Name: TowneBank (TOWN) Financial Statements
Creator: FinSpry

TowneBank Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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TowneBank income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	811.78	694.30	695.09	686.38	679.00	597.16	563.24	532.00
Cost of Revenue	306.59	331.38	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	701.33	692.51	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	377.72	321.53	305.22	279.92	266.94	305.08	261.50	244.08
Operating Expenses	491.11	502.67	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	210.22	190.48	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense
Interest Income	846.26	774.53	705.24	517.94	443.45	460.16	467.83	421.82
Interest Expense	282.65	331.92	247.46	56.57	41.08	80.02	109.47	80.75
Other Income/Expense	0.00	-0.10	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	210.22	190.38	186.22	237.05	279.83	201.33	176.27	172.00
Income Tax Expense	39.43	27.65	31.09	46.58	54.80	31.90	32.60	34.23
Net Income	169.53	161.76	153.72	188.99	215.38	145.54	138.78	133.79
Net Income - Continuous Operations	169.53	162.73	155.14	190.47	225.03	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	210.22	225.55	0.00	0.00	0.00	0.00	0.00	0.00
EBIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	0.00	12.77	14.16	10.62	11.13	11.50	12.37	11.71
Earnings Per Share
Basic EPS	2.00	2.00	2.00	3.00	3.00	2.00	2.00	2.00
Diluted EPS	2.00	2.00	2.00	3.00	3.00	2.00	2.00	2.00
Basic Shares Outstanding	76.36	74.93	74.65	72.56	72.48	72.29	72.06	71.15
Diluted Shares Outstanding	76.75	75.16	74.66	72.58	72.56	72.35	72.19	71.29