TOWN

MKT CAP:$3B

TowneBank

Market Cap

$3B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$35.20+$1.98 (+5.96%)

Apr 24, 2026

Company Details

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...

CEO

William I. Foster

IPO Date

May 5, 1999

Website

www.townebank.com

Key Metrics TTM

Revenue

$1.1B

+4.4% YoY

Net Income

$159M

EPS (Diluted)

$1.99

Free Cash Flow

$212M

Revenue / Share

$11.90

Gross Margin

71.0%

Operating Margin

18.6%

Net Margin

14.8%

FCF Margin

19.6%

P/S

2.5x

P/E

16.9x

Earnings Reports

Q1 2026

Mar 30, 2026

$261M-0.2%EPS $0.45

FY 2025

Dec 31, 2025

$1.0B-1.6%EPS $2.21

Q4 2025

Dec 31, 2025

$255M+0.5%EPS $0.51

Q3 2025

Sep 29, 2025

$287M+10.9%EPS $0.51

Q2 2025

Jun 29, 2025

$278M+6.5%EPS $0.52

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$178M	$167M	$58M
Q3 22	$193M	$175M	$63M
Q4 22	$198M	$169M	$58M
Q1 23	$224M	$172M	$48M
Q2 23	$243M	$178M	$53M
Q3 23	$243M	$172M	$54M
Q4 23	$233M	$154M	$31M
Q1 24	$251M	$168M	$42M
Q2 24	$261M	$175M	$51M
Q3 24	$259M	$176M	$49M
Q4 24	$254M	$174M	$48M
Q1 25	$261M	$190M	$59M
Q2 25	$278M	$201M	$50M
Q3 25	$287M	$200M	$47M
Q4 25	$255M	$184M	$53M
Q1 26	$261M	$183M	$50M

Valuation

Quarter	P/S	P/E
Q2 22	2.9x	11.2x
Q3 22	2.8x	10.9x
Q4 22	3.0x	11.9x
Q1 23	2.5x	10.8x
Q2 23	2.1x	10.0x
Q3 23	1.8x	9.8x
Q4 23	2.3x	14.2x
Q1 24	2.1x	13.7x
Q2 24	2.0x	13.4x
Q3 24	2.5x	16.6x
Q4 24	2.5x	16.0x
Q1 25	2.5x	14.4x
Q2 25	2.4x	14.8x
Q3 25	2.4x	15.4x
Q4 25	2.4x	15.2x
Q1 26	2.4x	16.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$161M	$149M
Q2 22	$90M	$74M
Q3 22	$86M	$76M
Q4 22	$78M	$64M
Q1 23	-$21M	-$34M
Q2 23	$34M	$24M
Q3 23	$104M	$90M
Q4 23	$43M	$36M
Q1 24	$38M	$28M
Q2 24	$25M	$20M
Q3 24	-$24M	-$56M
Q4 24	$98M	$89M
Q1 25	$122M	$111M
Q2 25	-$31M	-$42M
Q3 25	$53M	$41M
Q4 25	$117M	$102M

Capital Expenditures

Quarter	CapEx
Q1 22	$11M
Q2 22	$16M
Q3 22	$10M
Q4 22	$14M
Q1 23	$13M
Q2 23	$10M
Q3 23	$14M
Q4 23	$7M
Q1 24	$10M
Q2 24	$5M
Q3 24	$33M
Q4 24	$9M
Q1 25	$11M
Q2 25	$12M
Q3 25	$12M
Q4 25	$15M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-0.1%	+12.8%
Q3 22	+7.4%	+15.7%
Q4 22	+17.9%	+19.7%
Q1 23	+28.4%	+50.4%
Q2 23	+36.6%	+58.9%
Q3 23	+25.9%	+45.6%
Q4 23	+17.7%	+44.3%
Q1 24	+11.9%	+18.4%
Q2 24	+7.4%	+10.3%
Q3 24	+6.7%	+11.5%
Q4 24	+9.0%	+2.0%
Q1 25	+4.1%	-3.0%
Q2 25	+6.5%	+8.5%
Q3 25	+10.9%	+14.4%
Q4 25	+0.5%	-2.0%
Q1 26	-0.2%	+4.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	0.6%
Q2 22	-$146.0K	-0.1%
Q3 22	$562.0K	0.3%
Q4 22	$4M	1.9%
Q1 23	$5M	2.3%
Q2 23	-$2M	-0.8%
Q3 23	$2M	0.7%
Q4 23	$2M	0.8%
Q1 24	$2M	0.7%
Q2 24	$2M	0.8%
Q3 24	$2M	0.7%
Q4 24	$2M	0.8%
Q1 25	$2M	0.9%
Q2 25	$2M	0.9%
Q3 25	$2M	0.8%
Q4 25	$3M	1.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$67M	$4M
Q3 22	$67M	$4M
Q4 22	$53M	$3M
Q1 23	$71M	$4M
Q2 23	$73M	$4M
Q3 23	$71M	$4M
Q4 23	$75M	$3M
Q1 24	$77M	$5M
Q2 24	$74M	$4M
Q3 24	$77M	$4M
Q4 24	$78M	$3M
Q1 25	$79M	$4M
Q2 25	$82M	$3M
Q3 25	$83M	$4M
Q4 25	$102M	—
Q1 26	$111M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$2.4B	$1.9B	$4.4B
Q3 22	$1.4B	$1.9B	$3.3B
Q4 22	$1.2B	$1.8B	$3.0B
Q1 23	$1.1B	$2.1B	$3.2B
Q2 23	$1.5B	$2.0B	$3.5B
Q3 23	$1.1B	$2.0B	$3.1B
Q4 23	$1.1B	$2.1B	$3.3B
Q1 24	$1.0B	$2.2B	$3.2B
Q2 24	$1.3B	$2.3B	$3.6B
Q3 24	$1.3B	$2.4B	$3.7B
Q4 24	$1.3B	$62M	$1.4B
Q1 25	$1.3B	$16M	$1.3B
Q2 25	$1.1B	$66M	$1.2B
Q3 25	$1.2B	$90M	$1.3B
Q4 25	$253M	$0	$253M
Q1 26	$95M	$0	$95M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	73M	+0.0%	+0.0%
Q3 22	73M	+0.0%	-0.6%
Q4 22	73M	+0.7%	+0.6%
Q1 23	74M	+1.8%	+2.5%
Q2 23	75M	+0.4%	+2.9%
Q3 23	75M	+0.1%	+3.0%
Q4 23	75M	+0.0%	+2.4%
Q1 24	75M	+0.2%	+0.8%
Q2 24	75M	+0.1%	+0.5%
Q3 24	75M	+0.1%	+0.5%
Q4 24	75M	+0.2%	+0.7%
Q1 25	76M	+0.3%	+0.7%
Q2 25	76M	+0.0%	+0.7%
Q3 25	77M	+1.6%	+2.2%
Q4 25	79M	+3.1%	+5.0%
Q1 26	91M	+14.7%	+20.2%

Shares Outstanding