Towne Bank (TOWN)
Financials
Towne Bank (TOWN) is listed on Nasdaq, where its shares have traded since May 5, 1999. SentiSense covers Towne Bank in the Financials sector. William I. Foster III is its chief executive officer. The company reports 1,957 employees, and its corporate website is www.townebank.com.
About Towne Bank
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina. The company has four reportable segments: Banking, which provides loan and deposit services, commercial mortgage brokerage, and investment and asset management services; Mortgage, which originates mortgage loans principally sold in the secondary market through purchase commitments from investors; Resort Vacation Management, which provides residential resort property management services; and Insurance, which provides property, casualty, life and health insurance solutions for businesses, individuals and community organizations through a variety of carriers.
Latest reported results
TowneBank reported revenue of $324.9 million for Q3 FY2026, up 13.2% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 291 institutions reported holding TOWN, with 57.4 million shares worth $2.1 billion in aggregate. The largest reported holders were Vanguard, BlackRock and T. Rowe Price. Of the 5 largest reported holders, all 5 added shares during the quarter.
More on TOWN
- TOWN sentiment: whether news and social coverage of Towne Bank leans bullish or bearish, and the stories driving it.
- TOWN ownership: all 291 reporting institutions, plus insider and congressional trades.
- TOWN financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
SentiSense also tracks daily options readings for Towne Bank: IV rank, put/call percentile, 25-delta skew and open-interest walls.
Frequently asked questions
What does Towne Bank do?
Towne Bank is a financial services company serving individuals, commercial enterprises and professionals, offering retail and commercial banking services in Virginia and North Carolina.
What sector is TOWN in?
SentiSense classifies Towne Bank in the Financials sector.
Where does TOWN stock trade?
Towne Bank (TOWN) is listed on Nasdaq, where its shares have traded since May 5, 1999.
Who is the CEO of Towne Bank?
William I. Foster III is the chief executive officer of Towne Bank.