TowneBank Q1 net income attributable to shareholders at USD 2.7 million, up nearly 3 times year-on-year

Reuters

01/29

TowneBank Q1 net income attributable to shareholders at USD 2.7 million, up nearly 3 times year-on-year

TowneBank reported net income attributable to shareholders of USD 40.6 million for the fourth quarter (Q4). Basic earnings per share for the quarter were USD 0.52, while diluted earnings per share stood at USD 0.51. Cash dividends declared per common share in Q4 were USD 0.27. For the full year (FY), net income attributable to shareholders reached USD 169.5 million, with basic and diluted earnings per share at USD 2.22 and USD 2.21, respectively. Cash dividends declared per common share for the year totaled USD 1.06. The efficiency ratio (non-GAAP) for the quarter was 99.71%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TowneBank published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9643871) on January 28, 2026, and is solely responsible for the information contained therein.

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Basic earnings per share for the quarter were USD 0.52, while diluted earnings per share stood at USD 0.51. Cash dividends declared per common share in Q4 were USD 0.27. For the full year (FY), net income attributable to shareholders reached USD 169.5 million, with basic and diluted earnings per share at USD 2.22 and USD 2.21, respectively. Cash dividends declared per common share for the year totaled USD 1.06. The efficiency ratio (non-GAAP) for the quarter was 99.71%.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TowneBank published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9643871) on January 28, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2095319765.USD","symbol_name":"Natixis Thematics Subscription Economy R/A USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260128:nNDLqrbL7:1","article_id":"2607233127","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607233127","pubTimestamp":1769635888,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"TowneBank reported net income attributable to shareholders of USD 40.6 million for the fourth quarter . 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