TowneBank
TowneBank provides retail and commercial banking services for individuals, professionals, and commercial enterprises. The company operates in three segments: Banking, Realty, and Insurance. It accepts various deposits products, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options, such as alternative investments, annuities, margin accounts, convertible bonds, and pension and profit sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company offers life, property, casualty, travel, and vehicle insurance services; medical, and baggage protection insurance for travelers; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates 42 banking offices in Virginia and North Carolina. TowneBank was founded in 1998 and is headquartered in Portsmouth, Virginia. Show More...
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Website http://www.townebank.com
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Sector Financial Services
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Industry Banks-Regional
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Last Quote 30.40 EUR
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 0.71 0.76 1.03 1.14 1.18 1.22 1.18 1.41 1.88 1.92 1.84 Dividends USD 0.16 0.31 0.33 0.38 0.43 0.35 0.26 0.55 0.62 0.7 0.72 Payout Ratio % * 11.2 43.2 31.9 31.9 33.6 38.9 11.7 35.7 37.9 35.0 39.1 Shares Mil 30.0 31.0 31.0 33.0 35.0 51.0 57.0 62.0 71.0 72.0 72.0 Book Value Per Share * EUR 12.39 9.62 9.89 10.32 12.13 14.32 16.15 15.11 17.94 20.01 20.87 Free Cash Flow Per Share * EUR -2.34 2.63 -0.56 1.5 1.02 0.05 2.32 2.56 1.56 0.77 Return on Assets % 0.56 0.58 0.75 0.83 0.86 1.11 0.94 1.06 1.36 1.2 1.11 Financial Leverage (Average) 7.92 10.75 10.53 9.35 9.35 7.76 7.42 7.53 7.32 7.28 7.64 Return on Equity % 4.44 5.27 7.94 8.17 8.02 9.29 7.13 7.95 10.07 8.77 8.34 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 0.7 0.77 0.91 0.79 0.75 0.53 0.64 0.68 0.69 0.44 0.73