Towne Bank Stock Beta
| TOWN Stock | USD 26.92 0.23 0.85% |
Towne Bank fundamentals help investors to digest information that contributes to Towne Bank's financial success or failures. It also enables traders to predict the movement of Towne Stock. The fundamental analysis module provides a way to measure Towne Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Towne Bank stock.
Towne | Beta |
Towne Bank Company Beta Analysis
Towne Bank's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Towne Bank Beta | 0.9 |
Most of Towne Bank's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Towne Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Towne Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Towne Bank is extremely important. It helps to project a fair market value of Towne Stock properly, considering its historical fundamentals such as Beta. Since Towne Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Towne Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Towne Bank's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Towne Bank has a Beta of 0.896. This is 9.27% higher than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Towne Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Towne Bank's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Towne Bank could also be used in its relative valuation, which is a method of valuing Towne Bank by comparing valuation metrics of similar companies.Towne Bank is currently under evaluation in beta category among related companies.
Towne Bank Institutional Holders
Institutional Holdings refers to the ownership stake in Towne Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Towne Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Towne Bank's value.| Shares | Renaissance Technologies Corp | 2023-12-31 | 628.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 506.6 K | Chartwell Investment Partners, Llc | 2023-12-31 | 442.2 K | Nuveen Asset Management, Llc | 442 K | Ameriprise Financial Inc | 2023-12-31 | 436.7 K | Norges Bank | 2023-12-31 | 364.6 K | Jpmorgan Chase & Co | 2023-12-31 | 356.8 K | Lsv Asset Management | 2023-12-31 | 353.3 K | Bank Of America Corp | 2023-12-31 | 349.9 K | Vanguard Group Inc | 2023-12-31 | 7.4 M | Blackrock Inc | 2023-12-31 | 5.9 M |
Towne Bank returns are very sensitive to returns on the market. As the market goes up or down, Towne Bank is expected to follow.
Towne Fundamentals
| Return On Equity | 0.0749 | ||||
| Return On Asset | 0.009 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 2.12 B | ||||
| Shares Outstanding | 74.99 M | ||||
| Shares Owned By Insiders | 1.66 % | ||||
| Shares Owned By Institutions | 54.97 % | ||||
| Number Of Shares Shorted | 524.6 K | ||||
| Price To Earning | 12.43 X | ||||
| Price To Book | 0.97 X | ||||
| Price To Sales | 2.93 X | ||||
| Revenue | 941.58 M | ||||
| Gross Profit | 677.14 M | ||||
| EBITDA | 12.73 M | ||||
| Net Income | 155.14 M | ||||
| Cash And Equivalents | 109.98 M | ||||
| Cash Per Share | 1.53 X | ||||
| Total Debt | 492.58 M | ||||
| Debt To Equity | 0.05 % | ||||
| Book Value Per Share | 27.70 X | ||||
| Cash Flow From Operations | 161.3 M | ||||
| Short Ratio | 1.82 X | ||||
| Earnings Per Share | 2.06 X | ||||
| Target Price | 31.2 | ||||
| Number Of Employees | 2.78 K | ||||
| Beta | 0.9 | ||||
| Market Capitalization | 2.02 B | ||||
| Total Asset | 16.84 B | ||||
| Retained Earnings | 921.13 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 2.61 % | ||||
| Net Asset | 16.84 B | ||||
| Last Dividend Paid | 1.0 |
About Towne Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Towne Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Towne Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Towne Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Towne Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Towne Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Towne Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Towne Bank Stock:Check out Towne Bank Piotroski F Score and Towne Bank Altman Z Score analysis. To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Towne Stock analysis
When running Towne Bank's price analysis, check to measure Towne Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Towne Bank is operating at the current time. Most of Towne Bank's value examination focuses on studying past and present price action to predict the probability of Towne Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Towne Bank's price. Additionally, you may evaluate how the addition of Towne Bank to your portfolios can decrease your overall portfolio volatility.
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Is Towne Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Towne Bank. If investors know Towne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Towne Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1 | Earnings Share 2.06 | Revenue Per Share 8.975 | Quarterly Revenue Growth (0.03) |
The market value of Towne Bank is measured differently than its book value, which is the value of Towne that is recorded on the company's balance sheet. Investors also form their own opinion of Towne Bank's value that differs from its market value or its book value, called intrinsic value, which is Towne Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Towne Bank's market value can be influenced by many factors that don't directly affect Towne Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Towne Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Towne Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Towne Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.