EPS for TowneBank (TOWN) Expected At $0.36

January 19, 2018 - By Adrian Mccoy

 EPS for TowneBank (TOWN) Expected At $0.36

Analysts expect TowneBank (NASDAQ:TOWN) to report $0.36 EPS on January, 25.They anticipate $0.04 EPS change or 12.50 % from last quarter’s $0.32 EPS. TOWN’s profit would be $22.28 million giving it 22.36 P/E if the $0.36 EPS is correct. After having $0.44 EPS previously, TowneBank’s analysts see -18.18 % EPS growth. The stock decreased 0.46% or $0.15 during the last trading session, reaching $32.2. About 144,043 shares traded. TowneBank (NASDAQ:TOWN) has risen 40.97% since January 19, 2017 and is uptrending. It has outperformed by 24.27% the S&P500.

TowneBank (NASDAQ:TOWN) Ratings Coverage

Among 6 analysts covering Towne Bank (NASDAQ:TOWN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Towne Bank had 13 analyst reports since August 24, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, October 31 by Piper Jaffray. The company was initiated on Monday, August 24 by Bruyette & Woods”. The stock of TowneBank (NASDAQ:TOWN) has “Hold” rating given on Tuesday, November 29 by Sandler O’Neill. The stock of TowneBank (NASDAQ:TOWN) has “” rating given on Monday, August 24 by KBW. As per Tuesday, January 2, the company rating was maintained by Brean Capital. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods. The firm earned “Neutral” rating on Thursday, October 5 by PiperJaffray. As per Friday, December 1, the company rating was initiated by Brean Capital. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods.

TowneBank provides retail and commercial banking services for small- and medium-size businesses, professionals, and individuals. The company has market cap of $1.99 billion. The firm operates in three divisions: Banking, Realty, and Insurance. It has a 21.21 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.

Another recent and important TowneBank (NASDAQ:TOWN) news was published by Nasdaq.com which published an article titled: “Towne Bank (TOWN) Ex-Dividend Date Scheduled for December 28, 2017” on December 27, 2017.

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