About Monarch Financial Holdings (NASDAQ:MNRK)
Monarch Financial Holdings, Inc. (Monarch) is a Virginia-chartered bank holding company. The Company is engaged in commercial and retail banking; investment and insurance sales, and mortgage origination and brokerage. The Company conducts its operations through its subsidiary, Monarch Bank (the Bank), and its two subsidiaries, Monarch Investment, LLC and Monarch Capital, LLC. The Company operates through two segments: community banking (banking) and retail mortgage banking services (mortgage banking). The Company's community banking segment involves making loans to and generating deposits from individuals and businesses. Monarch's mortgage banking services consist of originating residential loans and subsequently selling them to investors. Monarch also does business in various markets, such as OBX Bank, Monarch Bank Private Wealth, Monarch Mortgage and under various names through joint ventures with other partners.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Mid-Atlantic Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:MNRK
- CUSIP: N/A
- Web: N/A
Capitalization:Average Prices:- 50 Day Moving Avg: $18.88
- 200 Day Moving Avg: $16.94
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 18.22
- P/E Growth: 0.00
Frequently Asked Questions for Monarch Financial Holdings (NASDAQ:MNRK)
What is Monarch Financial Holdings' stock symbol?
Monarch Financial Holdings trades on the NASDAQ under the ticker symbol "MNRK."
How were Monarch Financial Holdings' earnings last quarter?
Monarch Financial Holdings, Inc. (NASDAQ:MNRK) released its earnings results on Thursday, April, 21st. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.08. The company earned $31.84 million during the quarter, compared to analyst estimates of $26.10 million. View Monarch Financial Holdings' Earnings History.
Who are some of Monarch Financial Holdings' key competitors?
Some companies that are related to Monarch Financial Holdings include Citizens Financial Group (CFG), Signature Bank (SBNY), Synovus Financial Corp. (SNV), United Bankshares (UBSI), BankUnited (BKU), South State (SSB), Eagle Bancorp (EGBN), United Community Banks (UCBI), TowneBank (TOWN), Banner (BANR), BNC Bancorp (BNCN), WesBanco (WSBC), Ameris Bancorp (ABCB), WSFS Financial (WSFS), Union Bankshares Corp (UBSH), City Holding Company (CHCO), Southside Bancshares (SBSI) and Sandy Spring Bancorp (SASR).
How do I buy Monarch Financial Holdings stock?
Shares of Monarch Financial Holdings 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 Monarch Financial Holdings stock cost?
One share of Monarch Financial Holdings stock can currently be purchased for approximately $19.86.
Consensus Ratings for Monarch Financial Holdings (NASDAQ:MNRK) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Monarch Financial Holdings (NASDAQ:MNRK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 12/17/2015 | BB&T Co. | Downgrade | Buy -> Hold | | N/A |  |
(Data available from 5/22/2015 forward)
Earnings History for Monarch Financial Holdings (NASDAQ:MNRK)Earnings History by Quarter for Monarch Financial Holdings (NASDAQ:MNRK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/21/2016 | Q1 | $0.26 | $0.34 | $26.10 million | $31.84 million | View | N/A | |
