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
Stock Exchange NASDAQ
Industry Savings institutions, except federal
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ANCB
Previous Symbol
CUSIPN/A
Phone360-491-2250
Debt
Debt-to-Equity Ratio0.54
Current Ratio1.14
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio13.22
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$26.35 million
Price / Sales2.43
Cash Flow$1.2277 per share
Price / Cash Flow20.99
Book Value$27.65 per share
Price / Book0.93
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$2.19 million
Net Margins9.07%
Return on Equity7.23%
Return on Assets1.02%
Miscellaneous
Employees89
Outstanding Shares2,480,000
Market Cap$64.04 million
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 announced that its board has authorized a share buyback program on Saturday, November 18th 2017, which allows the company to repurchase 4,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors 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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.03. The financial services provider earned $5.87 million during the quarter. Anchor Bancorp had a net margin of 9.07% and a return on equity of 7.23%. View Anchor Bancorp's Earnings History.
When is Anchor Bancorp's next earnings date?
What price target have analysts set for ANCB?
1 Wall Street analysts have issued 12-month price objectives for Anchor Bancorp's stock. Their predictions range from $31.00 to $31.00. On average, they expect Anchor Bancorp's share price to reach $31.00 in the next year. 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?
Media coverage about ANCB stock has been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Anchor Bancorp earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact 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 ESSA Bancorp (ESSA), Timberland Bancorp (TSBK), First Northwest BanCorp (FNWB), FS Bancorp (FSBW), Prudential Bancorp (PBIP), Entegra Financial (ENFC), Wellesley Bancorp (WEBK), Home Loan Financial (HLFN), KS Bancorp (KSBI), WVS Financial (WVFC), Quaint Oak Bancorp (QNTO), The First Bancshares (FBSI), THIRD Centy BAN/SH (TDCB), Home Financial Bancorp (HWEN) and First BancTrust (FIRT).
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.
Who are Anchor Bancorp's major shareholders?
Anchor Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Chicago Capital Management LLC (4.46%), M3F Inc. (4.06%), Alliancebernstein L.P. (1.34%) and Renaissance Technologies LLC (0.87%). View Institutional Ownership Trends for Anchor Bancorp.
Which institutional investors are selling Anchor Bancorp stock?
Which institutional investors are buying Anchor Bancorp stock?
How do I buy shares of Anchor Bancorp?
Shares of ANCB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
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 $64.04 million and generates $26.35 million in revenue each year. Anchor Bancorp employs 89 workers across the globe.
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.
