TowneBank (TOWN) Balance Sheet
TOWN balance sheet, 2025
December 31, 2025 · U.S. dollars$19.69B assets = $17.26B liabilities + $2.43B equity
Both columns are drawn to the same scale: what TOWN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
TOWN financial health
Descriptive bands, not a rating. Fiscal 2025.
TOWN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.97B2016 | $19.69B2025 | +10.6%/yr | |
| Total liabilities | $6.89B2016 | $17.26B2025 | +10.7%/yr | |
| Shareholders’ equity | $1.08B2016 | $2.42B2025 | +9.4%/yr | |
| Cash & short-term investments | $949.5M2016 | $253.5M2025 | −13.6%/yr | |
| Total debt | $720.1M2016 | $371.1M2025 | −7.1%/yr | |
| Net cash (debt) | $229.5M2016 | −$117.6M2025 | −$347.1M | |
| Working capital | −$5.12B2016 | −$12.15B2025 | −$7.0B | |
| Book value per share | $18.922016 | $31.562025 | +5.9%/yr | |
| Debt / equity | 0.672016 | 0.152025 | −0.52 | |
| Shares outstanding | 56.8M2016 | 76.8M2025 | +3.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
TOWN assets
TOWN liabilities and equity
TOWN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
TOWN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $253.5M | $1.40B | $3.26B | $152.6M | $5.10B | $3.23B | $1.88B | $1.78B | $1.39B | $949.5M |
| Cash & equivalents | $253.5M | $1.34B | $1.13B | $1.15B | $3.30B | $1.86B | $442.6M | $686.7M | $521.2M | $136.5M |
| Short-term investments | $167.6M | $62.3M | $2.13B | $1.84B | $1.81B | $1.37B | $1.44B | $1.10B | $867.7M | $813.0M |
| Receivables | $0 | $0 | $0 | $62.4M | $59.1M | $61.6M | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $560,000 | $4.6M | $5.0M | $15.4M | $19.4M | $23.3M | $24.5M |
| Other current assets | $1.10B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1.35B | $1.40B | $3.26B | $152.6M | $5.10B | $3.23B | $1.88B | $1.78B | $1.39B | $949.5M |
| Property, plant & equipment (net) | $431.0M | $368.9M | $337.6M | $304.8M | $270.8M | $260.2M | $231.8M | $211.8M | $194.9M | $198.6M |
| Goodwill & intangible assets | $690.6M | $517.8M | $521.0M | $501.6M | $507.6M | $497.9M | $501.2M | $492.4M | $308.8M | $302.8M |
| Long-term investments | $2.88B | $2.58B | $2.62B | $2.40B | $1.97B | $1.39B | $1.49B | $1.15B | $929.0M | $879.5M |
| Other non-current assets | $14.33B | $12.38B | $10.10B | $12.49B | $8.51B | $9.24B | $7.84B | $7.53B | $5.70B | $5.64B |
| Total assets | $19.69B | $17.25B | $16.84B | $15.85B | $16.36B | $14.63B | $11.95B | $11.16B | $8.52B | $7.97B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $34.2M | $13.57B | $11.57B | $9.27B | $8.37B | $6.45B | $6.04B |
| Short-term debt | $34.8M | $33.7M | $32.8M | $76.3M | $88.0M | $380.4M | $52.4M | $47.2M | $24.9M | $32.5M |
| Total current liabilities | $13.50B | $14.47B | $13.93B | $12.56B | $11.77B | $9.57B | $9.32B | $8.42B | $6.47B | $6.07B |
| Long-term debt | $336.3M | $263.2M | $459.8M | $524.4M | $541.5M | $543.4M | $248.5M | $247.9M | $247.2M | $687.5M |
| Other long-term liabilities | $3.42B | $357.1M | $393.4M | $0 | $0 | $161.7M | $722.2M | $959.2M | $659.4M | $132.1M |
| Total liabilities | $17.26B | $15.09B | $14.78B | $252.1M | $405.0M | $705.1M | $10.29B | $9.62B | $7.38B | $6.89B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $131.6M | $125.5M | $124.8M | $121.4M | $121.2M | $121.1M | $121.1M | $120.8M | $104.4M | $104.2M |
| Retained earnings (deficit) | $1.09B | $1.01B | $921.1M | $840.8M | $716.6M | $557.9M | $467.2M | $379.2M | $282.7M | $229.5M |
| Accumulated other comprehensive income | −$51.7M | −$116.0M | −$118.8M | −$140.5M | $10.6M | $41.2M | $11.3M | −$9.2M | −$5.7M | −$4.0M |
