TOWN News and Press, Towne Bank From 02/03/21

Piper Sandler analysts upgrade TowneBank ([[TOWN]] +2.6%), HomeBancorp ([[HBCP]] +0.0%), and First Community Bankshares ([[FCBC]] +1.2%) to Overweight.For TOWN, analyst Casey Orr Whitman sees the stock's 1.4x TBV and 12.7x 2022 EPS estimate multiples (vs. peers 1.7x TBV and 13x 2022 EPS) as a...

TowneBank (TOWN): Q4 GAAP EPS of $0.69 beats by $0.15.Revenue of $171.85M (+23.0% Y/Y) beats by $11.84M.Press Release For further details see: TowneBank EPS beats by $0.15, beats on revenue

SUFFOLK, Va., Jan. 28, 2021 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (Nasdaq: TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2020. For the year ended December 31, 2020, earnings were $145.54 million, or $2...

Monthly update of the Dividend Champions List. 55 companies declared higher dividends in the past month, with an average increase of 6.1% over their previous payouts. One new Champion, ten new Contenders, and seven new Challengers. For further details see: Dividend Champ...

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of January 3

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of December 27

Townebank's loan book appears to be very CRE-heavy, but the total amount of loans past due is very low. The total amount of loans where deferrals and/or modifications were in place has fallen by more than 90% since April. Townebank is trading just under its book value, but higher ...

TowneBank (TOWN) declares $0.18/share quarterly dividend, in line with previous.Forward yield 3.18%Payable Jan. 11; for shareholders of record Dec. 30; ex-div Dec. 29.See TOWN Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: TowneBank declares $0.18 divid...

TowneBank (TOWN): Q3 GAAP EPS of $0.48 beats by $0.01.Revenue of $102.94M (+4.7% Y/Y)Press Release For further details see: TowneBank EPS beats by $0.01

SUFFOLK, Va., Oct. 22, 2020 (GLOBE NEWSWIRE) -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2020 of $34.46 million, or $0.48 per diluted share, compared to $37.66 million, or $0.52 per diluted share, for t...