Park Sterling Corp Company Profile (NASDAQ:PSTB)

About Park Sterling Corp (NASDAQ:PSTB)

Park Sterling Corp logoPark Sterling Corporation is a holding company for Park Sterling Bank (the Bank). The Bank is a North Carolina-chartered commercial non-member bank. The Company provides banking services to small and medium-sized businesses, real estate owners, residential builders, institutions, professionals and consumers doing business or residing within its target markets. It provides a range of banking products, including personal, business and non-profit checking accounts, interest on lawyer trust accounts (IOLTA), individual retirement accounts, business and personal money market accounts, time deposits, overdraft protection, safe deposit boxes, and online and mobile banking. Its wealth management activities include investment management, private banking, personal trust and investment brokerage services. Its cash management activities include remote deposit capture, lockbox services, sweep accounts, purchasing cards, automated clearing house (ACH) and wire payments.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southeast Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:PSTB
  • CUSIP: 70086Y10
  • Web: www.parksterlingbank.com
Capitalization:
  • Market Cap: $610.38 million
  • Outstanding Shares: 52,710,000
Average Prices:
  • 50 Day Moving Avg: $11.94
  • 200 Day Moving Avg: $11.26
  • 52 Week Range: $6.68 - $12.72
P/E:
  • Trailing P/E Ratio: 30.66
  • Foreward P/E Ratio: 17.03
  • P/E Growth: 2.43
Sales & Book Value:
  • Annual Revenue: $123.4 million
  • Price / Sales: 4.95
  • Book Value: $6.75 per share
  • Price / Book: 1.72
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.4%
Profitability:
  • Net Margins: 14.16%
  • Return on Equity: 7.68%
  • Return on Assets: 0.85%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.87%
Misc:
  • Average Volume: 301,506 shs.
  • Beta: 0.9
  • Short Ratio: 3.45
 

Frequently Asked Questions for Park Sterling Corp (NASDAQ:PSTB)

What is Park Sterling Corp's stock symbol?

Park Sterling Corp trades on the NASDAQ under the ticker symbol "PSTB."

How often does Park Sterling Corp pay dividends? What is the dividend yield for Park Sterling Corp?

Park Sterling Corp declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Tuesday, May 9th will be paid a dividend of $0.04 per share on Thursday, May 25th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, May 5th. View Park Sterling Corp's Dividend History.

How were Park Sterling Corp's earnings last quarter?

Park Sterling Corp (NASDAQ:PSTB) issued its quarterly earnings data on Thursday, April, 27th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The company had revenue of $32.53 million for the quarter, compared to analysts' expectations of $31.95 million. Park Sterling Corp had a net margin of 14.16% and a return on equity of 7.68%. Park Sterling Corp's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 earnings per share. View Park Sterling Corp's Earnings History.

Where is Park Sterling Corp's stock going? Where will Park Sterling Corp's stock price be in 2017?

8 equities research analysts have issued 12-month price objectives for Park Sterling Corp's shares. Their forecasts range from $9.50 to $10.50. On average, they expect Park Sterling Corp's share price to reach $9.83 in the next year. View Analyst Ratings for Park Sterling Corp.

Are investors shorting Park Sterling Corp?

Park Sterling Corp saw a drop in short interest during the month of May. As of May 15th, there was short interest totalling 300,238 shares, a drop of 64.6% from the April 28th total of 847,520 shares. Based on an average daily trading volume, of 543,901 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

Who are some of Park Sterling Corp's key competitors?

Who owns Park Sterling Corp stock?

Park Sterling Corp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.71%), Mendon Capital Advisors Corp (5.50%), Vanguard Group Inc. (3.75%), RMB Capital Management LLC (3.40%), Wellington Management Group LLP (2.26%) and Deprince Race & Zollo Inc. (2.17%). Company insiders that own Park Sterling Corp stock include Bryan F Kennedy III, Nancy L Foster, Patricia C Hartung and Thomas B Henson. View Institutional Ownership Trends for Park Sterling Corp.

