TOWN
Price:
$34.25
Market Cap:
$2.58B
TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, 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 ...[Read more]
Industry
Banks - Regional
IPO Date
1999-05-05
Stock Exchange
NASDAQ
Ticker
TOWN
According to TowneBank’s latest financial reports and current stock price. The company's current ROE is 7.57%. This represents a change of 298.58% compared to the average of 1.90% of the last 4 quarters.
The mean historical ROE of TowneBank over the last ten years is 8.37%. The current 7.57% ROE has changed -9.58% with respect to the historical average. Over the past ten years (40 quarters), TOWN's ROE was at its highest in in the March 2021 quarter at 3.83%. The ROE was at its lowest in in the June 2016 quarter at 0.60%.
Average
8.37%
Median
7.99%
Minimum
6.26%
Maximum
11.34%
Discovering the peaks and valleys of TowneBank ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 37.67%
Maximum Annual ROE = 11.34%
Minimum Annual Increase = -25.28%
Minimum Annual ROE = 6.26%
| Year | ROE | Change |
|---|---|---|
| 2024 | 7.56% | 0.34% |
| 2023 | 7.54% | -25.28% |
| 2022 | 10.08% | -11.07% |
| 2021 | 11.34% | 37.67% |
| 2020 | 8.24% | -2.62% |
| 2019 | 8.46% | -3.56% |
| 2018 | 8.77% | 13.18% |
| 2017 | 7.75% | 23.89% |
| 2016 | 6.26% | -18.69% |
| 2015 | 7.69% | 11.09% |
The current ROE of TowneBank (TOWN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.39%
5-year avg
8.95%
10-year avg
8.37%
TowneBank’s ROE is less than Park National Corporation (13.68%), less than Provident Financial Services, Inc. (9.55%), greater than Simmons First National Corporation (-12.24%), less than CVB Financial Corp. (9.18%), less than Bank of Hawaii Corporation (10.66%), less than Trustmark Corporation (10.90%), less than Banc of California, Inc. (5.99%), less than WaFd, Inc. (7.47%), less than Seacoast Banking Corporation of Florida (6.39%), less than Customers Bancorp, Inc. (9.18%),
| Company | ROE | Market cap |
|---|---|---|
| 13.68% | $2.55B | |
| 9.55% | $2.62B | |
| -12.24% | $2.72B | |
| 9.18% | $2.73B | |
| 10.66% | $2.65B | |
| 10.90% | $2.38B | |
| 5.99% | $2.94B | |
| 7.47% | $2.54B | |
| 6.39% | $2.78B | |
| 9.18% | $2.25B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like TowneBank using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like TowneBank or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is TowneBank's ROE?
How is the ROE calculated for TowneBank (TOWN)?
What is the highest ROE for TowneBank (TOWN)?
What is the 3-year average ROE for TowneBank (TOWN)?
What is the 5-year average ROE for TowneBank (TOWN)?
How does the current ROE for TowneBank (TOWN) compare to its historical average?