| 1/27/2016 | Q415 | $0.21 | $0.27 | | $29.74 million | View | N/A | |
| 10/22/2015 | Q3 | $0.30 | $0.26 | $33.40 million | $31.87 million | View | N/A | |
| 7/23/2015 | Q215 | $0.33 | $0.32 | | $34.84 million | View | N/A | |
| 4/23/2015 | Q1 2015 | $0.25 | $0.32 | | $32.91 million | View | N/A | |
| 1/30/2015 | Q4 2014 | $0.23 | $0.25 | | $27.95 million | View | N/A | |
| 10/23/2014 | Q3 | $0.29 | $0.26 | $26.90 million | $27.60 million | View | N/A | |
| 7/24/2014 | Q114 | $0.29 | $0.30 | | $28.08 million | View | N/A | |
| 4/24/2014 | Q1 2014 | $0.18 | $0.24 | | $22.77 million | View | N/A | |
| 1/30/2014 | Q413 | $0.21 | $0.20 | $9.30 million | $23.99 million | View | N/A | |
| 1/31/2013 | Q4 2012 | $0.31 | $0.44 | $10.38 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Monarch Financial Holdings (NASDAQ:MNRK)Current Year EPS Consensus Estimate: $1.26 EPS
Next Year EPS Consensus Estimate: $1.09 EPS
Dividend History by Quarter for Monarch Financial Holdings (NASDAQ:MNRK)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/22/2016 | quarterly | $0.09 | 2% | 5/6/2016 | 5/10/2016 | 5/27/2016 |
| 1/29/2016 | Quarterly | $0.09 | | 2/10/2016 | 2/12/2016 | 2/26/2016 |
| 10/22/2015 | | $0.09 | | 11/9/2015 | 11/12/2015 | 11/30/2015 |
| 10/23/2015 | Quarterly | $0.09 | | 11/9/2015 | 11/12/2015 | 12/4/2015 |
| 7/23/2015 | | $0.09 | | 8/5/2015 | 8/7/2015 | 8/31/2015 |
| 5/12/2015 | quarterly | $0.09 | 2.82% | 5/20/2015 | 5/25/2015 | 6/12/2015 |
| 1/30/2015 | quarterly | $0.08 | 2.46% | 2/6/2015 | 2/10/2015 | 2/27/2015 |
| 10/24/2014 | quarterly | $0.08 | 2.6% | 11/6/2014 | 11/10/2014 | 11/28/2014 |
| 7/24/2014 | quarterly | $0.08 | 2.74% | 8/6/2014 | 8/8/2014 | 8/29/2014 |
| 5/9/2014 | quarterly | $0.08 | 2.78% | 5/21/2014 | 5/23/2014 | 6/13/2014 |
| 1/30/2014 | quarterly | $0.07 | 2.43% | 2/6/2014 | 2/10/2014 | 2/28/2014 |
| 10/17/2013 | quarterly | $0.07 | 2.47% | 11/7/2013 | 11/12/2013 | 11/29/2013 |
| 7/25/2013 | quarterly | $0.06 | 2.17% | 8/7/2013 | 8/9/2013 | 8/30/2013 |
| 5/10/2013 | quarterly | $0.06 | 2.14% | 5/16/2013 | 5/20/2013 | 5/31/2013 |
| 1/25/2013 | quarterly | $0.05 | 2.29% | 2/7/2013 | 2/11/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Monarch Financial Holdings (NASDAQ:MNRK)Insider Trades by Quarter for Monarch Financial Holdings (NASDAQ:MNRK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/12/2015 | William T Morrison | CEO | Buy | 2,000 | $12.70 | $25,400.00 | |
| 2/20/2015 | Andrew N Lock | Insider | Sell | 11,300 | $12.51 | $141,363.00 | |
| 9/18/2014 | Lawton H Baker | Director | Sell | 1,804 | $12.18 | $21,972.72 | |
| 9/17/2014 | Lawton H Baker | Director | Sell | 1,196 | $12.05 | $14,411.80 | |
| 9/15/2014 | Lawton H Baker | Director | Sell | 1,900 | $11.98 | $22,762.00 | |
| 7/31/2014 | Taylor B Grissom | Director | Sell | 2,000 | $11.75 | $23,500.00 | |
| 2/21/2014 | Lawton H Baker | Director | Sell | 1,394 | $11.61 | $16,184.34 | |
| 2/13/2014 | Lawton H Baker | Director | Sell | 2,300 | $11.38 | $26,174.00 | |
| 2/12/2014 | Lawton H Baker | Director | Sell | 1,491 | $11.31 | $16,863.21 | |
| 2/4/2014 | Brad E Schwartz | CEO | Sell | 4,317 | $11.47 | $49,515.99 | |
| 12/17/2013 | Lawton H Baker | Director | Sell | 1,432 | $11.11 | $15,909.52 | |
| 12/12/2013 | Lawton H Baker | Director | Sell | 1,500 | $11.10 | $16,650.00 | |