Who sold Park Sterling Corp stock? Who is selling Park Sterling Corp stock?

Park Sterling Corp's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Royce & Associates LP, Russell Investments Group Ltd., Morgan Stanley, JPMorgan Chase & Co., Dalton Greiner Hartman Maher & Co., Carroll Financial Associates Inc. and UBS Asset Management Americas Inc.. Company insiders that have sold Park Sterling Corp stock in the last year include Bryan F Kennedy III, Nancy L Foster and Thomas B Henson. View Insider Buying and Selling for Park Sterling Corp.

Who bought Park Sterling Corp stock? Who is buying Park Sterling Corp stock?

Park Sterling Corp's stock was purchased by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, RMB Capital Management LLC, Elizabeth Park Capital Advisors Ltd., Dimensional Fund Advisors LP, Vanguard Group Inc., FSI Group LLC, LSV Asset Management and Geode Capital Management LLC. Company insiders that have bought Park Sterling Corp stock in the last two years include Nancy L Foster and Patricia C Hartung. View Insider Buying and Selling for Park Sterling Corp.

How do I buy Park Sterling Corp stock?

Shares of Park Sterling Corp 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 Park Sterling Corp stock cost?

One share of Park Sterling Corp stock can currently be purchased for approximately $11.58.

Analyst Ratings

Consensus Ratings for Park Sterling Corp (NASDAQ:PSTB) (?)
Ratings Breakdown: 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: $9.83 (15.08% downside)

Analysts' Ratings History for Park Sterling Corp (NASDAQ:PSTB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/24/2017Brean CapitalInitiated CoverageHold -> HoldN/AView Rating Details
11/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$9.50 -> $10.50N/AView Rating Details
11/16/2016Piper Jaffray CompaniesInitiated CoverageNeutral$9.50N/AView Rating Details
11/4/2016Sandler O'NeillDowngradeBuy -> HoldN/AView Rating Details
10/31/2016Hovde GroupDowngradeOutperform -> Market Perform$9.00 -> $9.50N/AView Rating Details
10/6/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/6/2016ING GroupDowngradeOutperform -> Market PerformN/AView Rating Details
7/5/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Park Sterling Corp (NASDAQ:PSTB)
Earnings by Quarter for Park Sterling Corp (NASDAQ:PSTB)
Earnings History by Quarter for Park Sterling Corp (NASDAQ:PSTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017$0.13$0.14$31.95 million$32.53 millionViewN/AView Earnings Details
1/26/2017Q416$0.14$0.14$31.55 million$32.42 millionViewN/AView Earnings Details
10/27/2016Q316$0.13$0.14$31.71 million$31.27 millionViewListenView Earnings Details
7/28/2016Q216$0.11$0.12$30.96 million$31.43 millionViewListenView Earnings Details
4/28/2016Q116$0.08$0.12$25.17 million$31.33 millionViewListenView Earnings Details
1/28/2016Q415$0.11$0.11$25.95 million$24.50 millionViewListenView Earnings Details
10/29/2015Q3$0.11$0.11$25.54 million$25.28 millionViewListenView Earnings Details
7/23/2015Q215$0.10$0.10$20.93 million$24.90 millionViewListenView Earnings Details
4/23/2015Q115$0.09$0.09$24.33 million$24.93 millionViewN/AView Earnings Details
1/30/2015Q414$0.09$0.09$24.63 million$23.91 millionViewN/AView Earnings Details
10/30/2014Q3$0.09$0.09$24.20 million$23.90 millionViewN/AView Earnings Details
7/24/2014Q114$0.07$0.09$21.44 million$23.10 millionViewN/AView Earnings Details
4/24/2014$0.08$0.08$21.83 million$20.76 millionViewN/AView Earnings Details
1/30/2014Q413$0.08$0.09ViewN/AView Earnings Details
10/25/2013Q313$0.09$0.10$18.43 millionViewN/AView Earnings Details
11/2/2012Q312$0.02$0.03$9.87 million$10.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Park Sterling Corp (NASDAQ:PSTB)
2017 EPS Consensus Estimate: $0.58
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.14$0.14$0.14
Q2 20171$0.14$0.14$0.14
Q3 20171$0.15$0.15$0.15
Q4 20171$0.15$0.15$0.15
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Park Sterling Corp (NASDAQ:PSTB)
Most Recent Dividend:5/25/2017
Annual Dividend:$0.16
Dividend Yield:1.38%
Payout Ratio:42.11% (Trailing 12 Months of Earnings)
27.12% (Based on This Year's Estimates)
23.53% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Park Sterling Corp (NASDAQ:PSTB)

