TOWN
TowneBankFinancial Services·Banks - Regional
$34.07
$2.6B market cap
Revenue
$515.7M
Free Cash Flow
$129.1M
Rev Growth
+0.0%
FCF Margin
25.0%
P/FCF
20.2x
EV/FCF
23.4x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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; commer
2-Year Price History
$34.63+38.4%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 260.5 | 50.2 | 50.2 | 41.0 | 40.5 | 26.9 | -13.6 | 95.5 | 512.5 | 90.8 | 9.1% | 0.7x | -- |
| Act | 2025-Q4 | 255.1 | 53.5 | 53.5 | 40.6 | 117.4 | 102.3 | -15.1 | 253.5 | 371.1 | 79.1 | 14.1% | 0.8x | -- |
Valuation & Metrics
Market Stats
Price$34.07
Market Cap$2.6B
Enterprise Value$3.0B
P/S Ratio5.0x
P/FCF20.2x
EV/FCF23.4x
FCF Margin (TTM)25.0%
FCF Yield5.0%
Dividend Yield (TTM)6.0%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$515.7M
Net Income$81.6M
Free Cash Flow$129.1M
Revenue Growth (YoY)+0.0%
EBITDA Margin20.1%
Net Margin15.8%
FCF Margin25.0%
CapEx % of Revenue5.6%
SBC % of Revenue0.5%
ROIC11.6%
WC Change % Rev0.0%
Interest Coverage0.7x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares2.1M
Days to Cover4.5
Change (vs Prior)+8.1%
Need at least 2 settlement dates for chart
Employees
Headcount2,704
Revenue / Employee$190,706
Gross Profit / Employee$135,478
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
37.8%(+10.1% YoY)
269 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
32.7%(+4.9% YoY)
11 filers
Vanguard, iShares, SPDR
Market makers
0.4%(-0.0% YoY)
5 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $210M | $31.23 | +$27.1M | +$26.8M | -0.2% | $5.69T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $164M | $33.01 | +$161M | +$164M | — | $1.91T |
| T. Rowe Price Investment Management, Inc. | $155M | $25.12 | +$21.0M | +$6.8M | -1.3% | $145.22B |
| DIMENSIONAL FUND ADVISORS LPPassive | $148M | $25.29 | +$2.0M | +$2.4M | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $131M | $33.01 | +$129M | +$131M | — | $4.04T |
| STATE STREET CORPPassive | $86.8M | $28.42 | +$13.8M | +$20.5M | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $73.7M | $28.88 | +$12.5M | +$15.5M | +2.3% | $1.61T |
| VICTORY CAPITAL MANAGEMENT INC | $66.5M | $30.22 | −$4.1M | −$20.5M | -0.2% | $156.12B |
| BROWN ADVISORY INC | $51.9M | $32.84 | +$837K | +$50.4M | -0.5% | $60.79B |
| Patriot Financial Partners GP II, L.P. | $51.1M | $33.01 | +$50.1M | +$51.1M | +6.2% | $388M |
| JANUS HENDERSON GROUP PLC | $44.3M | $28.28 | +$20.1M | +$18.0M | +1.2% | $209.29B |
| Capital International Investors | $37.4M | $33.01 | +$36.6M | +$37.4M | +0.4% | $424.78B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $31.5M | $27.94 | +$4.1M | +$3.9M | +0.7% | $645.81B |
| ROYCE & ASSOCIATES LP | $26.8M | $28.58 | +$1.7M | +$7.4M | -0.9% | $10.09B |
| NORTHERN TRUST CORPPassive | $26.1M | $31.35 | +$4.6M | +$3.5M | -0.2% | $755.34B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $21.0M | $27.22 | −$796K | +$3.0M | +0.1% | $184.72B |
| RENAISSANCE TECHNOLOGIES LLC | $19.9M | $27.72 | −$2.9M | −$3.0M | +1.2% | $63.91B |
| FJ Capital Management LLC | $18.8M | $33.00 | +$12.5M | +$18.8M | -0.8% | $888M |
| VANGUARD FIDUCIARY TRUST COPassive | $18.6M | $33.01 | +$18.2M | +$18.6M | — | $395.83B |
| BANK OF AMERICA CORP /DE/ | $17.2M | $30.81 | +$4.1M | +$6.4M | -0.1% | $1.36T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+0.12%
avg per quarter
Holders (ex-self)
+0.14%
excl. this stock
Buyers (this Q)
+1.15%
173 buyers · $0.66B in
Sellers (this Q)
-0.15%
67 sellers · $0.06B out
alpha coverage: 83% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+0.6%
how holders react when this stock falls
On quiet Qs
+3.1%
−10% to +10% baseline
On rallies (+10%+)
-5.0%
how they react when this stock rises
Holders' portfolio flow this Q
-0.2%
outflows — trims may be forced
Sellers' portfolio flow this Q
+1.4%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.4%
Holder mid (any stock)
-3.0%
Holder rally (any stock)
-5.0%
Biggest decreases this quarter
MILLENNIUM MANAGEMENT LLCexited−$11.0MPoint72 Asset Management, L.P.exited−$6.1MVICTORY CAPITAL MANAGEMENT INC−$4.1Mα-0.2RENAISSANCE TECHNOLOGIES LLC−$2.9Mα+1.2F/m Investments LLCexited−$2.9MJANE STREET GROUP, LLCexited−$2.7MSEIZERT CAPITAL PARTNERS, LLCexited−$2.0MY-Intercept (Hong Kong) Ltdexited−$1.5MEngineers Gate Manager LPexited−$1.2MCampbell & CO Investment Adviser LLCexited−$1.0M
New buyers this quarter
Top-5 holders · 43.1%
BlackRock, Inc.--
VANGUARD PORTFOLIO MANAGEMENT LLC--
T. Rowe Price Investment Management, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
T. Rowe Price Investment Management, Inc.4.6MPRICE T ROWE ASSOCIATES INC /MD/110KVICTORY CAPITAL MANAGEMENT INC2.0MNUANCE INVESTMENTS, LLC—GOLDMAN SACHS GROUP INC409KBROWN ADVISORY INC1.5MPatriot Financial Partners GP II, L.P.1.5MAMERICAN CENTURY COMPANIES INC388KJANUS HENDERSON GROUP PLC1.3MCapital International Investors1.1M
Analyst Coverage
Analyst Coverage
Analyst Ratings
2
4
Buy: 2Hold: 4Consensus: Hold
Corporate
Order Flow (FINRA, ~3w lag)
14.1%retail-0.3pp
24.0%dark+4.8pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.