In terms of working capital, TowneBank maintains a healthy position.
The total current assets of the company are valued at $1129265000.
This represents a growth rate of 639.895% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $1128357000, exhibiting a growth rate of -2.123% year-on-year.
On the liabilities side, the company's current liabilities total $11133146000.
This reflects a growth rate of -11.371% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
1128.36
1152.83
3296.64
1864.29
442.62
686.70
Receavebles
0.00
0.00
0.00
0.00
0.00
0.00
Inventory
0.00
0.00
0.00
0.00
0.00
0.00
Other
1129.27
1195.59
3329.66
1901.27
457.98
7526.06
Total Current Assets
1129.27
152.63
5102.82
3232.51
1883.92
9308.09
Acc Payable
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Debt
32.83
76.31
87.98
380.35
428.01
0.00
Other Current Liab
11100.32
12485.26
11686.38
9194.17
6537.59
0.00
Current Liabilities
11133.15
12561.57
11774.36
9574.52
6965.60
0.00
Capital Structure
When examining the capital structure of TowneBank, it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $16835039000.
When juxtaposed with the previous year, this marks a growth rate of 6.246%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $14779161000.
Compared to the prior year, this reflects a growth rate of 5762.560%.
The long-term debt forms a sizable part of these liabilities, coming in at $459754000.
Over the last year, the long-term debt has grown by 65.920%.
On the asset side, the cash and equivalent reserves are worth $1128357000.
The year-on-year growth of these reserves is -2.123%.
The company's common stock, another important asset, holds a value of $124847000, growing at a rate of 2.817% from the previous year.
Finally, the company's retained earnings stand at $921126000, marking a growth rate of 9.557% year-over-year.
These earnings represent the profits that TowneBank has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$16,835.04
Total liabilities
$14,779,161,000.00
Long term debt
$459.75
Cash and eqv
$1,128,357,000.00
Goodwill
$456.33
Retained earnings
$921,126,000.00
Common stock
$21.21
Enterprise Value
$11.77
Historical dividend key summary
TowneBank's dividend per share is $1, showing the earnings shared with shareholders per share. It has grown by -47.917% this year, suggesting that the company is generating increased income for shareholders and expecting future earnings growth.
Years
Q1
Q2
Q3
Q4
Total
2024
0.250
0.250
0.000
0.000
0.500
2023
0.230
0.230
0.250
0.250
0.960
2022
0.200
0.200
0.230
0.230
0.860
2021
0.180
0.180
0.200
0.200
0.760
2020
0.180
0.180
0.180
0.180
0.720
2019
0.160
0.160
0.180
0.180
0.680
2018
0.140
0.140
0.160
0.160
0.600
2017
0.130
0.130
0.140
0.140
0.540
2016
0.120
0.120
0.130
0.130
0.500
2015
0.110
0.110
0.120
0.120
0.460
2014
0.100
0.100
0.110
0.110
0.420
2013
0.000
0.090
0.090
0.100
0.280
2012
0.078
0.078
0.080
0.090
0.325
2011
0.078
0.078
0.078
0.078
0.311
2010
0.078
0.078
0.078
0.078
0.311
2009
0.078
0.078
0.078
0.078
0.311
2008
0.078
0.078
0.078
0.078
0.311
2007
0.291
0.078
0.078
0.078
0.524
2006
0.223
0.000
0.000
0.000
0.223
2005
0.123
0.000
0.000
0.000
0.123
2004
0.000
0.063
0.000
0.000
0.063
2003
0.000
0.031
0.000
0.000
0.031
Net earnings per share (EPS)
TowneBank has an EPS of $2.07, which signifies the profit allocated per share of common stock. With a growth rate of -20.385% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
Years
Q1
Q2
Q3
Q4
Total
2023
0.52
0.56
0.6
0.39
2.07
2022
0.63
0.64
0.69
0.64
2.60
2021
0.95
0.77
0.7
0.57
2.99
2020
0.37
0.48
0.48
0.69
2.02
2019
0.44
0.48
0.52
0.49
1.93
2018
0.36
0.48
0.53
0.5
1.87
2017
0.35
0.42
0.44
0.18
1.39
2016
0.35
0.12
0.39
0.31
1.17
2015
0.29
0.35
0.34
0.24
1.22
2014
0.31
0.33
0.34
0.14
1.12
2013
0.29
0.31
0.28
0.28
1.16
2012
0.25
0.26
0.26
0.31
1.08
2011
0.2
0.17
0.16
0.3
0.83
2010
0.2
0.16
0.17
0.26
0.79
2009
0.15
0.16
0.18
0.24
0.73
2008
0.24
0.24
0.25
0.22
0.95
2007
0.22
0.24
0.24
0.24
0.94
2006
0.18
0.23
0.23
0.26
0.90
2005
0.18
0.19
0.18
0.21
0.76
2004
0.11
0.12
0.16
0.16
0.55
2003
0.088
0.11
0.13
0.082
0.41
2002
0.0817
0.088
0.1
0.088
0.36
2001
0.0566
0.0566
0.0503
0.034
0.20
Brief information
TowneBank (TOWN) stock split history
Understanding the historical stock splits of TowneBank (TOWN) provides insights into its past financial decisions and investor sentiment. A stock split occurs when a company increases its share count by dividing its existing shares. The most recent split took place on May 23, 2012 with a ratio of 103:100. Throughout its history, the company has undergone 4 stock splits. Below, we delve deeper into this history, highlighting past financial strategies.
