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Towne Bank (TOWN)

Towne Bank (TOWN)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
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) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Sales 321,240 323,900 292,270 287,060 277,860
Sales Growth -0.82% +10.82% +1.81% +3.31% +6.39%
Net Income 193,190 40,990 41,120 38,980 38,840
Net Income Growth +371.31% -0.32% +5.49% +0.36% -23.23%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Total Assets 22,358,711 19,687,340 19,682,520 18,264,600 17,511,881
Total Assets Growth +13.57% +0.02% +7.76% +4.30% +1.54%
Total Liabilities 19,460,189 17,258,330 17,277,490 16,025,650 15,294,900
Total Liabilities Growth +12.76% -0.11% +7.81% +4.78% +1.35%
(Values in U.S. Thousands) Jun, 2026 Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025
Operating Cash Flow 40,450 261,470 144,060 91,250 121,880
Operating Cash Flow Growth -84.53% +81.50% +57.87% -25.13% -11.91%
Net Cash Flow 211,320 11,170 -89,500 -227,790 -22,150
Change in Net Cash Flow +1,791.85% +112.48% +60.71% -928.40% -110.49%
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