowneBank

TOWN·NASDAQ

$33.16

-0.87%

Financial ServicesBanks - Regional

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.53B

EPS2.2200

P/E Ratio14.94

Earnings Date07/22/2026

19.69B

Assets

14%

3Y+24.0%

5Y+35.0%

10Y+147.0%

17.26B

Total Liabilities

14%

3Y+24.0%

5Y+34.0%

10Y+151.0%

2.43B

Total Equity

13%

3Y+29.0%

5Y+36.0%

10Y+124.0%

TowneBank Funding & Solvency Profile

TOWN · NASDAQ

Current Assets

Cash & Cash Equivalents253.49M

Net Receivables0.00

Inventory0.00

Other Current Assets1.10B

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment430.99M

Goodwill & Intangible Assets690.61M

Long-Term Investments0.00

Other Non-Current Assets17.21B

Total Non-Current Assets18 B

Total Assets

19.69B

Financial Health Analysis

Current Ratio

0.10x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

7.11x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-12146455000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

TowneBank Balance Sheet

TOWN • NASDAQ

TowneBank Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	253.5M	1.3B	1.1B	1.2B	3.3B	1.9B	442.6M	686.7M	521.2M	136.5M	251.8M	214M	204.8M	129.3M	314.1M	150.5M	64.7M	69.7M	69.3M	50.8M
Short-Term Investments	0.0	62.3M	2.1B	1.8B	1.8B	1.4B	1.4B	1.1B	867.7M	813M	723.5M	603.9M	543.5M	450.1M	330.1M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	253.5M	1.4B	3.3B	3B	5.1B	3.2B	1.9B	1.8B	1.4B	949.5M	975.3M	817.9M	748.3M	579.4M	644.2M	150.5M	64.7M	69.7M	69.3M	50.8M
Other Current Assets	1.1B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	1.4B	1.4B	3.3B	3B	5.1B	3.2B	1.9B	1.8B	1.4B	949.5M	975.3M	817.9M	748.3M	579.4M	644.2M	150.5M	64.7M	69.7M	69.3M	50.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	431M	368.9M	337.6M	304.8M	270.8M	260.2M	231.8M	211.8M	194.9M	198.6M	173.7M	155.8M	153.4M	144.9M	134M	115.3M	89.8M	79M	74.9M	67.2M
Goodwill	594.1M	457.6M	456.3M	458.5M	457.2M	452.3M	446.8M	433.7M	270.3M	264.9M	154.8M	113.2M	104.4M	102.9M	98.1M	92M	80.6M	60.2M	56.3M	0.0
Intangible Assets	96.5M	60.2M	64.6M	43.2M	50.4M	45.5M	54.4M	58.8M	38.6M	37.9M	26.2M	22.5M	15.6M	16.1M	16.8M	17M	19.3M	11.8M	11.7M	57M
Goodwill & Intangible Assets	690.6M	517.8M	521M	501.6M	507.6M	497.9M	501.2M	492.4M	308.8M	302.8M	181M	135.7M	120.1M	119M	114.9M	108.9M	99.9M	72M	68.1M	57M
Long-Term Investments	0.0	14.1B	11.8B	11.3B	9.9B	10.1B	8.8B	8.2B	6.3B	6.1B	4.7B	3.7B	3.5B	3.4B	3B	3.4B	3.2B	2.8B	2.2B	2B
Other Non-Current Assets	17.2B	907.4M	874.9M	704.1M	560.8M	563.2M	500.3M	434.3M	353.2M	377.3M	314.1M	188M	190.6M	181.4M	171.8M	143.3M	114M	99.1M	100.5M	35.5M
Total Non-Current Assets	18.3B	15.8B	13.6B	12.9B	11.3B	11.4B	10.1B	9.4B	7.1B	7B	5.3B	4.2B	3.9B	3.8B	3.4B	3.7B	3.5B	3.1B	2.4B	2.1B
Total Assets	19.7B	17.2B	16.8B	15.8B	16.4B	14.6B	11.9B	11.2B	8.5B	8B	6.3B	5B	4.7B	4.4B	4.1B	3.9B	3.6B	3.1B	2.5B	2.2B
LIABILITIES
CURRENT LIABILITIES
Short Term Debt	34.8M	33.7M	32.8M	40.9M	76.8M	67.8M	52.4M	47.2M	24.9M	32.5M	37.4M	31.9M	47.7M	12M	11.8M	14.1M	21.5M	36.2M	36.7M	34.7M
