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The Nexus
BUSINESSJul 23 · 02:09 UTCWTOP DCWTOP Staff

TowneBank: Q2 Earnings Snapshot

TowneBank reported Q2 net income of $193.2 million with earnings of $2.09 per share. Adjusted earnings were 78 cents per share, while revenue net of interest expense was $247 million, below Street forecasts.

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