Towne Bank Stock News

TowneBank (TOWN) delivered earnings and revenue surprises of 5% and 0.73%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

AMP, BG, and TOWN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 3, 2022

TowneBank (TOWN) delivered earnings and revenue surprises of -8.33% and 0.11%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Townebank Portsmouth VA (TOWN) shares closed today at 1.2% below its 52 week high of $34.79, giving the company a market cap of $1B. The stock is currently up 8.8% year-to-date, up 36.6% over the past 12 months, and up 20.0% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 41.7% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 1.7% higher than its 5-day moving average, 6.4% higher than its 20-day moving average, and 8.8% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 226.7% The company's stock price performance over the past 12 months lags the peer average by -3.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

TowneBank (TOWN) delivered earnings and revenue surprises of 9.52% and 5.62%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Future profitability levels are likely to be sustained at a better than national average pace.

SUFFOLK, Va., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors on August 25, 2021 declared its third-quarter shareholder cash

SUFFOLK, Va., July 30, 2021 (GLOBE NEWSWIRE) -- TowneBank (NASDAQ: Towne) announced today that its Board of Directors has elected Brad Schwartz as President and Chief Operating Officer succeeding J. M

TowneBank (TOWN) delivered earnings and revenue surprises of 11.59% and 0.21%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

SUFFOLK, Va., July 29, 2021 (GLOBE NEWSWIRE) -- TowneBank (the "Company") (NASDAQ: TOWN) today reported earnings for the quarter ended June 30, 2021 of $55.80 million, or $0.77 per diluted share, co

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TowneBank (TOWN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).