BNC Bancorp Company Profile (NASDAQ:BNCN)

About BNC Bancorp

BNC Bancorp logoBNC Bancorp is a bank holding company for Bank of North Carolina (BNC or the Bank). BNC is a full service commercial bank principally engaged in the business of attracting deposits from the general public and using those deposits, together with other funding from its lines of credit, to make primarily consumer and commercial loans. It operates through two segments: banking operations and mortgage origination. The primary purpose of the mortgage origination segment is the origination and subsequent sale of residential mortgage loans, while all other banking activities are performed in the banking operations segment. BNC also offers brokerage services, including financial planning, wealth management, private banking and insurance products. The Bank invests in government-sponsored mortgage-backed securities, the United States and government agency securities, municipal and corporate debt securities, and equity securities, among others.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: BNCN
  • CUSIP:
Key Metrics:
  • Previous Close: $36.55
  • 50 Day Moving Average: $34.146
  • 200 Day Moving Average: $28.395
  • 52-Week Range: $19.77 - $36.95
  • Trailing P/E Ratio: 26.133
  • Foreward P/E Ratio: 18.32
  • P/E Growth: 2.430
  • Market Cap: $1.90B
  • Outstanding Shares: 52,176,000
  • Beta: 0.9
Profitability:
  • Net Margins: 21.87%
  • Return on Equity: 10.48%
  • Return on Assets: 1.17%
Debt:
  • Debt-to-Equity Ratio: 0.31%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to BNC Bancorp:

Analyst Ratings

Consensus Ratings for BNC Bancorp (NASDAQ:BNCN) (?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $28.00 (23.18% downside)

Analysts' Ratings History for BNC Bancorp (NASDAQ:BNCN)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017StephensDowngradeOverweight -> Equal WeightView Rating Details
11/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$26.50 -> $32.00View Rating Details
11/22/2016Sandler O'NeillDowngradeBuy -> HoldView Rating Details
11/16/2016Piper Jaffray CompaniesInitiated CoverageOverweight$30.00View Rating Details
8/9/2016GabelliDowngradeBuy -> Hold$27.00View Rating Details
5/9/2016Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformView Rating Details
4/25/2016Hovde GroupBoost Price TargetMarket Perform$22.00 -> $23.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for BNC Bancorp (NASDAQ:BNCN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/20/2017        
10/20/2016Q3$0.40$0.42ViewN/AView Earnings Details
7/20/2016Q2$0.39$0.41ViewN/AView Earnings Details
4/22/2016Q1$0.36$0.38ViewN/AView Earnings Details
1/25/2016Q4$0.40$0.39ViewN/AView Earnings Details
10/23/2015Q3$0.38$0.39ViewN/AView Earnings Details
7/22/2015Q2$0.29$0.36ViewN/AView Earnings Details
4/24/2015$0.32$0.27ViewN/AView Earnings Details
1/26/2015$0.26$0.34ViewN/AView Earnings Details
10/17/2014Q3$0.29$0.33ViewN/AView Earnings Details
7/24/2014$0.25$0.29ViewN/AView Earnings Details
4/25/2014$0.24$0.24ViewN/AView Earnings Details
1/24/2014Q4$0.18$0.21ViewN/AView Earnings Details
1/30/2013Q4 2012$0.09$0.19$25.69 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BNC Bancorp (NASDAQ:BNCN)
Current Year EPS Consensus Estimate: $1.79 EPS
Next Year EPS Consensus Estimate: $1.99 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.40$0.40$0.40
Q2 20161$0.42$0.42$0.42
Q3 20161$0.39$0.39$0.39
Q4 20161$0.40$0.40$0.40
Q1 20171$0.40$0.40$0.40
Q2 20171$0.43$0.43$0.43
Q3 20171$0.45$0.45$0.45
Q4 20171$0.46$0.46$0.46
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for BNC Bancorp (NASDAQ:BNCN)
Annual Dividend:$0.05
Dividend Yield:0.14%
Payout Ratio:3.60% (Based on Trailing 12 Months of Earnings)
2.79% (Based on Current Year Consensus EPS Estimate)
2.51% (Based on Next Year Consensus EPS Estimate)

