TowneBank reports total assets of $19.7 billion for Q3 2025

Reuters
2025.11.02 15:42
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TowneBank reported total assets of $19.7 billion, total loans of $13.4 billion, and total deposits of $16.5 billion for Q3 2025. The core return on average assets (ROAA) was 1.4%, and the core return on tangible common equity (ROTCE) was 16.0%. The net interest margin stood at 3.5%, with non-interest-bearing deposits at 31% of total deposits. The bank holds the largest deposit market share in Hampton Roads and achieved a 10-year total shareholder return of 143%.

TowneBank reported total assets of $19.7 billion, total loans of $13.4 billion, and total deposits of $16.5 billion as of the third quarter of 2025. The core return on average assets (ROAA) was 1.4%, while the core return on tangible common equity (ROTCE) reached 16.0%. The net interest margin (FTE) stood at 3.5%, and non-interest-bearing deposits accounted for 31% of total deposits. TowneBank holds the largest deposit market share in the Hampton Roads region and has achieved a compound annual growth rate in earnings of 22.7% from fiscal year 2000 to 2024. The company also reported a 10-year total shareholder return of 143% as of September 30, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TowneBank published the original content used to generate this news brief on October 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here