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J. Morgan Davis Net Worth (2024)

Author

Daniel Johnson

Updated on March 15, 2026

J. Morgan Davis biography

J. Morgan Davis serves as President, Chief Executive Officer, Director of the Company. Davis has served as President of TowneBank since 2011. He also served as Chief Banking Officer from 2011 until December 2018. In March 2018, in connection with the formation of a new Corporate Management Group as part of a long-term management succession plan, Mr. Davis assumed the additional position of Chief Executive Officer of the Company. Prior to 2011, he served as President of Towne Financial Services Group (“TFS”), which oversees the Company’s non-banking businesses (mortgage, insurance, and real estate brokerage) from 2005 to 2011, and as President of TowneBank Virginia Beach from 1999 to 2005. Mr. Davis is a 40-year banking veteran and served as the founding president of a local banking institution for 13 years and served as President of TowneBank Virginia Beach for six years. Mr. Davis has served on the boards of several prominent community organizations. Mr. Davis provides vital senior management experience and business acumen to our Board of Directors.

What is the salary of J Davis?

As the President, Chief Executive Officer, and Director of Townebank Portsmouth VA, the total compensation of J Davis at Townebank Portsmouth VA is $2,322,250. There are 1 executives at Townebank Portsmouth VA getting paid more, with G Aston having the highest compensation of $3,389,410.