TOWN News

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes? Let's find out.

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.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

SUFFOLK, Va., April 27, 2020 -- TowneBank (the “Company”) (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2020 of $26.38 million, or $0.36 per diluted.

TowneBank (NASDAQ: TOWN) is moving ahead with its plans to expand in the Charlotte area. Executives are hoping to open those offices in the fourth quarter, said Phil Jurney, Charlotte market president. TowneBank already occupies roughly 16,000 square feet at 6337 Morrison Blvd. in SouthPark, its only Charlotte location to date.

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.

Two years after TowneBank’s buy of longtime Glenwood Avenue-based Paragon bank, growth is coming. Brian Reid, TowneBank's Triangle market president, says the bank is coming out of its shell, from those commercials popping up on television sets to the branches it’s hoping to set up across the region. Paragon, which TowneBank bought out after decades in business, had an opposite, under-the-radar strategy.

To the annoyance of some shareholders, TowneBank (NASDAQ:TOWN) shares are down a considerable 29% in the last month...

Is TowneBank (NASDAQ:TOWN) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. The […]

TowneBank (TOWN) delivered earnings and revenue surprises of 12.50% and -0.25%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

TowneBank (NASDAQ:TOWN) shareholders should be happy to see the share price up 13% in the last month. But that cannot...

TowneBank (TOWN) delivered earnings and revenue surprises of 16.67% and 0.35%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

To the annoyance of some shareholders, TowneBank (NASDAQ:TOWN) shares are down a considerable 32% in the last month...

The novel coronavirus that has shuttered businesses across North Carolina has had a different impact on banks here. Deemed essential businesses, financial institutions must remain open even as the governor implemented a stay-at-home order for much of the population.

Federal and state banking regulators are beginning to contact banks to offer guidance on commercial loans – many of which may go into default in the next 30 to 60 days.But the messaging this time around is different.

SUFFOLK, Va., Jan. 23, 2020 -- TowneBank (the “Company”) (Nasdaq: TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2019.  For.

SUFFOLK, Va., May 27, 2020 -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on May 27, 2020 declared its second-quarter shareholder.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does TowneBank (TOWN) have what it takes? Let's find out.

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...