Towne Bank

Yahoo Finance • 29 days ago

TowneBank Announces Completion of Old Point Financial Corporation Merger

SUFFOLK, Va., Sept. 02, 2025 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Old Point Financial Corporation (“Old Point”), the parent company of The Old Point National Bank of Phoebus (“Old... Full story

Yahoo Finance • last month

TowneBank declares $0.27 dividend

* TowneBank (NASDAQ:TOWN [https://seekingalpha.com/symbol/TOWN]) declared $0.27/share quarterly dividend [https://seekingalpha.com/pr/20213695-townebank-announces-quarterly-cash-dividend], in line with previous. * Forward yield [https:... Full story

Yahoo Finance • last month

TowneBank Announces Quarterly Cash Dividend

SUFFOLK, Va., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its third-quarter shareholder cash dividend of $0.27 per common share payable on October 10... Full story

Yahoo Finance • last month

TowneBank to buy Dogwood State Bank for $476m

TowneBank has agreed to acquire Dogwood State Bank, a state-chartered community bank headquartered in Raleigh, North Carolina, for approximately $476m. The deal is expected to bolster TowneBank's presence along the Interstate 85 corridor,... Full story

Yahoo Finance • last month

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: TEGNA Inc. (NYSE - TGNA), NorthWestern Energy Group, Inc. (Nasdaq - NWE), Theratechnologies Inc. (Nasdaq - THTX), Dogwood State Bank (OTC - DSBX)

BALA CYNWYD, Pa., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ack... Full story

Yahoo Finance • last month

TowneBank expands Carolinas presence through agreement to acquire Dogwood State Bank

Hampton Roads-based TowneBank (NASDAQ:TOWN [https://seekingalpha.com/symbol/TOWN]) and Raleigh-based Dogwood State Bank (OTCQX:DSBX [https://seekingalpha.com/symbol/DSBX]) on Tuesday announced [https://seekingalpha.com/pr/20204772-towneban... Full story

Yahoo Finance • last month

TowneBank Expands Carolinas Presence Through Agreement to Acquire Dogwood State Bank

SUFFOLK, Va. and RALEIGH, N.C., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Raleigh based Dogwood State Bank (OTCQX: DSBX) (“Dogwood”), today announced the signing of a definitive merger agreement p... Full story

Yahoo Finance • 2 months ago

TowneBank and Old Point Financial Corporation Announce Expected Closing Date and Election Deadline for Merger

SUFFOLK, Va. and HAMPTON, Va., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Old Point Financial Corporation (NASDAQCM: OPOF) (“Old Point”), the parent company of The Old Point National Bank of Phoebu... Full story

Yahoo Finance • 2 months ago

TowneBank Q2 2025 presentation: Revenue surges 18.6% despite net income decline

Introduction & Market Context TowneBank (NASDAQ:TOWN) reported mixed second-quarter 2025 results, with strong revenue growth offset by declining net income. The Virginia-based regional bank, which has expanded its footprint across the Mid... Full story

Yahoo Finance • 4 months ago

TowneBank's (NASDAQ:TOWN) Dividend Will Be Increased To $0.27

The board of TowneBank (NASDAQ:TOWN) has announced that it will be increasing its dividend by 8.0% on the 11th of July to $0.27, up from last year's comparable payment of $0.25. The payment will take the dividend yield to 2.8%, which is in... Full story

Yahoo Finance • 7 months ago

TowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for Merger

SUFFOLK, Va. and MIDLOTHIAN, Va., March 11, 2025 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) and Village Bank and Trust Financial Corp. (NASDAQCM: VBFC) (“Village”) today announced that the Federal Deposit Insurance... Full story

Yahoo Finance • last year

TowneBank (NASDAQ:TOWN) Will Pay A Dividend Of $0.25

The board of TowneBank (NASDAQ:TOWN) has announced that it will pay a dividend on the 11th of October, with investors receiving $0.25 per share. Based on this payment, the dividend yield will be 3.0%, which is fairly typical for the indust... Full story

Yahoo Finance • 2 years ago

Bullish TowneBank Insiders Loaded Up On US$1.17m Of Stock

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of TowneBank (NASDAQ:TOWN), that sends out a positive message to the company's shareholders. While w... Full story

Yahoo Finance • 2 years ago

TowneBank Reports Full Year and Fourth Quarter Financial Results For 2023

TowneBank SUFFOLK, Va., Jan. 24, 2024 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (Nasdaq: TOWN) today reported financial results for the full year and fourth quarter ended December 31, 2023. For the year ended December 31, 2... Full story

Yahoo Finance • 2 years ago

Townebank Announces Quarterly Cash Dividend

SUFFOLK, Va., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its fourth-quarter shareholder cash dividend of $0.25 per common share payable on January 1... Full story

Yahoo Finance • 2 years ago

TowneBank Reports Third Quarter 2023 Earnings

SUFFOLK, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended September 30, 2023 of $44.86 million, or $0.60 per diluted share, compared to $50.17 millio... Full story

Yahoo Finance • 2 years ago

TowneBank Reports First Quarter 2023 Earnings

SUFFOLK, Va., April 27, 2023 (GLOBE NEWSWIRE) -- TowneBank ("Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2023 of $38.33 million, or $0.52 per diluted share, compared to $45.59 million, or $0.63 per dilu... Full story

Yahoo Finance • 3 years ago

TowneBank Announces Completion of Farmers Bank Merger

SUFFOLK, Va., Jan. 17, 2023 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) announced today the completion of its merger with Farmers Bankshares, Inc. and its subsidiary, Farmers Bank, Windsor, Virginia. The merger solidifies the number one... Full story

Yahoo Finance • 3 years ago

TowneBank Names Clark as Chief Operating Officer

SUFFOLK, Va., Jan. 05, 2023 (GLOBE NEWSWIRE) -- TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) is pleased to announce the promotion of R. Lee Clark to Chief Operating Officer. In this role, Clark will have responsibility for bank op... Full story

Yahoo Finance • 3 years ago

Be Sure To Check Out TowneBank (NASDAQ:TOWN) Before It Goes Ex-Dividend

It looks like TowneBank (NASDAQ:TOWN) is about to go ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to... Full story