TOWN Live signals | Maximize Profits with Getagraph.com

SELL 99573 min ago

@ $27.16

Issued: 14 Feb 2024 @ 09:30

Return: 2.74%

Previous signal: Feb 12 - 16:00

Previous signal: Buy

Return: -3.52 %

Live Chart Being Loaded With Signals

Commentary (23 Apr 2024 @ 14:01):

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance...

Stats
Today's Volume	134 193
Average Volume	254 011
Market Cap	2.03B
EPS	$0 ( 2024-01-25 )
Next earnings date	( $0.470 ) 2024-04-25
Last Dividend	$0.250 ( 2023-09-28 )
Next Dividend	$0 ( N/A )
P/E	13.55
ATR14	$0.0160 (0.06%)

Volume Correlation

Long: -0.07 (neutral)

Short: -0.81 (strong negative)

Signal:(55.145) Neutral

Towne Bank Correlation

10 Most Positive Correlations
MXIM	0.859
MVST	0.808
NVX	0.806
WABC	0.806
WLTW	0.802

10 Most Negative Correlations
IKNX	-0.863
MAGS	-0.812
APOP	-0.809

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Towne Bank Correlation - Currency/Commodity

-0.28
( neutral )

0.56
( weak )

0.00
( neutral )

-0.56
( weak negative )

0.00
( neutral )

0.69
( moderate )

Towne Bank Financials

Annual	2023
Revenue:	$941.58M
Gross Profit:	$941.58M (100.00 %)
EPS:	$2.06

Q4	2023
Revenue:	$231.94M
Gross Profit:	$231.94M (100.00 %)
EPS:	$0.390

Q3	2023
Revenue:	$172.86M
Gross Profit:	$172.86M (100.00 %)
EPS:	$0.600

Q2	2023
Revenue:	$181.57M
Gross Profit:	$181.57M (100.00 %)
EPS:	$0.560

Financial Reports:

No articles found.

Towne Bank Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.230 (N/A)	$0.230 (N/A)	$0.230 (N/A)	$0.250 (N/A)	$0.250 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

Towne Bank Dividend Information - Dividend Knight

Dividend Sustainability Score: 7.93 - good (79.33%) | Divividend Growth Potential Score: 5.00 - Stable (0.07%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.0314	2003-04-23
Last Dividend	$0.250	2023-09-28
Next Dividend	$0	N/A
Payout Date	2023-10-13
Next Payout Date	N/A
# dividends	72	--
Total Paid Out	$9.39	--
Avg. Dividend % Per Year	1.82%	--
Score	4.89	--
Div. Sustainability Score	7.93
Div.Growth Potential Score	5.00
Div. Directional Score	6.46	--

Next Divdend (Est)
(2024-05-29)

$0.255 Estimate 21.48 %

Dividend Stability

0.57 Average

Dividend Score

4.89

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2003	$0.0314	0.31%
2004	$0.0628	0.40%
2005	$0.123	0.61%
2006	$0.514	2.76%
2007	$0.311	1.63%
2008	$0.311	1.99%
2009	$0.311	1.28%
2010	$0.311	2.73%
2011	$0.311	1.95%
2012	$0.328	2.66%
2013	$0.380	2.38%
2014	$0.430	2.86%
2015	$0.470	3.06%
2016	$0.510	2.48%
2017	$0.550	1.67%
2018	$0.620	2.03%
2019	$0.700	2.88%
2020	$0.720	2.59%
2021	$0.780	3.37%
2022	$0.890	2.78%
2023	$0.730	2.39%
2024	$0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NASDAQ

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
PSEC	Dividend Royal	2023-12-26	Monthly	21	7.04%	8.50
SLVO	Dividend Royal	2023-11-20	Monthly	12	10.77%	8.50
QYLD	Dividend Royal	2023-11-20	Monthly	11	7.50%	8.50
OXSQ	Dividend Diamond	2023-12-14	Monthly	21	9.10%	8.50
GAIN	Dividend Royal	2023-12-04	Monthly	20	8.19%	8.50
GLDI	Dividend Royal	2023-11-20	Monthly	12	7.15%	8.50
OXLC	Dividend Royal	2023-12-14	Monthly	14	10.00%	8.50
HRZN	Dividend King	2023-12-18	Monthly	15	6.60%	8.45
USOI	Dividend Royal	2023-11-20	Monthly	8	16.70%	8.28
PFLT	Dividend King	2023-11-15	Monthly	14	6.50%	8.27

