TowneBank (TOWN) Q3 Earnings Top Estimates

Core Insights - TowneBank reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, and showing an increase from $0.58 per share a year ago, resulting in an earnings surprise of +10.67% [1] - The bank's revenues for the quarter ended September 2025 were $216.75 million, slightly missing the Zacks Consensus Estimate by 0.62%, but up from $175.63 million year-over-year [2] - TowneBank has surpassed consensus EPS estimates in all four of the last quarters and has topped revenue estimates three times during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.72, with expected revenues of $223.3 million, while the estimate for the current fiscal year is $2.93 on revenues of $837.8 million [7] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Industry Context - The Banks - Southeast industry, to which TowneBank belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]