TowneBank
TOWN35.870USD
-0.520-1.43%
Close 09/19, 16:00（ET）Quotes delayed by 15 min
2.71BMarket Cap
15.58P/E TTM
More Details of TowneBank Company
TowneBank offers a full range of banking and other financial services. The Company's financial services include banking, mortgage, insurance, resort property management, and investments. Its segments include Banking, Realty and Insurance. Banking segment provides loan and deposit services to retail and commercial customers and also provides a variety of investment and asset management services. Its personal banking services include personal checking, personal lending and personal savings. Its business banking services include business lending, business checking and online banking and treasury services. Realty segment provides resort property management services and originations of a variety of mortgage loans. Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. It operates over 50 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina.
Company Info
Ticker SymbolTOWN
Company nameTowneBank
IPO dateMay 05, 1999
CEOMr. William T. (Will) Morrison
Number of employees2720
Security typeOrdinary Share
Fiscal year-endMay 05
Address5716 High St W
CityPORTSMOUTH
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code23703
Phone18446386714
Websitehttps://townebank.com/
Ticker SymbolTOWN
IPO dateMay 05, 1999
CEOMr. William T. (Will) Morrison
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Andrew S. Fine
Mr. Andrew S. Fine
Director
Director
449.65K
+0.07%
Mr. Howard J. Jung
Mr. Howard J. Jung
Independent Director
Independent Director
207.03K
+0.08%
Mr. William T. (Will) Morrison
Mr. William T. (Will) Morrison
Director; President and Chief Executive Officer of Towne Financial Services Group
Director; President and Chief Executive Officer of Towne Financial Services Group
168.76K
-0.26%
Mr. Douglas D. Ellis
Mr. Douglas D. Ellis
Independent Director
Independent Director
160.41K
+0.20%
Mr. Jeffrey F. Benson
Mr. Jeffrey F. Benson
Independent Vice Chairman of the Board
Independent Vice Chairman of the Board
122.76K
+0.17%
Mr. Alan S. Witt, CPA
Mr. Alan S. Witt, CPA
Independent Director
Independent Director
94.97K
-0.03%
Mr. Robert C. Hatley
Mr. Robert C. Hatley
Director
Director
75.51K
+1.46%
Ms. Elizabeth W. Robertson, CPA
Ms. Elizabeth W. Robertson, CPA
Independent Director
Independent Director
60.86K
-21.23%
Mr. William B. (Bill) Littreal
Mr. William B. (Bill) Littreal
Chief Financial Officer, Senior Executive Vice President
Chief Financial Officer, Senior Executive Vice President
59.89K
-1.29%
Mr. Matthew C. (Matt) Davis
Mr. Matthew C. (Matt) Davis
President and Regional Banking Director, North Carolina
President and Regional Banking Director, North Carolina
55.77K
-1.50%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Andrew S. Fine
Mr. Andrew S. Fine
Director
Director
449.65K
+0.07%
Mr. Howard J. Jung
Mr. Howard J. Jung
Independent Director
Independent Director
207.03K
+0.08%
Mr. William T. (Will) Morrison
Mr. William T. (Will) Morrison
Director; President and Chief Executive Officer of Towne Financial Services Group
Director; President and Chief Executive Officer of Towne Financial Services Group
168.76K
-0.26%
Mr. Douglas D. Ellis
Mr. Douglas D. Ellis
Independent Director
Independent Director
160.41K
+0.20%
Mr. Jeffrey F. Benson
Mr. Jeffrey F. Benson
Independent Vice Chairman of the Board
Independent Vice Chairman of the Board
122.76K
+0.17%
Mr. Alan S. Witt, CPA
Mr. Alan S. Witt, CPA
Independent Director
Independent Director
94.97K
-0.03%
Revenue Breakdown
No Data
No Data
By Business
By Region
No Data
Shareholding Stats
Updated: Thu, Aug 14
Updated: Thu, Aug 14
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
9.07%
BlackRock Institutional Trust Company, N.A.
5.70%
T. Rowe Price Investment Management, Inc.
5.28%
Dimensional Fund Advisors, L.P.
5.25%
Victory Capital Management Inc.
3.19%
Other
71.50%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
9.07%
BlackRock Institutional Trust Company, N.A.
5.70%
T. Rowe Price Investment Management, Inc.
5.28%
Dimensional Fund Advisors, L.P.
5.25%
Victory Capital Management Inc.
3.19%
Other
71.50%
Shareholder Types
Shareholders
Proportion
Investment Advisor
28.47%
Investment Advisor/Hedge Fund
23.60%
Individual Investor
6.68%
Hedge Fund
2.07%
Research Firm
1.12%
Bank and Trust
0.51%
Private Equity
0.35%
Pension Fund
0.33%
Insurance Company
0.03%
Other
36.84%
Institutional Shareholding
Updated: Tue, Jul 1
Updated: Tue, Jul 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q2
470
49.76M
66.00%
-1.54M
2025Q1
478
50.16M
66.54%
-1.04M
2024Q4
464
49.91M
66.32%
+180.41K
2024Q3
451
48.61M
64.75%
+522.40K
2024Q2
444
47.52M
63.35%
-166.52K
2024Q1
444
46.79M
62.42%
-1.47M
2023Q4
428
47.30M
63.18%
-311.55K
2023Q3
422
46.63M
62.30%
-1.30M
2023Q2
428
46.59M
62.24%
-2.41M
2023Q1
430
46.88M
62.87%
-982.12K
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
7.36M
9.76%
-83.01K
-1.11%
Mar 31, 2025
BlackRock Institutional Trust Company, N.A.
