TOWN
TowneBank · Financials · Banks - Regional
Last
$34.26
−$1.16 (−3.27%) 4:00 PM ET
Prev close $35.42
Open $34.85
Day high $35.06
Day low $34.08
Volume 468,434
Avg vol 511,315
Mkt cap
$3.16B
Sector
Financials
AI report sections
TOWN
TowneBank
No AI report section text found yet for this symbol.
Volume vs average
Intraday (cumulative)
+37% (Above avg)
Vol/Avg: 1.37×
RSI
48.16 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.01 (Weak)
MACD: -0.05 Signal: -0.04
Short-Term
-0.21 (Weak)
MACD: -0.10 Signal: 0.12
Long-Term
-0.19 (Weak)
MACD: 0.28 Signal: 0.47
Intraday trend score 38.50

Latest news

TOWN 12 articles Positive: 10 Neutral: 0 Negative: 0
Positive GlobeNewswire Inc. • Na
TowneBank Announces Quarterly Cash Dividend

TowneBank (NASDAQ: TOWN), a Hampton Roads-based bank with $19.69 billion in total assets, announced a first-quarter shareholder cash dividend of $0.27 per common share payable on April 10, 2026. The bank operates over 70 banking offices across Virginia, North Carolina, and South Carolina, offering comprehensive banking and financial services through multiple affiliated companies.

TOWN dividend declaration cash dividend shareholder returns regional bank Hampton Roads financial services
Sentiment note

The declaration of a consistent quarterly cash dividend of $0.27 per share demonstrates financial stability and profitability, indicating management confidence in the bank's earnings capacity and commitment to returning value to shareholders. The bank's substantial asset base of $19.69 billion and extensive geographic footprint further support positive sentiment.

Positive Benzinga • Prnewswire
Dogwood State Bank Shareholders Approve Merger into TowneBank

Shareholders of Dogwood State Bank have approved a merger with TowneBank, expected to close in early Q1 2026, pending regulatory approvals.

DSBX TOWN merger banking acquisition shareholders regulatory approval
Sentiment note

The bank is expanding through acquisition, indicating growth and strategic expansion

Positive Benzinga • Globe Newswire
TowneBank Announces Completion of Old Point Financial Corporation Merger

TowneBank has completed its merger with Old Point Financial Corporation, enhancing its market position in the Hampton Roads region. The merger will integrate Old Point National Bank's operations into TowneBank by February 2026, with former Old Point CEO Robert F. Shuford, Jr. appointed as a senior executive vice president.

TOWN OPOF merger banking acquisition financial services Hampton Roads
Sentiment note

Expanding market presence, acquiring a high-quality core deposit franchise, and strategically integrating a new banking division

Positive GlobeNewswire Inc. • Globe Newswire
TowneBank Expands Carolinas Presence Through Agreement to Acquire Dogwood State Bank

TowneBank will acquire Dogwood State Bank in a merger that expands its strategic presence along the Interstate 85 corridor, creating a combined entity with approximately $22 billion in total assets, expected to close in early 2026.

TOWN DSBX merger banking acquisition expansion North Carolina South Carolina
Sentiment note

Expanding market presence, increasing assets, strategic growth along Interstate 85 corridor, and expected earnings accretion

Positive GlobeNewswire Inc. • Globe Newswire
TowneBank and Old Point Financial Corporation Announce Expected Closing Date and Election Deadline for Merger

TowneBank and Old Point Financial Corporation have received regulatory approval for their merger, expected to close on September 1, 2025. Shareholders can elect to receive cash, TowneBank stock, or a combination, with an election deadline of August 26, 2025.

TOWN OPOF merger banking stock exchange financial services regulatory approval
Sentiment note

Expanding business through merger, demonstrating growth strategy and financial strength

Positive Benzinga • Globe Newswire
TowneBank Announces Quarterly Cash Dividend

TowneBank, a Virginia-based bank, announced a quarterly cash dividend of $0.27 per common share, an 8% increase from the previous dividend rate.

TOWN TowneBank dividend
Sentiment note

The company announced an increase in its quarterly cash dividend, which is generally seen as a positive sign for shareholders.

Positive Benzinga • Globe Newswire
TowneBank Announces Completion of Village Bank and Trust Financial Corp. Merger

TowneBank has completed its merger with Village Bank and Trust Financial Corp., enhancing TowneBank's presence in the Richmond MSA and providing opportunities for revenue synergies and strategic capital deployment.

TOWN VBFC merger acquisition banking community banking
Sentiment note

The merger is expected to enhance TowneBank's presence and provide opportunities for growth and synergies.

Positive GlobeNewswire Inc. • N/A
TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger

TowneBank, a Virginia-based bank, has received regulatory approval to acquire Village Bank and Trust Financial Corp. The merger is expected to be completed in April 2025, enhancing TowneBank's presence in the Richmond MSA and providing opportunities for revenue synergies.

TOWN VBFC bank merger acquisition regulatory approval revenue synergies
Sentiment note

The article highlights the benefits of the merger for TowneBank, including enhanced presence in the Richmond MSA and potential revenue synergies, indicating a positive outlook for the company.

Positive GlobeNewswire Inc. • N/A
TowneBank Announces Quarterly Cash Dividend

TowneBank, a Virginia-based bank, announced its first-quarter shareholder cash dividend of $0.25 per common share, payable on April 11, 2025, to shareholders of record on March 31, 2025.

TOWN TowneBank dividend shareholder
Sentiment note

The article announces a shareholder cash dividend, which is a positive sign for the company's financial performance and shareholder returns.

Positive Benzinga • Zacks
LPL Financial Acquires Altria Wealth Solutions, Appoints New CEO

LPL Financial has completed the acquisition of Altria Wealth Solutions, a firm with $100 billion in assets under management. LPL also announced the termination of its CEO and the appointment of a new interim CEO.

LPLA BY TOWN LPL Financial Altria Wealth Solutions CEO appointment acquisition
Sentiment note

TowneBank has agreed to acquire Village Bank and Trust Financial Corp., which is expected to be accretive to TowneBank's 2025 earnings per share and improve its capital and efficiency ratio.

Unknown Zacks Investment Research • Zacks Equity Research
Compared to Estimates, TowneBank (TOWN) Q1 Earnings: A Look at Key Metrics

The headline numbers for TowneBank (TOWN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TOWN
Unknown Zacks Investment Research • Zacks Equity Research
TowneBank (TOWN) Meets Q1 Earnings Estimates

TowneBank (TOWN) delivered earnings and revenue surprises of 0% and 0.73%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

TOWN NKSH
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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