Key Developments: Towne Bank (TOWN.OQ)

TOWN.OQ on NASDAQ Stock Exchange Global Select Market

15.68USD
24 Dec 2014
Price Change (% chg)

$-0.07 (-0.44%)
Prev Close
$15.75
Open
$15.80
Day's High
$15.80
Day's Low
$15.54
Volume
9,068
Avg. Vol
25,863
52-wk High
$16.70
52-wk Low
$13.47

Search Stocks

Latest Key Developments (Source: Significant Developments)

Stockholders approve Towne Bank acquisition of Franklin Financial Corporation
Thursday, 4 Dec 2014 04:06pm EST 

Franklin Financial Corp and Hampton Roads-based TowneBank:Says stockholder approval of their proposed merger at separate special stockholder meetings, pursuant to which TowneBank will acquire Franklin.Acquisition is expected to close on or about Jan. 2, 2015.Under terms of agreement, stockholders of Franklin will receive 1.40 shares of TowneBank common stock for each share of Franklin.  Full Article

Towne Bank announces quarterly cash dividends
Tuesday, 2 Dec 2014 04:56pm EST 

Towne Bank:Says on Nov. 26 declared its Q4 shareholder cash dividend of $0.11 per common share.Dividend payable on Jan. 12, 2015.Dividend to shareholders of record on Dec. 30, 2014.  Full Article

Towne Bank announces quarterly cash dividends
Thursday, 28 Aug 2014 12:38pm EDT 

Towne Bank:Declares third-quarter shareholder cash dividend of $0.11 per common share.Payable on Oct. 10 to shareholders of record on Sept. 26.  Full Article

Towne Bank to acquire Franklin Financial
Tuesday, 15 Jul 2014 08:00am EDT 

TowneBank and Franklin Financial Corporation:Signs definitive merger agreement pursuant to which TowneBank will acquire Franklin.  Full Article

Towne Bank announces quarterly cash dividend
Wednesday, 28 May 2014 03:10pm EDT 

Towne Bank:Declared a cash dividend of $2.50 per share on its Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock.Payable on July 1, to the shareholder of record as of June 16.  Full Article

Towne Bank announces quarterly cash dividend
Wednesday, 21 May 2014 12:15pm EDT 

Towne Bank:Declares second-quarter shareholder cash dividend of $0.11 per common share.Payable on July 11 to shareholders of record on June 27.  Full Article

Towne Bank declares cash dividend of $0.10 per common share
Tuesday, 25 Feb 2014 07:00pm EST 

Towne Bank:Declares Q1 shareholder cash dividend of $0.10 per common share.Payable on April 11 to shareholders of record on March 28.  Full Article

Towne Bank Announces Quarterly Cash Dividends
Wednesday, 27 Nov 2013 03:22am EST 

Towne Bank:Says its Board of Directors declared its fourth-quarter shareholder cash dividend of $0.10 per common share.Says it will be payable on Jan. 10, 2014 to shareholders of record on Dec. 31.  Full Article

Towne Bank Increases Common Stock Dividend by 11.1%
Wednesday, 28 Aug 2013 04:44pm EDT 

Towne Bank announced that Board of Directors on August 28, 2013 declared its third-quarter shareholder cash dividend of $0.10 per common share payable on October 11, 2013 to shareholders of record on September 27, 2013. The quarterly common stock cash dividend of $0.10 per common share, or $0.40 per common share on an annual basis, is an 11.1% increase from the previous dividend rate.  Full Article

Towne Bank Announces Partnership With Sera-Brynn
Wednesday, 31 Jul 2013 01:56pm EDT 

Towne Bank announced that it has entered into an agreement to partner with Sera-Brynn, a top-tier cyber security firm and Payment Card Industry (PCI) Qualified Security Assessor (QSA), to provide information security and compliance services. Working through TowneBank's newly formed security business line, Towne Security LLC, Sera-Brynn will offer high-end cyber security consulting services to TowneBank's members and to businesses throughout the mid-Atlantic region. Specific cyber security service offerings include threat management, industry and government compliance and risk assessments, network monitoring, and secure network and architecture design.  Full Article

Search Stocks