Anchor Bancorp operates as the bank holding company for Anchor Bank that provides various banking products and services in Western Washington. The company accepts deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit. Its loan products include commercial and multi-family real estate, one-to-four family real estate, construction and land, consumer, and commercial business loans. The company also offers cash management services. Its investment portfolio consists of mortgage-backed securities, municipal bonds, and mutual funds. The company operates nine full-service banking offices located in Grays Harbor, Thurston, Lewis, and Pierce counties, as well as a loan production office located in King County, Washington. Anchor Bancorp was founded in 1907 and is headquartered in Lacey, Washington.
Industry, Sector and Symbol
Industry Savings institutions, except federal
Sub-IndustryN/A
SectorFinance
Phone360-491-2250
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$26.35 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Anchor Bancorp (NASDAQ:ANCB) Frequently Asked Questions
What is Anchor Bancorp's stock symbol?
Anchor Bancorp trades on the NASDAQ under the ticker symbol "ANCB."
How will Anchor Bancorp's stock buyback program work?
Anchor Bancorp declared that its board has authorized a share repurchase program on Saturday, November 18th 2017, which allows the company to repurchase 4,000,000 shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.
How were Anchor Bancorp's earnings last quarter?
Anchor Bancorp (NASDAQ:ANCB) announced its quarterly earnings results on Monday, October, 29th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.03. The financial services provider earned $5.87 million during the quarter. Anchor Bancorp had a return on equity of 7.23% and a net margin of 9.07%. View Anchor Bancorp's Earnings History.
What price target have analysts set for ANCB?
1 Wall Street analysts have issued 12-month target prices for Anchor Bancorp's stock. Their predictions range from $31.00 to $31.00. On average, they expect Anchor Bancorp's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Anchor Bancorp.
What is the consensus analysts' recommendation for Anchor Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Anchor Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Anchor Bancorp.
Has Anchor Bancorp been receiving favorable news coverage?
Headlines about ANCB stock have trended somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Anchor Bancorp earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are some of Anchor Bancorp's key competitors?
Some companies that are related to Anchor Bancorp include Greene County Bancorp (GCBC), FS Bancorp (FSBW), Timberland Bancorp (TSBK), Entegra Financial (ENFC), First Northwest BanCorp (FNWB), ESSA Bancorp (ESSA), Prudential Bancorp (PBIP), Rhinebeck Bancorp (RBKB), Wellesley Bancorp (WEBK), Home Loan Financial (HLFN), The First Bancshares (FBSI), WVS Financial (WVFC), Quaint Oak Bancorp (QNTO), THIRD Centy BAN/SH (TDCB) and Home Financial Bancorp (HWEN).
What other stocks do shareholders of Anchor Bancorp own?
Who are Anchor Bancorp's key executives?
Anchor Bancorp's management team includes the folowing people:
- Mr. Jerald L. Shaw, Pres, CEO & Director (Age 72)
- Ms. Terri L. Degner, Exec. VP, CFO, Treasurer & Director (Age 55)
- Mr. Matthew F. Moran, Exec. VP & Chief Credit Officer (Age 55)
- Mr. Gary P. Koch, Exec. VP (Age 64)
- Janice Sepulveda, Corp. Sec.
What is Anchor Bancorp's stock price today?
One share of ANCB stock can currently be purchased for approximately $25.77.
How big of a company is Anchor Bancorp?
Anchor Bancorp has a market capitalization of $63.91 million and generates $26.35 million in revenue each year.
What is Anchor Bancorp's official website?
How can I contact Anchor Bancorp?
Anchor Bancorp's mailing address is 601 WOODLAND SQUARE LOOP SE, LACEY WA, 98503. The financial services provider can be reached via phone at 360-491-2250 or via email at [email protected]
MarketBeat Community Rating for Anchor Bancorp (NASDAQ ANCB)
MarketBeat's community ratings are surveys of what our community members think about Anchor Bancorp and other stocks. Vote "Outperform" if you believe ANCB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ANCB will underperform the S&P 500 over the long term. You may vote once every thirty days.
