Towne Historical Income Statement

TOWN Stock

USD 27.75 0.07 0.25%

Historical analysis of Towne Bank income statement accounts such as Other Operating Expenses of 793.1 M, Ebitda of 12.1 M, Total Operating Expenses of 173.2 M or Net Income of 161.4 M can show how well Towne Bank performed in making a profits. Evaluating Towne Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Towne Bank's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Towne Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Towne Bank is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.

About Towne Income Statement Analysis

Towne Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Towne Bank shareholders. The income statement also shows Towne investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Towne Bank Income Statement Chart

Towne Bank Income Statement is one of the three primary financial statements used for reporting Towne's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Towne Bank revenue and expense. Towne Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Towne Bank's Net Income is very stable compared to the past year. As of the 24th of April 2024, Selling General Administrative is likely to grow to about 304.3 M, though Operating Income is likely to grow to (1.3 M).

Total Revenue Gross Profit Other Operating Expenses Ebitda

Total Revenue

Total revenue comprises all receipts Towne Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Towne Bank minus its cost of goods sold. It is profit before Towne Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Towne Bank. It is also known as Towne Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Towne Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Towne Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Towne Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.At this time, Towne Bank's Net Income is very stable compared to the past year. As of the 24th of April 2024, Selling General Administrative is likely to grow to about 304.3 M, though Operating Income is likely to grow to (1.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	679.0M	677.1M	941.6M	988.7M
Total Revenue	679.0M	686.4M	941.6M	988.7M

