TowneBank
TOWN
$26.17
Closing
▲1.32%
1D
▼-12.06%
YTD
Market cap
$1.96B
52 week high
$31.04
52 week low
$21.22
Volume
118,330
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Market cap
$1.96B
Analysts' Rating
HOLD
Price Target (Mean)
26.6
Total Analysts
5
P/E
12.71
Operating Margin
0.00%
Beta
0.90
Revenue Growth (Annual)
0.37%
52 week high
$31.04
52 week low
$21.22
Div. Yield
3.87%
EPS Annual Growth
7.14
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
TowneBank is engaged in offering retail and commercial banking services to various markets in Virginia and North Carolina. The Company operates through three segments: Banking, Realty and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. It also provides commercial mortgage brokerage services and a variety of investment and asset management services. The Realty segment offers residential real estate services, mortgage loans, resort property management, and residential and commercial title insurance. The Insurance segment provides a full line of commercial and consumer insurance products and financial services, as well as employee benefit services. It operates over 45 banking offices (eight of which operate as Farmers Bank, a division of TowneBank) throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. Its subsidiaries include Towne Investments, LLC, TowneBank Heritage Forest, LLC and others.
