TOWN
TowneBank
NASDAQ · Financial Services · Banks - Regional · US
$37.46
+0.13%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.3B | 1.0B | 1.0B | 942.5M | 742.9M |
| Cost of Revenue | 312.2M | 306.6M | 331.4M | 266.1M | 65.2M |
| Gross Profit | 987.9M | 701.3M | 692.5M | 676.4M | 677.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 405.3M | 377.7M | 321.5M | 305.2M | 279.9M |
| General & Admin Expense | 401.6M | 377.7M | 305.9M | 289.8M | 263.9M |
| Selling & Marketing Expense | 3.8M | — | 15.6M | 15.4M | 16.0M |
| Other Expenses | 178.6M | 113.4M | 181.1M | 185.0M | 160.8M |
| Total Operating Expenses | 583.9M | 491.1M | 502.7M | 490.2M | 440.7M |
| Cost and Expenses | 896.0M | 797.7M | 834.0M | 756.3M | 505.9M |
| Operating Income (EBIT) | 404.1M | 210.2M | 190.4M | 186.2M | 237.1M |
| Non-Operating | |||||
| Interest Income | 960.1M | 846.3M | 774.5M | 705.2M | 517.9M |
| Interest Expense | 296.1M | 282.7M | 331.9M | 247.5M | 56.6M |
| Net Interest Income | 664.0M | 563.6M | 442.6M | 457.8M | 461.4M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 404.1M | 210.2M | 190.4M | 186.2M | 237.1M |
| Income Tax Expense | 89.2M | 39.4M | 27.6M | 31.1M | 46.6M |
| Bottom Line | |||||
| Net Income | 313.8M | 169.5M | 161.8M | 153.7M | 189.0M |
| Earnings from Cont. Ops | 314.9M | 170.8M | 162.7M | 155.1M | 190.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 313.8M | 169.5M | 161.8M | 153.7M | 189.0M |
| Per Share | |||||
| Basic EPS | $3.57 | $2.22 | $2.16 | $2.06 | $2.60 |
| Diluted EPS | $3.56 | $2.21 | $2.15 | $2.06 | $2.60 |
| Revenue Per Share | $14.11 | $13.14 | $13.67 | $12.63 | $10.24 |
| Shares | |||||
| Basic Shares Outstanding | 92.2M | 76.7M | 74.9M | 74.6M | 72.6M |
| Diluted Shares Outstanding | 92.5M | 76.8M | 75.2M | 74.7M | 72.6M |
| Profitability Metrics | |||||
| EBITDA | 439.1M | 250.4M | 225.5M | 220.4M | 265.7M |
| D&A | 35.1M | 40.2M | 35.1M | 34.2M | 28.7M |
| EBIT | 404.1M | 210.2M | 190.4M | 186.2M | 237.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026