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Towne Bank (TOWN)

Towne Bank (TOWN)
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TowneBank operates banking offices serving Chesapeake, Chesterfield County, Glen Allen, Hampton, James City County, Mechanicsville, Newport News, Norfolk, Portsmouth, Richmond, Suffolk, Virginia Beach, Williamsburg, and York County in Virginia, along with Raleigh, Cary, Charlotte, Moyock, Grandy, Camden County, Southern Shores, Corolla and Nags Head in North Carolina. Towne also offers a full range of financial services through its controlled divisions and subsidiaries that include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 291,650 287,060 277,860 261,180 255,150
Sales Growth +1.60% +3.31% +6.39% +2.36% -1.43%
Net Income 40,630 38,980 38,840 50,590 41,270
Net Income Growth +4.23% +0.36% -23.23% +22.58% -3.91%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 19,682,520 18,264,600 17,511,881 17,246,891 17,188,020
Total Assets Growth +7.76% +4.30% +1.54% +0.34% +0.70%
Total Liabilities 17,277,490 16,025,650 15,294,900 15,091,260 15,025,300
Total Liabilities Growth +7.81% +4.78% +1.35% +0.44% +0.31%
(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow 144,060 91,250 121,880 138,360 40,130
Operating Cash Flow Growth +57.87% -25.13% -11.91% +244.78% -37.03%
Net Cash Flow -89,500 -227,790 -22,150 211,120 167,710
Change in Net Cash Flow +60.71% -928.40% -110.49% +25.88% -3.11%
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