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Towne Bank

33.32

+0.14000.42%

Post-market: 33.320.00000.00%16:10 EDT

Volume:558.03K

Turnover:18.59M

Market Cap:3.07B

PE:15.08

High:33.54

Open:32.89

Low:32.84

Close:33.18

52wk High:37.86

52wk Low:29.43

Shares:92.25M

Float Shares:86.98M

Volume Ratio:0.46

T/O Rate:0.64%

Dividend:1.06

Dividend Rate:3.18%

EPS(TTM):2.21

EPS(LYR):2.22

ROE:7.46%

ROA:0.92%

PB:1.27

PE(LYR):15.01

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Overview Company News Filings

Press Release: TowneBank Announces Quarterly Cash Dividend

3 Stocks Possibly Trading At A Discount Of Up To 37.8%

Simply Wall St.

TowneBank reports total assets of $19.7 billion for Q3 2025

TowneBank (TOWN): Valuation Insights Following Q3 Earnings Dip and Old Point Acquisition Impact

Simply Wall St.

TowneBank's Q3 revenue misses estimates

Towne Bank Q3 Adj. EPS $0.83 Beats $0.78 Estimate, Sales $215.665M Miss $219.172M Estimate

BRIEF-TowneBank Q3 EPS USD 0.51

TowneBank Q3 Credit Loss Allowance USD 149.175 Million

THOMSON REUTERS

3 Stocks Including Extreme Networks Estimated Below Fair Value

Simply Wall St.

XPEL And 2 Stocks That Could Be Trading Below Estimated Value

Simply Wall St.

KBW Sticks to Its Buy Rating for TowneBank (TOWN)

Alt.town: Detected Wallet Unusual Activity, Deposit and Withdrawal Services Suspended

Alt.town Introduces $TOWN Token Utility Across Platform Services and Launches ValueFi Deposit Event

Press Release: TowneBank Announces Completion of Old Point Financial Corporation Merger

