The bank's capital structure remains stable with an equity-to-assets ratio of 0.13, though the concentration of $19.7 billion in investment securities warrants caution regarding duration risk.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 |
|---|
| Cash & Short Term Investments | 2.87B | 253.49M | 1.4B | 3.26B | 2.99B | 5.1B | 3.23B | 1.88B | 1.78B | 1.39B | 949.52M | 975.33M | 817.91M | 748.31M | 579.44M | 644.22M | 150.48M | 64.72M | 69.75M | 69.33M | 50.77M | 54.66M | 35.57M | 31.29M | 39.38M | 17.42M |
| Cash & Due from Banks | 95.47M | 253.49M | 1.34B | 1.13B | 1.15B | 3.3B | 1.86B | 442.62M | 686.7M | 521.19M | 136.55M | 251.84M | 214M | 204.79M | 129.29M | 314.14M | 150.48M | 64.72M | 69.75M | 69.33M | 50.77M | 54.66M | 35.57M | 31.29M | 39.38M | 17.42M |
| Short Term Investments | 0 | 0 | 62.33M | 2.13B | 1.84B | 1.81B | 1.37B | 1.44B | 1.1B | 867.65M | 812.97M | 723.49M | 603.91M | 543.52M | 450.14M | 330.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 19.74B | 0 | 14.11B | 13.97B | 13.18B | 11.73B | 11.44B | 10.27B | 9.34B | 7.14B | 6.96B | 5.38B | 4.29B | 4B | 3.83B | 3.35B | 3.35B | 3.24B | 2.81B | 2.19B | 1.98B | 1.58B | 1.29B | 852.04M | 687.23M | 517.92M |
| Investments Growth % | -38.71% | -100% | 1% | 6% | 12.42% | 2.49% | 11.38% | 10% | 30.71% | 2.66% | 29.44% | 25.34% | 7.12% | 4.51% | 14.47% | -0.18% | 3.55% | 15.08% | 28.58% | 10.29% | 25.19% | 23.3% | 50.86% | 23.98% | 32.69% | - |
| Long-Term Investments | 51.11B | 0 | 14.05B | 11.84B | 11.34B | 9.92B | 10.07B | 8.83B | 8.24B | 6.28B | 6.15B | 4.65B | 3.69B | 3.46B | 3.38B | 3.02B | 3.35B | 3.24B | 2.81B | 2.19B | 1.98B | 1.58B | 1.29B | 852.04M | 687.23M | 517.92M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 906.77M | 690.61M | 517.79M | 520.97M | 501.64M | 507.57M | 497.86M | 501.21M | 492.41M | 308.82M | 302.77M | 181M | 135.67M | 120.06M | 119M | 114.94M | 108.95M | 99.94M | 72.03M | 68.07M | 57.05M | 55.86M | 50.33M | 0 | 0 | 0 |
| Goodwill | 804.14M | 594.08M | 457.62M | 456.33M | 458.48M | 457.19M | 452.33M | 446.82M | 433.66M | 270.25M | 264.91M | 154.84M | 113.16M | 104.45M | 102.91M | 98.13M | 91.95M | 80.65M | 60.2M | 56.33M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 102.63M | 96.53M | 60.17M | 64.63M | 43.16M | 50.38M | 45.53M | 54.4M | 58.75M | 38.57M | 37.86M | 26.15M | 22.51M | 15.61M | 16.09M | 16.81M | 16.99M | 19.29M | 11.84M | 11.73M | 57.05M | 55.86M | 50.33M | 0 | 0 | 0 |
| PP&E (Net) | 438.79M | 430.99M | 368.88M | 337.6M | 304.8M | 270.77M | 260.24M | 231.81M | 211.8M | 194.9M | 198.57M | 173.69M | 155.77M | 153.44M | 144.94M | 134.05M | 115.3M | 89.76M | 78.99M | 74.93M | 67.23M | 64.06M | 54.55M | 36.75M | 24.8M | 15.76M |
| Other Assets | 1.18B | 17.21B | 907.42M | 874.93M | 704.15M | 560.85M | 563.21M | 500.28M | 434.27M | 353.22M | 377.3M | 314.13M | 188.02M | 190.59M | 181.43M | 171.75M | 143.33M | 114M | 99.14M | 100.47M | 35.46M | 43.79M | 22.56M | 11.8M | 12.49M | 8.41M |
