Symbols

TOWN

Towne Bank·NASDAQ

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TOWN Profile

Towne Bank

The bank holding company of TowneBank, which operates throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina

Industry

Commercial Bank

Established Date

09/01/1998

Listing Date

Exchange

NASDAQ Stock Exchange

Full-time Employees

2,976

Fiscal Year Ends

12-31

Website

www.townebank.com

Security Type

Common stock

Office address

5716 High Street, Portsmouth, VA 23703

Business

Introduction

Towne Bank was incorporated on September 1, 1998 under the laws of the Commonwealth of Virginia. Emphasizing the financial needs of individuals, business enterprises and professionals, the company provides retail and commercial banking services in different markets in Virginia, North Carolina and South Carolina. In addition to diversified financial services, he provides investment and asset management services and originates mortgage loans, most of which are sold to investors in the national secondary market.