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. It offers one-to-four family loans, home equity loans and lines of credit, commercial and multi-family real estate loans, commercial business loans, construction and land loans, unsecured consumer loans, and automobile loans; and other cash management services. Its investment portfolio consists of mortgage-backed securities, municipal bonds, and mutual funds. It operates 10 full-service banking offices located in Grays Harbor, Thurston, Lewis, Pierce, and Mason 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
SymbolNASDAQ:ANCB
CUSIPN/A
Phone360-491-2250
Debt
Debt-to-Equity Ratio0.69
Current Ratio1.15
Quick Ratio1.15
Price-To-Earnings
Trailing P/E Ratio15.86
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$26.35 million
Price / Sales2.75
Cash Flow$1.3201 per share
Price / Cash22.12
Book Value$26.30 per share
Price / Book1.11
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$2.19 million
Net Margins8.32%
Return on Equity6.95%
Return on Assets0.97%
Miscellaneous
Employees103
Outstanding Shares2,480,000
Market Cap$73.28 million
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 initiated a stock repurchase plan on Saturday, November 18th 2017, which authorizes the company to repurchase 4,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually 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 Friday, July, 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.05. The financial services provider had revenue of $5.68 million for the quarter. Anchor Bancorp had a net margin of 8.32% and a return on equity of 6.95%. View Anchor Bancorp's Earnings History.
When is Anchor Bancorp's next earnings date?
What price target have analysts set for ANCB?
1 brokerages have issued 1-year target prices 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 twelve months. This suggests a possible upside of 6.2% 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.
Who are some of Anchor Bancorp's key competitors?
Some companies that are related to Anchor Bancorp include Timberland Bancorp (TSBK), FS Bancorp (FSBW), Entegra Financial (ENFC), ESSA Bancorp (ESSA), First Northwest BanCorp (FNWB), Prudential Bancorp (PBIP), Wellesley Bancorp (WEBK), First BancTrust (FIRT), Home Loan Financial (HLFN), KS Bancorp (KSBI), Hibernia Bancorp (HIBE), WVS Financial (WVFC), Quaint Oak Bancorp (QNTO), The First Bancshares (FBSI) and THIRD Centy BAN/SH (TDCB).
Who are Anchor Bancorp's key executives?
Anchor Bancorp's management team includes the folowing people:
- Mr. Jerald L. Shaw, CEO, Pres & 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.
Has Anchor Bancorp been receiving favorable news coverage?
News stories about ANCB stock have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Anchor Bancorp earned a daily sentiment score of 0.16 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 45.51 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Anchor Bancorp.
Who are Anchor Bancorp's major shareholders?
Anchor Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include M3F Inc. (5.62%), Beese Fulmer Investment Management Inc. (0.45%) and Traynor Capital Management Inc. (0.35%). View Institutional Ownership Trends for Anchor Bancorp.
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 $29.20.
How big of a company is Anchor Bancorp?
Anchor Bancorp has a market capitalization of $73.28 million and generates $26.35 million in revenue each year. Anchor Bancorp employs 103 workers across the globe.
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.
