Weekly Recap: Pre‑tax ~$198.55M gain & dividend and 12.7% estimate cut
TowneBank (NASDAQ:TOWN) swung to a $198.55M one‑time pre‑tax gain from selling Towne Vacations, paid a $0.70 special dividend and absorbed $8.68M in M&A costs, even as earnings estimates slid ~12.7% in three months and the median 12‑month target sits at $39.Previous Week RecapThis is an AI-generate…