TowneBank (TOWN) News Today $31.63 +1.23 (+4.05%) Closing price 04/9/2025 04:00 PM EasternExtended Trading$31.62 -0.01 (-0.03%) As of 04/9/2025 04:19 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesOptions ChainOwnershipShort InterestTrendsBuy This Stock All Sources Trusted Sources MarketBeat Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent April 2025 March 2025 February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 Time Period Wellington Management Group LLP Acquires Shares of 672,170 TowneBank (NASDAQ:TOWN)Wellington Management Group LLP bought a new position in shares of TowneBank (NASDAQ:TOWN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 672,170 shares of the bank's stock, valued at approximately $22,894April 9 at 4:22 AM | marketbeat.comOld Point Financial Announces Merger with TowneBankApril 7 at 5:07 PM | tipranks.comTowneBank (NASDAQ:TOWN) Upgraded to "Outperform" at Hovde GroupApril 7 at 1:31 AM | americanbankingnews.comTowneBank (NASDAQ:TOWN) Raised to Outperform at Hovde GroupHovde Group raised shares of TowneBank from a "market perform" rating to an "outperform" rating and dropped their price objective for the company from $39.00 to $38.00 in a research report on Friday.April 6, 2025 | marketbeat.comVanguard Group Inc. Boosts Stock Position in TowneBank (NASDAQ:TOWN)Vanguard Group Inc. raised its stake in shares of TowneBank (NASDAQ:TOWN - Free Report) by 0.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,482,171 shares of the bank's stock after acquiring an additional 49,970April 6, 2025 | marketbeat.comTowneBank upgraded to Outperform from Market Perform at Hovde GroupApril 5, 2025 | markets.businessinsider.comVirginia banks to combine in $203M dealApril 5, 2025 | finance.yahoo.comArrowstreet Capital Limited Partnership Sells 187,327 Shares of TowneBank (NASDAQ:TOWN)Arrowstreet Capital Limited Partnership decreased its holdings in shares of TowneBank (NASDAQ:TOWN - Free Report) by 24.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 584,285 shares of the bank's stoApril 5, 2025 | marketbeat.comKLP Kapitalforvaltning AS Buys New Holdings in TowneBank (NASDAQ:TOWN)KLP Kapitalforvaltning AS purchased a new position in shares of TowneBank (NASDAQ:TOWN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,100 shares of the bank's stock, valued at approxiApril 5, 2025 | marketbeat.comTowneBank seals deal to acquire Virginia’s Old Point for $203mApril 4, 2025 | finance.yahoo.comTowneBank and Old Point merge, creating $19.5 billion asset groupApril 4, 2025 | msn.comTowneBank, Old Point Financial sign definitive merger agreementApril 3, 2025 | markets.businessinsider.comTowneBank to Buy Old Point Financial for $203 MillionApril 3, 2025 | marketwatch.comTowneBank merges with Hampton-based Old Pointe Financial CorporationApril 3, 2025 | msn.comTowneBank plans to acquire, merge with Old Point in $203 million dealApril 3, 2025 | msn.comTowneBank to acquire, merge with Old Point Financial Corp.April 3, 2025 | yahoo.comTowneBank to acquire Old Point Financial for a transaction value of ~$203MApril 3, 2025 | seekingalpha.comTowneBank (TOWN) to Acquire Old Point Financial for $203 MillionApril 3, 2025 | gurufocus.comTowneBank Announces Acquisition of Old Point Financial CorporationApril 3, 2025 | gurufocus.comTowneBank and Old Point Financial Corporation Announce Agreement to MergeApril 3, 2025 | globenewswire.comVillage Bank completes merger with TowneBankApril 3, 2025 | uk.investing.comTowneBank announces completion of Village Bank, Trust Financial mergerApril 2, 2025 | markets.businessinsider.comVillage Bank Merges with TowneBank, Delists from NasdaqApril 1, 2025 | tipranks.comTowneBank Announces Completion of Village Bank and Trust Financial Corp. MergerApril 1, 2025 | globenewswire.comTowneBank (NASDAQ:TOWN) Shares Sold by American Century Companies Inc.American Century Companies Inc. lowered its position in TowneBank (NASDAQ:TOWN - Free Report) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 761,609 shares of the bank's stock after selling 25,335 shares during the period. AmericanMarch 31, 2025 | marketbeat.comQuantbot Technologies LP Invests $302,000 in TowneBank (NASDAQ:TOWN)Quantbot Technologies LP acquired a new stake in shares of TowneBank (NASDAQ:TOWN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,866 shares of the bank's stockMarch 30, 2025 | marketbeat.comTeacher Retirement System of Texas Raises Stake in TowneBank (NASDAQ:TOWN)Teacher Retirement System of Texas increased its stake in TowneBank (NASDAQ:TOWN - Free Report) by 31.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,790 shares of the bank's stock after buying an additional 8,335 sMarch 30, 2025 | marketbeat.comHere's What We Like About TowneBank's (NASDAQ:TOWN) Upcoming DividendMarch 27, 2025 | finance.yahoo.comBay Capital Advisors LLC Purchases New Stake in TowneBank (NASDAQ:TOWN)Bay Capital Advisors LLC bought a new stake in shares of TowneBank (NASDAQ:TOWN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,646 shares of the bank's stock, valued at approximateMarch 26, 2025 | marketbeat.comMeet Queen Neptune: Virginia Beach festival names first female ceremonial leaderMarch 23, 2025 | msn.comKBW Reaffirms Their Buy Rating on TowneBank (TOWN)March 21, 2025 | markets.businessinsider.comRaymond James Financial Inc. Takes $14.12 Million Position in TowneBank (NASDAQ:TOWN)Raymond James Financial Inc. bought a new stake in TowneBank (NASDAQ:TOWN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 414,636 shares of the bank's stock, valued at approximately $14,122,March 19, 2025 | marketbeat.comTowneBank (NASDAQ:TOWN) Stake Trimmed by AlphaQuest LLCAlphaQuest LLC lowered its stake in TowneBank (NASDAQ:TOWN - Free Report) by 86.