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Towne Bank (TOWN) Declares $0.28 Quarterly Dividend; 3.2% Yield

Wed, 20 May 2026 14:00:28 -0400

Towne Bank (NASDAQ: TOWN) declared a quarterly dividend of $0.28 per share, or $1.12 annualized.

The dividend will be payable on July 10, 2026, to stockholders of record on June 26, 2026, with an ex-dividend date of June 25, 2026.

The annual yield on the dividend is 3.2 percent.

For a dividend history and other dividend-related data on Towne Bank (TOWN) click here.

TowneBank Announces Quarterly Cash Dividend

Wed, 20 May 2026 14:00:00 -0400

SUFFOLK, Va., May 20, 2026 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared its second-quarter shareholder cash dividend of $0.28 per common share payable on July 10, 2026, to shareholders of record on June 26, 2026. The quarterly common stock cash dividend of $0.28 per common share, or $1.12 per common share on an annual basis, is a 3.7% increase from the previous dividend rate.

The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions.

Following the

TowneBank Announces Quarterly Cash Dividend

Wed, 20 May 2026 14:00:00 -0400

The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions.

Following the

TowneBank Announces Quarterly Cash Dividend

Wed, 20 May 2026 14:00:00 -0400

The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions.

Following the

TowneBank Announces Quarterly Cash Dividend

Wed, 20 May 2026 14:00:00 -0400

The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions.

Following the

Keefe, Bruyette & Woods Downgrades TowneBank (TOWN) to Market Perform

Wed, 06 May 2026 03:20:30 -0400

Keefe, Bruyette & Woods analyst Catherine Mealor downgraded TowneBank (NASDAQ: TOWN) from Outperform to Market Perform with a price target of $38.00 (from $42.00).

For an analyst ratings summary and ratings history on TowneBank click here. For more ratings news on TowneBank click here.

Shares of TowneBank closed at $34.97 yesterday.

Towne Bank (TOWN) Declares $0.70 Special Dividend; 2% Yield

Thu, 23 Apr 2026 08:35:01 -0400

Towne Bank (NASDAQ: TOWN) declared a special dividend of $0.70 per share.

The dividend will be payable on May 20, 2026, to stockholders of record on May 4, 2026, with an ex-dividend date of May 1, 2026.

The annual yield on the dividend is 2 percent.

For a dividend history and other dividend-related data on Towne Bank (TOWN) click here.

Towne Bank (TOWN) Declares $0.70 Special Dividend; 2% Yield

Thu, 23 Apr 2026 08:35:01 -0400

Towne Bank (NASDAQ: TOWN) declared a special dividend of $0.70 per share.

The dividend will be payable on May 20, 2026, to stockholders of record on May 4, 2026, with an ex-dividend date of May 1, 2026.

The annual yield on the dividend is 2 percent.

For a dividend history and other dividend-related data on Towne Bank (TOWN) click here.

TowneBank Announces Special Cash Dividend

Thu, 23 Apr 2026 08:30:00 -0400

SUFFOLK, Va., April 23, 2026 (GLOBE NEWSWIRE) -- TowneBank (NASDAQ: TOWN) announced today that its Board of Directors declared a onetime special dividend of $0.70 per common share payable on May 20, 2026 to shareholders of record as of the close of business on May 4, 2026.

The total dividend payout of approximately $65 million represents a payment to our shareholders of roughly 32% of the estimated $203 million gain, before taxes and deal costs, recognized by TowneBank on the sale of its Resort Property Management business that was completed on April 3, 2026 for

TowneBank Announces Special Cash Dividend

Thu, 23 Apr 2026 08:30:00 -0400

TowneBank Announces Special Cash Dividend

Thu, 23 Apr 2026 08:30:00 -0400

TowneBank Announces Special Cash Dividend

Thu, 23 Apr 2026 08:30:00 -0400

Towne Bank (TOWN) Misses Q1 EPS by 2c

Thu, 23 Apr 2026 02:13:57 -0400

Towne Bank (NASDAQ: TOWN) reported Q1 EPS of $0.74, $0.02 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $246.45 million versus the consensus estimate of $254.24 million.

For earnings history and earnings-related data on Towne Bank (TOWN) click here.

TowneBank Reports First Quarter 2026 Earnings

Wed, 22 Apr 2026 16:30:00 -0400

SUFFOLK, Va., April 22, 2026 (GLOBE NEWSWIRE) -- TowneBank (the "Company" or "Towne") (NASDAQ: TOWN) today reported earnings for the quarter ended March 31, 2026 of $40.99 million, or $0.45 per diluted share, compared to $43.71 million, or $0.58 per diluted share, for the quarter ended March 31, 2025. Excluding certain items affecting comparability, core earnings (non-GAAP) were $66.73 million, or $0.74 per diluted share, in the current quarter compared to $44.10 million, or $0.58 per diluted share, for the quarter ended March 31, 2025.