Towne Bank Earnings

Towne Bank’s revenue fell -24.15% since last year same period to $175.92Mn in the Q4 2024. On a quarterly growth basis, Towne Bank has generated 0.8% jump in its revenue since last 3-months.

Towne Bank’s net profit jumped 43.26% since last year same period to $41.27Mn in the Q4 2024. On a quarterly growth basis, Towne Bank has generated -3.92% fall in its net profits since last 3-months.

Towne Bank’s net profit margin jumped 88.88% since last year same period to 23.46% in the Q4 2024. On a quarterly growth basis, Towne Bank has generated -4.69% fall in its net profit margins since last 3-months.

Towne Bank’s price-to-earnings ratio after this Q4 2024 earnings stands at 14.25.

Towne Bank’s earning per share (EPS) estimates for the current quarter stand at 0.46 - a -17.86% fall from last quarter’s estimates.

Towne Bank’s earning per share (EPS) estimates for the current year stand at 0.46.

Towne Bank’s earning per share (EPS) jumped 25% since last year same period to 0.55 in the Q4 2024. This indicates that the Towne Bank has generated 25% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Towne Bank’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Towne Bank’s return on equity (ROE) stands at 0.08.

Towne Bank declared 0.25 dividend per share during the earnings announcement for Q4 2024.