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TOWN News and Press, Towne Bank From 05/24/23

Stock Information

Company Name: Towne Bank
Stock Symbol: TOWN
Market: NASDAQ
Website: townebank.com

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TOWN - TowneBank raises dividend by 8.7% to $0.25

2023-05-24 12:39:25 ET TowneBank ( NASDAQ: TOWN ) declares $0.25/share quarterly dividend , 8.7% increase from prior dividend of $0.23. Forward yield 4.26% Payable July 14; for shareholders of record June 30; ex-div June 29. See TOWN Dividend Scorecard, Y...

TOWN - Lowe's, Medtronic Among 10 Companies To Boost Dividends In Late May

2023-05-14 07:23:33 ET Summary The first half of May brought dividend boosts from several popular companies, including Apple and Cardinal Health. The big increases came from Chesapeake Utilities, Pool Corporation, and Tetra Tech. Investors will see good boosts from Lowe’...

TOWN - 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 diluted share, for the quarter ended March 3...

TOWN - Dividend Champion, Contender, And Challenger Highlights: Week Of April 9

2023-04-09 03:20:02 ET 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. Introduction The D...

TOWN - Dividend Champion, Contender, And Challenger Highlights: Week Of March 26

2023-03-25 10:44:38 ET 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 furthe...

TOWN - Aubrey L. Layne Jr. and J. Christopher Perry Join TowneBank Corporate Board of Directors

SUFFOLK, Va., March 14, 2023 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce that the TowneBank Board of Directors has appointed Aubrey L. Layne, Jr. and J. Christopher Perry to its Corporate Board. In addition, Layne has been appointed to serve on the Norfolk regional board f...

TOWN - Townebank Announces Quarterly Cash Dividend

SUFFOLK, Va., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on February 22, 2023 declared its first-quarter shareholder cash dividend of $0.23 per common share payable on April 12, 2023 to shareholders of recor...

TOWN - TowneBank GAAP EPS of $0.64, revenue of $175.31M

TowneBank press release ( NASDAQ: TOWN ): Q4 GAAP EPS of $0.64. Revenue of $175.31M (+9.3% Y/Y). Pre-provision, pre-tax, net revenues (non-GAAP) were $64.36 million, an increase of $15.87 million, or 32.74%, compared to the prior year quarter. Loans held for inve...

TOWN - TowneBank Reports Full Year and Fourth Quarter Financial Results for 2022

SUFFOLK, Va., Jan. 26, 2023 (GLOBE NEWSWIRE) -- TowneBank ("Towne") (Nasdaq: TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2022. For the year ended December 31, 2022, earnings were $188.99 million, or $2.60 per diluted share, com...

TOWN - 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 market share position for TowneBank in the Virginia Beach-N...

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