Earnings Summary

Towne Bank’s revenue jumped 43.06% since last year same period to $259.75Mn in the Q2 2024. On a quarterly growth basis, Towne Bank has generated 4.01% jump in its revenue since last 3-months.

Towne Bank’s net profit jumped 2.73% since last year same period to $42.86Mn in the Q2 2024. On a quarterly growth basis, Towne Bank has generated 23.55% jump in its net profits since last 3-months.

Towne Bank’s net profit margin fell -28.19% since last year same period to 16.5% in the Q2 2024. On a quarterly growth basis, Towne Bank has generated 18.79% jump in its net profit margins since last 3-months.

Towne Bank’s earning per share (EPS) estimates for the current quarter stand at 0.57 - a 18.75% jump from last quarter’s estimates.

Towne Bank’s earning per share (EPS) estimates for the current year stand at 0.57.

Towne Bank’s earning per share (EPS) jumped 1.79% since last year same period to 0.57 in the Q2 2024. This indicates that the Towne Bank has generated 1.79% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Towne Bank declared 0.25 dividend per share during the earnings announcement for Q2 2024.