Gross Profit Total Revenue

Towne Bank income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Selling General Administrative	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Minority Interest	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items	Non Recurring	Non Operating Income Net Other
Depreciation And Amortization		0.8	0.5	0.5	0.35	0.85	0.85	0.87	-0.77	0.76	0.79	0.71	0.85	-0.12	0.71	-0.1	0.4	0.53	0.56	0.64	0.55	0.43	0.68	-0.02	-0.05
Interest Expense	0.8		0.44	0.44	0.34	0.6	0.6	0.62	-0.59	0.56	0.48	0.61	0.58	-0.09	0.51	-0.03	0.59	0.44	0.18	0.49	0.48	0.45	0.65	0.06	0.03
Total Revenue	0.5	0.44		1.0	0.98	0.13	0.13	0.16	0.07	0.89	0.58	0.96	0.72	0.74	0.85	-0.48	-0.1	0.66	0.63	0.91	0.9	0.93	0.85	-0.79	-0.74
Gross Profit	0.5	0.44	1.0		0.98	0.13	0.13	0.16	0.07	0.89	0.58	0.96	0.72	0.74	0.85	-0.48	-0.1	0.67	0.63	0.9	0.9	0.93	0.85	-0.79	-0.74
Other Operating Expenses	0.35	0.34	0.98	0.98		-0.07	-0.07	-0.04	0.22	0.79	0.42	0.89	0.59	0.85	0.76	-0.55	-0.14	0.62	0.53	0.85	0.88	0.93	0.79	-0.84	-0.78
Operating Income	0.85	0.6	0.13	0.13	-0.07		1.0	1.0	-0.88	0.5	0.76	0.38	0.7	-0.54	0.44	0.21	0.31	0.32	0.43	0.29	0.17	0.02	0.34	0.31	0.26
Ebit	0.85	0.6	0.13	0.13	-0.07	1.0		1.0	-0.88	0.5	0.76	0.38	0.7	-0.54	0.44	0.21	0.31	0.32	0.43	0.29	0.17	0.02	0.34	0.31	0.26
Ebitda	0.87	0.62	0.16	0.16	-0.04	1.0	1.0		-0.88	0.52	0.77	0.41	0.72	-0.51	0.46	0.19	0.32	0.34	0.45	0.32	0.2	0.05	0.37	0.29	0.24
Total Operating Expenses	-0.77	-0.59	0.07	0.07	0.22	-0.88	-0.88	-0.88		-0.32	-0.54	-0.19	-0.55	0.59	-0.25	-0.02	-0.43	-0.13	-0.19	-0.16	-0.04	0.13	-0.22	-0.46	-0.37
Net Income	0.76	0.56	0.89	0.89	0.79	0.5	0.5	0.52	-0.32		0.75	0.95	0.93	0.46	0.92	-0.45	-0.13	0.7	0.73	0.93	0.87	0.83	0.91	-0.6	-0.58
Income Tax Expense	0.79	0.48	0.58	0.58	0.42	0.76	0.76	0.77	-0.54	0.75		0.73	0.86	-0.01	0.77	-0.12	0.12	0.49	0.8	0.6	0.52	0.35	0.49	-0.21	-0.21
Selling General Administrative	0.71	0.61	0.96	0.96	0.89	0.38	0.38	0.41	-0.19	0.95	0.73		0.85	0.54	0.9	-0.42	0.04	0.71	0.67	0.91	0.88	0.87	0.88	-0.63	-0.59
Income Before Tax	0.85	0.58	0.72	0.72	0.59	0.7	0.7	0.72	-0.55	0.93	0.86	0.85		0.19	0.9	-0.34	0.02	0.68	0.72	0.85	0.78	0.64	0.8	-0.37	-0.36
Total Other Income Expense Net	-0.12	-0.09	0.74	0.74	0.85	-0.54	-0.54	-0.51	0.59	0.46	-0.01	0.54	0.19		0.44	-0.67	-0.41	0.36	0.31	0.6	0.66	0.77	0.51	-0.89	-0.82
Selling And Marketing Expenses	0.71	0.51	0.85	0.85	0.76	0.44	0.44	0.46	-0.25	0.92	0.77	0.9	0.9	0.44		-0.38	-0.04	0.57	0.71	0.94	0.91	0.79	0.83	-0.65	-0.65
Cost Of Revenue	-0.1	-0.03	-0.48	-0.48	-0.55	0.21	0.21	0.19	-0.02	-0.45	-0.12	-0.42	-0.34	-0.67	-0.38		0.35	-0.28	-0.26	-0.49	-0.47	-0.48	-0.41	0.53	0.51
Minority Interest	0.4	0.59	-0.1	-0.1	-0.14	0.31	0.31	0.32	-0.43	-0.13	0.12	0.04	0.02	-0.41	-0.04	0.35		-0.03	-0.28	-0.11	-0.07	-0.15	-0.03	0.48	0.41
Net Income From Continuing Ops	0.53	0.44	0.66	0.67	0.62	0.32	0.32	0.34	-0.13	0.7	0.49	0.71	0.68	0.36	0.57	-0.28	-0.03		0.48	0.64	0.66	0.69	0.7	-0.23	-0.09
Tax Provision	0.56	0.18	0.63	0.63	0.53	0.43	0.43	0.45	-0.19	0.73	0.8	0.67	0.72	0.31	0.71	-0.26	-0.28	0.48		0.66	0.57	0.46	0.5	-0.48	-0.45
Net Interest Income	0.64	0.49	0.91	0.9	0.85	0.29	0.29	0.32	-0.16	0.93	0.6	0.91	0.85	0.6	0.94	-0.49	-0.11	0.64	0.66		0.98	0.92	0.93	-0.72	-0.71
Interest Income	0.55	0.48	0.9	0.9	0.88	0.17	0.17	0.2	-0.04	0.87	0.52	0.88	0.78	0.66	0.91	-0.47	-0.07	0.66	0.57	0.98		0.95	0.91	-0.74	-0.71
Reconciled Depreciation	0.43	0.45	0.93	0.93	0.93	0.02	0.02	0.05	0.13	0.83	0.35	0.87	0.64	0.77	0.79	-0.48	-0.15	0.69	0.46	0.92	0.95		0.93	-0.77	-0.71
Extraordinary Items	0.68	0.65	0.85	0.85	0.79	0.34	0.34	0.37	-0.22	0.91	0.49	0.88	0.8	0.51	0.83	-0.41	-0.03	0.7	0.5	0.93	0.91	0.93		-0.58	-0.55
Non Recurring	-0.02	0.06	-0.79	-0.79	-0.84	0.31	0.31	0.29	-0.46	-0.6	-0.21	-0.63	-0.37	-0.89	-0.65	0.53	0.48	-0.23	-0.48	-0.72	-0.74	-0.77	-0.58		0.98
Non Operating Income Net Other	-0.05	0.03	-0.74	-0.74	-0.78	0.26	0.26	0.24	-0.37	-0.58	-0.21	-0.59	-0.36	-0.82	-0.65	0.51	0.41	-0.09	-0.45	-0.71	-0.71	-0.71	-0.55	0.98

