TowneBank (TOWN) EPS Estimated At $0.51

Analysts expect TowneBank (NASDAQ:TOWN) to report $0.51 EPS on July, 25.They anticipate $0.02 EPS change or 4.08 % from last quarter’s $0.49 EPS. TOWN’s profit would be $36.96M giving it 13.26 P/E if the $0.51 EPS is correct. After having $0.44 EPS previously, TowneBank’s analysts see 15.91 % EPS growth. The stock decreased 1.71% or $0.47 during the last trading session, reaching $27.06. About 55,098 shares traded. TowneBank (NASDAQ:TOWN) has declined 15.64% since July 8, 2018 and is downtrending. It has underperformed by 20.07% the S&P500.

TowneBank provides retail and commercial banking services for small- and medium-size businesses, professionals, and individuals. The company has market cap of $1.96 billion. The firm operates in three divisions: Banking, Realty, and Insurance. It has a 13.85 P/E ratio. It accepts various deposits products, including demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts.

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