4.77M
6.33%
-59.13K
-1.22%
Mar 31, 2025
T. Rowe Price Investment Management, Inc.
4.39M
5.83%
+48.62K
+1.12%
Mar 31, 2025
Dimensional Fund Advisors, L.P.
4.33M
5.74%
-7.10K
-0.16%
Mar 31, 2025
Victory Capital Management Inc.
2.58M
3.43%
+429.49K
+19.93%
Mar 31, 2025
State Street Global Advisors (US)
1.95M
2.59%
-201.40K
-9.35%
Mar 31, 2025
Lawson (John R. II)
1.98M
2.63%
+2.01K
+0.10%
Mar 10, 2025
Geode Capital Management, L.L.C.
1.73M
2.29%
+42.47K
+2.52%
Mar 31, 2025
Charles Schwab Investment Management, Inc.
820.66K
1.09%
-24.67K
-2.92%
Mar 31, 2025
View more
Related ETFs
Updated: Tue, Sep 2
Updated: Tue, Sep 2
Name
Proportion
First Trust NASDAQ ABA Community Bank Index Fund
1.27%
WisdomTree US SmallCap Quality Dividend Growth
1.19%
First Trust NASDAQ Bank ETF
0.47%
Lattice Hartford Multifactor Small Cap ETF
0.46%
Avantis US Small Cap Equity ETF
0.32%
SPDR S&P Regional Banking ETF
0.3%
SPDR SSGA US Small Cap Low Volatility Index ETF
0.29%
Timothy Plan US Small Cap Core ETF
0.29%
First Trust Small Cap Value AlphaDEX Fund
0.26%
DFA Dimensional US Small Cap Value ETF
0.23%
View more
First Trust NASDAQ ABA Community Bank Index Fund
Proportion1.27%
WisdomTree US SmallCap Quality Dividend Growth
Proportion1.19%
First Trust NASDAQ Bank ETF
Proportion0.47%
Lattice Hartford Multifactor Small Cap ETF
Proportion0.46%
Avantis US Small Cap Equity ETF
Proportion0.32%
SPDR S&P Regional Banking ETF
Proportion0.3%
SPDR SSGA US Small Cap Low Volatility Index ETF
Proportion0.29%
Timothy Plan US Small Cap Core ETF
Proportion0.29%
First Trust Small Cap Value AlphaDEX Fund
Proportion0.26%
DFA Dimensional US Small Cap Value ETF
Proportion0.23%
Dividend
A total of
316.69M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Nov 27, 2024
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Jan 14, 2025 going ex on Dec 31, 2024
Dec 31, 2024
Jan 14, 2025
Dec 31, 2024
Aug 28, 2024
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Oct 11, 2024 going ex on Sep 30, 2024 with reinvestment option
Sep 30, 2024
Oct 11, 2024
Sep 30, 2024
May 29, 2024
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Jul 12, 2024 going ex on Jun 28, 2024 with reinvestment option
Jun 28, 2024
Jul 12, 2024
Jun 28, 2024
Feb 28, 2024
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Apr 12, 2024 going ex on Mar 27, 2024 with reinvestment option
Mar 29, 2024
Apr 12, 2024
Mar 27, 2024
Nov 29, 2023
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Jan 12, 2024 going ex on Dec 28, 2023 with reinvestment option
Dec 29, 2023
Jan 12, 2024
Dec 28, 2023
Aug 24, 2023
TOWN.NB Final Cash Dividend of gross USD 0.25 paid on Oct 13, 2023 going ex on Sep 28, 2023
Sep 29, 2023
Oct 13, 2023
Sep 28, 2023
May 24, 2023
TOWN.NB Interim Cash Dividend of gross USD 0.25 paid on Jul 14, 2023 going ex on Jun 29, 2023 with reinvestment option
Jun 30, 2023
Jul 14, 2023
Jun 29, 2023
Feb 23, 2023
TOWN.NB Interim Cash Dividend of gross USD 0.23 paid on Apr 12, 2023 going ex on Mar 29, 2023
Mar 30, 2023
Apr 12, 2023
Mar 29, 2023
Nov 28, 2022
TOWN.NB Interim Cash Dividend of gross USD 0.23 paid on Jan 12, 2023 going ex on Dec 29, 2022
Dec 30, 2022
Jan 12, 2023
Dec 29, 2022
Aug 24, 2022
TOWN.NB Final Cash Dividend of gross USD 0.23 paid on Oct 14, 2022 going ex on Sep 29, 2022
Sep 30, 2022
Oct 14, 2022
Sep 29, 2022
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
