Towne Bank

TOWN

Company Profile

  • Business description

    Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: the Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and the Insurance Segment provides a wide array of insurance products, including property, casualty, life, and health insurance.

  • Contact

    5716 High Street
    PortsmouthVA23703
    USA

    T: +1 757 638-7500

    E: [email protected]

    https://www.townebank.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Banks - Regional

    Fiscal Year End

    31 December 2025

    Employees

    1,621

Stocks News & Analysis

stocks

Nvidia: Collaboration with Intel might bring some goodwill with the US

We doubt the $5 billion is meaningful enough to force Nvidia to use Intel, either for core products or even for the chips in collaboration.
stocks

What now for Santos after takeover offer collapses?

Our Fair Value estimate once again reflects the stand-alone business and its growth potential.
stocks

Morningstar initiates coverage on small cap ASX REIT

Coverage of ASX listed REIT as investor interest in property continues to grow.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,088.5034.00-0.37%
CAC 407,854.6136.390.47%
DAX 4023,674.53315.351.35%
Dow JONES (US)46,142.42124.100.27%
FTSE 1009,228.1132.450.35%
HKSE26,548.27109.760.42%
NASDAQ22,470.72209.400.94%
Nikkei 22545,652.08749.811.67%
NZX 50 Index13,222.1212.77-0.10%
S&P 5006,631.9631.610.48%
S&P/ASX 2008,800.0048.50-0.55%
SSE Composite Index3,822.129.54-0.25%

Market Movers