TowneBank (TOWN) quarterly income statement — complete revenue, gross profit & net income history
TowneBank (TOWN) annual income statement — 25-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Net Interest Income | 185.12M | 172.94M | 158.96M | 146.95M | 137.21M | 120.48M | 118.06M | 112.28M | 109.05M | 103.22M | 107.73M | 113.06M | 113.61M | 123.38M | 128.78M | 124.04M | 109.34M | 99.2M | 100.79M | 100.44M |
| NII Growth % | 34.91% | 43.55% | 34.65% | 30.88% | 25.83% | 16.72% | 9.58% | -0.69% | -4.02% | -16.34% | -16.35% | -8.85% | 3.91% | 24.37% | 27.77% | 23.49% | 8.1% | -0.79% | 0.18% | 3.81% |
| Net Interest Margin % | 0.82% | 0.77% | 0.81% | 0.75% | 0.75% | 0.69% | 0.68% | 0.65% | 0.64% | 0.61% | 0.64% | 0.68% | 0.66% | 0.74% | 0.81% | 0.78% | 0.65% | 0.6% | 0.62% | 0.64% |
| Interest Income | 260.64M | 250.4M | 230.67M | 218.34M | 207.63M | 189.62M | 196.05M | 196.62M | 194.93M | 186.92M | 184.13M | 182.86M | 174.86M | 163.4M | 151.92M | 137.52M | 120.14M | 108.36M | 109.5M | 109.84M |
| Interest Expense | 75.53M | 77.46M | 71.7M | 71.39M | 70.42M | 69.14M | 78M | 84.34M | 85.89M | 83.7M | 76.39M | 69.8M | 61.25M | 40.02M | 23.14M | 13.49M | 10.8M | 9.15M | 8.71M | 9.4M |
| Loan Loss Provision | 625K | 344K | -169K | 15.28M | 6.41M | 2.42M | 1.61M | -1.1M | -177K | -877K | 2.45M | 1.01M | 3.56M | 11.67M | 6.07M | 3.92M | 56K | -1.45M | -1.11M | -1.58M |
| Non-Interest Income | 236.73M | 10.13M | 24.47M | 68.71M | 70.23M | 71.57M | 57.86M | 62.24M | 65.92M | 63.88M | 48.78M | 59.81M | 67.96M | 60.77M | 45.97M | 55.2M | 57.64M | 66.21M | 58.3M | 69.63M |
| Non-Interest Income % | 56.12% | 5.54% | 13.34% | 31.86% | 33.85% | 37.27% | 32.89% | 35.66% | 37.68% | 38.23% | 31.17% | 34.6% | 37.43% | 33% | 26.3% | 30.8% | 34.52% | 40.03% | 36.64% | 40.94% |
| Total Net Revenue | 421.84M | 183.08M | 183.43M | 215.66M | 207.44M | 192.04M | 175.92M | 174.52M | 174.97M | 167.1M | 156.51M | 172.86M | 181.57M | 184.14M | 174.75M | 179.24M | 166.98M | 165.41M | 159.09M | 170.08M |
| Revenue Growth % | 103.35% | -4.67% | 4.27% | 23.58% | 18.56% | 14.93% | 12.4% | 0.96% | -3.63% | -9.25% | -10.44% | -3.56% | 8.74% | 11.32% | 9.84% | 5.39% | -0.2% | -9.37% | -6.28% | -11.48% |
| Non-Interest Expense | 167.52M | 132.52M | 130.11M | 153.74M | 150.66M | 130.54M | 126.2M | 126.9M | 123.98M | 125.59M | 122.86M | 117.7M | 125.23M | 124.4M | 110.58M | 112.03M | 108.72M | 109.38M | 109.13M | 104.09M |
| Efficiency Ratio | 39.71% | 72.38% | 70.93% | 71.29% | 72.63% | 67.97% | 71.74% | 72.71% | 70.86% | 75.16% | 78.5% | 68.09% | 68.97% | 67.55% | 63.28% | 62.51% | 65.11% | 66.13% | 68.6% | 61.2% |
| Operating Income | 253.7M | 50.22M | 53.49M | 46.65M | 50.37M | 59.09M | 48.11M | 48.72M | 51.16M | 42.39M | 31.21M | 54.16M | 52.78M | 48.08M | 58.09M | 63.28M | 58.2M | 57.48M | 51.07M | 67.57M |
