Last quarter (Q3 2024), TowneBank's total revenue was $174.52M, an increase of 0.95% from the same quarter last year. In Q3, TowneBank's net income was $42.95M. See TowneBank’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 672.14M	$ 694.12M	$ ―	$ ―	$ 563.24M	$ 532.00M
Cost of Revenue	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Gross Profit	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Income	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Non Operating Interest Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Other Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Pretax Income	$ 173.47M	$ 186.22M	$ 279.83M	$ 201.33M	$ 176.27M	$ 172.00M
Tax Provision	$ 23.64M	$ 31.09M	$ 54.80M	$ 31.90M	$ 32.60M	$ 34.23M
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ 149.30M	$ 153.72M	$ 215.38M	$ 145.53M	$ 138.78M	$ 133.79M
Basic EPS	$ 1.99	$ 2.06	$ 2.97	$ 2.01	$ 1.93	$ 1.88
Diluted EPS	$ 1.99	$ 2.06	$ 2.97	$ 2.01	$ 1.92	$ 1.88
Basic Average Shares	$ 299.46M	$ 74.65M	$ 72.48M	$ 72.29M	$ 72.06M	$ 71.15M
Diluted Average Shares	$ 299.95M	$ 74.66M	$ 72.56M	$ 72.35M	$ 72.19M	$ 71.29M
Dividend Per Share	$ 1.00	$ 0.98	$ 0.78	$ 0.70	$ 0.70	$ 0.62
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income From Continuing And Discontinued Operation	$ 149.30M	$ 153.72M	$ 215.38M	$ 145.53M	$ 138.78M	$ 133.79M
Normalized Income	$ 164.86M	$ 136.87M	$ ―	$ ―	$ 146.93M	$ 144.63M
Interest Expense	$ 330.32M	$ 247.46M	$ 41.08M	$ 80.02M	$ 109.47M	$ 80.75M
EBIT	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBITDA	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―

Currency in USD

TowneBank Earnings and Revenue History

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