TowneBank
TOWN
Rank in Stocks
#4450
TowneBank functions as a comprehensive financial institution, delivering a wide... TowneBank functions as a comprehensive financial institution, delivering a wide array of retail and commercial banking services to individuals, businesses, and professionals. Its operations are structured across three primary divisions: Banking, Realty, and Insurance. Clients can establish diverse deposit accounts, such as checking accounts, standard savings, high-yield savings, certificates of deposit (CDs), and individual retirement accounts. The bank facilitates various lending solutions, including secured and unsecured personal loans for purchases like vehicles, home renovations, educational expenses, and individual investments. It also extends commercial loans designed for working capital, business growth, and the acquisition of equipment. Furthermore, TowneBank provides mortgage financing, encompassing general home loans and specialized loans for real estate acquisition, development, and construction. Beyond core lending and deposit offerings, TowneBank delivers practical services like safe deposit boxes, comprehensive treasury management, direct deposit for paychecks and government benefits, and automated transfers. Modern banking conveniences are also available through its online, mobile, and on-call platforms. Moreover, it supports investors with documentation for tax deferral, offers expertise in investment and asset management, and provides commercial mortgage brokerage. The institution also delivers a suite of financial planning services, including retirement and estate planning, and guides clients through diverse investment opportunities like alternative investments, annuities, margin accounts, convertible bonds, and pension and profit-sharing programs. Its realty division handles residential real estate services, including relocation assistance, property management, vacation rentals, and title and settlement processes. It also originates residential mortgage loans. Through its insurance arm, TowneBank furnishes various types of coverage, such as life, property, casualty, and auto insurance. It additionally administers employee benefits packages, encompassing health, dental, vision, and disability insurance. TowneBank maintains a regional presence across Richmond and the greater Hampton Roads area in southeastern Virginia, extending into northeastern North Carolina, Raleigh, Charlotte, Greensboro, and Greenville, North Carolina. Founded in 1998, TowneBank's corporate headquarters are situated in Portsmouth, Virginia.
Share Price
$37.83
Last synced: 2026-07-31
Market Cap
$3.49B
Change (1 day)
-1.01%
Change (1 year)
12.04%
Country
US
Trade TowneBank (TOWN)
Category
Financial Services
Operating Margin for TowneBank (TOWN)
Operating Margin as of October 2026 TTM: 31.08%
According to TowneBank latest financial reports and stock price the company's current Operating Margin (TTM) is 31.08%. At the end of 2024 the company had an Operating Margin of 18.59%.
Operating Margin history for TowneBank from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 31.08% | 48.99% |
| 2025 | 20.86% | 12.21% |
| 2024 | 18.59% | -5.92% |
| 2023 | 19.76% | -38.08% |
| 2022 | 31.91% | -21.07% |
| 2021 | 40.43% | 49.08% |
| 2020 | 27.12% | 3.51% |
| 2019 | 26.20% | -6.66% |
| 2018 | 28.07% | -6.37% |
| 2017 | 29.98% | 21.47% |
| 2016 | 24.68% | -12.11% |
| 2015 | 28.08% | 19.59% |
| 2014 | 23.48% | -0.47% |
| 2013 | 23.59% | 13.25% |
| 2012 | 20.83% | 9.69% |
| 2011 | 18.99% | 2.70% |
| 2010 | 18.49% | 7.75% |
| 2009 | 17.16% | 2.14% |
| 2008 | 16.80% | -4.98% |
| 2007 | 17.68% | -12.17% |
| 2006 | 20.13% | -8.62% |
| 2005 | 22.03% | 1.85% |
| 2004 | 21.63% | 21.04% |
| 2003 | 17.87% | 14.92% |
| 2002 | 15.55% | -50.40% |
| 2001 | 31.35% | -123.38% |
| 2000 | -134.11% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
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What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.