| Operating Margin % | 60.14% | 27.43% | 29.16% | 21.63% | 24.28% | 30.77% | 27.35% | 27.92% | 29.24% | 25.37% | 19.94% | 31.33% | 29.07% | 26.11% | 33.24% | 35.3% | 34.85% | 34.75% | 32.1% | 39.73% |
| Operating Income Growth % | 403.7% | -15.01% | 11.17% | -4.24% | -1.56% | 39.4% | 54.18% | -10.04% | -3.07% | -11.83% | -46.28% | -14.42% | -9.3% | -16.36% | 13.76% | -6.36% | -19.15% | -35.57% | -20.58% | 15.4% |
| Pretax Income | 253.7M | 50.22M | 53.49M | 46.65M | 50.37M | 59.09M | 48.11M | 48.72M | 51.16M | 42.39M | 31.21M | 54.16M | 52.78M | 48.08M | 58.09M | 63.28M | 58.2M | 57.48M | 51.07M | 67.57M |
| Pretax Margin % | 60.14% | 27.43% | 29.16% | 21.63% | 24.28% | 30.77% | 27.35% | 27.92% | 29.24% | 25.37% | 19.94% | 31.33% | 29.07% | 26.11% | 33.24% | 35.3% | 34.85% | 34.75% | 32.1% | 39.73% |
| Income Tax | 60.08M | 9.12M | 12.64M | 7.36M | 11.1M | 8.2M | 6.67M | 5.59M | 8.12M | 7.26M | 2.66M | 9.41M | 9.42M | 9.6M | 11.6M | 12.61M | 11.14M | 11.23M | 9.41M | 14.83M |
| Effective Tax Rate % | 23.68% | 18.15% | 23.62% | 15.77% | 22.03% | 13.88% | 13.87% | 11.48% | 15.88% | 17.13% | 8.53% | 17.38% | 17.84% | 19.97% | 19.96% | 19.92% | 19.15% | 19.54% | 18.43% | 21.95% |
| Net Income | 193.19M | 40.99M | 40.63M | 38.98M | 38.84M | 50.59M | 41.27M | 42.95M | 42.86M | 34.69M | 28.8M | 44.86M | 41.72M | 38.33M | 46.69M | 50.17M | 46.55M | 45.59M | 40.18M | 50.4M |
| Net Margin % | 45.8% | 22.39% | 22.15% | 18.07% | 18.72% | 26.34% | 23.46% | 24.61% | 24.49% | 20.76% | 18.4% | 25.95% | 22.98% | 20.82% | 26.72% | 27.99% | 27.88% | 27.56% | 25.26% | 29.63% |
| Net Income Growth % | 397.43% | -18.97% | -1.54% | -9.25% | -9.38% | 45.85% | 43.26% | -4.26% | 2.73% | -9.51% | -38.3% | -10.58% | -10.38% | -15.91% | 16.18% | -0.46% | -16.59% | -33.93% | -19.77% | 46.24% |
| Net Income (Continuing) | 193.62M | 41.1M | 40.85M | 39.29M | 39.27M | 50.89M | 41.44M | 43.13M | 43.04M | 35.13M | 28.55M | 44.74M | 43.37M | 38.48M | 46.49M | 50.67M | 47.05M | 46.25M | 41.66M | 52.74M |
| EPS (Diluted) | 2.09 | 0.45 | 0.51 | 0.51 | 0.52 | 0.67 | 0.55 | 0.57 | 0.57 | 0.46 | 0.39 | 0.60 | 0.56 | 0.52 | 0.64 | 0.69 | 0.64 | 0.63 | 0.57 | 0.69 |
| EPS Growth % | 301.92% | -32.84% | -7.27% | -10.53% | -8.77% | 45.65% | 41.03% | -5% | 1.79% | -11.54% | -39.06% | -13.04% | -12.5% | -17.46% | 12.28% | 0% | -16.88% | -33.68% | -17.39% | 43.75% |
| EPS (Basic) | 2.10 | 0.45 | 0.52 | 0.51 | 0.52 | 0.67 | 0.55 | 0.57 | 0.57 | 0.46 | 0.39 | 0.60 | 0.56 | 0.52 | 0.64 | 0.69 | 0.64 | 0.63 | 0.57 | 0.70 |
| Diluted Shares Outstanding | 92.46M | 90.78M | 79.11M | 76.76M | 75.54M | 75.53M | 75.31M | 75.14M | 75.04M | 74.98M | 74.79M | 74.77M | 74.7M | 74.39M | 73.06M | 72.58M | 72.57M | 72.56M | 72.59M | 73.04M |