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Company Profiles: Revenue, Growth, Competition

TOWNEBANK Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Townebank

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Townebank Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry52211 Commercial Banking
Address6001 Harbour View Blvd
Suffolk, VA 23435

townebank.com/locations-and-atms/virginia/hampton-roads/harbour-view-financial-centerutmsourceextnet
Note: Revenues for privately held companies are statistical evaluations.


Townebank's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Commercial Banking industry.


Townebank's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Townebank Annual Revenue and Growth Rate

Townebank Revenue Est.
($ Million)
Growth Rate (%)# Employees
2021 Details in Premium Report
2020
2019
2018
2017


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Townebank's revenues are gauged from an analysis of company filings.



Townebank's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Townebank Revenue (Sales) Townebank Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Townebank is developing and marketing. Townebank doesn't have any recent trademark applications, indicating Townebank is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
TOWNE FAMILY OF COMPANIES
Banking services; residential real estate brokerage services; financial asset management services; mortgage lending services; investment brokerage services; investment advices; insurance brokerage in the field of property and casualty insurance, group health, dental, vision, life, and disability insurance; administration of flexible spending savings accounts
04/07/2014
LINELOCK
Financial services rendered in connection with the issuance, receipt and transfer of lines of credit, namely, credit processing services; providing personal loans and lines of credit
04/07/2014
TOWNE LINELOCK
Financial services rendered in connection with the issuance, receipt and transfer of lines of credit, namely, credit processing services; providing personal loans and lines of credit
04/07/2014

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Townebank grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Townebank is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Commercial Banking

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Townebank's Largest Competitors

A competitive analysis shows these companies are in the same general field as Townebank, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
JPMORGAN CHASE BANK N.A.New York, NY100 
TRUIST FINANCIALCharlotte, NC31 
U.S. BANCORPMinneapolis, MN23 
PNC FINANCIAL SERVICES GROUPPittsburgh, PA20 
TD BANK N.A.Falmouth, ME11 
TD BANKFalmouth, ME10 
REGIONS FINANCIALBirmingham, AL8 
KANSAS BANKERS SERVICES INC. GROUP TERM DEPENDENT CARE LIFE PLANTopeka, KS7 
FIFTH THIRD BANKCincinnati, OH7 




Nearby Competitors

These companies are similar in business line and location to Townebank. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
TOWNEBANKSuffolk, VA100 
CHARTWAY FEDERAL CREDIT UNIONVirginia Beach, VA11 
FARMERS BANKWindsor, VA3 
BEACH MUNICIPAL FEDERAL CREDIT UNIONVirginia Beach, VA1 
VIRGINIA BEACH SCHOOLS FEDERAL CREDIT UNIONVirginia Beach, VA1 
VIRGINIA BEACH POSTAL FEDERAL CREDIT UNIONVirginia Beach, VA0 




Future Competition: Townebank's Fastest Growing Competitors

These companies are in the same general field as Townebank and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Townebank Competitors