| Minority interest | $6.9M | $15.4M | $15.9M | $3.6M | $3.3M | $3.5M | — | — | — | — |
| Total shareholders' equity | $2.42B | $2.14B | $2.04B | $15.59B | $15.96B | $13.92B | $1.64B | $1.53B | $1.13B | $1.08B |
| Key figures | ||||||||||
| Total debt | $371.1M | $296.9M | $492.6M | $600.8M | $629.5M | $923.8M | $772.5M | $1.09B | $799.0M | $720.1M |
| Net cash (debt) | −$117.6M | $1.10B | $2.77B | −$448.1M | $4.47B | $2.31B | $1.11B | $687.7M | $588.4M | $229.5M |
| Working capital | −$12.15B | −$13.07B | −$10.67B | −$12.41B | −$6.67B | −$6.34B | −$7.44B | −$6.64B | −$5.09B | −$5.12B |
| Tangible book value | $1.73B | $1.62B | $1.52B | $15.09B | $15.45B | $13.42B | $1.14B | $1.03B | $822.4M | $772.3M |
| Book value per share | $31.56 | $28.44 | $27.32 | $214.85 | $219.90 | $192.42 | $22.73 | $21.40 | $18.13 | $18.92 |
| Shares outstanding | 76.8M | 75.2M | 74.7M | 72.6M | 72.6M | 72.3M | 72.2M | 71.3M | 62.4M | 56.8M |
| Current ratio | 0.10 | 0.10 | 0.23 | 0.01 | 0.43 | 0.34 | 0.20 | 0.21 | 0.21 | 0.16 |
| Quick ratio | 0.02 | 0.10 | 0.23 | 0.02 | 0.44 | 0.34 | 0.20 | 0.21 | 0.21 | 0.16 |
| Debt / equity | 0.15 | 0.14 | 0.24 | 0.04 | 0.04 | 0.07 | 0.47 | 0.72 | 0.71 | 0.67 |
| Equity / assets | 12.3% | 12.4% | 12.1% | 98.4% | 97.5% | 95.2% | 13.7% | 13.7% | 13.3% | 13.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $158.8M | $95.5M | $253.5M | $1.34B | $1.18B | $1.33B | $1.40B | $3.66B | $3.55B | $3.21B | $3.26B | $3.08B |
| Cash & equivalents | $158.8M | $95.5M | $253.5M | $1.25B | $1.11B | $1.32B | $1.34B | $1.30B | $1.30B | $1.00B | $1.13B | $1.11B |
| Short-term investments | — | $188.3M | $167.6M | $89.7M | $66.4M | $15.8M | $62.3M | $2.36B | $2.25B | $2.20B | $2.13B | $1.96B |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $1.10B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $158.8M | $95.5M | $1.35B | $1.34B | $1.18B | $1.33B | $1.40B | $3.66B | $3.55B | $3.21B | $3.26B | $3.08B |
| Property, plant & equipment (net) | $444.8M | $438.8M | $431.0M | $422.1M | $392.1M | $373.1M | $368.9M | $365.8M | $340.3M | $342.6M | $337.6M | $335.5M |
| Goodwill & intangible assets | $905.4M | $906.8M | $690.6M | $693.6M | $573.9M | $514.8M | $517.8M | $520.9M | $523.1M | $526.4M | $521.0M | $524.2M |
| Long-term investments | $0 | $3.00B | $2.88B | $2.86B | $2.77B | $2.68B | $2.58B | $2.59B | $2.48B | $2.53B | $2.62B | $2.53B |
| Other non-current assets | $21.11B | $17.91B | $14.33B | $14.37B | $13.35B | $12.61B | $12.38B | $10.05B | $10.18B | $10.28B | $10.10B | $10.22B |
| Total assets | $22.62B | $22.36B | $19.69B | $19.68B | $18.26B | $17.51B | $17.25B | $17.19B | $17.07B | $16.88B | $16.84B | $16.68B |
| Liabilities | ||||||||||||
| Short-term debt | $39.0M | $31.0M | $34.8M | $25.7M | $20.8M | $20.9M | $33.7M | $31.0M | $35.4M | $31.2M | $32.8M | $47.3M |
| Total current liabilities | $39.0M | $31.0M | $13.50B | $16.56B | $15.35B | $14.63B | $14.47B | $14.39B | $14.31B | $14.16B | $13.93B | $13.93B |
| Long-term debt | $0 | $481.5M | $336.3M | $336.5M | $273.3M | $263.2M | $263.2M | $259.8M | $259.8M | $259.8M | $459.8M | $359.7M |
| Other long-term liabilities | $19.58B | $18.95B | $3.42B | $384.3M | $402.8M | $402.3M | $357.1M | $371.3M | $411.8M | $401.3M | $393.4M | $408.3M |
| Total liabilities | $19.62B | $19.40B | $17.26B | $17.28B | $16.03B | $15.29B | $15.09B | $15.03B | $14.98B | $14.82B | $14.78B | $14.70B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $154.1M | $154.0M | $131.6M | $131.6M | $125.7M | $125.7M | $125.5M | $125.1M | $125.1M | $125.0M | $124.8M | $124.8M |