| Total Current Assets | 95.47M | 1.35B | 1.4B | 3.26B | 2.99B | 5.1B | 3.23B | 1.88B | 1.78B | 1.39B | 949.52M | 975.33M | 817.91M | 748.31M | 579.44M | 644.22M | 150.48M | 64.72M | 69.75M | 69.33M | 50.77M | 54.66M | 35.57M | 31.29M | 39.38M | 17.42M |
| Total Non-Current Assets | 22.26B | 18.33B | 15.85B | 13.58B | 12.85B | 11.26B | 11.39B | 10.06B | 9.38B | 7.13B | 7.02B | 5.32B | 4.16B | 3.92B | 3.83B | 3.44B | 3.72B | 3.54B | 3.06B | 2.43B | 2.14B | 1.75B | 1.41B | 900.58M | 724.52M | 542.08M |
| Total Assets | 22.36B | 19.69B | 17.25B | 16.84B | 15.85B | 16.36B | 14.63B | 11.95B | 11.16B | 8.52B | 7.97B | 6.3B | 4.98B | 4.67B | 4.41B | 4.08B | 3.87B | 3.61B | 3.13B | 2.5B | 2.19B | 1.8B | 1.45B | 931.87M | 763.9M | 559.51M |
| Asset Growth % | 63.35% | 14.15% | 2.45% | 6.25% | -3.15% | 11.86% | 22.42% | 7.03% | 30.99% | 6.88% | 26.64% | 26.37% | 6.62% | 6.06% | 7.94% | 5.44% | 7.34% | 15.09% | 25.29% | 13.97% | 21.71% | 24.5% | 55.42% | 21.99% | 36.53% | - |
| Return on Assets (ROA) | 0.8% | 0.92% | 0.95% | 0.94% | 1.17% | 1.39% | 1.1% | 1.2% | 1.36% | 1.06% | 0.94% | 1.11% | 0.87% | 0.92% | 0.89% | 0.84% | 0.81% | 0.79% | 0.85% | 0.99% | 1.09% | 1.09% | 0.95% | 0.78% | 0.83% | 0.47% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 512.48M | 371.14M | 296.9M | 492.58M | 318.01M | 481.82M | 772.88M | 772.54M | 1.09B | 798.97M | 720.05M | 466.51M | 430.07M | 442.75M | 392.05M | 305.53M | 358.72M | 526.12M | 441M | 708.32M | 219.51M | 95.36M | 121.71M | 79.56M | 60.2M | 55.7M |
| Net Debt | 417.01M | 117.64M | -1.04B | -635.78M | -834.82M | -2.81B | -1.09B | 329.92M | 407.64M | 277.78M | 583.5M | 214.68M | 216.07M | 237.95M | 262.76M | -8.61M | 208.24M | 461.39M | 371.26M | 638.98M | 168.73M | 40.7M | 86.14M | 48.27M | 20.82M | 38.28M |
| Long-Term Debt | 481.49M | 336.32M | 263.22M | 459.75M | 277.09M | 405.02M | 705.09M | 720.14M | 1.05B | 774.12M | 687.51M | 429.08M | 398.18M | 395.09M | 380M | 293.74M | 344.64M | 504.6M | 404.75M | 374.99M | 184.83M | 80.15M | 95.71M | 63.56M | 60.2M | 47.7M |
| Short-Term Debt | 30.99M | 34.82M | 33.68M | 32.83M | 40.92M | 76.8M | 67.79M | 52.39M | 47.16M | 24.85M | 32.54M | 37.43M | 31.89M | 47.66M | 12.05M | 11.79M | 14.08M | 21.52M | 36.25M | 36.66M | 34.67M | 15.22M | 26M | 16M | 0 | 8M |
| Other Liabilities | 18.95B | 3.42B | 357.06M | 393.38M | 344.27M | 389.77M | 496.57M | 250.52M | 159.86M | 132.48M | 132.11M | 95.84M | 87.53M | 77.83M | 73.94M | 64.96M | 58.27M | 54.31M | 34.14M | -298.44M | 40.36M | 28.11M | 11.91M | 8.56M | 9.71M | 7.64M |
| Total Current Liabilities | 30.99M | 13.5B | 14.47B | 13.93B | 13.34B | 13.65B | 11.64B | 9.32B | 8.42B | 6.47B | 6.07B | 4.95B | 3.88B | 3.61B | 3.39B | 3.2B | 2.97B | 2.58B | 2.27B | 1.87B | 1.74B | 1.48B | 1.15B | 779.11M | 623.15M | 463M |
| Total Non-Current Liabilities | 19.43B | 3.76B | 620.28M | 853.13M | 621.37M | 794.79M | 1.2B | 970.66M | 1.21B | 906.6M | 819.62M | 524.92M | 485.71M | 472.92M | 453.94M | 358.7M | 402.92M | 558.9M | 441M | 373.22M | 225.19M | 108.25M | 107.62M | 72.12M | 69.91M | 55.34M |