Dividend History by Quarter for Park Sterling Corp (NASDAQ:PSTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.041.29%5/5/20175/9/20175/25/2017
1/26/2017quarterly$0.041.37%2/3/20172/7/20172/22/2017
10/27/2016quarterly$0.041.83%11/4/201611/8/201611/22/2016
7/28/2016quarterly$0.042.09%8/5/20168/9/20168/23/2016
4/28/2016quarterly$0.031.69%5/6/20165/10/20165/24/2016
1/28/2016quarterly$0.031.74%2/5/20162/9/20162/23/2016
10/29/2015quarterly$0.031.66%11/6/201511/11/201511/25/2015
7/23/2015quarterly$0.031.66%8/3/20158/5/20158/19/2015
4/23/2015quarterly$0.031.72%4/30/20155/4/20155/18/2015
1/30/2015quarterly$0.031.79%2/6/20152/10/20152/24/2015
10/29/2014quarterly$0.021.06%11/7/201411/12/201411/26/2014
7/23/2014quarterly$0.021.14%8/4/20148/6/20148/20/2014
4/23/2014quarterly$0.021.19%5/2/20145/6/20145/20/2014
1/29/2014quarterly$0.021.2%2/6/20142/10/20142/24/2014
10/25/2013quarterly$0.021.23%11/4/201311/6/201311/20/2013
7/26/2013special$0.028/2/20138/6/20138/20/2013
7/26/2013quarterly$0.028/6/20138/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Park Sterling Corp (NASDAQ:PSTB)
Insider Ownership Percentage: 7.22%
Institutional Ownership Percentage: 80.19%
Insider Trades by Quarter for Park Sterling Corp (NASDAQ:PSTB)
Institutional Ownership by Quarter for Park Sterling Corp (NASDAQ:PSTB)
Insider Trades by Quarter for Park Sterling Corp (NASDAQ:PSTB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/23/2017Patricia C HartungDirectorBuy44$12.04$529.76View SEC Filing  
1/31/2017Bryan F Kennedy IIIPresidentSell20,000$11.55$231,000.00View SEC Filing  
12/5/2016Nancy L FosterInsiderSell20,000$9.88$197,600.00View SEC Filing  
12/5/2016Thomas B HensonDirectorSell11,000$9.80$107,800.00View SEC Filing  
12/1/2016Bryan F Kennedy IIIPresidentSell112,812$9.52$1,073,970.24View SEC Filing  
8/24/2016Patricia C HartungDirectorBuy65$8.13$528.45View SEC Filing  
5/25/2016Patricia C HartungDirectorBuy52$7.50$390.00View SEC Filing  
2/24/2016Patricia C HartungDirectorBuy65$6.06$393.90View SEC Filing  
2/19/2016Nancy L FosterInsiderBuy5,000$6.10$30,500.00View SEC Filing  
2/11/2016Nancy L FosterInsiderBuy5,000$6.14$30,700.00View SEC Filing  
2/8/2016Nancy L FosterInsiderBuy5,000$6.47$32,350.00View SEC Filing  
2/3/2016Nancy L FosterInsiderBuy5,000$6.73$33,650.00View SEC Filing  
5/1/2015David L GainesCFOBuy5,000$6.72$33,600.00View SEC Filing  
2/3/2015David L GainesCFOBuy20,000$6.80$136,000.00View SEC Filing  
2/3/2015Nancy L FosterInsiderBuy5,000$6.78$33,900.00View SEC Filing  
8/19/2014Susan D SaboCAOSell2,500$6.80$17,000.00View SEC Filing  
5/5/2014David L GainesCFOBuy10,000$6.51$65,100.00View SEC Filing  
12/3/2013Kim Stuart PriceDirectorSell14,611$6.91$100,962.01View SEC Filing  
2/25/2013Larry W CarrollDirectorSell26,000$5.57$144,820.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Park Sterling Corp (NASDAQ:PSTB)
Latest Headlines for Park Sterling Corp (NASDAQ:PSTB)
Source:
DateHeadline
thestreet.com logoPSTB Crosses Above Average Analyst Target
www.thestreet.com - May 19 at 12:10 PM
thestreet.com logoPark Sterling Becomes Oversold
www.thestreet.com - May 17 at 7:16 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 17 at 7:52 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of Park Sterling Corporation to South State Corporation is Fair to Shareholders -- PSTB