| 12/5/2013 | Elizabeth T Patterson | Director | Sell | 6,076 | $11.49 | $69,813.24 | |
| 8/20/2013 | Taylor B Grissom | Director | Sell | 3,147 | $11.30 | $35,561.10 | |
| 6/17/2013 | Lawton H Baker | Director | Sell | 7,972 | $10.51 | $83,785.72 | |
| 6/14/2013 | Lawton H Baker | Director | Sell | 4,900 | $10.75 | $52,675.00 | |
| 4/25/2013 | William T Morrison | CEO | Buy | 4,000 | $10.00 | $40,000.00 | |
| 11/9/2012 | Lawton H Baker | Director | Buy | 2,500 | $6.31 | $15,775.00 | |
| 10/24/2012 | William T Morrison | CEO | Buy | 2,400 | $10.25 | $24,600.00 | |
| 8/31/2012 | E Neal Crawford | President | Buy | 1,200 | $9.77 | $11,724.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Monarch Financial Holdings (NASDAQ:MNRK)
Latest Headlines for Monarch Financial Holdings (NASDAQ:MNRK)
| Source: |
|
| Date | Headline |
|---|
 | Monarch Financial Holdings, Inc. Earnings Q2, 2015
finance.yahoo.com - April 7 at 11:14 AM |
 | Towne Bank (TOWN) Announces Completion of Monarch Financial (MNRK) Merger
www.streetinsider.com - June 28 at 11:04 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Event
biz.yahoo.com - June 22 at 4:02 PM |
 | BRIEF-Towne Bank says stockholders approve merger with Monarch Financial Holdings and Monarch Bank
www.reuters.com - June 21 at 5:52 PM |
 | Towne Bank and Monarch Say Proposed Merger Gets Shareholder Approval
www.nasdaq.com - June 21 at 5:52 PM |
| Should You Consider Holding Bank of the Ozarks Stock?
finance.yahoo.com - June 7 at 8:08 AM |
| The Zacks Analyst Blog Highlights: First Bancorp, Cardinal Financial, Monarch Financial Holdings, Southern National Bancorp of Virginia and State Bank Financial
finance.yahoo.com - May 31 at 9:30 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - May 17 at 4:07 PM |
| Monarch Financial Holdings, Inc. and TowneBank Receive Regulatory Approvals for Merger
finance.yahoo.com - May 17 at 8:30 AM |
| Bank of the Ozarks' Acquisitions Get Two Regulatory Nods
www.nasdaq.com - May 16 at 11:25 AM |
 | Crosswinds Holdings Inc. Announces Approval of Monarch Rate Decrease
www.msn.com - April 14 at 10:54 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 11 at 11:49 AM |
 | Monarch Financial Holdings (MNRK) Sees Hammer Chart Pattern: Time to Buy?
www.zacks.com - February 26 at 9:27 AM |
| Monarch Financial Holdings (MNRK) Sees Hammer Chart Pattern: Time to Buy?
www.zacks.com - February 26 at 9:27 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Fin
biz.yahoo.com - January 27 at 9:06 AM |
| Monarch Financial Reports Record Profitability and Declares Cash Dividend
finance.yahoo.com - January 27 at 8:30 AM |
 | A Merger Arbitrage Opportunity: TowneBank To Acquire Monarch Financial Holdings, Inc.
seekingalpha.com - January 21 at 8:03 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements
biz.yahoo.com - December 22 at 10:01 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year,
biz.yahoo.com - December 17 at 10:44 AM |
| MONARCH FINANCIAL HOLDINGS, INC. Financials
finance.yahoo.com - December 8 at 1:17 PM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 6 at 12:38 PM |
| MONARCH FINANCIAL HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Stateme
biz.yahoo.com - October 22 at 9:10 AM |
Monarch Financial Holdings (MNRK) Chart for Monday, May, 22, 2017