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Towne Bank Account Relationship Matchups

Towne Bank income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	29.4M	29.1M	28.8M	28.7M	14.2M	16.9M
Interest Expense	109.5M	80.0M	41.1M	56.6M	26.6M	46.3M
Total Revenue	563.2M	662.2M	679.0M	686.4M	941.6M	988.7M
Gross Profit	563.2M	662.2M	679.0M	677.1M	941.6M	988.7M
Other Operating Expenses	391.9M	484.8M	408.8M	440.1M	755.4M	793.1M
Operating Income	171.4M	177.4M	270.2M	206.9M	(1.4M)	(1.3M)
Ebit	171.4M	177.4M	270.2M	206.9M	(1.4M)	(1.3M)
Ebitda	200.8M	206.5M	299.0M	235.6M	12.7M	12.1M
Total Operating Expenses	(391.9M)	(484.8M)	(408.8M)	(440.1M)	165M	173.3M
Net Income	138.8M	145.5M	215.4M	189.0M	153.7M	161.4M
Income Tax Expense	32.6M	31.9M	54.8M	46.6M	31.1M	21.5M
Selling General Administrative	249.2M	266.0M	278.8M	263.9M	289.8M	304.3M
Income Before Tax	176.3M	201.3M	279.8M	237.1M	186.2M	98.7M
Total Other Income Expense Net	4.9M	23.9M	9.7M	30.2M	186.2M	195.5M
Selling And Marketing Expenses	12.3M	9.6M	13.5M	16.0M	15.4M	10.4M
Net Income Applicable To Common Shares	138.8M	145.5M	215.4M	12.3M	14.2M	13.5M
Minority Interest	12.9M	17.0M	(9.7M)	2.1M	(1.5M)	(1.4M)
Net Income From Continuing Ops	143.7M	169.4M	225.0M	14.4M	173.1M	125.3M
Tax Provision	32.6M	31.9M	54.8M	46.6M	40.0M	42.8M
Net Interest Income	358.4M	380.1M	402.4M	461.4M	478.8M	376.8M
Interest Income	467.8M	460.2M	443.5M	517.9M	673.0M	459.2M
Reconciled Depreciation	29.4M	29.1M	28.8M	28.7M	32.9M	31.7M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Towne Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Towne Bank's short interest history, or implied volatility extrapolated from Towne Bank options trading.

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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:

How To Invest In Towne

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Is Towne Stock a good investment?

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What is Towne Bank's Net Worth?

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To learn how to invest in Towne Stock, please use our How to Invest in Towne Bank guide.

You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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

(0.40)

Dividend Share

0.98

Earnings Share

2.06

Revenue Per Share

9.049

Quarterly Revenue Growth

(0.09)

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.

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Towne Historical Income Statement

About Towne Income Statement Analysis

Towne Bank Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Towne Bank income statement Correlations

Towne Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Towne Bank income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Other Operating Expenses	+ 0.98	Total Revenue
Other Operating Expenses	+ 0.98	Gross Profit

Non Recurring	- 0.89	Total Other Income Expense Net
Total Operating Expenses	- 0.88	Ebitda
Total Operating Expenses	- 0.88	Ebit
Total Operating Expenses	- 0.88	Operating Income
Non Recurring	- 0.84	Other Operating Expenses
Non Operating Income Net Other	- 0.82	Total Other Income Expense Net