Towne Bank Ownership
| TOWN Stock | USD 36.13 0.82 2.32% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 75 M | Current Value 75 M | Avarage Shares Outstanding 53.6 M | Quarterly Volatility 19.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Towne |
Towne Stock Ownership Analysis
About 57.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.27. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Towne Bank last dividend was issued on the 30th of September 2024. The entity had 103:100 split on the 23rd of May 2012. TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia. Towne Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2835 people. To find out more about Towne Bank contact William Morrison at 757 638 7500 or learn more at https://www.townebank.com.Besides selling stocks to institutional investors, Towne Bank also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Towne Bank's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Towne Bank's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Towne Bank Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Towne Bank are currently held by insiders. Unlike Towne Bank's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Towne Bank's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Towne Bank's insider trades
Towne Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Towne Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Towne Bank backward and forwards among themselves. Towne Bank's institutional investor refers to the entity that pools money to purchase Towne Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 654.3 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 650.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 560.2 K | Nuveen Asset Management, Llc | 2024-06-30 | 513 K | Ameriprise Financial Inc | 2024-06-30 | 507 K | Bank Of New York Mellon Corp | 2024-06-30 | 504.9 K | Royce & Associates, Lp | 2024-09-30 | 485.8 K | Bank Of America Corp | 2024-06-30 | 356.4 K | Chartwell Investment Partners, Llc | 2024-06-30 | 346.2 K | Vanguard Group Inc | 2024-09-30 | 7.4 M | Blackrock Inc | 2024-06-30 | 5.5 M |
Towne Bank Outstanding Bonds
Towne Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Towne Bank uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Towne bonds can be classified according to their maturity, which is the date when Towne Bank has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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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
| 0.83 | AX | Axos Financial | PairCorr |
| 0.78 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.8 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Towne Stock
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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Towne Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1 | Earnings Share 2 | Revenue Per Share 8.973 | Quarterly Revenue Growth 0.022 |
The market value of Towne Bank is measured differently than its book value, which is the value of Towne that is recorded on the company's balance sheet. Investors also form their own opinion of Towne Bank's value that differs from its market value or its book value, called intrinsic value, which is Towne Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Towne Bank's market value can be influenced by many factors that don't directly affect Towne Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely 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. However, Towne Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.