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Release: TowneBank Announces Quarterly Cash Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2586236269","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2586236269?lang=en_us&edition=fundamental","pubTime":"2025-11-27 01:00","pubTimestamp":1764176400,"startTime":"0","endTime":"0","summary":"SUFFOLK, Va., Nov. 26, 2025  -- Hampton Roads based TowneBank  announced today that its Board of Directors declared its fourth-quarter shareholder cash dividend of $0.27 per common share payable on January 7, 2026, to shareholders of record on December 26, 2025.The amount and declaration of future cash dividends are subject to Board of Directors' approval in addition to regulatory restrictions.Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, TowneBank values all employees and members by embracing their diverse talents, perspectives, and experiences.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B775SV38.USD","LU0170899867.USD","LU0048573561.USD","BK4588","BK4533","BK4211","IE00BKDWB100.SGD","BK4585","LU0130102774.USD","LU2168564495.EUR","TOWN","BK4550","LU0053666078.USD","IE00B3S45H60.SGD","BK4534","IE00BWXC8680.SGD","LU0251142724.SGD","LU0154236417.USD","LU0149725797.USD","LU1914381329.SGD","LU0256863811.USD","IE00BK4W5L77.USD","IE000M9KFDE8.USD","IE0034235303.USD","BK4176","LU2168563687.JPY","LU2168564222.USD","LU1201861249.SGD","LU2168564149.EUR","LU1074936037.SGD","LU0157215616.USD","LU1280957306.USD","LU1571399168.USD","IE00B1XK9C88.USD","LU0971096721.USD","LU2487616109.SGD","LU0742534661.SGD","LU0234572021.USD","LU1363072403.SGD","LU0210528500.USD","LU2168564065.EUR","IE00BK4W5M84.HKD","LU0251131958.USD","IE00BJLML261.HKD","LU0787776722.HKD","LU0234570918.USD","BK4581","LU0683600562.USD","LU0417517546.SGD"],"gpt_icon":1},{"id":"2585515203","title":"3 Stocks Possibly Trading At A Discount Of Up To 37.8%","url":"https://stock-news.laohu8.com/highlight/detail?id=2585515203","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2585515203?lang=en_us&edition=fundamental","pubTime":"2025-11-21 01:08","pubTimestamp":1763658493,"startTime":"0","endTime":"0","summary":"In the current U.S. market landscape, major stock indexes have recently experienced fluctuations, with notable gains following Nvidia's impressive earnings results and Walmart's strong performance. Amidst these developments, investors may find opportunities in stocks that are potentially trading below their intrinsic value, offering a chance to capitalize on market inefficiencies and economic shifts.","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/7013000-choice2-main-header/1585186648241","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7013000-choice2-main-header/1585186648241"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/banks/nyse-mcb/metropolitan-bank-holding/news/3-stocks-possibly-trading-at-a-discount-of-up-to-378","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/banks/nyse-mcb/metropolitan-bank-holding/news/3-stocks-possibly-trading-at-a-discount-of-up-to-378","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["HAS","BCBP","BK4588","BK4082","STAA","BBT.AU","HAS.AU","BK4551","BILL","TOWN","BK4211","BK7078","BBT","BK4566","BK4548","BK4195","PERF","BK4023","BK4139","BK4146","BK4539","NWBI","BK7104","MCB","BK4190","HBNC","BILL.AU","BK7095","CROX","LU2264538146.SGD","NPCE","BK4585","BK4535","CAI","CAI.AU","LU1064131342.USD","LU1988902786.USD","BK4104","BK4198"],"gpt_icon":0},{"id":"2580282614","title":"TowneBank reports total assets of $19.7 billion for Q3 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2580282614","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2580282614?lang=en_us&edition=fundamental","pubTime":"2025-11-02 23:42","pubTimestamp":1762098174,"startTime":"0","endTime":"0","summary":"TowneBank reported total assets of $19.7 billion, total loans of $13.4 billion, and total deposits of $16.5 billion as of the third quarter of 2025. The core return on average assets  was 1.4%, while the core return on tangible common equity  reached 16.0%. The net interest margin  stood at 3.5%, and non-interest-bearing deposits accounted for 31% of total deposits. TowneBank holds the largest deposit market share in the Hampton Roads region and has achieved a compound annual growth rate in earnings of 22.7% from fiscal year 2000 to 2024. The company also reported a 10-year total shareholder return of 143% as of September 30, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TowneBank published the original content used to generate ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251102:nNDL9J8g6G:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOWN","BK4211"],"gpt_icon":0},{"id":"2578464144","title":"TowneBank (TOWN): Valuation Insights Following Q3 Earnings Dip and Old Point Acquisition Impact","url":"https://stock-news.laohu8.com/highlight/detail?id=2578464144","media":"Simply Wall St.","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2578464144?lang=en_us&edition=fundamental","pubTime":"2025-10-27 16:13","pubTimestamp":1761552827,"startTime":"0","endTime":"0","summary":"TowneBank (TOWN) just posted its third-quarter earnings, and investors are digesting a mix of updates. Net income landed lower than last year, and the Old Point acquisition led to a sizable provision for credit losses.\nSee our latest analysis for TowneBank.