Dividend History for BNC Bancorp (NASDAQ:BNCN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2017Annual$0.050.56%2/8/20172/10/20172/24/2017
10/21/2016quarterly$0.050.82%11/8/201611/11/201611/25/2016
7/21/2016quarterly$0.050.86%8/10/20168/12/20168/26/2016
4/21/2016quarterly$0.050.91%5/11/20165/13/20165/27/2016
1/21/2016quarterly$0.050.95%2/10/20162/12/20162/26/2016
10/22/2015quarterly$0.050.89%11/10/201511/13/201511/27/2015
7/23/2015quarterly$0.050.9%8/12/20158/14/20158/28/2015
4/23/2015quarterly$0.051.07%5/13/20155/15/20155/29/2015
1/27/2015quarterly$0.051.22%2/11/20152/13/20152/27/2015
10/23/2014quarterly$0.051.22%11/12/201411/14/201411/28/2014
7/23/2014quarterly$0.051.2%8/13/20148/15/20148/29/2014
4/23/2014quarterly$0.051.16%5/14/20145/16/20145/30/2014
1/22/2014quarterly$0.051.16%2/12/20142/14/20142/28/2014
10/23/2013quarterly$0.051.52%11/13/201311/15/201311/29/2013
7/24/2013quarterly$0.051.42%8/7/20138/9/20138/23/2013
5/1/2013quarterly$0.051.97%5/8/20135/10/20135/24/2013
1/24/2013quarterly$0.052.43%2/6/20132/8/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for BNC Bancorp (NASDAQ:BNCN)
Insider Ownership Percentage: 6.16%
Institutional Ownership Percentage: 52.41%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/16/2017Charles T Hagan IIIDirectorSell400$36.41$14,564.00View SEC Filing  
11/30/2016Thomas R SloanDirectorSell11,000$30.50$335,500.00View SEC Filing  
11/15/2016John S Ramsey JrDirectorSell6,301$28.18$177,562.18View SEC Filing  
10/27/2016W Swope Montgomery JrDirectorSell500$25.05$12,525.00View SEC Filing  
5/26/2016Charles T Hagan IIIDirectorSell300$23.70$7,110.00View SEC Filing  
5/11/2016John S Ramsey JrDirectorSell3,000$22.23$66,690.00View SEC Filing  
4/26/2016W Swope Montgomery JrDirectorSell4,500$21.98$98,910.00View SEC Filing  
3/16/2016John S Ramsey JrDirectorSell3,000$21.17$63,510.00View SEC Filing  
11/19/2015Lenin J PetersDirectorBuy15,000$23.50$352,500.00View SEC Filing  
9/24/2015W Swope Montgomery JrDirectorSell5,000$22.06$110,300.00View SEC Filing  
8/25/2015Lenin J PetersDirectorBuy4,000$20.00$80,000.00View SEC Filing  
8/18/2015W Swope Montgomery JrDirectorSell1,000$21.96$21,960.00View SEC Filing  
6/16/2015W Swope Montgomery JrDirectorSell1,000$18.64$18,640.00View SEC Filing  
5/14/2015W Swope Montgomery JrDirectorSell1,000$18.51$18,510.00View SEC Filing  
12/15/2014Lenin J PetersDirectorBuy3,000$16.50$49,500.00View SEC Filing  
12/5/2014W Swope Montgomery JrDirectorSell3,300$17.35$57,255.00View SEC Filing  
12/1/2014Lenin J PetersDirectorBuy2,000$16.50$33,000.00View SEC Filing  
11/20/2014W Swope Montgomery JrDirectorSell3,000$17.35$52,050.00View SEC Filing  
10/28/2014Charles T Hagan IIIDirectorBuy2,000$16.75$33,500.00View SEC Filing  
10/24/2014Thomas R SloanDirectorBuy1,266$16.30$20,635.80View SEC Filing  
10/23/2014Thomas R SloanDirectorBuy3,000$16.40$49,200.00View SEC Filing  
10/22/2014Charles T Hagan IIIDirectorBuy2,500$16.70$41,750.00View SEC Filing  
4/30/2014David SpencerCFOSell6,000$16.30$97,800.00View SEC Filing  
4/30/2014Richard Callicutt IICEOSell8,000$16.30$130,400.00View SEC Filing  
10/31/2013D Vann WillifordDirectorSell1,180$13.09$15,446.20View SEC Filing  
9/24/2013Richard Callicutt IICOOSell2,500$13.53$33,825.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for BNC Bancorp (NASDAQ:BNCN)
DateHeadline
News IconNASDAQ:BNCN Shareholder Alert: Investigation of Takeover of BNC Bancorp (NASDAQ:BNCN)
