TowneBank (TOWN)
NASDAQ: TOWN · Real-Time Price · USD
32.90
-0.84 (-2.49%)
Mar 6, 2026, 11:01 AM EST - Market open
TowneBank Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest Income on Loans | 703.1 | 627.24 | 573.13 | 439.87 | 408.55 | Upgrade
|
| Interest Income on Investments | 143.16 | 147.29 | 132.12 | 78.07 | 34.9 | Upgrade
|
| Total Interest Income | 846.26 | 774.53 | 705.24 | 517.94 | 443.45 | Upgrade
|
| Interest Paid on Deposits | 273.41 | 318.42 | 219.98 | 40.82 | 27.11 | Upgrade
|
| Interest Paid on Borrowings | 9.25 | 13.5 | 27.49 | 15.76 | 13.98 | Upgrade
|
| Total Interest Expense | 282.65 | 331.92 | 247.46 | 56.57 | 41.08 | Upgrade
|
| Net Interest Income | 563.61 | 442.61 | 457.78 | 461.37 | 402.37 | Upgrade
|
| Net Interest Income Growth (YoY) | 27.34% | -3.31% | -0.78% | 14.66% | 5.85% | Upgrade
|
| Trust Income | 57.62 | 50.03 | 47.08 | 44.25 | 42.18 | Upgrade
|
| Mortgage Banking Activities | 48.58 | 46.96 | 39.42 | 47.15 | 109.3 | Upgrade
|
| Gain (Loss) on Sale of Investments | 2.13 | 0.31 | 9.38 | - | 1.22 | Upgrade
|
| Gain (Loss) on Sale of Equity Investments | 2.03 | 1.24 | -0.97 | 0.56 | 1.33 | Upgrade
|
| Other Non-Interest Income | 138.87 | 132.77 | 122.39 | 116.82 | 108.3 | Upgrade
|
| Total Non-Interest Income | 272.11 | 250.68 | 235.63 | 225.57 | 277.96 | Upgrade
|
| Non-Interest Income Growth (YoY) | 8.55% | 6.39% | 4.46% | -18.85% | -2.19% | Upgrade
|
| Revenues Before Loan Losses | 835.72 | 693.29 | 693.41 | 686.94 | 680.33 | Upgrade
|
| Provision for Loan Losses | 23.94 | -0.55 | 18.68 | 8.61 | -16.77 | Upgrade
|
| Revenue | 811.78 | 693.83 | 674.74 | 678.33 | 697.1 | Upgrade
|
| Revenue Growth (YoY) | 17.00% | 2.83% | -0.53% | -2.69% | 16.74% | Upgrade
|
| Salaries and Employee Benefits | 307.78 | 281.38 | 263.14 | 250.41 | 240.21 | Upgrade
|
| Amortization of Goodwill & Intangibles | 16.78 | 12.77 | 14.16 | 10.62 | 11.13 | Upgrade
|
| Selling, General & Administrative | 141.04 | 139.39 | 128.46 | 113.82 | 105.21 | Upgrade
|
| Other Non-Interest Expense | 80.75 | 69.04 | 73.88 | 65.37 | 59.71 | Upgrade
|
| Total Non-Interest Expense | 546.34 | 502.57 | 479.63 | 440.21 | 416.25 | Upgrade
|
| EBT Excluding Unusual Items | 265.44 | 191.26 | 195.11 | 238.12 | 280.85 | Upgrade
|
| Pretax Income | 210.22 | 189.92 | 185.51 | 237.05 | 279.83 | Upgrade
|
| Income Tax Expense | 39.43 | 27.55 | 30.92 | 46.58 | 54.8 | Upgrade
|
| Earnings From Continuing Operations | 170.79 | 162.37 | 154.6 | 190.47 | 225.03 | Upgrade
|
| Minority Interest in Earnings | -1.27 | -1.02 | -1.39 | -1.48 | -9.65 | Upgrade
|
| Net Income | 169.53 | 161.36 | 153.21 | 188.99 | 215.38 | Upgrade
|
| Net Income to Common | 169.53 | 161.36 | 153.21 | 188.99 | 215.38 | Upgrade
|
| Net Income Growth | 5.06% | 5.32% | -18.93% | -12.26% | 47.99% | Upgrade
|
| Basic Shares Outstanding | 76 | 75 | 75 | 73 | 72 | Upgrade
|
| Diluted Shares Outstanding | 77 | 75 | 75 | 73 | 73 | Upgrade
|
| Shares Change (YoY) | 2.10% | 0.68% | 2.87% | 0.02% | 0.30% | Upgrade
|
| EPS (Basic) | 2.22 | 2.15 | 2.05 | 2.60 | 2.97 | Upgrade
|
| EPS (Diluted) | 2.21 | 2.15 | 2.05 | 2.60 | 2.97 | Upgrade
|
| EPS Growth | 2.79% | 4.88% | -21.15% | -12.46% | 47.76% | Upgrade
|
| Dividend Per Share | 1.060 | 1.000 | 0.980 | 0.890 | 0.780 | Upgrade
|
| Dividend Growth | 6.00% | 2.04% | 10.11% | 14.10% | 8.33% | Upgrade
|
| Effective Tax Rate | 18.75% | 14.50% | 16.66% | 19.65% | 19.58% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.