\nTowneBank’s third-quarter results followed a year where the share price has recovered ground, now sitting at $33.70. While momentum has cooled recently with a 5.3% 1-month share price decline, the bank’s 1-year total shareholder return of...","market":"sg","thumbnail":"https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/banks/nasdaq-town/townebank/news/townebank-town-valuation-insights-following-q3-earnings-dip","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/banks/nasdaq-town/townebank/news/townebank-town-valuation-insights-following-q3-earnings-dip","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["OPOF","TOWN"],"gpt_icon":0},{"id":"2577311263","title":"TowneBank's Q3 revenue misses estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2577311263","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577311263?lang=en_us&edition=fundamental","pubTime":"2025-10-23 04:46","pubTimestamp":1761165966,"startTime":"0","endTime":"0","summary":"TowneBank's Q3 revenue misses estimatesOverviewTowneBank Q3 revenue misses analyst expectations, adjusted EPS beats estimatesTotal revenue increased 23.58% yr/yr, driven by acquisitions and partnershi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251022:nL1N3W312L:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","TOWN"],"gpt_icon":0},{"id":"2577311925","title":"Towne Bank Q3 Adj. EPS $0.83 Beats $0.78 Estimate, Sales $215.665M Miss $219.172M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2577311925","media":"Benzinga","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577311925?lang=en_us&edition=fundamental","pubTime":"2025-10-23 04:39","pubTimestamp":1761165584,"startTime":"0","endTime":"0","summary":"Towne Bank (NASDAQ:TOWN) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.78 by 6.41 percent. This is a 43.1 percent increase over earnings of $0.58 per share from the same","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/10/48367477/towne-bank-q3-adj-eps-0-83-beats-0-78-estimate-sales-215-665m-miss-219-172m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Towne Bank Q3 Adj. EPS $0.83 Beats $0.78 Estimate, Sales $215.665M Miss $219.172M Estimate","news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOWN"],"gpt_icon":0},{"id":"2577231927","title":"BRIEF-TowneBank Q3 EPS USD 0.51","url":"https://stock-news.laohu8.com/highlight/detail?id=2577231927","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577231927?lang=en_us&edition=fundamental","pubTime":"2025-10-23 04:30","pubTimestamp":1761165049,"startTime":"0","endTime":"0","summary":"BRIEF-TowneBank Q3 EPS USD 0.51\n\n\nOct 22 (Reuters) - TowneBank Q3 credit loss allowance USD 149.175 million.\n\nQ3 revenue USD 215.665 million vs. IBES estimate USD 217.8 million\nQ3 net income USD 39.294 million\nQ3 adjusted EPS USD 0.83 vs. IBES estimate USD 0.78","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251022:nPLX9ECD86:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","TOWN"],"gpt_icon":0},{"id":"2577319218","title":"TowneBank Q3 Credit Loss Allowance USD 149.175 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2577319218","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577319218?lang=en_us&edition=fundamental","pubTime":"2025-10-23 04:30","pubTimestamp":1761165004,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251022:nPLX9ECD86:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TOWN","BK4211"],"gpt_icon":0},{"id":"2577893687","title":"3 Stocks Including Extreme Networks Estimated Below Fair Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2577893687","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577893687?lang=en_us&edition=fundamental","pubTime":"2025-10-21 01:07","pubTimestamp":1760980076,"startTime":"0","endTime":"0","summary":"As the U.S. stock market experiences gains across major indices, with the Dow Jones, S&P 500, and Nasdaq all showing positive momentum, investors are keenly observing corporate earnings reports and inflation data that could influence future interest rate decisions. In this environment of cautious optimism and strategic positioning, identifying undervalued stocks like Extreme Networks can offer potential opportunities for those looking to invest in equities estimated below their fair value.","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/7013000-choice1-main-header/1585186561056"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/banks/nasdaq-town/townebank/news/3-stocks-including-extreme-networks-estimated-below-fair-val","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/banks/nasdaq-town/townebank/news/3-stocks-including-extreme-networks-estimated-below-fair-val","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4211","LU1720051017.SGD","LU1633808545.USD","COFS","TOWN","MSBI","LU0342679015.USD","NPCE","FA","BK4588","LU2065171311.SGD","LU2357305700.SGD","BK4116","LU1548497426.USD","TTD","CPAY","BK4082","BK4548","LU0348723411.USD","BK4150","BK4130","EXTR","LU2065169927.USD","BK4539","BK4009","LU2065171402.SGD","BK4007","BK4535","BK4585","ONB","RSI","LU1720051108.HKD","WIX","BK4020","BK4528","PAHC","LU2065170008.USD","BK4227","BK4613","BK4023","NBTB"],"gpt_icon":0},{"id":"2575233403","title":"XPEL And 2 Stocks That Could Be Trading Below Estimated Value","url":"https://stock-news.laohu8.com/highlight/detail?id=2575233403","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2575233403?lang=en_us&edition=fundamental","pubTime":"2025-10-13 19:08","pubTimestamp":1760353705,"startTime":"0","endTime":"0","summary":"As U.S.