Reports Q1 revenue $246.45M, consensus $252.75M. Reports Q1 tangible book value per share $21.49. “TowneBank (TOWN) posted a strong first quarter achieving record total revenues of $246 million. We continue to invest in top talent across our Carolina footprint while maintaining a disciplined focus on credit quality, liquidity and robust capital levels to support future growth. Our Main Street Banking model remains well positioned to perform across a broad range of economic conditions,” said G. Robert Aston, Jr., Executive Chairman.
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