TowneBank
TOWN · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,024,430 | $942,550 | $742,947 | $720,080 |
| % Growth | 8.7% | 26.9% | 3.2% | – |
| Cost of Goods Sold | $331,375 | $266,141 | $65,177 | $24,310 |
| Gross Profit | $692,507 | $676,409 | $677,770 | $695,770 |
| % Margin | 67.6% | 71.8% | 91.2% | 96.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $305,900 | $289,829 | $263,918 | $253,438 |
| SG&A Expenses | $321,527 | $305,219 | $279,915 | $266,942 |
| Sales & Mktg Exp. | $15,627 | $15,390 | $15,997 | $13,504 |
| Other Operating Expenses | $181,146 | $184,969 | $160,805 | $148,996 |
| Operating Expenses | $502,673 | $490,188 | $440,720 | $415,938 |
| Operating Income | $190,481 | $186,221 | $237,050 | $279,832 |
| % Margin | 18.6% | 19.8% | 31.9% | 38.9% |
| Other Income/Exp. Net | -$99 | $0 | $0 | $0 |
| Pre-Tax Income | $190,382 | $186,221 | $237,050 | $279,832 |
| Tax Expense | $27,649 | $31,085 | $46,581 | $54,798 |
| Net Income | $161,757 | $153,715 | $188,987 | $215,383 |
| % Margin | 15.8% | 16.3% | 25.4% | 29.9% |
| EPS | 2.16 | 2.06 | 2.6 | 2.97 |
| % Growth | 4.9% | -20.8% | -12.5% | – |
| EPS Diluted | 2.15 | 2.06 | 2.6 | 2.97 |
| Weighted Avg Shares Out | 74,930 | 74,646 | 72,557 | 72,479 |
| Weighted Avg Shares Out Dil | 75,226 | 74,662 | 72,578 | 72,563 |
| Supplemental Information | – | – | – | – |
| Interest Income | $774,528 | $705,242 | $517,936 | $443,453 |
| Interest Expense | $331,923 | $247,462 | $56,571 | $41,084 |
| Depreciation & Amortization | $35,067 | $34,224 | $28,698 | $28,798 |
| EBITDA | $225,548 | $220,445 | $265,748 | $308,630 |
| % Margin | 22% | 23.4% | 35.8% | 42.9% |