TOWN News and Press, Towne Bank From 08/27/21

Future profitability levels are likely to be sustained at a better than national average pace. Core loan growth has been sluggish, but the tide appears to be turning. The margin likely drifts a little lower in the coming quarters, but most of the compression is behind it. Fo...

TowneBank (NASDAQ:TOWN) elects Brad Schwartz as President and COO succeeding J. Morgan Davis who will continue to serve as CEO. He is a past member of the Board of Directors of the Federal Reserve Bank of Richmond, the Board of Visitors of Longwood University, and is a cur...

SUFFOLK, Va., July 30, 2021 (GLOBE NEWSWIRE) -- TowneBank (NASDAQ: Towne) announced today that its Board of Directors has elected Brad Schwartz as President and Chief Operating Officer succeeding J. Morgan Davis who will continue to serve as Chief Executive Officer of the Company. &#x...

SUFFOLK, Va., July 29, 2021 (GLOBE NEWSWIRE) -- TowneBank (the "Company") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2021 of $55.80 million, or $0.77 per diluted share, compared to $34.61 million, or $0.48 per diluted share, for the quarter ended Ju...

There were several surprises to the upside with the dividend increases, including a 32% boost from Target. Other companies announcing double-digit boosts included Kroger, Matson and UnitedHealth. I expect at least 20 companies to announce their annual increases in July, including ...

A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...

Monthly update of the Dividend Champions List. 30 companies declared higher dividends in the past month, with an average increase of 12.17% over their previous payouts. Three new Contenders, and three new Challengers. For further details see: Dividend Champions For July ...

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 June 27

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7.7% and a median of 6.1%. There are thirteen increases for next week, up from three last week. Dividend Kings National Fuel G...

Inflation is here; and that means these groups ought to be on your radar. The best stocks within every sector now. Over 20 new stocks join our 'best stocks' list this week. For further details see: The Stocks To Focus On Today