| Total Liabilities | 19.4B | 17.26B | 15.09B | 14.78B | 13.96B | 14.45B | 12.84B | 10.29B | 9.62B | 7.38B | 6.89B | 5.48B | 4.36B | 4.09B | 3.85B | 3.56B | 3.37B | 3.14B | 2.71B | 2.24B | 1.96B | 1.59B | 1.26B | 851.23M | 693.06M | 518.35M |
| Total Equity | 2.96B | 2.43B | 2.16B | 2.06B | 1.89B | 1.92B | 1.78B | 1.65B | 1.54B | 1.14B | 1.09B | 820.19M | 618.28M | 585.32M | 559.88M | 520.49M | 499.51M | 464.32M | 419.67M | 256.86M | 230.02M | 211.99M | 188.52M | 80.64M | 70.84M | 41.16M |
| Equity Growth % | 64.42% | 12.68% | 4.85% | 8.85% | -1.43% | 7.42% | 7.87% | 7.49% | 34.65% | 5.15% | 32.48% | 32.66% | 5.63% | 4.54% | 7.57% | 4.2% | 7.58% | 10.64% | 63.39% | 11.67% | 8.51% | 12.45% | 133.78% | 13.83% | 72.1% | - |
| Equity / Assets (Capital Ratio) | 13.22% | 12.34% | 12.5% | 12.21% | 11.92% | 11.71% | 12.2% | 13.84% | 13.78% | 13.41% | 13.63% | 13.03% | 12.41% | 12.53% | 12.71% | 12.75% | 12.9% | 12.87% | 13.39% | 10.27% | 10.48% | 11.76% | 13.02% | 8.65% | 9.27% | 7.36% |
| Return on Equity (ROE) | 6.36% | 7.4% | 7.68% | 7.79% | 9.93% | 11.64% | 8.47% | 8.7% | 9.98% | 7.87% | 7.05% | 8.67% | 7.01% | 7.29% | 7.02% | 6.53% | 6.28% | 6.05% | 7.06% | 9.55% | 9.86% | 8.83% | 8.38% | 8.74% | 9.82% | 6.41% |
| Book Value per Share | 32.57 | 31.65 | 28.66 | 27.54 | 26.02 | 26.41 | 24.66 | 22.91 | 21.58 | 18.31 | 19.12 | 16.03 | 17.56 | 17.78 | 18.04 | 16.85 | 16.45 | 16.88 | 15.39 | 9.49 | 8.82 | 8.61 | 8.60 | 4.67 | 4.37 | 2.85 |
| Tangible BV per Share | 22.58 | 22.65 | 21.77 | 20.56 | 19.11 | 19.41 | 17.77 | 15.96 | 14.67 | 13.36 | 13.79 | 12.49 | 13.71 | 14.13 | 14.20 | 13.13 | 12.86 | 13.24 | 12.75 | 6.97 | 6.63 | 6.34 | 6.30 | 4.67 | 4.37 | 2.85 |
| Common Stock | 153.97M | 131.63M | 125.45M | 124.85M | 121.43M | 121.16M | 121.13M | 121.11M | 120.8M | 104.4M | 104.17M | 86.03M | 59.66M | 58.86M | 52.46M | 48.59M | 48.17M | 45.76M | 40.92M | 40.18M | 39.34M | 38.36M | 36.31M | 25.88M | 25.12M | 21.21M |
| Additional Paid-in Capital | 1.69B | 1.25B | 1.12B | 1.11B | 1.05B | 1.05B | 1.05B | 1.04B | 1.03B | 749.8M | 745.41M | 535.09M | 317.72M | 312.81M | 261.5M | 233.9M | 359.56M | 340.82M | 310.24M | 168.36M | 159.02M | 154.57M | 131.69M | 43.5M | 39.76M | 19.93M |
| Retained Earnings | 1.1B | 1.09B | 1.01B | 921.13M | 840.78M | 716.61M | 557.89M | 467.19M | 379.24M | 282.73M | 229.5M | 192.79M | 154.66M | 128.53M | 103.83M | 94.45M | 81M | 69.34M | 60.83M | 46.23M | 30.73M | 21.43M | 21.43M | 11.19M | 5.08M | -422K |
| Accumulated OCI | 23.09M | -51.68M | -116.05M | -118.76M | -140.5M | 10.6M | 41.18M | 11.3M | -9.19M | -5.69M | -3.99M | -2.99M | 458K | -344K | 816K | 2.75M | 288K | -1.63M | 4.33M | 2.08M | 917K | -2.38M | -906K | 68K | 884K | 443K |
| Treasury Stock | -23.09M | 0 | 0 | 0 | 0 | 0 | 0 | -15.55M | -13.96M | -12.52M | -11.17M | -10.17M | -9.67M | -8.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76.46M | 76.46M | 134.3M | 134.51M | 3.31M | 3.33M | 3.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Coastal Real Estate Concentration
