Towne Financial Statements From 2010 to 2026

TOWN Stock  USD 35.78  0.09  0.25%   
Towne Bank's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Towne Bank's valuation are provided below:
Gross Profit
811.8 M
Profit Margin
0.2088
Market Capitalization
3.3 B
Enterprise Value Revenue
4.5967
Revenue
811.8 M
We have found one hundred twenty available fundamental trend indicators for Towne Bank, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Towne Bank's current fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 20th of February 2026, Market Cap is likely to grow to about 2.4 B. Also, Enterprise Value is likely to grow to about 2.5 B

Towne Bank Total Revenue

1.06 Billion

Check Towne Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Towne Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.3 M, Interest Expense of 296.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.83, Dividend Yield of 0.021 or PTB Ratio of 1.61. Towne financial statements analysis is a perfect complement when working with Towne Bank Valuation or Volatility modules.
  
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Check out the analysis of Towne Bank Correlation against competitors.
To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.

Towne Bank Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets20.7 B19.7 B10.9 B
Slightly volatile
Total Stockholder Equity2.5 B2.4 B1.4 B
Slightly volatile
Other Assets20.8 B19.8 B10.5 B
Slightly volatile
Common Stock Shares Outstanding48 M76.8 M55.8 M
Slightly volatile
Liabilities And Stockholders Equity20.7 B19.7 B10.9 B
Slightly volatile
Other Stockholder Equity1.3 B1.3 B778 M
Slightly volatile
Total Liabilities18.1 B17.3 B7.2 B
Slightly volatile
Short and Long Term Debt Total501.8 M371.1 M546.8 M
Pretty Stable
Other Current Liabilities14.1 B13.5 B8.2 B
Slightly volatile
Total Current Liabilities14.2 B13.5 B8.2 B
Slightly volatile
Property Plant And Equipment Net452.5 M431 M237.7 M
Slightly volatile
Cash240.8 M253.5 M717.3 M
Slightly volatile
Non Current Assets Total19.3 B18.3 B7.5 B
Slightly volatile
Cash And Short Term Investments240.8 M253.5 M1.4 B
Slightly volatile
Common Stock Total Equity378 K397.9 K52.9 M
Slightly volatile
Non Current Liabilities Total3.9 B3.8 B988.1 M
Slightly volatile
Property Plant And Equipment Gross684 M651.4 M265.7 M
Slightly volatile
Total Current Assets1.1 B1.4 B1.5 B
Slightly volatile
Short Term Debt52.8 M34.8 M59.1 M
Pretty Stable
Common Stock82 M131.6 M94.4 M
Slightly volatile
Other Current Assets1.2 B1.3 B2.8 B
Slightly volatile
Intangible Assets101.4 M96.5 M47 M
Slightly volatile
Other Liabilities315.3 M300.3 M181.6 M
Slightly volatile
Accounts Payable37.3 M39.3 M4.5 B
Pretty Stable
Long Term Debt496.4 M302.7 M489.7 M
Pretty Stable
Good Will623.8 M594.1 M325.8 M
Slightly volatile
Short Term Investments68.1 M71.7 M837.6 M
Pretty Stable
Inventory478.8 K504 K39 M
Slightly volatile
Property Plant Equipment173.7 M130.9 M173.4 M
Pretty Stable
Preferred Stock Total Equity67.8 M87.9 M79.1 M
Very volatile
Net Tangible Assets71.6 M75.3 M552.1 M
Pretty Stable
Long Term Investments1.7 BB1.4 B
Slightly volatile
Short and Long Term Debt336.3 M328.5 M396 M
Slightly volatile
Capital Surpluse508.8 M278.7 M539.4 M
Slightly volatile
Earning Assets1.6 B2.6 B1.6 B
Slightly volatile
Long Term Debt Total431.4 M603.1 M362.7 M
Slightly volatile
Net Invested Capital2.6 B2.8 B2.2 B
Slightly volatile
Capital Stock134.5 M144.3 M123.6 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.8 M4.1 M3.5 M
Slightly volatile
Net Receivables67.1 M71.8 M62.5 M
Slightly volatile
Deferred Long Term Liabilities18 M21.6 M13.5 M
Slightly volatile
Non Current Liabilities Other54.2 M69.6 M51.5 M
Slightly volatile

Towne Bank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization42.3 M40.3 M24.5 M
Slightly volatile
Total Revenue1.1 BB575.7 M
Slightly volatile
Gross Profit736.4 M701.3 M460.9 M
Slightly volatile
Other Operating Expenses837.6 M797.7 M432.3 M
Slightly volatile
EBITDA120.6 M210.2 M156.7 M
Slightly volatile
Cost Of Revenue321.9 M306.6 M114.8 M
Slightly volatile
Total Operating Expenses515.7 M491.1 M317.5 M
Slightly volatile
Net Income178 M169.5 M109.4 M
Slightly volatile
Selling General Administrative396.6 M377.7 M203.6 M
Slightly volatile
Income Before Tax108.5 M210.2 M137 M
Slightly volatile
Selling And Marketing Expenses10.4 M15.1 M9.9 M
Slightly volatile
Net Income Applicable To Common Shares13.5 M14.2 M62.7 M
Very volatile
Net Income From Continuing Ops130.2 M187.1 M105.8 M
Slightly volatile
Tax Provision41.6 M31.8 M34.5 M
Slightly volatile
Net Interest Income387.8 M509 M313.2 M
Slightly volatile
Interest Income498.4 M890.7 M410.9 M
Slightly volatile
Reconciled Depreciation32.6 M40.3 M28.3 M
Slightly volatile
Non Recurring4.1 MM5.3 M
Slightly volatile

