TowneBank Reports Q3 Earnings Beat on Non-GAAP EPS and Revenue
TowneBank (TOWN) reported third-quarter financial results that exceeded analyst expectations. The company posted a non-GAAP earnings per share (EPS) of $0.91, surpassing estimates by $0.08, while total revenue reached $257.89 million. This revenue figure represents a 19.6% increase year-over-year and beat consensus estimates by approximately $2.39 million. The results reflect steady growth in the company's top-line performance compared to the previous year.
Tickers: $TOWN
Topics: earnings beat non-GAAP EPS revenue growth