According to recent financial disclosures, TowneBank's total assets grew from $16.8 billion in 2023Q4 to $22.4 billion by 2026Q1, a trend largely fueled by a significant increase in the investment securities portfolio rather than traditional organic loan growth within the core banking segment.
The rapid expansion of the securities portfolio suggests a strategic pivot toward liquid, interest-earning assets to manage balance sheet size. Investors should monitor whether this shift reflects a lack of high-quality loan demand in the Hampton Roads and North Carolina markets or a deliberate defensive posture against regional economic uncertainty.
As reported in quarterly filings, TowneBank maintained an equity-to-assets ratio consistently between 0.12 and 0.13 over the last ten quarters, indicating that the bank has successfully scaled its capital base in lockstep with its expanding asset footprint to preserve its regulatory capital position.
This consistent capital ratio suggests a disciplined approach to balance sheet management that avoids excessive leverage. While this provides a stable foundation, it may also imply that the bank is not fully optimizing its capital structure to drive higher returns on equity for shareholders.
Based on the bank's reported figures, cash and cash equivalents dropped from $1.1 billion in 2023Q4 to $95.5 million in 2026Q1, signaling a significant deployment of liquid reserves into the investment securities portfolio during the most recent reporting period.
The sharp reduction in cash balances warrants further investigation into the bank's contingent funding capacity. While the securities portfolio provides a secondary liquidity buffer, the transition from cash to longer-duration assets may increase the bank's sensitivity to interest rate volatility and potential liquidity stress.
Data from the latest balance sheet indicates that investment securities now comprise the vast majority of total assets at $19.7 billion, which, as noted in financial statements, may expose the bank to significant unrealized losses if interest rates remain elevated for an extended period.
This heavy concentration in securities rather than loans represents a non-obvious risk, as it shifts the bank's primary earnings driver from credit-spread income to interest-rate-sensitive investment income. This structural change may limit the bank's ability to benefit from loan repricing in a rising rate environment.
Quick answers to the most common questions about buying TOWN stock.
As of 2025, TowneBank (TOWN) had total assets of $19.69B including $1.35B in current assets.
TowneBank (TOWN) carries total debt of $371.1M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
TowneBank (TOWN) has total shareholders' equity (book value) of $2.42B ($31.65 book value per share). Book value represents the net worth of the company belonging to common stock holders.
TowneBank (TOWN) reported a current ratio of 0.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.