About Paragon Commercial Corporation (NASDAQ:PBNC)
Paragon Commercial Corporation is a bank holding company for Paragon Bank (the Bank). The Bank is engaged in general commercial banking in Wake and Mecklenburg Counties, North California. The Bank offers private banking and commercial banking services. Its private banking services include deposit services, such as debit cards and safe deposit boxes. Its commercial banking services include deposit services, such as business checking, nonprofit checking and business money market; courier service; remote deposit capture; merchant services; zero balance accounts; cash vault/deposit service, and account management services, such as automated sweeps and reconciliation. It also offers mobile and online banking services. Its borrowing services include commercial loans and lines, corporate credit cards and home purchase/refinance. It also offers wealth management and investment services.
Industry, Sector and Symbol:
- Industry: Banks
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NASDAQ:PBNC
- CUSIP: N/A
- Web: www.paragonbank.com
- Debt-to-Equity Ratio: 1.87%
- Current Ratio: 1.12%
- Quick Ratio: 1.13%
Price-To-Earnings:Sales & Book Value:
- Annual Sales: $55.46 million
- Price / Sales: 5.62
- Cash Flow: $2.54 per share
- Price / Cash: 22.45
- Book Value: $27.30 per share
- Price / Book: 2.09
- Trailing EPS: $2.54
- Net Income: $13.39 million
- Net Margins: 22.89%
- Return on Equity: 10.28%
- Return on Assets: 0.91%
- Employees: 152
- Outstanding Shares: 5,460,000
Frequently Asked Questions for Paragon Commercial Corporation (NASDAQ:PBNC)
What is Paragon Commercial Corporation's stock symbol?
Paragon Commercial Corporation trades on the NASDAQ under the ticker symbol "PBNC."
When will Paragon Commercial Corporation make its next earnings announcement?
Who are some of Paragon Commercial Corporation's key competitors?
Some companies that are related to Paragon Commercial Corporation include Veritex Holdings (VBTX), Peoples Bancorp (PEBO), Access National Corporation (ANCX), Fidelity Southern Corporation (LION), People's Utah Bancorp (PUB), Blue Hills Bancorp (BHBK), The Bancorp (TBBK), First Defiance Financial Corp. (FDEF), Southwest Bancorp (OKSB), Allegiance Bancshares (ABTX), HomeTrust Bancshares (HTBI), Independent Bank Corporation (IBCP), United Community Financial Corp. (UCFC), Franklin Financial Network (FSB), Atlantic Capital Bancshares (ACBI), CNB Financial Corporation (CCNE), First Connecticut Bancorp (FBNK) and Equity Bancshares (EQBK).
When did Paragon Commercial Corporation IPO?
(PBNC) raised $24 million in an initial public offering (IPO) on Thursday, June 16th 2016. The company issued 700,000 shares at $34.00 per share. Raymond James acted as the underwriter for the IPO and Sandler O'Neill & Partners, L.P. was co-manager.
Who owns Paragon Commercial Corporation stock?
Paragon Commercial Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Stifel Financial Corp (0.52%), Mizuho Securities USA LLC (0.41%), Bank of New York Mellon Corp (0.25%), SG Americas Securities LLC (0.25%), Dimensional Fund Advisors LP (0.16%) and Raymond James Financial Services Advisors Inc. (0.15%). Company insiders that own Paragon Commercial Corporation stock include Brian K Reid, Howard Jung, James M Fielding, Phillip R Jurney, Robert C Hatley and Thomas B Oxholm. View Institutional Ownership Trends for Paragon Commercial Corporation.
Who sold Paragon Commercial Corporation stock? Who is selling Paragon Commercial Corporation stock?
Paragon Commercial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc.. Company insiders that have sold Paragon Commercial Corporation company stock in the last year include Brian K Reid, James M Fielding, Phillip R Jurney and Thomas B Oxholm. View Insider Buying and Selling for Paragon Commercial Corporation.
