Towne Bank (TOWN) Financials
Key financial figures for Towne Bank (Q3 2026).
TowneBank Q3 2026 diluted EPS was $0.88 (core $0.91 vs $0.90 a year ago) as net interest margin reached 3.89% and the efficiency ratio fell to 60.22%. Net income available to common shareholders was $81.78 million, or $0.88 per diluted share, against $44.30 million, or $0.58, in Q3 2025. Core earnings (non-GAAP, excluding items affecting comparability) were $83.85 million, or $0.91 per diluted share, against $68.77 million, or $0.90 [1]. Net interest income rose $49.26 million year over year to $196.21 million. GAAP net interest margin was 3.89% (3.92% tax-equivalent, non-GAAP), including 20 basis points of purchase accounting accretion, against 3.48% a year earlier. Total cost of deposits fell to 1.51% from 1.75% [1]. On the outlook: The release carried no earnings or growth guidance. It states the company expects net interest income to be affected by net purchase accounting accretion income of $3.50 million in the remainder of 2026 and $11.61 million in 2027. Figures are for Q3 2026, as TowneBank reported them.
- Revenue
- $325M
- Net Income
- $82M
- EPS
- $0.89
- Total Assets
- $22.2B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $325M | $82M | $0.88 | 30.66% | |
| Q2 FY2026 | $497M | $193M | $2.09 | 51.01% | -$39M |
| Q1 FY2026 | $261M | $41M | $0.45 | 19.27% | $27M |
| Q4 FY2025 | $255M | $41M | $0.51 | 20.96% | $102M |
| Q3 FY2025 | $287M | $39M | $0.51 | 16.25% | $41M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.0B | $170M | $2.21 | 20.86% | $212M |
| FY2024 | $1.0B | $162M | $2.15 | 18.58% | $81M |
| FY2023 | $943M | $154M | $2.06 | 19.76% | $117M |
Frequently asked questions
What was TowneBank's revenue last quarter?
TowneBank reported revenue of $324.9 million for Q3 FY2026, up 13.2% from the same period a year earlier.
Is TowneBank profitable?
Yes. TowneBank reported net income of $81.8 million for Q3 FY2026, a net margin of 25.17% on revenue.
How has TowneBank's margin trended?
Operating margin was 30.66% in Q3 FY2026, compared with 16.25% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How many quarters of TowneBank financials does SentiSense hold?
SentiSense holds up to forty quarters and twenty fiscal years of income statement, balance sheet and cash flow history for TOWN. The 5 most recent quarters are summarised above.
Full income statement, balance sheet and cash flow for Towne Bank on SentiSense, with up to forty quarters and twenty fiscal years of history.