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TowneBank Announces Quarterly Cash Dividend

$TOWNPress releaseMay 20, 2026, 2:00 PM ETRead the release

TowneBank declared a Q2 2026 cash dividend of $0.28 per share, payable July 10, representing a 3.7% increase from the prior rate. The annualized dividend stands at $1.12 per share, reflecting steady capital return to shareholders.

Key figures

Total assets
22360000000
Resort sale price
250000000
Dividend per share
0.28
Annualized dividend
1.12
Charitable donation
25000000
Dividend increase pct
3.7%
Special dividend per share
0.7

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.