TOWN
Income statement / Annual
Last year (2024), TowneBank's total revenue was $1.02 B,
an increase of 8.69% from the previous year.
In 2024, TowneBank's net income was $161.76 M.
See TowneBank,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$1.02 B |
$942.55 M |
$742.95 M |
$720.08 M |
$742.25 M |
$672.71 M |
$612.75 M |
$492.39 M |
$408.93 M |
$329.62 M |
| Cost of Revenue |
$331.38 M
|
$266.14 M
|
$65.18 M
|
$24.31 M
|
$147.19 M
|
$118.84 M
|
$89.29 M
|
$49.41 M
|
$41.10 M
|
$35.46 M
|
| Gross Profit |
$692.51 M
|
$676.41 M
|
$677.77 M
|
$695.77 M
|
$595.06 M
|
$553.87 M
|
$523.46 M
|
$442.98 M
|
$367.83 M
|
$294.16 M
|
| Gross Profit Ratio |
0.68
|
0.72
|
0.91
|
0.97
|
0.8
|
0.82
|
0.85
|
0.9
|
0.9
|
0.89
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$305.90 M
|
$289.83 M
|
$263.92 M
|
$253.44 M
|
$243.74 M
|
$236.00 M
|
$219.24 M
|
$182.41 M
|
$155.01 M
|
$125.00 M
|
| Selling & Marketing Expenses |
$15.63 M
|
$15.39 M
|
$16.00 M
|
$13.50 M
|
$9.64 M
|
$12.28 M
|
$11.19 M
|
$9.87 M
|
$8.44 M
|
$7.52 M
|
| Selling, General & Administrative Expenses |
$321.53 M
|
$305.22 M
|
$279.92 M
|
$266.94 M
|
$253.39 M
|
$248.28 M
|
$230.43 M
|
$192.27 M
|
$163.45 M
|
$132.52 M
|
| Other Expenses |
$181.15 M
|
$184.97 M
|
$160.81 M
|
$149.00 M
|
$140.34 M
|
$129.32 M
|
$121.03 M
|
$103.10 M
|
$103.46 M
|
$69.10 M
|
| Operating Expenses |
$502.67 M
|
$490.19 M
|
$440.72 M
|
$415.94 M
|
$393.72 M
|
$377.60 M
|
$351.46 M
|
$295.38 M
|
$266.92 M
|
$201.62 M
|
| Cost And Expenses |
$834.05 M
|
$756.33 M
|
$505.90 M
|
$440.25 M
|
$540.92 M
|
$496.44 M
|
$440.75 M
|
$344.79 M
|
$308.01 M
|
$237.07 M
|
| Interest Income |
$774.53 M
|
$705.24 M
|
$517.94 M
|
$443.45 M
|
$460.16 M
|
$467.83 M
|
$421.82 M
|
$305.10 M
|
$254.62 M
|
$212.87 M
|
| Interest Expense |
$331.92 M
|
$247.46 M
|
$56.57 M
|
$41.08 M
|
$80.02 M
|
$109.47 M
|
$80.75 M
|
$43.98 M
|
$35.74 M
|
$32.43 M
|
| Depreciation & Amortization |
$35.07 M
|
$34.22 M
|
$28.70 M
|
$28.80 M
|
$29.06 M
|
$29.37 M
|
$28.72 M
|
$24.50 M
|
$20.55 M
|
$16.15 M
|
| EBITDA |
$225.55 M |
$220.45 M |
$265.75 M |
$308.63 M |
$230.39 M |
$205.64 M |
$200.73 M |
$172.10 M |
$121.47 M |
$108.69 M |
| EBITDA Ratio |
0.22
|
0.23
|
0.36
|
0.43
|
0.31
|
0.31
|
0.33
|
0.35
|
0.3
|
0.33
|
| Operating Income Ratio |
0.19
|
0.2
|
0.32
|
0.39
|
0.27
|
0.26
|
0.28
|
0.3
|
0.25
|
0.28
|
| Total Other Income/Expenses Net |
-$99.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$190.38 M
|
$186.22 M
|
$237.05 M
|
$279.83 M
|
$201.33 M
|
$176.27 M
|
$172.00 M
|
$147.60 M
|
$100.91 M
|
$92.54 M
|
| Income Before Tax Ratio |
0.19
|
0.2
|
0.32
|
0.39
|
0.27
|
0.26
|
0.28
|
0.3
|
0.25
|
0.28
|
| Income Tax Expense |
$27.65 M
|
$31.09 M
|
$46.58 M
|
$54.80 M
|
$31.90 M
|
$32.60 M
|
$34.23 M
|
$54.81 M
|
$28.70 M
|
$26.88 M
|
| Net Income |
$161.76 M
|
$153.72 M
|
$188.99 M
|
$215.38 M
|
$145.54 M
|
$138.78 M
|
$133.79 M
|
$87.66 M
|
$67.25 M
|
$62.38 M
|
| Net Income Ratio |
0.16
|
0.16
|
0.25
|
0.3
|
0.2
|
0.21
|
0.22
|
0.18
|
0.16
|
0.19
|
| EPS |
2.16 |
2.06 |
2.6 |
2.97 |
2.01 |
1.93 |
1.88 |
1.41 |
1.18 |
1.22 |
| EPS Diluted |
2.15 |
2.06 |
2.6 |
2.97 |
2.01 |
1.92 |
1.88 |
1.41 |
1.18 |
1.22 |
| Weighted Average Shares Out |
$74.93 M
|
$74.65 M
|
$72.56 M
|
$72.48 M
|
$72.29 M
|
$72.06 M
|
$71.15 M
|
$62.17 M
|
$56.84 M
|
$51.07 M
|
| Weighted Average Shares Out Diluted |
$75.23 M
|
$74.66 M
|
$72.58 M
|
$72.56 M
|
$72.35 M
|
$72.19 M
|
$71.29 M
|
$62.39 M
|
$56.84 M
|
$51.16 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
