Towne Bank
NASDAQ:TOWN

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Towne Bank
NASDAQ:TOWN
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Price: 36.13 USD 2.32% Market Closed
Market Cap: 2.7B USD
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Towne Bank
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Towne Bank
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Towne Bank
NASDAQ:TOWN
Tax Provision
-$23.6m
CAGR 3-Years
25%
CAGR 5-Years
7%
CAGR 10-Years
-2%
PNC Financial Services Group Inc
NYSE:PNC
Tax Provision
-$1.2B
CAGR 3-Years
1%
CAGR 5-Years
-8%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Tax Provision
-$664.3m
CAGR 3-Years
-3%
CAGR 5-Years
-2%
CAGR 10-Years
-3%
Truist Financial Corp
NYSE:TFC
Tax Provision
$885m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Tax Provision
-$576m
CAGR 3-Years
7%
CAGR 5-Years
1%
CAGR 10-Years
0%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Tax Provision
-$978m
CAGR 3-Years
-82%
CAGR 5-Years
-50%
CAGR 10-Years
-32%
No Stocks Found

Towne Bank
Glance View

Market Cap
2.7B USD
Industry
Banking

TowneBank engages in the provision of retail and commercial banking services to individuals and small and medium size businesses. The company is headquartered in Portsmouth, Virginia and currently employs 2,617 full-time employees. The firm operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. The Realty segment provides residential real estate services, resort property management, originations of a variety of mortgage loans, and commercial and residential title insurance. The Insurance segment provides full-service commercial and retail insurance, and employee benefit services. The firm offers an array of business and personal banking solutions. The company operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. The Company’s subsidiaries include Towne Investment Group, Towne Wealth Management, Towne Insurance Agency, LLC, Towne Benefits, TowneBank Commercial Mortgage, LLC, Towne 1031 Exchange, LLC and Towne Vacations, LLC.

TOWN Intrinsic Value
43.34 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is Towne Bank's Tax Provision?
Tax Provision
-23.6m USD

Based on the financial report for Sep 30, 2024, Towne Bank's Tax Provision amounts to -23.6m USD.

What is Towne Bank's Tax Provision growth rate?
Tax Provision CAGR 10Y
-2%

Over the last year, the Tax Provision growth was 41%. The average annual Tax Provision growth rates for Towne Bank have been 25% over the past three years , 7% over the past five years , and -2% over the past ten years .

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