Towne Bank (TOWN) 14.72 $TOWN
Towne Bank EPS of $0.20
Seeking Alpha - at Seeking Alpha - Tue Feb 03, 5:15AM CST
TOWN: 14.72 (+0.06)
TowneBank Reports Full Year and Fourth Quarter Financial Results for 2014
GlobeNewswire - Mon Feb 02, 6:59PM CST
Hampton Roads based TowneBank (the "Bank"
(Nasdaq:TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2014.
TOWN: 14.72 (+0.06)
Merger Arbitrage Mondays - January 12, 2015
Asif Suria - at Seeking Alpha - Mon Jan 12, 4:19PM CST
Merger activity decreased last week with one new merger announced and three deals closing. With merger spreads tight in most deals except for the ones that face regulatory risk or other obvious issues, I have been very selective in the deals that I...
RAI: 71.86 (-1.23), SWY: 35.10 (-0.04), NWBI: 11.91 (+0.08), NGLS: 45.82 (+1.66), LO: 67.30 (-0.80), ENOC: 18.24 (+0.22), HAL: 44.19 (+1.42), TOWN: 14.72 (+0.06), CMCSK: 58.97 (+1.11), EDS: 1.55 (+0.01), URZ: 1.18 (+0.01), UUUU: 4.93 (-0.02), T: 34.66 (+0.05), APL: 27.30 (+0.85), VSCI: 0.47 (unch), DTV: 87.51 (-0.32), UPI: 1.27 (unch), LNBB: 17.74 (-0.01), IGT: 17.20 (-0.04), CMCSA: 59.47 (+1.09), BHI: 64.31 (+1.93)
TowneBank Announces Redemption of SBLF Preferred Stock
GlobeNewswire - Thu Jan 08, 1:21PM CST
TowneBank (the "Company" (Nasdaq:TOWN) today announced that it has redeemed in full the Company's $76.46 million of outstanding Series C preferred stock issued to the U.S. Department of the Treasury under the Small Business Lending Fund (the "SBLF" . The redemption was completed utilizing internally available funds and the Company continues to have capital in excess of the levels necessary to be deemed well-capitalized under applicable regulatory standards.
TOWN: 14.72 (+0.06)
TowneBank Completes Acquisition of Franklin Financial Corporation
GlobeNewswire - Mon Jan 05, 10:46AM CST
TowneBank (Nasdaq:TOWN) announced that, at the close of business on January 2, 2015, it completed the previously announced acquisition of Franklin Financial Corporation ("Franklin" , parent company of Franklin Federal Savings Bank, one of the oldest and largest community-based financial institutions in central Virginia.
TOWN: 14.72 (+0.06)
TowneBank and Franklin Financial Corporation Receive Regulatory Approvals for Merger
GlobeNewswire - Fri Dec 12, 3:57PM CST
Hampton Roads-based TowneBank (the "Company" (Nasdaq:TOWN) and Richmond-based Franklin Financial Corporation ("Franklin" (Nasdaq:FRNK) today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with the Company's acquisition of Franklin and its wholly-owned subsidiary Franklin Federal Savings Bank. The stockholders of TowneBank and Franklin have approved the transaction at separate stockholder meetings and the acquisition is expected to be completed in early January 2015.
FRNK: 21.71 (+0.53), TOWN: 14.72 (+0.06)
Stockholders Approve TowneBank Acquisition of Franklin Financial Corporation
GlobeNewswire - Thu Dec 04, 3:06PM CST
Hampton Roads-based TowneBank (Nasdaq:TOWN) and Richmond-based Franklin Financial Corporation ("Franklin" (Nasdaq:FRNK), the holding company for Franklin Federal Savings Bank, today announced stockholder approval of their proposed merger at separate special stockholder meetings, pursuant to which TowneBank will acquire Franklin.
FRNK: 21.71 (+0.53), TOWN: 14.72 (+0.06)
TowneBank declares $0.11 dividend
Seeking Alpha - at Seeking Alpha - Tue Dec 02, 3:58PM CST
TOWN: 14.72 (+0.06)
TowneBank Announces Quarterly Cash Dividends
GlobeNewswire - Tue Dec 02, 3:56PM CST
Hampton Roads based TowneBank (Nasdaq:TOWN) announced today that its Board of Directors on November 26, 2014 declared its fourth-quarter shareholder cash dividend of $0.11 per common share payable on January 12, 2015 to shareholders of record on December 30, 2014.
