TowneBank Statistics
Total Valuation
TowneBank has a market cap or net worth of $2.05 billion. The enterprise value is -$802.14 million.
| Market Cap | 2.05B |
| Enterprise Value | -802.14M |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
TowneBank has 72.72 million shares outstanding. The number of shares has increased by 0.79% in one year.
| Shares Outstanding | 72.72M |
| Shares Change (YoY) | +0.79% |
| Shares Change (QoQ) | +0.25% |
| Owned by Insiders (%) | 1.66% |
| Owned by Institutions (%) | 54.50% |
| Float | 67.98M |
Valuation Ratios
The trailing PE ratio is 14.10 and the forward PE ratio is 12.72.
| PE Ratio | 14.10 |
| Forward PE | 12.72 |
| PS Ratio | 2.46 |
| Forward PS | 2.80 |
| PB Ratio | 1.01 |
| P/FCF Ratio | 11.46 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.27, with a Debt / Equity ratio of 0.17.
| Current Ratio | 0.27 |
| Quick Ratio | n/a |
| Debt / Equity | 0.17 |
| Debt / EBITDA | 2.80 |
| Debt / FCF | 1.91 |
| Interest Coverage | -0.17 |
Financial Efficiency
Return on equity (ROE) is 7.32% and return on invested capital (ROIC) is 5.32%.
| Return on Equity (ROE) | 7.32% |
| Return on Assets (ROA) | 0.89% |
| Return on Capital (ROIC) | 5.32% |
| Revenue Per Employee | $302,282 |
| Profits Per Employee | $54,255 |
| Employee Count | 2,766 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TowneBank has paid $28.75 million in taxes.
| Income Tax | 28.75M |
| Effective Tax Rate | 16.08% |
Stock Price Statistics
The stock price has increased by +23.70% in the last 52 weeks. The beta is 0.91, so TowneBank's price volatility has been similar to the market average.
| Beta (1Y) | 0.91 |
| 52-Week Price Change | +23.70% |
| 50-Day Moving Average | 27.05 |
| 200-Day Moving Average | 26.25 |
| Relative Strength Index (RSI) | 63.73 |
| Average Volume (30 Days) | 262,532 |
Short Selling Information
The latest short interest is 646,582, so 0.89% of the outstanding shares have been sold short.
| Short Interest | 646,582 |
| Short Previous Month | 524,601 |
| Short % of Shares Out | 0.89% |
| Short % of Float | 0.95% |
| Short Ratio (days to cover) | 2.55 |
Income Statement
In the last 12 months, TowneBank had revenue of $836.11 million and earned $150.07 million in profits. Earnings per share was $2.01.
| Revenue | 836.11M |
| Gross Profit | 836.11M |
| Operating Income | 151.30M |
| Pretax Income | 180.53M |
| Net Income | 150.07M |
| EBITDA | 122.69M |
| EBIT | 88.16M |
| Earnings Per Share (EPS) | $2.01 |
Balance Sheet
The company has $174.48 million in cash and $343.39 million in debt, giving a net cash position of $2.86 billion or $39.37 per share.
| Cash & Cash Equivalents | 174.48M |
| Total Debt | 343.39M |
| Net Cash | 2.86B |
| Net Cash Per Share | $39.37 |
| Equity / Book Value | 2.05B |
| Book Value Per Share | 28.18 |
| Working Capital | -3.08B |
Cash Flow
In the last 12 months, operating cash flow was $221.46 million and capital expenditures -$41.55 million, giving a free cash flow of $179.91 million.
| Operating Cash Flow | 221.46M |
| Capital Expenditures | -41.55M |
| Free Cash Flow | 179.91M |
| FCF Per Share | $2.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 18.10% and 17.95%.
| Gross Margin | 100.00% |
| Operating Margin | 18.10% |
| Pretax Margin | 21.59% |
| Profit Margin | 17.95% |
| EBITDA Margin | 14.67% |
| EBIT Margin | 10.54% |
| FCF Margin | 21.52% |
Dividends & Yields
This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 3.55%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 3.55% |
| Dividend Growth (YoY) | 8.70% |
| Years of Dividend Growth | 12 |
| Payout Ratio | 49.75% |
| Buyback Yield | -0.79% |
| Shareholder Yield | 2.74% |
| Earnings Yield | 7.28% |
| FCF Yield | 8.73% |
Analyst Forecast
The average price target for TowneBank is $27.33, which is -2.98% lower than the current price. The consensus rating is "Hold".
| Price Target | $27.33 |
| Price Target Difference | -2.98% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 23, 2012. It was a forward split with a ratio of 103:100.
| Last Split Date | May 23, 2012 |
| Split Type | Forward |
| Split Ratio | 103:100 |
Scores
TowneBank has an Altman Z-Score of 0.01 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.01 |
| Piotroski F-Score | 7 |