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TowneBank Q2 Non-GAAP Earnings Rise, Revenue Falls
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TowneBank Q2 Non-GAAP Earnings Rise, Revenue Falls
Jul 24, 2024 3:11 PM

05:53 PM EDT, 07/24/2024 (MT Newswires) -- TowneBank ( TOWN ) reported Q2 non-GAAP earnings late Wednesday of $0.57 per diluted share, up from $0.52 a year earlier.

Four analysts polled by Capital IQ expected $0.48.

Revenue for the quarter ended June 30 was $175 million, down from $181.6 million a year earlier.

Four analysts surveyed by Capital IQ expected $172.2 million.

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