Benzinga | Oct 28, 2021 08:49AM EDT

Towne Bank Q3 EPS $0.69 Beats $0.67 Estimate, Sales $170.08M Beat $161.69M Estimate

Towne Bank (NASDAQ:TOWN) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.67 by 2.99 percent. This is a 43.75 percent increase over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $170.08 million which beat the analyst consensus estimate of $161.69 million by 5.19 percent. This is a 11.48 percent decrease over sales of $192.13 million the same period last year.