TOWN: 14.72 (+0.06)
TowneBank Reports Third Quarter Earnings
GlobeNewswire - Thu Oct 23, 3:13PM CDT
Hampton Roads based TowneBank (the "Bank" (Nasdaq:TOWN) reported earnings of $12.13 million for the quarter ended September 30, 2014, a 16.39% increase, or $1.71 million, over the $10.42 million reported for the comparative period in 2013. Earnings for the year-to-date period increased 8.87% to $34.93 million as compared to the $32.09 million earned in the same period last year.
TOWN: 14.72 (+0.06)
TOWN, SAFT, DXB, BMA, HOMB, GSIT Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Sep 30, 3:32AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Towne Bank (NASDAQ:TOWN), Safety Insurance Group Inc (NASDAQ:SAFT), Deutsche Bank Contingent Capital Trust II (NYSE
XB), Banco Macro SA (NYSE:BMA), Home BancShares Inc (NASDAQ:HOMB), GSI Technology Inc (NASDAQ:GSIT) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
BMA: 49.50 (+1.52), HOMB: 31.70 (+0.07), SAFT: 63.44 (-0.68), GSIT: 5.64 (+0.10), DXB: 27.03 (+0.09), TOWN: 14.72 (+0.06), DB: 32.29 (+0.70)
TOWN, VHT, CRI, ENH, HTBK, IHS Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Sep 04, 9:46AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Towne Bank (NASDAQ:TOWN), Vanguard Health Care Etf (NYSE:VHT), Carter's Inc (NYSE:CRI), Endurance Specialty Holdings Ltd (NYSE:ENH), Heritage Commerce Corp (NASDAQ:HTBK), IHS INCORPORATION (NYSE:IHS) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
IHS: 119.69 (+0.21), HTBK: 8.70 (-0.05), TOWN: 14.72 (+0.06), CRI: 83.65 (+0.52), ENH: 64.63 (+0.15), VHT: 130.56 (+0.66)
INVESTOR ALERT - Franklin Financial Corporation: The Law Offices of Vincent Wong Investigates the Sale of Franklin Financial Corporation
Business Wire - Mon Jul 28, 10:37AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Franklin Financial Corporation (Nasdaq: FRNK) ("Franklin Financial" in connection with the sale of the Company to TowneBank (NasdaqGS: TOWN).
TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
INVESTOR ALERT - Franklin Financial Corporation: The Law Offices of Vincent Wong Investigates the Sale of Franklin Financial Corporation - FRNK
Business Wire - Fri Jul 25, 9:33AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Franklin Financial Corporation (Nasdaq:FRNK) ("Franklin Financial" in connection with the sale of the Company to TowneBank (NasdaqGS:TOWN).
TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
TowneBank Reports Second Quarter Earnings
GlobeNewswire - Wed Jul 23, 3:51PM CDT
Hampton Roads based TowneBank (the "Bank" (Nasdaq:TOWN) reported earnings of $11.68 million for the quarter ended June 30, 2014, a 4.27% increase, or $478,000, over the $11.20 million reported for the comparative period in 2013. Earnings for the year-to-date period increased 5.25% to $22.81 million as compared to the $21.67 million earned in the same period last year.
TOWN: 14.72 (+0.06)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Franklin Financial Corporation and Its Board of Directors In Connection With the Sale of the Company to TowneBank -- FRNK
PR Newswire - Fri Jul 18, 6:44PM CDT
Levi & Korsinsky is investigating the Board of Directors of Franklin Financial Corporation ("Franklin" or "the Company" (Nasdaq: FRNK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TowneBank (NasdaqGS: TOWN).
TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Franklin Financial Corporation and Its Board of Directors in Connection with the Sale of the Company to TowneBank
Business Wire - Wed Jul 16, 6:16AM CDT
Levi & Korsinsky is investigating the Board of Directors of Franklin Financial Corporation ("Franklin" or "the Company" (Nasdaq:FRNK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TowneBank (NasdaqGS:TOWN).
TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
Towne Bank EPS of $0.20
Seeking Alpha - at Seeking Alpha - Tue Feb 03, 5:15AM CST
TOWN: 14.72 (+0.06)
TowneBank Reports Full Year and Fourth Quarter Financial Results for 2014
GlobeNewswire - Mon Feb 02, 6:59PM CST
Hampton Roads based TowneBank (the "Bank"
(Nasdaq:TOWN) today reported financial results for the full year and the fourth quarter ended December 31, 2014. TOWN: 14.72 (+0.06)
Merger Arbitrage Mondays - January 12, 2015
Asif Suria - at Seeking Alpha - Mon Jan 12, 4:19PM CST
Merger activity decreased last week with one new merger announced and three deals closing. With merger spreads tight in most deals except for the ones that face regulatory risk or other obvious issues, I have been very selective in the deals that I...
RAI: 71.86 (-1.23), SWY: 35.10 (-0.04), NWBI: 11.91 (+0.08), NGLS: 45.82 (+1.66), LO: 67.30 (-0.80), ENOC: 18.24 (+0.22), HAL: 44.19 (+1.42), TOWN: 14.72 (+0.06), CMCSK: 58.97 (+1.11), EDS: 1.55 (+0.01), URZ: 1.18 (+0.01), UUUU: 4.93 (-0.02), T: 34.66 (+0.05), APL: 27.30 (+0.85), VSCI: 0.47 (unch), DTV: 87.51 (-0.32), UPI: 1.27 (unch), LNBB: 17.74 (-0.01), IGT: 17.20 (-0.04), CMCSA: 59.47 (+1.09), BHI: 64.31 (+1.93)
TowneBank Announces Redemption of SBLF Preferred Stock
GlobeNewswire - Thu Jan 08, 1:21PM CST
TowneBank (the "Company"
(Nasdaq:TOWN) today announced that it has redeemed in full the Company's $76.46 million of outstanding Series C preferred stock issued to the U.S. Department of the Treasury under the Small Business Lending Fund (the "SBLF" . The redemption was completed utilizing internally available funds and the Company continues to have capital in excess of the levels necessary to be deemed well-capitalized under applicable regulatory standards. TOWN: 14.72 (+0.06)
TowneBank Completes Acquisition of Franklin Financial Corporation
GlobeNewswire - Mon Jan 05, 10:46AM CST
TowneBank (Nasdaq:TOWN) announced that, at the close of business on January 2, 2015, it completed the previously announced acquisition of Franklin Financial Corporation ("Franklin"
, parent company of Franklin Federal Savings Bank, one of the oldest and largest community-based financial institutions in central Virginia. TOWN: 14.72 (+0.06)
TowneBank and Franklin Financial Corporation Receive Regulatory Approvals for Merger
GlobeNewswire - Fri Dec 12, 3:57PM CST
Hampton Roads-based TowneBank (the "Company"
(Nasdaq:TOWN) and Richmond-based Franklin Financial Corporation ("Franklin" (Nasdaq:FRNK) today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with the Company's acquisition of Franklin and its wholly-owned subsidiary Franklin Federal Savings Bank. The stockholders of TowneBank and Franklin have approved the transaction at separate stockholder meetings and the acquisition is expected to be completed in early January 2015. FRNK: 21.71 (+0.53), TOWN: 14.72 (+0.06)
Stockholders Approve TowneBank Acquisition of Franklin Financial Corporation
GlobeNewswire - Thu Dec 04, 3:06PM CST
Hampton Roads-based TowneBank (Nasdaq:TOWN) and Richmond-based Franklin Financial Corporation ("Franklin"
(Nasdaq:FRNK), the holding company for Franklin Federal Savings Bank, today announced stockholder approval of their proposed merger at separate special stockholder meetings, pursuant to which TowneBank will acquire Franklin. FRNK: 21.71 (+0.53), TOWN: 14.72 (+0.06)
TowneBank declares $0.11 dividend
Seeking Alpha - at Seeking Alpha - Tue Dec 02, 3:58PM CST
TOWN: 14.72 (+0.06)
TowneBank Announces Quarterly Cash Dividends
GlobeNewswire - Tue Dec 02, 3:56PM CST
Hampton Roads based TowneBank (Nasdaq:TOWN) announced today that its Board of Directors on November 26, 2014 declared its fourth-quarter shareholder cash dividend of $0.11 per common share payable on January 12, 2015 to shareholders of record on December 30, 2014.