www.groundreport.com - February 10 at 3:28 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of BNC Bancorp to Pinnacle Financial Partners, Inc. is Fair to Shareholders - BNCN (NASDAQ:BNCN)
finance.yahoo.com - February 8 at 4:11 PM
finance.yahoo.com logoWeissLaw LLP: BNC Bancorp Acquisition May Not Be in the Best Interests of BNCN Shareholders (NASDAQ:BNCN)
finance.yahoo.com - February 7 at 9:58 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : February 6, 2017 (NASDAQ:BNCN)
www.capitalcube.com - February 6 at 3:58 PM
forbes.com logoEx-Dividend Reminder: BOK Financial, BNC Bancorp and Charles Schwab (NASDAQ:BNCN)
www.forbes.com - February 6 at 11:58 AM
News IconInvestigation for Investors in BNC Bancorp (BNCN) over Potential Wrongdoing in Acquisition Announced (NASDAQ:BNCN)
www.satprnews.com - February 3 at 4:10 PM
nasdaq.com logoInteresting BNCN Put Options For February 17th (NASDAQ:BNCN)
www.nasdaq.com - January 31 at 9:16 PM
News IconAs Bnc Bancorp (BNCN) Stock Value Rose, Mendon Capital Advisors Corp Has Trimmed Its Stake (NASDAQ:BNCN)
randolphguide.com - January 31 at 9:16 PM
News IconAs Bnc Bancorp (BNCN) Stock Price Rose, Mendon Capital Advisors Corp Has Lifted by $6.77 Million Its Holding (NASDAQ:BNCN)
randolphguide.com - January 25 at 9:51 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of BNC Bancorp -BNCN (NASDAQ:BNCN)
finance.yahoo.com - January 25 at 9:51 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : January 25, 2017 (NASDAQ:BNCN)
www.capitalcube.com - January 25 at 4:49 PM
4-traders.com logoBNC Bancorp : Pinnacle Financial Partners Announces Agreement to Acquire BNC Bancorp (NASDAQ:BNCN)
www.4-traders.com - January 24 at 4:29 PM
seekingalpha.com logoInvestors rush to buy Pinnacle Financial secondary (NASDAQ:BNCN)
seekingalpha.com - January 24 at 4:29 PM
News IconPinnacle Financial to aquire BNC Bancorp (NASDAQ:BNCN)
www.moultrienews.com - January 24 at 4:29 PM
capitalcube.com logoBNC Bancorp :BNCN-US: Earnings Analysis: Q4, 2016 By the Numbers : January 24, 2017 (NASDAQ:BNCN)
www.capitalcube.com - January 24 at 4:29 PM
bizjournals.com logoBreaking: BNC Bancorp to be acquired by Tennessee bank (NASDAQ:BNCN)
www.bizjournals.com - January 24 at 7:59 AM
us.rd.yahoo.com logo3:23 am BNC Bancorp beats by $0.01 (NASDAQ:BNCN)
us.rd.yahoo.com - January 23 at 8:42 PM
sg.finance.yahoo.com logoBNC posts 4Q profit (NASDAQ:BNCN)
us.rd.yahoo.com - January 23 at 8:42 PM
biz.yahoo.com logoBNC BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or Bylaws; (NASDAQ:BNCN)
us.rd.yahoo.com - January 23 at 8:42 PM
us.rd.yahoo.com logoPinnacle Picks Up BNC for $1.9 Billion in First Out-of-State Deal (NASDAQ:BNCN)
us.rd.yahoo.com - January 23 at 8:42 PM
us.rd.yahoo.com logoBNC Bancorp Shareholder Alert: Former SEC Attorney Willie Briscoe Investigates Merger with Pinnacle Financial Partners, Inc. (NASDAQ:BNCN)
us.rd.yahoo.com - January 23 at 8:42 PM
News IconBNC Bancorp in $1.9 B Deal with Pinnacle, McDonald's Net Falls (NASDAQ:BNCN)
www.123jump.com - January 23 at 3:40 PM
4-traders.com logoBNC Bancorp : posts 4Q profit (NASDAQ:BNCN)
www.4-traders.com - January 23 at 3:40 PM
bizjournals.com logoBNC Bancorp to be acquired by Tennessee bank (NASDAQ:BNCN)
www.bizjournals.com - January 23 at 3:40 PM
bloomberg.com logoPinnacle's Bank Deal Swings for the Fences (NASDAQ:BNCN)
www.bloomberg.com - January 23 at 3:40 PM
seekingalpha.com logoPinnacle Financial agrees to buy BNC Bancorp (NASDAQ:BNCN)
seekingalpha.com - January 23 at 11:04 AM
finance.yahoo.com logoBNC Bancorp Announces Earnings for Fourth Quarter and Fiscal Year 2016 (NASDAQ:BNCN)
finance.yahoo.com - January 22 at 8:56 PM
finance.yahoo.com logoPinnacle Financial Partners Announces Agreement to Acquire BNC Bancorp (NASDAQ:BNCN)
finance.yahoo.com - January 22 at 8:56 PM
bizjournals.com logoPinnacle buys its first out-of-state lender in $1.9B deal (NASDAQ:BNCN)
www.bizjournals.com - January 22 at 8:56 PM
capitalcube.com logoBNC Bancorp : BNCN-US: Dividend Analysis : November 11th, 2016 (record date) : By the numbers : January 9, 2017 (NASDAQ:BNCN)
www.capitalcube.com - January 9 at 5:04 PM
finance.yahoo.com logoContinue to own financials: Pro (NASDAQ:BNCN)
finance.yahoo.com - January 4 at 4:47 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : January 4, 2017 (NASDAQ:BNCN)
www.capitalcube.com - January 4 at 4:47 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : December 19, 2016 (NASDAQ:BNCN)
www.capitalcube.com - December 20 at 7:05 AM
biz.yahoo.com logoBNC BANCORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:BNCN)
biz.yahoo.com - December 16 at 9:15 PM
insidermonkey.com logoIs BNC Bancorp (BNCN) A Good Stock to Buy? (NASDAQ:BNCN)
www.insidermonkey.com - December 13 at 9:39 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : December 8, 2016 (NASDAQ:BNCN)
www.capitalcube.com - December 8 at 4:07 PM
News IconToday’s Rating On Watch: BNC Bancorp (NASDAQ:BNCN) Is a Stock KBW Is Wary of; Firm Downgrades It (NASDAQ:BNCN)
www.whatsonthorold.com - November 30 at 10:31 AM
us.rd.yahoo.com logoBNC Bancorp downgraded by Keefe Bruyette (NASDAQ:BNCN)
us.rd.yahoo.com - November 29 at 3:38 PM
News IconRating Worth Mentioning Today: Does BNC Bancorp (BNCN) Look Bad? Sandler O’Neill Downgrades It (NASDAQ:BNCN)
www.whatsonthorold.com - November 24 at 11:55 AM
News IconRating Worth Mentioning: Will Sandler O’Neill Downgrade Harm BNC Bancorp (NASDAQ:BNCN) Stock Price Today? (NASDAQ:BNCN)
www.whatsonthorold.com - November 23 at 12:54 PM
capitalcube.com logoETFs with exposure to BNC Bancorp : November 18, 2016 (NASDAQ:BNCN)
www.capitalcube.com - November 18 at 1:08 PM
News IconOwnership Change: John Ramsey an Insider in BNC Bancorp (NASDAQ:BNCN) Unloaded 6,301 Shares (NASDAQ:BNCN)
www.whatsonthorold.com - November 16 at 3:46 PM
finance.yahoo.com logoCoverage initiated on BNC Bancorp by Piper Jaffray (NASDAQ:BNCN)
finance.yahoo.com - November 16 at 12:44 PM
capitalcube.com logoBNC Bancorp :BNCN-US: Earnings Analysis: Q3, 2016 By the Numbers : November 16, 2016 (NASDAQ:BNCN)
www.capitalcube.com - November 16 at 12:44 PM
biz.yahoo.com logoBNC BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation (NASDAQ:BNCN)
biz.yahoo.com - November 10 at 9:54 PM
finance.yahoo.com logoSchutz: Banks are in the sweet spot right now (NASDAQ:BNCN)
finance.yahoo.com - November 10 at 3:16 PM
seekingalpha.com logoBNC Bancorp goes ex-dividend today (NASDAQ:BNCN)
seekingalpha.com - November 9 at 12:58 PM
capitalcube.com logoBNC Bancorp breached its 50 day moving average in a Bearish Manner : BNCN-US : November 2, 2016 (NASDAQ:BNCN)
www.capitalcube.com - November 2 at 12:29 PM
finance.yahoo.com logoBank of North Carolina Unifies Brand (NASDAQ:BNCN)
finance.yahoo.com - November 1 at 3:57 PM
News IconDirector of BNC Bancorp (NASDAQ:BNCN), Montgomery W Swope Jr, sells 500 shares worth $12,525 (NASDAQ:BNCN)
empowerednews.net - October 28 at 8:46 PM

