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TOWN News and Press, Towne Bank From 07/27/23

Stock Information

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

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TOWN - TowneBank Reports Second Quarter 2023 Earnings

SUFFOLK, Va., July 27, 2023 (GLOBE NEWSWIRE) -- TowneBank ("Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2023 of $41.72 million, or $0.56 per diluted share, compared to $46.55 million, or $0.64 per diluted share, for the quarter ended June 30, ...

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

2023-07-09 05:02:53 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 - TowneBank: Trading At 12x Earnings And 1.2x Tangible Book Value

2023-06-30 10:30:00 ET Summary TowneBank has completed the acquisition of Farmers Bankshares. The net income in Q1 was still pretty strong thanks to an increased net interest income. The total amount of loan loss provisions spiked, but very few loans (less than 0.2% of the loa...

TOWN - Dividend Champion, Contender, And Challenger Highlights: Week Of June 25

2023-06-25 10:28:54 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 - 9 Upcoming Dividend Increases Including A Dividend King

2023-06-23 04:55:00 ET Summary Dividend increases typically indicate strong business performance and a commitment to rewarding shareholders. The article provides a list of companies with at least five years of consistent dividend growth and upcoming dividend increases. They ha...

TOWN - Caterpillar, Target Among 10 Companies To Announce Annual Dividend Increases In June

2023-05-29 09:19:29 ET Summary The latter half of May was disappointing for dividend growth investors, as Lowe’s pulled back on its dividend growth rate and Union Pacific skipped its annual increase. The big increases came from smaller companies. The only double-digit boost...

TOWN - Dividend Champion, Contender, And Challenger Highlights: Week Of May 28

2023-05-28 11:05:41 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 - 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...

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