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Towne Bank (TOWN) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · BANKS - REGIONAL · DATA UPDATED 2026-08-28

Towne Bank (TOWN) operates in the BANKS - REGIONAL industry and is headquartered in Portsmouth, United States with about 2,932 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, TOWN reported $1.0B in revenue and $170M in net income.

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in the United States. It operates through four segments: Banking, Mortgage, Resort Vacation Management, and Insurance.

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TOWN Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$1.3B$1.0B$1.0B$943M$743M$720M$742M$673M$613M$492M$409M$330M$269M$260M$257M$240M$235M$224M$195M$193M$160M
Gross Profit$988M$701M$693M$676M$678M$696M$595M$554M$523M$443M$368M$294M$242M$230M$212M$190M$165M$150M$124M$120M$108M
Gross Margin %76.0%69.6%67.6%71.8%91.2%96.6%80.2%82.3%85.4%90.0%90.0%89.2%89.9%88.2%82.4%79.2%70.5%67.1%63.7%62.0%67.6%
Operating Income (EBIT)$404M$210M$190M$186M$237M$280M$201M$176M$172M$148M$101M$93M$63M$61M$54M$46M$43M$38M$33M$34M$32M
Operating Margin %31.1%20.9%18.6%19.8%31.9%38.9%27.1%26.2%28.1%30.0%24.7%28.1%23.5%23.6%20.8%19.0%18.5%17.2%16.8%17.7%20.1%
Net Income$314M$170M$162M$154M$189M$215M$146M$139M$134M$88M$67M$62M$42M$42M$38M$33M$30M$27M$24M$23M$22M
Net Margin %24.1%16.8%15.8%16.3%25.4%29.9%19.6%20.6%21.8%17.8%16.4%18.9%15.7%16.1%14.8%13.9%12.9%12.0%12.3%12.1%13.6%
EBITDA$439M$250M$226M$220M$266M$309M$230M$206M$201M$172M$121M$109M$77M$74M$65M$57M$53M$48M$42M$41M$38M
Earnings Per Share (EPS)$3.56$2.21$2.15$2.06$2.60$2.97$2.01$1.92$1.88$1.40$1.18$1.22$1.20$1.27$1.22$1.08$1.00$0.97$0.88$0.86$0.83
Shares Outstanding (M)92M77M75M75M73M73M72M72M71M62M57M51M35M33M31M31M30M28M27M27M26M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOWN Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$497M$261M$255M$287M$278M$261M$254M$259M
Gross Profit$421M$183M$184M$200M$201M$190M$174M$176M
Gross Margin %84.7%70.1%72.0%69.8%72.4%72.6%68.7%67.8%
Operating Income (EBIT)$254M$50M$53M$47M$50M$59M$48M$49M
Operating Margin %51.0%19.3%21.0%16.2%18.1%22.6%18.9%18.8%
Net Income$193M$41M$41M$39M$39M$51M$41M$43M
Net Margin %38.8%15.7%15.9%13.6%14.0%19.4%16.2%16.6%
EBITDA$254M$63M$65M$57M$60M$68M$57M$57M
Earnings Per Share (EPS)$2.09$0.45$0.51$0.51$0.51$0.67$0.55$0.57
Shares Outstanding (M)92M91M79M77M76M76M75M75M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOWN Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$180M$261M$138M$161M$416M$519M$128M($16M)$318M$141M$185M$81M$45M$116M$40M$6M$45M($21M)$35M$19M$69M
Capital Expenditures (CapEx)$48M$50M$57M$44M$52M$31M$46M$37M$21M$13M$18M$23M$12M$19M$21M$27M$27M$17M$9M$13M$8M
Free Cash Flow (FCF)$132M$212M$81M$117M$363M$488M$82M($53M)$297M$128M$167M$58M$33M$96M$20M($22M)$19M($38M)$26M$6M$61M
FCF Margin %
Dividends Paid$152M$79M$75M$71M$63M$55M$52M$49M$45M$34M$31M$22M$16M$14M$20M$17M$18M$16M$9M$13M$5M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOWN Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($31M)$40M$117M$53M($31M)$122M$98M($24M)
Capital Expenditures (CapEx)$8M$14M$15M$12M$12M$11M$9M$33M
Free Cash Flow (FCF)($39M)$27M$102M$41M($42M)$111M$89M($56M)
FCF Margin %
Dividends Paid$89M$21M$21M$20M$19M$19M$19M$19M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOWN Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$22.6B$19.7B$17.2B$16.8B$15.8B$16.4B$14.6B$11.9B$11.2B$8.5B$8.0B$6.3B$5.0B$4.7B$4.4B$4.1B$3.9B$3.6B$3.1B$2.5B$2.2B
Cash & Cash Equivalents$159M$253M$1.3B$1.1B$1.2B$3.3B$1.9B$443M$687M$521M$137M$252M$214M$205M$129M$314M$150M$65M$70M$69M$51M
Total Liabilities$19.6B$17.3B$15.1B$14.8B$252M$405M$705M$10.3B$9.6B$7.4B$6.9B$5.5B$4.4B$4.1B$3.8B$3.6B$3.4B$3.1B$2.7B$2.2B$2.0B
Total Debt (Short + Long-Term)$39M$371M$297M$493M$601M$493M$1.1B$773M$1.1B$799M$720M$467M$430M$443M$392M$306M$308M$408M$441M$372M$114M
Total Shareholders' Equity$3.0B$2.4B$2.1B$2.0B$15.6B$16.0B$13.9B$1.6B$1.5B$1.1B$1.1B$811M$609M$576M$553M$514M$492M$458M$420M$257M$230M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TOWN viewer.

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