Who bought Paragon Commercial Corporation stock? Who is buying Paragon Commercial Corporation stock?
Paragon Commercial Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Mizuho Securities USA LLC, SG Americas Securities LLC, Dimensional Fund Advisors LP, Stifel Financial Corp, Carroll Financial Associates Inc., Context BH Capital Management LP, ACG Wealth and Bank of New York Mellon Corp. Company insiders that have bought Paragon Commercial Corporation stock in the last two years include Howard Jung, Robert C Hatley and Thomas B Oxholm. View Insider Buying and Selling for Paragon Commercial Corporation.
How do I buy Paragon Commercial Corporation stock?
Shares of Paragon Commercial Corporation 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 Paragon Commercial Corporation's stock price today?
One share of Paragon Commercial Corporation stock can currently be purchased for approximately $57.05.
How big of a company is Paragon Commercial Corporation?
Paragon Commercial Corporation has a market capitalization of $305.68 million and generates $55.46 million in revenue each year. The bank earns $13.39 million in net income (profit) each year or $2.54 on an earnings per share basis. Paragon Commercial Corporation employs 152 workers across the globe.
How can I contact Paragon Commercial Corporation?
MarketBeat Community Rating for Paragon Commercial Corporation (NASDAQ PBNC)MarketBeat's community ratings are surveys of what our community members think about Paragon Commercial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Paragon Commercial Corporation's mailing address is 3535 Glenwood Avenue, Raleigh NC, 27612. The bank can be reached via phone at 919-788-7770.
Analysts' Consensus Ratings for Paragon Commercial Corporation (NASDAQ:PBNC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Analysts' Consensus Price Target: ||N/A|Consensus Price Target History for Paragon Commercial Corporation (NASDAQ:PBNC)
Analysts' Ratings History for Paragon Commercial Corporation (NASDAQ:PBNC)
(Data available from 11/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/1/2017||Sandler O'Neill||Downgrade||Buy -> Hold||Low|
|5/1/2017||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||Low|
Earnings History for Paragon Commercial Corporation (NASDAQ:PBNC)Earnings History by Quarter for Paragon Commercial Corporation (NASDAQ PBNC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for Paragon Commercial Corporation (NASDAQ:PBNC)
Current Year EPS Consensus Estimate: $2.85 EPS
Dividend History for Paragon Commercial Corporation (NASDAQ:PBNC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Paragon Commercial Corporation (NASDAQ PBNC)
Insider Ownership Percentage: 23.29%Insider Trades by Quarter for Paragon Commercial Corporation (NASDAQ PBNC)
Institutional Ownership Percentage: 34.16%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/12/2017||Thomas B. Oxholm||Director||Sell||2,375||$53.73||$127,608.75|| |
|3/1/2017||Brian K Reid||Insider||Sell||2,718||$50.21||$136,470.78|| |
|2/17/2017||James M Fielding||VP||Sell||1,000||$48.62||$48,620.00|| |
|2/15/2017||Phillip R Jurney||Insider||Sell||7,875||$48.00||$378,000.00|| |
|1/25/2017||Thomas B Oxholm||Director||Buy||1,400||$44.25||$61,950.00|| |
|12/8/2016||James M Fielding||VP||Sell||2,493||$42.19||$105,179.67|| |
|12/7/2016||James M Fielding||VP||Sell||1,507||$41.96||$63,233.72|| |
|7/22/2016||Thomas B Oxholm||Director||Buy||1,500||$36.29||$54,435.00|| |
|6/16/2016||Howard Jung||Director||Buy||3,000||$34.00||$102,000.00|| |
|6/16/2016||Robert C Hatley||CEO||Buy||5,882||$34.00||$199,988.00|| |
Headline Trends for Paragon Commercial Corporation (NASDAQ:PBNC)
Latest Headlines for Paragon Commercial Corporation (NASDAQ PBNC)