finance.yahoo.com - May 15 at 6:37 PM
americanbankingnews.com logoShort Interest in Park Sterling Corp (PSTB) Grows By 93.6%
www.americanbankingnews.com - May 15 at 12:28 PM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bearish Manner : PSTB-US : May 12, 2017
finance.yahoo.com - May 12 at 8:08 PM
americanbankingnews.com logoZacks: Analysts Anticipate Park Sterling Corp (PSTB) Will Announce Earnings of $0.14 Per Share
www.americanbankingnews.com - May 10 at 6:14 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Park Sterling Corporation and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 9 at 6:54 PM
finance.yahoo.com logoPark Sterling Corp. : PSTB-US: Dividend Analysis : May 09th, 2017 (record date) : By the numbers : May 5, 2017
finance.yahoo.com - May 5 at 7:37 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 5 at 9:50 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Regarding Whether the Sale of Park Sterling Corporation to South State Corporation is Fair to Shareholders
finance.yahoo.com - May 4 at 7:34 PM
thestreet.com logoReminder - Park Sterling (PSTB) Goes Ex-Dividend Soon
www.thestreet.com - May 3 at 7:39 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Park Sterling Corporation
finance.yahoo.com - May 3 at 7:39 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Receiving Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 1:11 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Park Sterling Corporation to South State Corporation is Fair to Shareholders - PSTB
finance.yahoo.com - May 2 at 5:10 PM
finance.yahoo.com logoPARK STERLING INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Park Sterling Corporation
finance.yahoo.com - May 2 at 5:10 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Park Sterling Corporation and Encourages Investors to Contact the Firm for Additional Information
finance.yahoo.com - May 2 at 5:10 PM
finance.yahoo.com logoPARK STERLING CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
finance.yahoo.com - May 1 at 6:41 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Getting Favorable Press Coverage, Report Shows
www.americanbankingnews.com - April 29 at 10:23 PM
finance.yahoo.com logoWeissLaw LLP: Park Sterling Corporation Acquisition Is the Subject of a Legal Investigation
finance.yahoo.com - April 28 at 3:21 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Announces Quarterly Dividend of $0.04
www.americanbankingnews.com - April 27 at 8:18 PM
bizjournals.com logoUPDATED: Charlotte’s Park Sterling Bank to merge with South State Bank
www.bizjournals.com - April 27 at 7:48 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - April 27 at 7:05 PM
finance.yahoo.com logoSouth State Corporation Announces Merger with Park Sterling Corporation Entry into VA and Expands Presence in the Carolinas and GA
finance.yahoo.com - April 27 at 10:40 AM
finance.yahoo.com logoPark Sterling Corporation Announces Results for First Quarter 2017
finance.yahoo.com - April 27 at 10:40 AM
finance.yahoo.com logoCharlotte’s Park Sterling Bank to merge with South State Bank
finance.yahoo.com - April 27 at 10:40 AM
