TowneBank Q3 2026 net income jumps 84% year over year to $81.99 million
TOWN•TowneBank’s third-quarter 2026 net income attributable to common shareholders rose 85% year over year to $81.78 million. Revenue increased 16% to $257.89 million, and net interest income climbed 34% to $196.21 million.
1. Quarterly results
TowneBank reported third-quarter 2026 net income attributable to common shareholders of $81.78 million, up 85% year over year. Revenue rose 16% to $257.89 million, and net interest income climbed 34% to $196.21 million. The provision for credit losses was a $1.18 million benefit, compared with an expense in the prior-year quarter. Management said priorities include integrating Dogwood’s systems and identifying opportunities to expand the Towne Financial Services platform.
