Towne Bank (TOWN) Projected to Post Earnings on Wednesday

Towne Bank (NASDAQ:TOWN) will likely be releasing its Q3 2025 results before the market opens on Wednesday, October 22nd. Analysts expect Towne Bank to post earnings of $0.82 per share and revenue of $222.2840 million for the quarter. Interested persons may visit the the company’s upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 30, 2025 at 12:30 PM ET.

Towne Bank (NASDAQ:TOWN) last posted its quarterly earnings results on Wednesday, July 23rd. The bank reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.12. Towne Bank had a net margin of 16.49% and a return on equity of 8.99%. The company had revenue of $207.44 million during the quarter, compared to the consensus estimate of $202.18 million. During the same period last year, the firm earned $0.57 EPS. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. On average, analysts expect Towne Bank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Towne Bank Price Performance

TOWN stock opened at $33.76 on Monday. The firm has a 50 day moving average of $35.49 and a 200-day moving average of $34.51. Towne Bank has a 12-month low of $29.43 and a 12-month high of $38.28. The company has a current ratio of 0.87, a quick ratio of 0.85 and a debt-to-equity ratio of 0.01. The company has a market cap of $2.53 billion, a price-to-earnings ratio of 14.68 and a beta of 0.84.

Towne Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Monday, September 29th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, September 29th. Towne Bank’s dividend payout ratio (DPR) is presently 46.96%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Hovde Group lifted their price target on shares of Towne Bank from $39.00 to $41.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Towne Bank in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Towne Bank from a “hold” rating to a “sell” rating in a research report on Saturday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $41.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its stake in shares of Towne Bank by 931.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the bank’s stock worth $26,000 after purchasing an additional 680 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Towne Bank in the 2nd quarter worth approximately $30,000. Federated Hermes Inc. grew its stake in Towne Bank by 80.3% in the 2nd quarter. Federated Hermes Inc. now owns 4,346 shares of the bank’s stock worth $149,000 after acquiring an additional 1,936 shares during the period. BNP Paribas Financial Markets grew its stake in Towne Bank by 68.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,967 shares of the bank’s stock worth $238,000 after acquiring an additional 2,822 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in Towne Bank in the 2nd quarter worth approximately $327,000. 55.99% of the stock is owned by hedge funds and other institutional investors.

About Towne Bank

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts.