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

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$23.61 -0.58 (-2.40 %)

(As of 02/20/2019 04:00 PM ET)

Previous Close$24.19

Today's Range$23.40 - $24.23

52-Week Range$20.34 - $30.40

Volume252,267 shs

Average Volume68,899 shs

Market Capitalization$497.46 million

P/E Ratio13.41

Dividend Yield2.88%

Beta1.01

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

Current SymbolNASDAQ:ANCX

Previous Symbol

CUSIP00433710

Webwww.accessnationalbank.com

Phone703-871-2100

Debt

Debt-to-Equity Ratio0.10

Current Ratio0.90

Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio13.41

Forward P/E Ratio12.36

P/E GrowthN/A

Sales & Book Value

Annual Sales$143.74 million

Price / Sales3.46

Cash Flow$1.7515 per share

Price / Cash Flow13.48

Book Value$20.61 per share

Price / Book1.15

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$35.38 million

Net Margins24.62%

Return on Equity8.49%

Return on Assets1.26%

Miscellaneous

Employees415

Outstanding Shares21,070,000

Market Cap$497.46 million

OptionableNot Optionable

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 announced a quarterly dividend on Thursday, January 24th. Stockholders of record on Friday, February 8th will be given a dividend of $0.23 per share on Friday, February 22nd. This represents a $0.92 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend is Thursday, February 7th. This is an increase from Access National's previous quarterly dividend of $0.17. View Access National's Dividend History.

How were Access National's earnings last quarter?

Access National Co. (NASDAQ:ANCX) issued its earnings results on Monday, January, 28th. The financial services provider reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.04. The financial services provider had revenue of $30.80 million for the quarter, compared to analyst estimates of $31.66 million. Access National had a net margin of 24.62% and a return on equity of 8.49%. 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, April 25th 2019. View Earnings Estimates for Access National.

What price target have analysts set for ANCX?

4 Wall Street analysts have issued 12 month price objectives for Access National's stock. Their forecasts range from $31.00 to $34.00. On average, they anticipate Access National's stock price to reach $32.00 in the next year. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Access National.

What is the consensus analysts' recommendation for Access National?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Access National in the last year. There are currently 1 hold rating 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. Maxim Group analysts commented, "ANCX reported 4Q18 EPS of $0.41, including $0.07 of non-recurring, merger- related expenses. It was a solid quarter, in our view, with annualized loan growth of 15.5% and a 2bp-wider net interest margin (NIM). 2018, ANCX entered into a definitive agreement to be acquired by Union Bankshares Corporation (UBSH – NR) in an all-stock transaction pursuant to which ANCX shareholders will receive 0.75 UBSH shares for each share of ANCX. The transaction is expected to close on February 1. Currently, ANCX shares are trading at $24.13, a slight discount to the $24.27 implied acquisition price (0.75 times the current $32.36 trading price of UBSH shares). Therefore, we are maintaining our Hold rating." (1/28/2019)
2. 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. " (1/15/2019)

Has Access National been receiving favorable news coverage?

Headlines about ANCX stock have been trending neutral on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of 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 nearest to five being the most favorable. Access National earned a news sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of Access National's key competitors?

Some companies that are related to Access National include Flagstar Bancorp (FBC), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), Dime Community Bancshares (DCOM), Northfield Bancorp (NFBK), First Defiance Financial (FDEF), BBX Capital (BBXTB), Sterling Bancorp (SBT), Hometrust Bancshares (HTBI), Waterstone Financial (WSBF) and NASB Financial (NASB).

Who are Access National's key executives?

Access National's management team includes the folowing people:

Mr. Michael W. Clarke, Pres, CEO & Director (Age 57)
Ms. Margaret M. Taylor CPAEVP, Exec. VP & CFO (Age 55)
Mr. Robert C. Shoemaker, Exec. VP & Director (Age 58)
Mr. Dean F. Hackemer, Pres of Access National Mortgage Division - Access National Bank (Age 54)
Mr. Mark D. Moore, Pres & Director of Access National Bank (Age 55)

Who are Access National's major shareholders?

Access National's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.24%), Dimensional Fund Advisors LP (3.03%), Northern Trust Corp (0.97%), Geode Capital Management LLC (0.84%), Water Island Capital LLC (0.60%) and Bank of New York Mellon Corp (0.50%). Company insiders that own Access National stock include J Randolph Babbitt, Margaret M Taylor, Mark D Moore, Mary Leigh Mcdaniel, Michael W Clarke and Thomas M Kody. View Institutional Ownership Trends for Access National.

Which institutional investors are selling Access National stock?

ANCX stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., First Trust Advisors LP, IndexIQ Advisors LLC, MetLife Investment Advisors LLC, New York State Common Retirement Fund, Parkside Investments LLC, Montgomery Investment Management Inc. and Bank of America Corp DE. View Insider Buying and Selling for Access National.

Which institutional investors are buying Access National stock?

ANCX stock was bought by a variety of institutional investors in the last quarter, including Water Island Capital LLC, Bessemer Group Inc., BlackRock Inc., Canada Pension Plan Investment Board, Geode Capital Management LLC, ARP Americas LP, Citigroup Inc. and Graves Light Private Wealth Management Inc.. Company insiders that have bought Access National stock in the last two years include J Randolph Babbitt, Margaret M Taylor, Mark D Moore, Mary Leigh Mcdaniel, Michael W Clarke and Thomas M Kody. View Insider Buying and Selling for Access National.

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 $23.61.

How big of a company is Access National?

Access National has a market capitalization of $497.46 million and generates $143.74 million in revenue each year. The financial services provider earns $35.38 million in net income (profit) each year or $1.76 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:		150 (Vote Outperform)
Underperform Votes:		219 (Vote Underperform)
Total Votes:		369

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 2/20/2019 by MarketBeat.com Staff

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