Other Current Liabilities	13.5B	14.4B	13.9B	13.3B	13.6B	11.6B	9.3B	8.4B	6.4B	6B	4.9B	3.8B	3.6B	3.4B	3.2B	3B	2.6B	2.2B	1.8B	1.7B
Total Current Liabilities	13.5B	14.5B	13.9B	13.3B	13.7B	11.6B	9.3B	8.4B	6.5B	6.1B	5B	3.9B	3.6B	3.4B	3.2B	3B	2.6B	2.3B	1.9B	1.7B
NON-CURRENT LIABILITIES
Long Term Debt	336.3M	263.2M	459.8M	277.1M	405M	705.1M	720.1M	1B	774.1M	687.5M	429.1M	398.2M	395.1M	380M	293.7M	344.6M	504.6M	404.8M	375M	184.8M
Other Non-Current Liabilities	3.4B	357.1M	393.4M	344.3M	389.8M	496.6M	250.5M	159.9M	132.5M	132.1M	95.8M	87.5M	77.8M	73.9M	65M	58.3M	54.3M	34.1M	-298.4M	40.4M
Total Non-Current Liabilities	3.8B	620.3M	853.1M	621.4M	794.8M	1.2B	970.7M	1.2B	906.6M	819.6M	524.9M	485.7M	472.9M	453.9M	358.7M	402.9M	558.9M	441M	373.2M	225.2M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	39.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	296.7M	0.0
Total Liabilities	17.3B	15.1B	14.8B	14B	14.4B	12.8B	10.3B	9.6B	7.4B	6.9B	5.5B	4.4B	4.1B	3.8B	3.6B	3.4B	3.1B	2.7B	2.2B	2B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	-15.6M	-14M	-12.5M	-11.2M	-10.2M	-9.7M	-8.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	76.5M	76.5M	134.3M	134.5M	3.3M	3.3M	3.3M	0.0	0.0
Common Stock	131.6M	125.5M	124.8M	121.4M	121.2M	121.1M	121.1M	120.8M	104.4M	104.2M	86M	59.7M	58.9M	52.5M	48.6M	48.2M	45.8M	40.9M	40.2M	39.3M
Additional Paid-In Capital	1.3B	1.1B	1.1B	1.1B	1.1B	1B	1B	1B	749.8M	745.4M	535.1M	317.7M	312.8M	261.5M	233.9M	359.6M	340.8M	310.2M	168.4M	159M
Retained Earnings	1.1B	1B	921.1M	840.8M	716.6M	557.9M	467.2M	379.2M	282.7M	229.5M	192.8M	154.7M	128.5M	103.8M	94.5M	81M	69.3M	60.8M	46.2M	30.7M
Accumulated Other Comprehensive Income/Loss	-51.7M	-116M	-118.8M	-140.5M	10.6M	41.2M	11.3M	-9.2M	-5.7M	-4M	-3M	458K	-344K	816K	2.8M	288K	-1.6M	4.3M	2.1M	917K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	15.6M	14M	12.5M	11.2M	10.2M	9.7M	8.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.4B	2.1B	2B	1.9B	1.9B	1.8B	1.6B	1.5B	1.1B	1.1B	810.9M	608.9M	576.3M	552.9M	514.2M	492.3M	457.6M	419.7M	256.9M	230M
Total Equity	2.4B	2.2B	2.1B	1.9B	1.9B	1.8B	1.7B	1.5B	1.1B	1.1B	820.2M	618.3M	585.3M	559.9M	520.5M	499.5M	464.3M	419.7M	256.9M	230M
Minority Interest	6.9M	16.3M	15.9M	14.8M	16.9M	17M	12.9M	12.9M	11.3M	11.5M	9.3M	9.3M	9M	7M	6.3M	7.2M	6.7M	92K	0.0	0.0
SUMMARY
Total Liabilities & Equity	19.7B	17.2B	16.8B	15.8B	16.4B	14.6B	11.9B	11.2B	8.5B	8B	6.3B	5B	4.7B	4.4B	4.1B	3.9B	3.6B	3.1B	2.5B	2.2B
Total Investments	0.0	14.1B	14B	13.2B	11.7B	11.4B	10.3B	9.3B	7.1B	7B	5.4B	4.3B	4B	3.8B	3.3B	3.4B	3.2B	2.8B	2.2B	2B
Total Debt	371.1M	296.9M	492.6M	318M	481.8M	772.9M	772.5M	1.1B	799M	720.1M	466.5M	430.1M	442.7M	392M	305.5M	358.7M	526.1M	441M	708.3M	219.5M
Net Debt	117.6M	-1B	-635.8M	-834.8M	-2.8B	-1.1B	329.9M	407.6M	277.8M	583.5M	214.7M	216.1M	238M	262.8M	-8.6M	208.2M	461.4M	371.3M	639M	168.7M
Shares Outstanding	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082	75,460,082

SEC Filings

TOWN - Filing history and reports

No SEC filings available for TOWN

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