Towne Bank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.4 B1.3 B781.1 M
Slightly volatile
Net Income178 M169.5 M113.3 M
Slightly volatile
End Period Cash Flow1.6 B1.5 B874 M
Slightly volatile
Depreciation42.3 M40.3 M24 M
Slightly volatile
Dividends Paid90.6 M86.3 M43.6 M
Slightly volatile
Change To Inventory66.4 M131 M87.4 M
Slightly volatile
Stock Based Compensation9.5 M9.1 M4.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.832.53973.244
Pretty Stable
Dividend Yield0.0210.03930.0271
Very volatile
PTB Ratio1.611.05691.212
Very volatile
Book Value Per Share33.2531.665421.7903
Slightly volatile
Stock Based Compensation To Revenue0.00750.00880.007
Pretty Stable
Capex To Depreciation2.01.881.712
Slightly volatile
PB Ratio1.611.05691.212
Very volatile
ROIC0.0350.02740.0469
Slightly volatile
Net Income Per Share2.322.211.6985
Slightly volatile
Sales General And Administrative To Revenue0.420.37480.4215
Slightly volatile
Capex To Revenue0.09030.06430.0691
Slightly volatile
Cash Per Share3.143.304624.8416
Pretty Stable
Interest Coverage1.370.74372.2157
Very volatile
Payout Ratio0.30.59280.3813
Pretty Stable
ROE0.05980.070.075
Slightly volatile
PE Ratio22.8415.099617.7741
Slightly volatile
Return On Tangible Assets0.00730.00890.0097
Slightly volatile
Earnings Yield0.04810.06620.0678
Very volatile
Intangibles To Total Assets0.0250.03510.0323
Very volatile
Current Ratio0.110.10020.1898
Very volatile
Tangible Book Value Per Share23.822.662416.1374
Slightly volatile
Graham Number41.6139.62428.6257
Slightly volatile
Shareholders Equity Per Share33.1531.574921.6024
Slightly volatile
Debt To Equity0.150.15320.5185
Slightly volatile
Capex Per Share0.630.880.567
Pretty Stable
Revenue Per Share13.813.13959.1578
Slightly volatile
Interest Debt Per Share13.078.523111.0231
Pretty Stable
Debt To Assets0.01790.01890.0618
Slightly volatile
Price Earnings Ratio22.8415.099617.7741
Slightly volatile
Price Book Value Ratio1.611.05691.212
Very volatile
Dividend Payout Ratio0.30.59280.3813
Pretty Stable
Pretax Profit Margin0.180.20860.2531
Pretty Stable
Operating Profit Margin0.180.20860.2531
Pretty Stable
Effective Tax Rate0.290.18750.2289
Slightly volatile
Company Equity Multiplier9.498.12838.1869
Very volatile
Long Term Debt To Capitalization0.120.12190.2994
Slightly volatile
Total Debt To Capitalization0.130.13290.3153
Slightly volatile
Return On Capital Employed0.04870.0340.062
Slightly volatile
Debt Equity Ratio0.150.15320.5185
Slightly volatile
Ebit Per Revenue0.180.20860.2531
Pretty Stable
Quick Ratio0.110.10020.1898
Very volatile
Net Income Per E B T0.580.80640.7369
Pretty Stable
Cash Ratio0.01780.01880.0745
Pretty Stable
Price To Book Ratio1.611.05691.212
Very volatile
Fixed Asset Turnover1.752.33862.2042
Slightly volatile
Debt Ratio0.01790.01890.0618
Slightly volatile
Price Sales Ratio3.832.53973.244
Pretty Stable
Return On Assets0.00710.00860.0093
Slightly volatile
Asset Turnover0.0440.05120.0511
Pretty Stable
Net Profit Margin0.140.16820.1838
Pretty Stable
Gross Profit Margin0.570.69580.8174
Slightly volatile
Price Fair Value1.611.05691.212
Very volatile
Return On Equity0.05980.070.075
Slightly volatile

Towne Bank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.4 B2.3 B2.4 B
Slightly volatile
Enterprise Value2.5 B2.4 B2.5 B
Slightly volatile

Towne Fundamental Market Drivers

Cash And Short Term Investments253.5 M
Forward Annual Dividend Rate1.08

Towne Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Towne Bank Financial Statements

Towne Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Towne Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total RevenueB1.1 B
Cost Of Revenue306.6 M321.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.37  0.42 
Capex To Revenue 0.06  0.09 
Revenue Per Share 13.14  13.80 
Ebit Per Revenue 0.21  0.18 

Pair Trading with Towne Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Towne Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Towne Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Towne Stock

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Moving against Towne Stock

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The ability to find closely correlated positions to Towne Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Towne Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Towne Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Towne Bank to buy it.
The correlation of Towne Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Towne Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Towne Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Towne Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Towne Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Towne Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Towne Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Towne Bank Stock:
Check out the analysis of Towne Bank Correlation against competitors.
To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Will Regional Banks sector continue expanding? Could Towne diversify its offerings? Factors like these will boost the valuation of Towne Bank. If investors know Towne will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Towne Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.06)
Dividend Share
1.06
Earnings Share
2.22
Revenue Per Share
10.631
Quarterly Revenue Growth
0.254
Investors evaluate Towne Bank using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Towne Bank's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Towne Bank's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Towne Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towne Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Towne Bank's market price signifies the transaction level at which participants voluntarily complete trades.