| Retained earnings (deficit) | $1.21B | $1.10B | $1.09B | $1.08B | $1.06B | $1.04B | $1.01B | $985.3M | $961.2M | $937.1M | $921.1M | $911.0M |
| Accumulated other comprehensive income | −$36.3M | $23.1M | −$51.7M | −$63.4M | −$83.1M | −$87.9M | −$116.0M | −$81.5M | −$129.2M | −$126.6M | −$118.8M | −$179.0M |
| Minority interest | — | $6.8M | $6.9M | $7.5M | $7.6M | $16.3M | — | — | — | — | — | — |
| Total shareholders' equity | $2.99B | $2.95B | $2.42B | $2.40B | $2.23B | $2.20B | $2.14B | $2.15B | $2.07B | $2.05B | $2.04B | $1.97B |
| Key figures | ||||||||||||
| Total debt | $450.2M | $512.5M | $371.1M | $362.2M | $294.1M | $284.1M | $296.9M | $290.8M | $295.2M | $291.0M | $492.6M | $407.0M |
| Net cash (debt) | −$291.5M | −$417.0M | −$117.6M | $977.4M | $884.0M | $1.05B | $1.10B | $3.37B | $3.26B | $2.92B | $2.77B | $2.67B |
| Working capital | $119.8M | $64.5M | −$12.15B | −$15.22B | −$14.17B | −$13.30B | −$13.07B | −$10.73B | −$10.76B | −$10.95B | −$10.67B | −$10.85B |
| Tangible book value | $2.09B | $2.04B | $1.73B | $1.70B | $1.66B | $1.69B | $1.62B | $1.63B | $1.55B | $1.52B | $1.52B | $1.44B |
| Book value per share | $32.39 | $32.50 | $30.62 | $31.23 | $29.54 | $29.14 | $28.41 | $28.56 | $27.62 | $27.33 | $27.27 | $26.32 |
| Shares outstanding | 92.5M | 90.8M | 79.1M | 76.8M | 75.5M | 75.5M | 75.3M | 75.1M | 75.0M | 75.0M | 74.8M | 74.8M |
| Current ratio | 4.07 | 3.08 | 0.10 | 0.08 | 0.08 | 0.09 | 0.10 | 0.25 | 0.25 | 0.23 | 0.23 | 0.22 |
| Quick ratio | 4.07 | 3.08 | 0.02 | 0.08 | 0.08 | 0.09 | 0.10 | 0.25 | 0.25 | 0.23 | 0.23 | 0.22 |
| Debt / equity | 0.15 | 0.17 | 0.15 | 0.15 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.24 | 0.21 |
| Equity / assets | 13.2% | 13.2% | 12.3% | 12.2% | 12.2% | 12.6% | 12.4% | 12.5% | 12.1% | 12.1% | 12.1% | 11.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
TOWN financial position
At the end of fiscal 2025 (December 31, 2025), TowneBank had total assets of $19.7 billion (up 14.2% from a year earlier), total liabilities of $17.3 billion and shareholders' equity of $2.4 billion. It held $253.5 million in cash and short-term investments against $371.1 million of debt, net debt of $117.6 million. Its current ratio was 0.10. In the latest quarter (ended June 30, 2026) total assets were $22.6 billion and equity $3.0 billion.
Related: TOWN income statement, TOWN cash flow statement, TOWN key metrics. See the TOWN stock overview for the latest quote and news.
TOWN balance sheet FAQ
What are TowneBank's total assets?
TowneBank reported total assets of $19.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $17.2 billion a year earlier.
How much debt does TowneBank have?
TowneBank had $371.1 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.15.
How much cash does TowneBank have?
TowneBank held $253.5 million in cash and short-term investments at the end of fiscal 2025; with $371.1 million of debt that is net debt of $117.6 million.
What is TowneBank's book value?
TowneBank's shareholders' equity (book value) was $2.4 billion at the end of fiscal 2025, or $31.56 per share.
What is TowneBank's current ratio?
TowneBank had current assets of $1.4 billion and current liabilities of $13.5 billion, a current ratio of 0.10 (current liabilities exceed current assets).
How much goodwill does TowneBank have?
TowneBank carried $690.6 million of goodwill and intangible assets, 3.5% of total assets, at the end of fiscal 2025.