-China trade tensions flare up once more, major stock indexes have experienced notable declines, with the Nasdaq falling 3.6% and the S&P 500 down by 2.7% in a single session. In such volatile market conditions, identifying stocks that may be trading below their estimated value can offer potential opportunities for investors seeking to navigate the current economic landscape effectively.","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/8041000-choice1-main-header/1585186668959","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/8041000-choice1-main-header/1585186668959"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/software/nyse-pd/pagerduty/news/xpel-and-2-stocks-that-could-be-trading-below-estimated-valu","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/software/nyse-pd/pagerduty/news/xpel-and-2-stocks-that-could-be-trading-below-estimated-valu","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BLKB","LU1559883803.SGD","BK4566","LU1548497426.USD","LU1169590202.USD","LU1633808545.USD","BK4528","IE0009354923.USD","LU0342679015.USD","BK4183","BK4116","LU0979878070.USD","DCOM","LU1242518857.USD","LU1720051017.SGD","LU1169589451.USD","BK4124","NPCE","LU0566484027.USD","BK4588","LU1242518931.SGD","XPEL","AGNC","BK4613","PERF","BK4607","GKOS","LU2065731478.USD","BK4585","BK4561","LU1878469433.USD","BK4539","BK4211","TEAM","BK4023","CPAY","ELF","LU0053671581.USD","TOWN","WIX","LU2357305700.SGD","IE0009356076.USD","PD","LU1720051108.HKD","BK4532","BK4227","BK4110","BK4548","BK4082"],"gpt_icon":0},{"id":"2574292661","title":"KBW Sticks to Its Buy Rating for TowneBank (TOWN)","url":"https://stock-news.laohu8.com/highlight/detail?id=2574292661","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2574292661?lang=en_us&edition=fundamental","pubTime":"2025-10-10 17:15","pubTimestamp":1760087712,"startTime":"0","endTime":"0","summary":"In a report released today, Catherine Mealor from KBW maintained a Buy rating on TowneBank, with a price target of $42.00. The company’s shares clo...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/kbw-sticks-to-its-buy-rating-for-townebank-town-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/kbw-sticks-to-its-buy-rating-for-townebank-town-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["TOWN"],"gpt_icon":0},{"id":"2571139921","title":"Alt.town: Detected Wallet Unusual Activity, Deposit and Withdrawal Services Suspended","url":"https://stock-news.laohu8.com/highlight/detail?id=2571139921","media":"Blockbeats","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571139921?lang=en_us&edition=fundamental","pubTime":"2025-09-30 10:57","pubTimestamp":1759201020,"startTime":"0","endTime":"0","summary":"BlockBeats News, September 30th, Alt.town  announced that abnormal wallet activity was detected last night. The affected wallets have been immediately frozen, and Alt.town is collaborating with external security experts to conduct an emergency investigation and response. User assets have not been affected. As a preventive measure, deposit and withdrawal services will be suspended until the wallet migration is completed.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"theblockbeats_live","url":"https://www.theblockbeats.info//en/flash/314475","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.theblockbeats.info//en/flash/314475","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"theblockbeats_live","symbols":["BK6030","BK6505","TOWN","BK4211","1D1.SI"],"gpt_icon":0},{"id":"2571708888","title":"Alt.town Introduces $TOWN Token Utility Across Platform Services and Launches ValueFi Deposit Event","url":"https://stock-news.laohu8.com/highlight/detail?id=2571708888","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571708888?lang=en_us&edition=fundamental","pubTime":"2025-09-29 11:30","pubTimestamp":1759116605,"startTime":"0","endTime":"0","summary":"Panama City, Republic of Panama, September 29th, 2025, Chainwire Web3 creator growth platform Alt.town has officially enabled $TOWN token utility w...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/newswire/alt-town-introduces-town-token-utility-across-platform-services-and-launches-valuefi-deposit-event?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/newswire/alt-town-introduces-town-token-utility-across-platform-services-and-launches-valuefi-deposit-event?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4211","TOWN"],"gpt_icon":0},{"id":"2564338447","title":"Press Release: TowneBank Announces Completion of Old Point Financial Corporation Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2564338447","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2564338447?lang=en_us&edition=fundamental","pubTime":"2025-09-03 04:32","pubTimestamp":1756845120,"startTime":"0","endTime":"0","summary":"SUFFOLK, Va., Sept. 02, 2025  -- TowneBank  announced today the completion of its merger with Old Point Financial Corporation , the parent company of The Old Point National Bank of Phoebus  and Old Point Trust & Financial Services, N.A. . The merger, which included Old Point National Bank's merger into TowneBank, enhances TowneBank's position in the Hampton Roads MSA with the addition of a high-quality core deposit franchise.Following the merger, which was effective on September 1, 2025, Old Point National Bank locations will operate as \"Old Point National Bank, a Division of TowneBank\" until February 2026, when the core systems and operations of Old Point National Bank are scheduled to be converted into those of TowneBank. Old Point Wealth Management will continue to offer its products and services as an addition to the TowneBank family of companies.\"We are honored to welcome Old Point to the Towne family,\" said TowneBank executive chairman G. Robert Aston, Jr., \"and look forward to u","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4211","TOWN","OPOF"],"gpt_icon":0}],"pageSize":20,"totalPage":2,"pageCount":2,"totalSize":34,"code":"91000000","status":"200"}]}}