TOWN

MKT CAP:$3B

TowneBank

Market Cap

$3B

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

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$35.22+$2.00 (+6.02%)

Apr 23, 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

+6.8% YoY

Net Income

$172M

EPS (Diluted)

$2.18

Free Cash Flow

$185M

Revenue / Share

$11.71

Gross Margin

70.3%

Operating Margin

19.2%

Net Margin

16.2%

FCF Margin

17.4%

P/S

2.5x

P/E

15.6x

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

Q3 2025

Sep 29, 2025

$287M+10.9%EPS $0.51

Q1 2025

Mar 30, 2025

$261MEPS $0.67

FY 2024

Dec 31, 2024

$1.0B+8.7%EPS $2.15

Revenue & Profitability

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

Valuation

Quarter	P/S	P/E
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q3 23	2.0x	9.3x
Q4 23	2.4x	13.8x
Q2 24	2.1x	13.0x
Q3 24	2.5x	15.5x
Q4 24	2.6x	16.6x
Q1 25	2.5x	14.4x
Q3 25	2.5x	15.0x
Q1 26	2.5x	15.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$86M	$76M
Q4 22	$78M	$64M
Q1 23	-$21M	-$34M
Q3 23	$104M	$90M
Q4 23	$43M	$36M
Q2 24	$25M	$20M
Q3 24	-$24M	-$56M
Q4 24	$98M	$89M
Q1 25	$122M	$111M
Q3 25	$53M	$41M

Capital Expenditures

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

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 23	+20.9%	+55.8%
Q2 24	+31.8%	+50.0%
Q3 24	+15.5%	+19.3%
Q4 24	+4.6%	+9.2%
Q1 25	+12.1%	+0.2%
Q3 25	+10.0%	+14.6%
Q1 26	+0.6%	+0.1%

Stock-Based Compensation

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

OpEx Breakdown

Quarter	G&A	S&M
Q3 22	$67M	$4M
Q4 22	$53M	$3M
Q1 23	$71M	$4M
Q3 23	$71M	$4M
Q4 23	$75M	$3M
Q2 24	$74M	$4M
Q3 24	$77M	$4M
Q4 24	$78M	$3M
Q1 25	$79M	$4M
Q3 25	$83M	$4M
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
Q3 22	73M	—	—
Q4 22	73M	+0.7%	—
Q1 23	74M	+1.8%	—
Q3 23	75M	+0.5%	—
Q4 23	75M	+0.0%	+3.1%
Q2 24	75M	+0.3%	+2.7%
Q3 24	75M	+0.1%	+1.0%
Q4 24	75M	+0.2%	+0.7%
Q1 25	76M	+0.3%	+1.0%
Q3 25	77M	+1.6%	+2.3%
Q1 26	91M	+18.3%	+20.8%

Shares Outstanding