How many employees work at TowneBank?
TowneBank (TOWN) has approximately 2,999 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. TowneBank’s total headcount has declined 3.5% from 3,107 employees in 2023 to 2,999 in 2026.
Is TowneBank hiring right now?
Yes, TowneBank is actively hiring. TowneBank had 244 active job postings in 2026, a 63.8% increase from 2025 — see job openings & hiring trends.
About TowneBank’s Workforce
TowneBank (TOWN) is a Financial Services company that employs 2,999 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1998, the company is headquartered in Portsmouth, Virginia and trades on the NASDAQ.
TowneBank's workforce has declined 3.5% from 2023 to 2026, down 0.8% year over year in 2026. It fell to a low of 2,985 in 2025 Q4 before recovering. Its workforce is concentrated most in North America (98.3%), followed by Northern Europe (0.7%) and Southeast Asia (0.3%).
TowneBank's functional groups are Finance and Operations (62.3%), Sales and Marketing (19.4%), and Engineering (18.3%). The average salary is $88,570, ranging from a median of $75,000 in North America to $16,000 in Southeast Asia, down 1.1% year over year in 2026.
TowneBank's active job postings rose 63.8% in 2026 to 244, with new postings per month cooling from 160 in 2023 to 123 in 2026. Overall employee sentiment is neutral but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: TOWN
- Headquarters
- Portsmouth, Virginia
- Founded
- 1998
- Industry
- Financial Services
- Employees
- 2,999
- YoY
- -0.8% (-44)
As of March 2026
TowneBank workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for TowneBank. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsTowneBank Annual Employee Count (2023-2026)
- TowneBank had 2,999 employees in 2026, a 0.8% decline (-44) from 2025.
- TowneBank had 2,985 employees in 2025, a 0.7% decline (-76) from 2024.
- TowneBank had 3,061 employees in 2024, a 0.8% decline (-30) from 2023.
- TowneBank had 3,091 employees in 2023, a 0.2% decline (+37) from 2022.
TowneBank's total workforce has grown from 2,985 employees in 2025 to 2,999 in 2026. TowneBank's headcount peaked at 3,107 in 2023 before declining in 2025 and recovering through 2026.
TowneBank quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 2,999 | -44 | -0.8% |
| 2025 | Q4 | 2,985 | -76 | -0.7% |
| 2025 | Q3 | 3,005 | -65 | -0.7% |
| 2025 | Q2 | 3,039 | -58 | -0.9% |
| 2025 | Q1 | 3,043 | -30 | -0.3% |
| 2024 | Q4 | 3,061 | -30 | -0.8% |
| 2024 | Q3 | 3,070 | -26 | -0.9% |
| 2024 | Q2 | 3,097 | -10 | -0.8% |
| 2024 | Q1 | 3,073 | -3 | -0.7% |
| 2023 | Q4 | 3,091 | +37 | -0.2% |
| 2023 | Q3 | 3,096 | +51 | +0.1% |
| 2023 | Q2 | 3,107 | +25 | +0.0% |
See TowneBank's complete headcount history, including quarterly breakdowns.
Get the DataTowneBank Employee Count by Region (2026)
North America accounts for the largest share of TowneBank's global workforce with approximately 98% of total employees, followed by Northern Europe and Southeast Asia.
TowneBank employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 2,927 | 98.3% |
| Northern Europe | 21 | 0.7% |
| Southeast Asia | 8 | 0.3% |
| Western Europe | 7 | 0.2% |
| Sub-Saharan Africa | 5 | 0.2% |
| South Asia | 4 | 0.1% |
| South America | 2 | 0.1% |
| Central America and the Caribbean | 2 | 0.1% |
| East Asia | 1 | 0.0% |
| Eastern Europe | 1 | 0.0% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataTowneBank Employee Count by Department (2026)
TowneBank's employee groups are Finance and Operations (62.3%), Sales and Marketing (19.4%), and Engineering (18.3%).
TowneBank employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 1,853 | 62.3% |
| Sales and Marketing | 576 | 19.4% |
| Engineering | 545 | 18.3% |
Compare TowneBank's department mix to industry peers.
See Full DataTowneBank Employee Salary by Region (2026)
TowneBank's average employee salary is $88,570 globally. Employees in North America receive the highest compensation. Pay is lowest in Southeast Asia, at a median of $16,000.
TowneBank median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $75,000 |
| Western Europe | $66,000 |
| Northern Europe | $51,000 |
| South America | $25,000 |
| Sub-Saharan Africa | $19,000 |
| Southeast Asia | $16,000 |
| South Asia | $10,000 |
Unlock salary by role, level, and city — and compare to TowneBank's industry peers.
Unlock Salary DataTowneBank Job Openings and Hiring Trends (2023-2026)
- TowneBank had 244 active job postings in 2026, a 63.8% increase (+42) from 2025.
- TowneBank had 202 active job postings in 2025, a 36.3% increase (+62) from 2024.
- TowneBank had 140 active job postings in 2024, a 41.8% decline (-74) from 2023.
- TowneBank had 214 active job postings in 2023, a 28.1% decline from 2022.
- Hiring velocity in 2026: 123 new roles/month, up from 111 in 2025 and 111 in 2024.
TowneBank's active job postings rose 63.8% in 2026 to 244, with new postings per month cooling from 160 in 2023 to 123 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataTowneBank Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across TowneBank's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About TowneBank
- How fast is TowneBank growing?
- In 2026, TowneBank's headcount shrank 0.8% to 2,999 employees, down from 3,043 in 2025.
- See the full headcount history
- Where are TowneBank employees located?
- Most TowneBank employees are based in North America (98.3% of headcount), followed by Northern Europe and Southeast Asia.
- Explore where the workforce is based
- What is the average salary at TowneBank?
- The average employee salary at TowneBank is approximately $88.6k per year.
- Analyze the salary distribution
- How many new job postings does TowneBank open per year?
- In Q1 2026, TowneBank opened 370 new job postings. In 2025, TowneBank opened 1,328 new job postings — about 111 per month.
- Track hiring trends by role
- When was TowneBank founded and where is it headquartered?
- TowneBank was founded in 1998 and is headquartered in Portsmouth, Virginia.
- Compare TowneBank to industry peers
Speak with a workforce expert about TowneBank.
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