Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, regional bank Towne Bank (NAS: TOWN) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Towne's business and see what CAPS investors are saying about the stock right now.
Portsmouth, Va. (1998)
Chairman/CEO Robert Aston
Return on Equity (average, past 3 years)
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 96% of the 46 members who have rated Towne believe the stock will outperform the S&P 500 going forward.
Towne Bank is my local bank. They do well in my area, and are well thought of. The economy is notably stronger in Hampton Roads, VA than the rest of the country, and unemployment is a few points lower as well. They have expanded their footprint onto the Outer Banks of [North Carolina] where the well heeled live and vacation.
To stay up-to-speed on the top news and analysis on Towne Bank or any other stock, add it to your stock watchlist. If you don't have one yet, you can create a watchlist of your favorite stocks by clicking here.
Want to see how well (or not so well) the stocks in this series are performing? Follow the newTrackPoisedToCAPS account.
At the time thisarticle was published Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.