|Financial Review: First Internet Bancorp (INBK) and Paragon Commercial Corporation (PBNC)|
www.americanbankingnews.com - November 1 at 11:11 AM
|Zacks: Brokerages Expect Paragon Commercial Corporation (PBNC) to Announce $0.75 EPS|
www.americanbankingnews.com - November 1 at 9:04 AM
|Paragon Commercial Corporation Reports 21% Increase in Net Income for the Third Quarter of 2017|
finance.yahoo.com - October 27 at 9:26 AM
|Paragon Commercial Corporation (PBNC) versus Its Competitors Head-To-Head Review|
www.americanbankingnews.com - October 14 at 8:22 PM
|ETFs with exposure to Paragon Commercial Corp. : October 13, 2017|
finance.yahoo.com - October 14 at 6:38 AM
|Paragon Commercial Corp. :PBNC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017|
finance.yahoo.com - October 3 at 3:16 AM
|ETFs with exposure to Paragon Commercial Corp. : September 26, 2017|
finance.yahoo.com - October 3 at 3:16 AM
|Grupo Supervielle SA -ADR (SUPV) versus Paragon Commercial Corporation (PBNC) Head-To-Head Survey|
www.americanbankingnews.com - September 28 at 4:30 AM
|Analyzing Paragon Commercial Corporation (PBNC) & Its Rivals|
www.americanbankingnews.com - September 27 at 10:10 AM
|Paragon Commercial Corporation (PBNC) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - September 27 at 2:28 AM
|SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Paragon Commercial Corporation - PBNC|
finance.yahoo.com - September 7 at 7:29 AM
|Paragon Commercial Corporation (PBNC) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 2 at 3:02 AM
|With Paragon deal underway, TowneBank makes another buy in N.C.|
finance.yahoo.com - August 23 at 10:06 AM
|Paragon Commercial Corporation (PBNC) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - August 8 at 7:34 AM
|Paragon Commercial Corporation (PBNC) Downgraded to "D" at TheStreet|
www.americanbankingnews.com - July 23 at 9:26 PM
|Paragon Commercial Corporation Reports Loan Growth of 9% for the Second Quarter of 2017|
finance.yahoo.com - July 19 at 8:43 PM
|Paragon Commercial Corporation (PBNC) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - July 14 at 10:33 AM
|INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Paragon Commercial Corporation and Encourages Investors to Contact the Firm for Additional ...|
www.businesswire.com - May 9 at 6:42 PM
|PARAGON COMMERCIAL CORP Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 21 at 6:57 PM
|PARAGON COMMERCIAL CORP Files SEC form 8-K, Regulation FD Disclosure|
biz.yahoo.com - February 28 at 7:11 PM
|Paragon Bank CEO talks rising stock price, plans for Charlotte market|
www.bizjournals.com - February 22 at 7:15 PM
|Egalet Corporation Appoints Robert Roche to Board of Directors|
www.prnewswire.com - December 8 at 9:12 AM
|CORRECTION: Paragon Commercial Corporation Reports 18% Increase in Year-to-Date Earnings for 2016|
www.baystreet.ca - October 19 at 7:01 PM
|Paragon Commercial Corporation Reports 18% Increase in Year-to-Date Earnings for 2016|
www.baystreet.ca - October 19 at 11:47 AM
|PARAGON COMMERCIAL CORP Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - August 10 at 7:12 PM
|PARAGON COMMERCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition|
biz.yahoo.com - July 20 at 7:31 AM
|Down IPO market? Don't tell that to Patheon|
www.bizjournals.com - July 11 at 6:43 PM
|If Bioventus pulls the IPO trigger, it will buck a recent trend|
www.bizjournals.com - July 5 at 11:12 AM
|PARAGON COMMERCIAL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement|
biz.yahoo.com - June 21 at 4:42 PM
|Twilio, 3 Biotechs on This Week’s IPO Calendar|
247wallst.com - June 19 at 9:20 AM
Financials are not available for this stock.
Paragon Commercial Corporation (NASDAQ PBNC) Chart for Friday, November, 17, 2017