Social

What is BNC Bancorp's stock symbol?

BNC Bancorp trades on the NASDAQ under the ticker symbol "BNCN."

How often does BNC Bancorp pay dividends? What is the dividend yield for BNC Bancorp?

BNC Bancorp declared an annual dividend on Monday, January 23rd. Investors of record on Friday, February 10th will be given a dividend of $0.05 per share on Friday, February 24th. This represents a yield of 0.56%. The ex-dividend date is Wednesday, February 8th.

Where is BNC Bancorp's stock going? Where will BNC Bancorp's stock price be in 2017?

7 equities research analysts have issued twelve-month target prices for BNC Bancorp's shares. Their forecasts range from $23.00 to $32.00. On average, they anticipate BNC Bancorp's share price to reach $28.00 in the next twelve months.

When will BNC Bancorp announce their earnings?

BNC Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April, 20th 2017.

Who owns BNC Bancorp stock?

BNC Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (4.66%), Aquiline Capital Partners LLC (2.89%), FJ Capital Management LLC (2.28%), Dimensional Fund Advisors LP (1.71%), State Street Corp (1.35%) and Polaris Capital Management LLC (0.80%). Company insiders that own BNC Bancorp stock include Charles T Hagan III, John S Ramsey Jr, Lenin J Peters, Thomas R Sloan and W Swope Montgomery Jr.

Who sold BNC Bancorp stock? Who is selling BNC Bancorp stock?

BNC Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Forest Hill Capital LLC, Stieven Capital Advisors L.P., Renaissance Technologies LLC, Employees Retirement System of Texas, Cortina Asset Management LLC, Zebra Capital Management LLC, AQR Capital Management LLC and FJ Capital Management LLC. Company insiders that have sold BNC Bancorp stock in the last year include Charles T Hagan III, John S Ramsey Jr, Thomas R Sloan and W Swope Montgomery Jr.

Who bought BNC Bancorp stock? Who is buying BNC Bancorp stock?

BNC Bancorp's stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Russell Investments Group Ltd., Discovery Capital Management LLC CT, Dimensional Fund Advisors LP, State Street Corp, Benson Investment Management Company Inc., A.R.T. Advisors LLC and Davy Asset Management Ltd.

How do I buy BNC Bancorp stock?

Shares of BNC Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of BNC Bancorp stock cost?

One share of BNC Bancorp stock can currently be purchased for approximately $36.45.

BNC Bancorp (NASDAQ:BNCN) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for BNC Bancorp (NASDAQ:BNCN)

Earnings History Chart

Earnings by Quarter for BNC Bancorp (NASDAQ:BNCN)

Dividend History Chart

Dividend Payments by Quarter for BNC Bancorp (NASDAQ:BNCN)

Last Updated on 2/22/2017 by MarketBeat.com Staff