Previous close | 25.80 |
Open | 25.60 |
Bid | 25.00 x 32700 |
Ask | 25.40 x 32100 |
Day's range | 25.60 - 25.60 |
52-week range | 19.50 - 27.60 |
Volume | |
Avg. volume | 0 |
Market cap | 1.927B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 13.33 |
EPS (TTM) | 1.92 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 0.93 (3.61%) |
Ex-dividend date | 27 Mar 2024 |
1y target est | 34.00 |
The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 0.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
SUFFOLK, Va., April 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2024 of $34.69 million, or $0.46 per diluted share, compared to $38.33 million, or $0.52 per diluted share, for the quarter ended March 31, 2023. Excluding acquisition-related items and the incremental FDIC special assessment, adjusted earnings (non-GAAP) for first quarter 2024 were $36.27 million, or $0.48 per diluted share, compared to $46