NASDAQ:ANCX - Access National Stock Price, News, & Analysis

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$25.60 -0.85 (-3.21 %)

(As of 10/21/2018 10:56 AM ET)

Previous Close$25.60

Today's Range$25.58 - $26.37

52-Week Range$25.58 - $30.99

Volume104,034 shs

Average Volume141,279 shs

Market Capitalization$535.83 million

P/E Ratio15.42

Dividend Yield2.50%

Beta0.63

Access National Corporation operates as the bank holding company for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, professionals, and associated individuals primarily in the greater Washington, D.C. Metropolitan Area. The company operates through three segments: Commercial Banking, Mortgage Banking, and Wealth Management. It offers checking, savings/money market, sweep, and zero balance accounts; investment management, financial planning, lockbox payment processing, payroll, and retirement account services, as well as certificates of deposit, qualified and employer sponsored retirement plans, and overnight investments; and loan products, including residential mortgage, asset secured, business investment, construction, and lot and land loans. In addition, the company provides lending products, such as accounts receivable lines of credit and collection; growth capital term loans; partner buyout funding; business acquisition, franchise, and equipment financing, as well as debt re-financing; and commercial mortgage and construction, and SBA preferred lender loans. The company operates from 15 banking centers located in Chantilly, Tysons, Reston, Leesburg, Manassas, Arlington, Alexandria, Ashburn, Gainesville, Marshall, Middleburg, Purcellville, Richmond, and Warrenton in Virginia. Access National Corporation was founded in 1999 and is headquartered in Reston, Virginia.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryRegional Banks

SectorFinance

SymbolNASDAQ:ANCX

CUSIP00433710

Webwww.accessnationalbank.com

Phone703-871-2100

Debt

Debt-to-Equity Ratio0.10

Current Ratio0.90

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio15.42

Forward P/E Ratio15.24

P/E GrowthN/A

Sales & Book Value

Annual Sales$127.57 million

Price / Sales4.20

Cash Flow$1.7510 per share

Price / Cash14.62

Book Value$20.61 per share

Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$1.61

Net Income$16.50 million

Net Margins19.04%

Return on Equity8.06%

Return on Assets1.19%

Miscellaneous

Employees415

Outstanding Shares20,930,000

Market Cap$535.83 million

Access National (NASDAQ:ANCX) Frequently Asked Questions

What is Access National's stock symbol?

Access National trades on the NASDAQ under the ticker symbol "ANCX."

How often does Access National pay dividends? What is the dividend yield for Access National?

Access National declared a quarterly dividend on Thursday, July 26th. Investors of record on Thursday, August 9th will be given a dividend of $0.16 per share on Friday, August 24th. This represents a $0.64 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Wednesday, August 8th. This is an increase from Access National's previous quarterly dividend of $0.15. View Access National's Dividend History.

How were Access National's earnings last quarter?

Access National Co. (NASDAQ:ANCX) posted its earnings results on Thursday, July, 26th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01. The financial services provider earned $32.11 million during the quarter, compared to the consensus estimate of $32.20 million. Access National had a net margin of 19.04% and a return on equity of 8.06%. View Access National's Earnings History.

When is Access National's next earnings date?

Access National is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Access National.

What price target have analysts set for ANCX?

6 equities research analysts have issued twelve-month price targets for Access National's stock. Their forecasts range from $30.00 to $34.00. On average, they anticipate Access National's stock price to reach $31.40 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View Analyst Price Targets for Access National.

What is the consensus analysts' recommendation for Access National?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Access National in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Access National.

What are Wall Street analysts saying about Access National stock?

Here are some recent quotes from research analysts about Access National stock:

1. According to Zacks Investment Research, "Access National Corporation serves as the holding company for Access National Bank and its subsidiaries, Access National Mortgage Corporation and Access National Leasing Corporation. " (10/18/2018)
2. Maxim Group analysts commented, "ANCX reported 2Q18 EPS of $0.43 (including $0.04 related to a large wealth management fee), versus consensus of $0.44. In our view, it was a solid quarter, but below our expectations in regard to mortgage banking. We are lowering our 2018 EPS estimate to $1.74, from $1.85, based on 2Q18 results. Based on our new 2018 EPS estimate, we are lowering our price target to $31, from $33. Our price target equates to 17.8x (unchanged) our 2018 EPS estimate, versus 14.7x for small-cap peer banks. We believe that ANCX deserves a premium to peers based on its outstanding credit quality record (especially during the economic downturn that began in 2008) and its above- peer contribution from non-interest income (28% of revenues in 2Q18)." (7/30/2018)

Who are some of Access National's key competitors?

Some companies that are related to Access National include Axos Financial (AX), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Flagstar Bancorp (FBC), Capitol Federal Financial (CFFN), Provident Financial Services (PFS), Kearny Financial (KRNY), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Meta Financial Group (CASH), Northfield Bancorp (NFBK), BBX Capital Corp Class B (BBXTB), Dime Community Bancshares (DCOM), Sterling Bancorp (SBT) and First Defiance Financial (FDEF).

Who are Access National's key executives?

Access National's management team includes the folowing people:

Mr. Michael W. Clarke, Pres, CEO & Director (Age 56)
Ms. Margaret M. Taylor CPAEVP, Exec. VP & CFO (Age 54)
Mr. Robert C. Shoemaker, Exec. VP & Director (Age 57)
Mr. Dean F. Hackemer, Pres of Access National Mortgage Division - Access National Bank (Age 53)
Mr. Mark D. Moore, Pres & Director of Access National Bank (Age 54)

How do I buy shares of Access National?

Shares of ANCX 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 Access National's stock price today?

One share of ANCX stock can currently be purchased for approximately $25.60.

How big of a company is Access National?

Access National has a market capitalization of $535.83 million and generates $127.57 million in revenue each year. The financial services provider earns $16.50 million in net income (profit) each year or $1.61 on an earnings per share basis. Access National employs 415 workers across the globe.

What is Access National's official website?

The official website for Access National is http://www.accessnationalbank.com.

How can I contact Access National?

Access National's mailing address is 1800 ROBERT FULTON DR SUITE 300, RESTON VA, 20191. The financial services provider can be reached via phone at 703-871-2100 or via email at [email protected]

MarketBeat Community Rating for Access National (NASDAQ ANCX)

Community Ranking:		2.0 out of 5 ( )
Outperform Votes:		138 (Vote Outperform)
Underperform Votes:		201 (Vote Underperform)
Total Votes:		339

MarketBeat's community ratings are surveys of what our community members think about Access National and other stocks. Vote "Outperform" if you believe ANCX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ANCX will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 10/21/2018 by MarketBeat.com Staff