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TowneBank

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TowneBank
Company typePublic company
Traded asNasdaqTOWN
Russell 3000 component
IndustryFinancial services
FoundedSeptember 3, 1998; 26 years ago (1998-09-03)
HeadquartersSuffolk, Virginia, U.S.
Number of locations44 branches
Key peopleBob Aston, chairman
Billy Foster, president and chief executive officer
ProductsBanking, investments
RevenueIncrease $686.935 million (2022)
Net incomeDecrease $188.987 million (2022)
Total assetsDecrease $15.845 billion (2022)
Total equityDecrease $1.889 billion (2022)
Number of employees2,766 (2022)
Websitewww.townebank.com
Footnotes / references

TowneBank is a bank headquartered in Suffolk, Virginia with 44 branches in Virginia and North Carolina. They have owned the naming rights to TowneBank Stadium and TowneBank Tower at Dowdy–Ficklen Stadium since 2019.

While remaining headquartered in Suffolk, their financial services wing, which includes mortgage, insurance, and benefits, operates out of the TowneBank Building in Downtown Norfolk, Virginia.

References

  1. "TowneBank 2022 Annual Report" (PDF). TowneBank. Retrieved March 23, 2023.
  2. "Christopher Newport University announces new football stadium name". 13 News Now. August 16, 2019. Retrieved March 23, 2023.
  3. "TowneBank and CHKD buy Norfolk Southern building in downtown Norfolk". WAVY.com. 2020-06-24. Retrieved 2023-06-15.

External links


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