TOWN: 14.72 (+0.06)
TowneBank Reports Third Quarter Earnings
GlobeNewswire - Thu Oct 23, 3:13PM CDT
Hampton Roads based TowneBank (the "Bank"
(Nasdaq:TOWN) reported earnings of $12.13 million for the quarter ended September 30, 2014, a 16.39% increase, or $1.71 million, over the $10.42 million reported for the comparative period in 2013. Earnings for the year-to-date period increased 8.87% to $34.93 million as compared to the $32.09 million earned in the same period last year. TOWN: 14.72 (+0.06)
TOWN, SAFT, DXB, BMA, HOMB, GSIT Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Sep 30, 3:32AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Towne Bank (NASDAQ:TOWN), Safety Insurance Group Inc (NASDAQ:SAFT), Deutsche Bank Contingent Capital Trust II (NYSE
XB), Banco Macro SA (NYSE:BMA), Home BancShares Inc (NASDAQ:HOMB), GSI Technology Inc (NASDAQ:GSIT) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: BMA: 49.50 (+1.52), HOMB: 31.70 (+0.07), SAFT: 63.44 (-0.68), GSIT: 5.64 (+0.10), DXB: 27.03 (+0.09), TOWN: 14.72 (+0.06), DB: 32.29 (+0.70)
TOWN, VHT, CRI, ENH, HTBK, IHS Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Thu Sep 04, 9:46AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Towne Bank (NASDAQ:TOWN), Vanguard Health Care Etf (NYSE:VHT), Carter's Inc (NYSE:CRI), Endurance Specialty Holdings Ltd (NYSE:ENH), Heritage Commerce Corp (NASDAQ:HTBK), IHS INCORPORATION (NYSE:IHS) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
IHS: 119.69 (+0.21), HTBK: 8.70 (-0.05), TOWN: 14.72 (+0.06), CRI: 83.65 (+0.52), ENH: 64.63 (+0.15), VHT: 130.56 (+0.66)
INVESTOR ALERT - Franklin Financial Corporation: The Law Offices of Vincent Wong Investigates the Sale of Franklin Financial Corporation
Business Wire - Mon Jul 28, 10:37AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Franklin Financial Corporation (Nasdaq: FRNK) ("Franklin Financial"
in connection with the sale of the Company to TowneBank (NasdaqGS: TOWN). TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
INVESTOR ALERT - Franklin Financial Corporation: The Law Offices of Vincent Wong Investigates the Sale of Franklin Financial Corporation - FRNK
Business Wire - Fri Jul 25, 9:33AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Franklin Financial Corporation (Nasdaq:FRNK) ("Franklin Financial"
in connection with the sale of the Company to TowneBank (NasdaqGS:TOWN). TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
TowneBank Reports Second Quarter Earnings
GlobeNewswire - Wed Jul 23, 3:51PM CDT
Hampton Roads based TowneBank (the "Bank"
(Nasdaq:TOWN) reported earnings of $11.68 million for the quarter ended June 30, 2014, a 4.27% increase, or $478,000, over the $11.20 million reported for the comparative period in 2013. Earnings for the year-to-date period increased 5.25% to $22.81 million as compared to the $21.67 million earned in the same period last year. TOWN: 14.72 (+0.06)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Franklin Financial Corporation and Its Board of Directors In Connection With the Sale of the Company to TowneBank -- FRNK
PR Newswire - Fri Jul 18, 6:44PM CDT
Levi & Korsinsky is investigating the Board of Directors of Franklin Financial Corporation ("Franklin" or "the Company"
(Nasdaq: FRNK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TowneBank (NasdaqGS: TOWN). TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Franklin Financial Corporation and Its Board of Directors in Connection with the Sale of the Company to TowneBank
Business Wire - Wed Jul 16, 6:16AM CDT
Levi & Korsinsky is investigating the Board of Directors of Franklin Financial Corporation ("Franklin" or "the Company"
(Nasdaq:FRNK) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TowneBank (NasdaqGS:TOWN). TOWN: 14.72 (+0.06), FRNK: 21.71 (+0.53)
