TOWNE BANK overview

INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of Paragon Commercial Corporation to TowneBank is Fair to Shareholders -- PBNC PR Newswire NEW YORK, May 2, 2017 NEW YORK , May 2, 2017 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Paragon Commercial Corporation ("Paragon") (NASDAQ: PBNC) stock prior to April 26, 2017 . You are hereby notified that Levi & Korsinsky has commenced an...

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SUFFOLK, Va., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the “Bank” or “Company”) (NASDAQ:TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2016. Record Earnings for Full Year 2016 The Bank reported record annual earnings of $67.25 million for the year ended December 31, 2016, as compared to the $62.38 million reported in 2015, representing a 7.80% increase. Fully diluted earnings per share were $1.18 per share...

VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global ......

SUFFOLK, Va., Nov. 23, 2016 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (NASDAQ:TOWN) announced today that its Board of Directors on November 23, 2016 declared its fourth quarter shareholder cash dividend of $0.13 per common share payable on January 12, 2017 to shareholders of record on December 30, 2016. The amount and declaration of future cash dividends are subject to Board of Directors’ approval in addition to regulatory restrictions. About TowneBank: As one of the top community...

SUFFOLK, Va., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Hampton Roads based TowneBank (the “Bank” or “Company”) (NASDAQ:TOWN) today reported financial results for the quarter and nine months ended September 30, 2016. Earnings for the quarter ended September 30, 2016 increased 37.63% to a record $24.18 million compared to $17.57 million for the same quarter in 2015. Fully diluted earnings per share were $0.39 compared to $0.34 for the third quarter of 2015. Earnings in the third quarter of 2016...