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.199	1.500	6.01	9.02	[0 - 0.5]
returnOnAssetsTTM	0.00913	1.200	9.70	10.00	[0 - 0.3]
returnOnEquityTTM	0.0773	1.500	-0.252	-0.379	[0.1 - 1]
payoutRatioTTM	0.464	-1.000	5.36	-5.36	[0 - 1]
currentRatioTTM	0.101	0.800	-4.49	-3.59	[1 - 3]
quickRatioTTM	0.293	0.800	-2.98	-2.39	[0.8 - 2.5]
cashRatioTTM	0.101	1.500	-0.548	-0.822	[0.2 - 2]
debtRatioTTM	0.0293	-1.500	9.51	-10.00	[0 - 0.6]
interestCoverageTTM	1.111	1.000	-0.700	-0.700	[3 - 30]
operatingCashFlowPerShareTTM	2.16	2.00	9.28	10.00	[0 - 30]
freeCashFlowPerShareTTM	1.567	2.00	9.22	10.00	[0 - 20]
debtEquityRatioTTM	0.241	-1.500	9.03	-10.00	[0 - 2.5]
grossProfitMarginTTM	1.000	1.000	10.00	10.00	[0.2 - 0.8]
operatingProfitMarginTTM	0.251	1.000	6.97	6.97	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.327	1.000	9.29	9.29	[0.2 - 2]
assetTurnoverTTM	0.0458	0.800	-3.03	-2.42	[0.5 - 2]
Total Score				7.93

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	12.81	1.000	8.81	0	[1 - 100]
returnOnEquityTTM	0.0773	2.50	-0.162	-0.379	[0.1 - 1.5]
freeCashFlowPerShareTTM	1.567	2.00	9.48	10.00	[0 - 30]
dividendYielPercentageTTM	3.80	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	2.16	2.00	9.28	10.00	[0 - 30]
payoutRatioTTM	0.464	1.500	5.36	-5.36	[0 - 1]
pegRatioTTM	0.126	1.500	-2.49	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.209	1.000	7.27	0	[0.1 - 0.5]
Total Score				5.00

Towne Bank

TowneBank provides retail and commercial banking services for individuals, commercial enterprises, and professionals. The company operates through three segments: Banking, Realty, and Insurance. It accepts various deposits, including demand deposits, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts. The company also offers secured and unsecured personal loans for financing automobiles, home improvements, education, and personal investments; commercial loans for working capital, business expansion, and equipment and machinery purchases; and mortgage loans, as well as real estate acquisition, development, and construction loans. In addition, it provides other services, such as safe deposit boxes, treasury management services, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as online, mobile, and on-call banking services. Further, the company offers documentation services to accomplish tax deferral to investors; investment and asset management services; commercial mortgage brokerage services; and other financial services, such as financial, retirement, and estate planning services, as well as assistance on various investment options comprising alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing plans. Additionally, it provides residential real estate, relocation, property management, vacations rental, and title and settlement services; and originates residential mortgage loans. The company also offers life, property, casualty, and vehicle insurance services; and employee benefit programs, such as health, dental, vision, and disability insurance. It operates in Richmond, Virginia, the Greater Hampton Roads region in southeastern Virginia, northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. TowneBank was incorporated in 1998 and is headquartered in Portsmouth, Virginia.

Realtime updates for Towne Bank [TOWN]

Upcoming Earnings Alert

Towne Bank Dividend Information - Dividend Knight

Dividend Commentary

Top 10 dividend Companies for NASDAQ

Dividend Sustainability Score (DSS)

Dividend Growth Score (DGS)