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TowneBank provides retail and commercial banking services to the individuals and small & medium size businesses. It offers full range of banking and related financial services. Read More It operates through the following segments: Banking, Realty, and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers. It also includes commercial mortgage brokerage and a variety of investment & asset management services. The Realty segment provides residential real estate services and originations of a variety of mortgage loans. It also provides resort property management and residential and commercial title insurance. The Insurance segment provides individual and business members with a wide array of insurance products, including life, property, casualty, travel, and vehicle insurance, as well as employee and group benefits. The company was founded by R. Scott Morgan on September 3, 1998 and is headquartered in Portsmouth, VA.
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Seeking AlphaMay 22
TowneBank declares $0.18 dividend
TowneBank (NASDAQ:TOWN) declares $0.18/share quarterly dividend, 12.5% increase from prior dividend of $0.16. Forward yield 2.76% Payable July 10; for shareholders of record June 28; ex-div June 27. See TOWN Dividend Scorecard, Yield Chart, & Dividend Growth....
Yahoo FinanceMay 1
Here’s What Hedge Funds Think About TowneBank (TOWN)
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the big brokerage houses don’t follow.
Expected Jul 25, Pre-Market