TowneBank (TOWN) Q4 Earnings and Revenues Beat Estimates

分组1 - TowneBank reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.45 per share, and up from $0.42 per share a year ago, representing an earnings surprise of 22.22% [1] - The company posted revenues of $178.26 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.60%, compared to year-ago revenues of $155.55 million [2] - Over the last four quarters, TowneBank has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The current consensus EPS estimate for the coming quarter is $0.58 on revenues of $186.8 million, and for the current fiscal year, it is $2.48 on revenues of $788.2 million [7] - The Zacks Industry Rank for Banks - Southeast is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]