Yahoo Finance • 3 months ago

TowneBank (NASDAQ:TOWN) Will Pay A Dividend Of $0.25

The board of TowneBank (NASDAQ:TOWN) has announced that it will pay a dividend on the 11th of October, with investors receiving $0.25 per share. Based on this payment, the dividend yield will be 3.0%, which is fairly typical for the indust... Full story

Yahoo Finance • 10 months ago

Bullish TowneBank Insiders Loaded Up On US$1.17m Of Stock

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of TowneBank (NASDAQ:TOWN), that sends out a positive message to the company's shareholders. While w... Full story

Yahoo Finance • 11 months ago

TowneBank Reports Full Year and Fourth Quarter Financial Results For 2023

TowneBank SUFFOLK, Va., Jan. 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (Nasdaq: TOWN) today reported financial results for the full year and fourth quarter ended December 31, 2023. For the year ended December 31, 2... Full story

Yahoo Finance • last year

Townebank Announces Quarterly Cash Dividend

SUFFOLK, Va., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its fourth-quarter shareholder cash dividend of $0.25 per common share payable on January 1... Full story

Yahoo Finance • last year

TowneBank Reports Third Quarter 2023 Earnings

SUFFOLK, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2023 of $44.86 million, or $0.60 per diluted share, compared to $50.17 millio... Full story

Yahoo Finance • last year

TowneBank Announces Quarterly Cash Dividend

SUFFOLK, Va., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-quarter shareholder cash dividend of $0.25 per common share payable on October 13... Full story

Yahoo Finance • 2 years ago

TowneBank Reports First Quarter 2023 Earnings

SUFFOLK, Va., April 27, 2023 (GLOBE NEWSWIRE) -- TowneBank ("Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2023 of $38.33 million, or $0.52 per diluted share, compared to $45.59 million, or $0.63 per dilu... Full story

Yahoo Finance • 2 years ago

TowneBank Announces Completion of Farmers Bank Merger

SUFFOLK, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Farmers Bankshares, Inc. and its subsidiary, Farmers Bank, Windsor, Virginia. The merger solidifies the number one... Full story

Yahoo Finance • 2 years ago

TowneBank Names Clark as Chief Operating Officer

SUFFOLK, Va., Jan. 05, 2023 (GLOBE NEWSWIRE) -- TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) is pleased to announce the promotion of R. Lee Clark to Chief Operating Officer. In this role, Clark will have responsibility for bank op... Full story

Yahoo Finance • 2 years ago

Be Sure To Check Out TowneBank (NASDAQ:TOWN) Before It Goes Ex-Dividend

It looks like TowneBank (NASDAQ:TOWN) is about to go ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to... Full story

Yahoo Finance • 2 years ago

TowneBank Reports Third Quarter 2022 Earnings

SUFFOLK, Va., Oct. 27, 2022 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2022 of $50.17 million, or $0.69 per diluted share, compared to $50.40 millio... Full story

Yahoo Finance • 2 years ago

TowneBank Promotes Skinner, Davis and Wallace

SUFFOLK, Va., Oct. 11, 2022 (GLOBE NEWSWIRE) -- TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) is pleased to announce the creation of new roles to lead its banking teams in Virginia and North Carolina. As part of its new board-appro... Full story

Yahoo Finance • 2 years ago

Earnings grew faster than the 0.2% CAGR delivered to TowneBank (NASDAQ:TOWN) shareholders over the last five years

Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some selections. So we wouldn't blame long term TowneBank (NASDAQ:TOWN) shareholders for doubting their decision to hold, wit... Full story

Yahoo Finance • 2 years ago

TowneBank Names Chief Executive Officer Successor

SUFFOLK, Va., Aug. 26, 2022 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the “Company” or “Towne”) (NASDAQ: TOWN) announced today that its Board of Directors selected William (Billy) I. Foster, III to succeed J. Morgan Davis when h... Full story

Yahoo Finance • 2 years ago

Townebank Announces Agreement To Acquire Farmers Bankshares, Inc. and Farmers Bank

SUFFOLK, Va. and WINDSOR, Va., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Farmers Bankshares, Inc. (OTCPK: FBVA), the parent company of Farmers Bank, Windsor, Virginia, today announced the signing... Full story

Yahoo Finance • 2 years ago

TowneBank Reports Second Quarter 2022 Earnings

SUFFOLK, Va., July 28, 2022 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2022 of $46.55 million, or $0.64 per diluted share, compared to $55.80 million, or... Full story

Yahoo Finance • 3 years ago

TowneBank Reports First Quarter 2022 Earnings

SUFFOLK, Va., April 28, 2022 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2022 of $45.59 million, or $0.63 per diluted share, compared to $69.00 million,... Full story

Yahoo Finance • 3 years ago

TowneBank Announces Retirement of Three Directors

SUFFOLK, Va., April 14, 2022 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today that three long-serving members of its Board of Directors, E. Lee Baynor, Thomas C. Broyles and F. Lewis Wood, will not stand for re-election and w... Full story