marketbeat.com logoPark Sterling posts 1Q profit
marketbeat.com - April 27 at 9:12 AM
feeds.benzinga.com logoSouth State Corporation Announces Merger with Park Sterling Corporation
feeds.benzinga.com - April 27 at 8:08 AM
americanbankingnews.com logo Analysts Anticipate Park Sterling Corp (PSTB) to Announce $0.13 EPS
www.americanbankingnews.com - April 27 at 12:58 AM
americanbankingnews.com logoPark Sterling Corp (PSTB) Getting Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 10:40 PM
americanbankingnews.com logoPark Sterling Corp (PSTB) Receives Daily News Impact Score of 0.59
www.americanbankingnews.com - April 23 at 8:02 AM
americanbankingnews.com logo$0.13 EPS Expected for Park Sterling Corp (PSTB) This Quarter
www.americanbankingnews.com - April 19 at 8:09 PM
americanbankingnews.com logoSomewhat Favorable Press Coverage Extremely Likely to Effect Park Sterling Corp (PSTB) Share Price
www.americanbankingnews.com - April 14 at 2:26 PM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bearish Manner : PSTB-US : April 13, 2017
finance.yahoo.com - April 13 at 9:39 AM
americanbankingnews.com logoPark Sterling Corp (PSTB) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 10 at 9:53 AM
finance.yahoo.com logoPark Sterling Corporation to Announce First Quarter 2017 results on April 27, 2017
finance.yahoo.com - April 7 at 7:42 PM
biz.yahoo.com logoPARK STERLING CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 9:11 PM
biz.yahoo.com logoPARK STERLING CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 9 at 7:14 PM
finance.yahoo.com logoCoverage initiated on Park Sterling by Brean Capital
finance.yahoo.com - February 24 at 8:35 PM
seekingalpha.com logoPRO Weekly Digest: RMB Fund's Anton Schutz Talks Financials
seekingalpha.com - February 13 at 12:16 AM
streetinsider.com logoForm 8-K Park Sterling Corp For: Jan 25
www.streetinsider.com - January 27 at 1:36 AM
seekingalpha.com logoPark Sterling's (PSTB) CEO James Cherry on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 27 at 1:36 AM
finance.yahoo.com logoEdited Transcript of PSTB earnings conference call or presentation 26-Jan-17 1:30pm GMT
finance.yahoo.com - January 27 at 1:36 AM
finance.yahoo.com logoPark Sterling Corporation Announces Quarterly Cash Dividend on Common Shares
finance.yahoo.com - January 26 at 2:19 AM
finance.yahoo.com logoPark Sterling Corporation to Announce Fourth Quarter 2016 results on January 26, 2017
finance.yahoo.com - January 9 at 8:02 PM
finance.yahoo.com logoPark Sterling Corporation Announces Additions to Richmond Banking Team
finance.yahoo.com - January 5 at 3:25 PM
bizjournals.com logoJudy Wishnek lands new role as market exec for Capital Bank
www.bizjournals.com - November 30 at 7:31 PM
us.rd.yahoo.com logoPark Sterling downgraded by Keefe Bruyette
us.rd.yahoo.com - November 30 at 12:20 PM
finance.yahoo.com logoPARK STERLING CORP Financials
finance.yahoo.com - November 17 at 6:41 PM
finance.yahoo.com logoEdited Transcript of PSTB earnings conference call or presentation 27-Oct-16 12:30pm GMT
finance.yahoo.com - October 28 at 10:42 AM

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Chart

Park Sterling Corp (PSTB) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff