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TowneBank

3T8:FRA

TowneBank

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  • Price (EUR)32.80
  • Today's Change-0.40 / -1.20%
  • Shares traded40.00
  • 1 Year change+41.38%
  • Beta--
Data delayed at least 15 minutes, as of Nov 14 2024 07:20 GMT.
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About the company

TowneBank is engaged in offering retail and commercial banking services to various markets in Virginia and North Carolina. The Company operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. It also provides commercial mortgage brokerage services and a variety of investment and asset management services. The Realty segment offers residential real estate services, mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. It operates over 45 banking offices (eight of which operate as Farmers Bank, a division of TowneBank) throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. Its subsidiaries include Towne Investments, LLC, TowneBank Heritage Forest, LLC and others.

  • Revenue in USD (TTM)762.60m
  • Net income in USD149.30m
  • Incorporated1998
  • Employees2.78k
  • Location
    TowneBank5716 High St WPORTSMOUTH 23703United StatesUSA
  • Phone+1 (757) 638-7500
  • Websitehttps://townebank.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		TOWN:NSQ since
announced		Transaction
value
Village Bank & Trust Financial CorpAnnounced24 Sep 202424 Sep 2024Announced4.38%119.99m
Data delayed at least 15 minutes, as of Nov 14 2024 16:37 GMT.
Data Provided by LSEG
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