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,730 shares of the bank's stock after selling 30,485 shares during thMarch 18, 2025 | marketbeat.comShort Interest in TowneBank (NASDAQ:TOWN) Rises By 33.5%TowneBank (NASDAQ:TOWN - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 888,800 shares, an increase of 33.5% from the February 13th total of 665,900 shares. Based on an average daily volume of 230,600 shares, the short-interest ratio is currently 3.9 days. Approximately 1.3% of the shares of the company are short sold.March 17, 2025 | marketbeat.comRoyce & Associates LP Buys 52,236 Shares of TowneBank (NASDAQ:TOWN)Royce & Associates LP raised its stake in TowneBank (NASDAQ:TOWN - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 538,053 shares of the bank's stock after purchasing an aMarch 17, 2025 | marketbeat.comBank of New York Mellon Corp Acquires 88,277 Shares of TowneBank (NASDAQ:TOWN)Bank of New York Mellon Corp lifted its holdings in TowneBank (NASDAQ:TOWN - Free Report) by 19.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 537,845 shares of the bank's stock after acquiring an additiMarch 12, 2025 | marketbeat.comTowneBank and Village Bank and Trust Financial Corp. Receive Regulatory Approvals for MergerMarch 11, 2025 | globenewswire.comSteward Partners Investment Advisory LLC Increases Stock Position in TowneBank (NASDAQ:TOWN)Steward Partners Investment Advisory LLC raised its position in TowneBank (NASDAQ:TOWN - Free Report) by 775.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,458 shares of the bank's stock after buying an additional 59,750 shaMarch 8, 2025 | marketbeat.comVictory Capital Management Inc. Has $73.41 Million Stake in TowneBank (NASDAQ:TOWN)Victory Capital Management Inc. increased its position in shares of TowneBank (NASDAQ:TOWN - Free Report) by 9.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,155,201 shares of the bank's stock afterMarch 7, 2025 | marketbeat.comTowneBank (NASDAQ:TOWN) Is Paying Out A Dividend Of $0.25March 2, 2025 | finance.yahoo.comTowneBank (NASDAQ:TOWN) Declares Quarterly Dividend of $0.25TowneBank (NASDAQ:TOWN) announced a quarterly dividend on Wednesday, February 26th. Shareholders of record on Monday, March 31st will be given a dividend of 0.25 per share by the bank on Friday, April 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.81%.February 27, 2025 | marketbeat.comTowneBank Announces Quarterly Cash DividendFebruary 26, 2025 | markets.businessinsider.comTowneBank (TOWN) Declares First-Quarter Cash DividendFebruary 26, 2025 | gurufocus.comTowneBank Announces Quarterly Cash DividendFebruary 26, 2025 | investing.comTowneBank Announces Quarterly Cash DividendFebruary 26, 2025 | globenewswire.comTull Financial Group Inc. Takes Position in TowneBank (NASDAQ:TOWN)Tull Financial Group Inc. bought a new stake in shares of TowneBank (NASDAQ:TOWN - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,786 shares of the bank's stock, valued at approximately $February 25, 2025 | marketbeat.comRedmond Asset Management LLC Takes Position in TowneBank (NASDAQ:TOWN)Redmond Asset Management LLC acquired a new stake in shares of TowneBank (NASDAQ:TOWN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,607 shares of the bank's stock, valued at approximately $463,000. Several other institutional invesFebruary 23, 2025 | marketbeat.comEmpowered Funds LLC Sells 189,252 Shares of TowneBank (NASDAQ:TOWN)Empowered Funds LLC lowered its stake in shares of TowneBank (NASDAQ:TOWN - Free Report) by 84.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,990 shares of the bank's stock after selling 189,252 shares during tFebruary 17, 2025 | marketbeat.comTowneBank (NASDAQ:TOWN) Short Interest UpdateTowneBank (NASDAQ:TOWN - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 638,700 shares, a decrease of 19.1% from the January 15th total of 789,400 shares. Based on an average daily trading volume, of 246,300 shares, the days-to-cover ratio is presently 2.6 days.February 16, 2025 | marketbeat.comLightrock Netherlands B.V. Purchases New Holdings in TowneBank (NASDAQ:TOWN)Lightrock Netherlands B.V. purchased a new stake in TowneBank (NASDAQ:TOWN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 197,096 shares of the bank's stock, valued at approFebruary 11, 2025 | marketbeat.com Remove Ads Get TowneBank News Delivered to You Automatically Sign up to receive the latest news and ratings for TOWN and its competitors with MarketBeat's FREE daily newsletter. Email Address TOWN Media Mentions By Week TOWN Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. TOWN News Sentiment▼0.490.89▲Average Finance News Sentiment TOWN News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. TOWN Articles This Week▼233▲TOWN Articles Average Week Remove Ads Get TowneBank News Delivered to You Automatically Sign up to receive the latest news and ratings for TOWN and its competitors with MarketBeat's FREE daily newsletter. 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