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TowneBank (Portsmouth Virginia) (TOWN) NPV

Sell:$26.17 Buy:$26.20 Change: $0.41 (1.59%)
NASDAQ:0.52%
Market closed |  Prices as at close on 18 April 2024 | Switch to live prices |
Sell:$26.17
Buy:$26.20
Change: $0.41 (1.59%)
Market closed |  Prices as at close on 18 April 2024 | Switch to live prices |
Sell:$26.17
Buy:$26.20
Change: $0.41 (1.59%)
Market closed |  Prices as at close on 18 April 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

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.

Contact details

Address:
5716 High Street
PORTSMOUTH
23703-4502
United States
Telephone:
+1 (757) 6387500
Website:
https://townebank.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
TOWN
ISIN:
US89214P1093
Market cap:
$1.94 billion
Shares in issue:
74.89 million
Sector:
Regional Banks
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
NASDAQ Comb. Composite

Key personnel

  • G. Robert Aston
    Executive Chairman of the Board
  • William Foster
    President, Chief Executive Officer, Director
  • William Littreal
    Chief Financial Officer, Senior Executive Vice President, Chief Strategy and Investor Relations Officer
  • William Morrison
    Chairman of the Board, Chief Executive Officer of TowneBank Mortgage and Realty Group, Director
  • Matthew Davis
    President, Regionl Banking Director - North Carolina, Triangle, Charlotte, Triad and Greenville Markets
  • Dawn Glynn
    President, Hampton Roads and Northeastern North Carolina
  • Brian Skinner
    President, Regional Banking Director - All Markets (Virginia and Northeastern North Carolina)
  • Ted Wolfe
    President - Towne Bank Charlotte
  • R. Lee Clark
    Chief Operating Officer
  • Kevin Fly
    Senior Executive Vice President, Chief Accounting Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

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The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.