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Towne Bank (TOWN)

(Delayed Data from NSDQ)

$36.29 USD

36.29
907,725

+3.87 (11.94%)

Updated Nov 6, 2024 04:00 PM ET

After-Market: $36.32 +0.03 (0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth C Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 29% (72 out of 251)

Industry: Banks - Southeast

Zacks News

TowneBank (TOWN) Matches Q3 Earnings Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 2.32%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Stock Yards Bancorp (SYBT) Tops Q3 Earnings and Revenue Estimates

Stock Yards (SYBT) delivered earnings and revenue surprises of 7.53% and 2.62%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

BlackRock Completes Acquisition of Global Infrastructure Partners

BLK acquires Global Infrastructure Partners, creating a multi-asset class infrastructure investing platform with a combined client AUM of more than $150 billion.

LPL Financial Acquires Altria Wealth Solutions, Appoints New CEO

LPLA acquires Altria Wealth Solutions to empower independent financial advisors. Also, the board appoints a new CEO following the termination of the previous CEO.

TowneBank to Acquire Village Bank, Boost Richmond MSA Presence

TOWN is set to acquire VBFC for $120 million in an all-cash deal to expand its presence in Richmond MSA. It is set to be roughly 6% accretive to 2025 earnings.

TowneBank (TOWN) Q2 Earnings and Revenues Top Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 16.33% and 1.70%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics

The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TowneBank (TOWN) Meets Q1 Earnings Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 0.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

First Bancorp (FBNC) Misses Q1 Earnings and Revenue Estimates

First Bancorp (FBNC) delivered earnings and revenue surprises of -4.69% and 4.11%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

TowneBank (TOWN) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

TowneBank (TOWN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TowneBank (TOWN) Upgraded to Strong Buy: What Does It Mean for the Stock?

TowneBank (TOWN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

TowneBank (TOWN) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

After losing some value lately, a hammer chart pattern has been formed for TowneBank (TOWN), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Best Income Stocks to Buy for February 5th

TOWN, INGR and SJW made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 5, 2023.

Here's What Key Metrics Tell Us About TowneBank (TOWN) Q4 Earnings

While the top- and bottom-line numbers for TowneBank (TOWN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TowneBank (TOWN) Surges 6.3%: Is This an Indication of Further Gains?

TowneBank (TOWN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

The Zacks Analyst Blog Highlights United Bankshares, Wintrust Financial, First BanCorp, TowneBank and WSFS Financial

United Bankshares, Wintrust Financial, First BanCorp, TowneBank and WSFS Financial are included in this Analyst Blog.

Swayta Shah headshot

5 Top-Ranked Banks That Outperformed S&P 500 in November

Bank stocks are on a roll in November on investor optimism about no further rate hikes, with United Bankshares (UBSI), Wintrust Financial (WTFC), First BanCorp. (FBP), TowneBank (TOWN) and WSFS Financial (WSFS) outperforming the S&P 500 index.

Surging Earnings Estimates Signal Upside for TowneBank (TOWN) Stock

TowneBank (TOWN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

TowneBank (TOWN) Q3 Earnings and Revenues Beat Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 17.65% and 0.56%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Live Oak Bancshares (LOB) Q3 Earnings and Revenues Top Estimates

Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 79.59% and 10.20%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: TowneBank (TOWN) Q3 Earnings Expected to Decline

TowneBank (TOWN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Do Options Traders Know Something About TowneBank (TOWN) Stock We Don't?

Investors need to pay close attention to TowneBank (TOWN) stock based on the movements in the options market lately.

TowneBank (TOWN) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TowneBank (TOWN) Q2 Earnings Miss Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of -10.34% and 0.66%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Third Coast Bancshares, Inc. (TCBX) Beats Q2 Earnings and Revenue Estimates

Third Coast Bancshares, Inc. (TCBX) delivered earnings and revenue surprises of 6% and 1.47%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?