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Upturn AI SWOT - About
TOWN 
Towne Bank (TOWN)
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Upturn Advisory Summary
04/01/2025: TOWN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -5.19% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.54B USD | Price to earnings Ratio 15.73 | 1Y Target Price 40.75 |
Price to earnings Ratio 15.73 | 1Y Target Price 40.75 | ||
Volume (30-day avg) 243877 | Beta 0.91 | 52 Weeks Range 24.90 - 37.73 | Updated Date 04/1/2025 |
52 Weeks Range 24.90 - 37.73 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 2.92% | Basic EPS (TTM) 2.15 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 23.3% | Operating Margin (TTM) 29.32% |
Management Effectiveness
Return on Assets (TTM) 0.96% | Return on Equity (TTM) 7.73% |
Valuation
Trailing PE 15.73 | Forward PE - | Enterprise Value 2662134272 | Price to Sales(TTM) 3.73 |
Enterprise Value 2662134272 | Price to Sales(TTM) 3.73 | ||
Enterprise Value to Revenue 4.12 | Enterprise Value to EBITDA - | Shares Outstanding 75270896 | Shares Floating 68899937 |
Shares Outstanding 75270896 | Shares Floating 68899937 | ||
Percent Insiders 0.18 | Percent Institutions 58.8 |
Analyst Ratings
Rating 3.5 | Target Price 40 | Buy 2 | Strong Buy - |
Buy 2 | Strong Buy - | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Towne Bank
Company Overview
History and Background
Towne Bank was founded in 1999 in Hampton Roads, Virginia. It has grown through organic expansion and acquisitions, focusing on community banking and relationship-based services.
Core Business Areas
- Retail Banking: Offers deposit accounts, loans, and other banking services to individuals and small businesses.
- Commercial Banking: Provides banking solutions for medium-sized and large corporations, including commercial lending, treasury management, and international services.
- Wealth Management: Offers investment management, financial planning, and trust services to high-net-worth individuals and families.
- Mortgage Banking: Originates and services residential mortgage loans.
- Insurance: Offers a range of insurance products and services.
Leadership and Structure
G. Robert Aston, Jr. is the Executive Chairman. The bank has a traditional corporate structure with various executive vice presidents overseeing different business lines.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes, including working capital, equipment financing, and real estate. Market share data is not readily available as a standalone figure for Towne Bank. Competitors include Truist (TFC), Bank of America (BAC), and Wells Fargo (WFC) within their operating footprint.
- Residential Mortgages: Mortgages for home purchases and refinancing. Market share data is not readily available as a standalone figure for Towne Bank. Competitors include national mortgage lenders like Rocket Mortgage and local/regional banks and credit unions.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data is not readily available as a standalone figure for Towne Bank. Competitors include large national banks and smaller regional and community banks.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges from rising interest rates, increased competition from fintech companies, and evolving regulatory landscape. There is also the potential for slow down in the US market.
Positioning
Towne Bank is positioned as a community-focused regional bank, emphasizing customer relationships and local market knowledge. Its competitive advantage lies in its strong presence in the Hampton Roads and surrounding markets.
Total Addressable Market (TAM)
The TAM for banking services in Towne Bank's region is substantial, encompassing individuals, small businesses, and large corporations. Towne Bank is positioned to capture a portion of this market through its local presence and relationship-based approach.
Upturn SWOT Analysis
Strengths
- Strong presence in Hampton Roads area
- Relationship-focused banking model
- Diversified revenue streams
- Experienced management team
Weaknesses
- Geographic concentration
- Smaller scale compared to national banks
- Reliance on net interest income
- Limited international presence
Opportunities
- Expansion into new markets within the Mid-Atlantic region
- Increased adoption of digital banking services
- Growing demand for wealth management services
- Strategic acquisitions of smaller banks or financial institutions
Threats
- Rising interest rates
- Increased competition from fintech companies
- Economic downturn
- Regulatory changes
Competitors and Market Share
Key Competitors
- Truist Financial Corporation (TFC)
- Bank of America (BAC)
- Wells Fargo (WFC)
- PNC Financial Services (PNC)
Competitive Landscape
Towne Bank's advantages include its strong local presence and customer relationships. Disadvantages include its smaller scale compared to national competitors.
Major Acquisitions
Windsor Mortgage Corp
- Year: 2021
- Acquisition Price (USD millions): 26.4
- Strategic Rationale: Strengthened TowneBank's mortgage division.
Growth Trajectory and Initiatives
Historical Growth: Towne Bank has grown steadily through organic expansion and acquisitions.
Future Projections: Future growth projections require analyst estimates.
Recent Initiatives: Recent initiatives include expansion into new markets and investments in digital banking technology.
Summary
Towne Bank is a community-focused regional bank with a strong presence in the Hampton Roads area. Its relationship-based banking model and diversified revenue streams are working well. However, its geographic concentration and smaller scale compared to national banks pose challenges. It needs to watch out for rising interest rates and increased competition from fintech companies.
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Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share data is based on best available estimates and may not be precise. Actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Towne Bank
Exchange NASDAQ | Headquaters Portsmouth, VA, United States | ||
IPO Launch date 1999-05-07 | CEO, President & Director Mr. William I. Foster III | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 2720 | Website https://www.townebank.com |
Full time employees 2720 | Website https://www.townebank.com | ||
TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposits, 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 provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential property management services, real estate brokerage services, vacation rentals, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. TowneBank was incorporated in 1998 and is based in Portsmouth, Virginia.
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