TOWN News and Press, Towne Bank From 10/11/22

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-approved leadership plan, Brian...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further detai...

SUFFOLK, Va., Oct. 03, 2022 (GLOBE NEWSWIRE) -- TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) is pleased to announce the selection of Dawn S. Glynn as the leader of the bank’s new Corporate Services Group. In her new role as President and Chief Exper...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Divi...

Summary TowneBank is a Virginia-focused bank with about $17B in assets. The loan book is heavily focused on commercial real estate, but the loan quality appears to be good. The announced acquisition of FBVA appears to be accretive thanks to a cost-cutting exercise. ...

TowneBank ( NASDAQ: TOWN ) Board of Directors selected William (Billy) I. Foster, III to succeed J. Morgan Davis when he steps down as CEO on December 31, 2022. Mr. Davis, who plans to retire on March 31, 2023 after assisting with the transition process, will continue...

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 he steps down as Chief...

TowneBank ( NASDAQ: TOWN ) declared $0.23/share quarterly dividend , in line with previous. Forward yield 3.15% Payable Oct. 14; for shareholders of record Sept. 30; ex-div Sept. 29. See TOWN Dividend Scorecard, Yield Chart, & Dividend Growth. For...

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 of a definitive merger agreement pursuant to which Far...

TowneBank press release ( NASDAQ: TOWN ): Q2 GAAP EPS of $0.64 beats by $0.03 . Revenue of $166.98M (-0.2% Y/Y). For further details see: TowneBank GAAP EPS of $0.64 beats by $0.03, revenue of $166.98M