About Park Sterling Corporation (NASDAQ:PSTB)
Park 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: Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:PSTB
- CUSIP: 70086Y10
- Web: www.parksterlingbank.com
- Market Cap: $684.63 million
- Outstanding Shares: 52,904,000
- 50 Day Moving Avg: $12.15
- 200 Day Moving Avg: $11.86
- 52 Week Range: $8.21 - $12.97
Sales & Book Value:
- Trailing P/E Ratio: 24.69
- Foreward P/E Ratio: 18.08
- P/E Growth: 2.55
- Annual Revenue: $127.97 million
- Price / Sales: 5.31
- Book Value: $6.98 per share
- Price / Book: 1.84
- Annual Dividend: $0.16
- Dividend Yield: 1.3%
- Net Margins: 19.00%
- Return on Equity: 8.67%
- Return on Assets: 0.95%
- Debt-to-Equity Ratio: 0.17%
- Current Ratio: 0.89%
- Quick Ratio: 0.89%
- Average Volume: 204,389 shs.
- Beta: 0.84
- Short Ratio: 0.99
Frequently Asked Questions for Park Sterling Corporation (NASDAQ:PSTB)
What is Park Sterling Corporation's stock symbol?
Park Sterling Corporation trades on the NASDAQ under the ticker symbol "PSTB."
How often does Park Sterling Corporation pay dividends? What is the dividend yield for Park Sterling Corporation?
Park Sterling Corporation announced a quarterly dividend on Thursday, July 27th. Investors of record on Wednesday, August 9th will be paid a dividend of $0.04 per share on Friday, August 25th. This represents a $0.16 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Monday, August 7th. View Park Sterling Corporation's Dividend History.
How were Park Sterling Corporation's earnings last quarter?
Park Sterling Corporation (NASDAQ:PSTB) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.03. The business had revenue of $34.03 million for the quarter, compared to the consensus estimate of $33.30 million. Park Sterling Corporation had a return on equity of 8.67% and a net margin of 19.00%. During the same period in the prior year, the business earned $0.12 earnings per share. View Park Sterling Corporation's Earnings History.
When will Park Sterling Corporation make its next earnings announcement?
Where is Park Sterling Corporation's stock going? Where will Park Sterling Corporation's stock price be in 2017?
5 analysts have issued 12 month target prices for Park Sterling Corporation's shares. Their forecasts range from $9.50 to $10.50. On average, they anticipate Park Sterling Corporation's share price to reach $9.83 in the next year. View Analyst Ratings for Park Sterling Corporation.
Who are some of Park Sterling Corporation's key competitors?
Some companies that are related to Park Sterling Corporation include Bgeo Group PLC (BGEO), Tompkins Financial (TMP), Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL), FB Financial Corporation (FBK), State Bank Financial Corporation. (STBZ), City Holding Company (CHCO), Seacoast Banking Corporation of Florida (SBCF), Southside Bancshares (SBSI), Aldermore Group PLC (ALD), First BanCorp. (FBP), Hanmi Financial Corporation (HAFC), Sandy Spring Bancorp (SASR), Customers Bancorp (CUBI), Banc of California (BANC), MainSource Financial Group (MSFG), United Financial Bancorp (UBNK) and Flushing Financial Corporation (FFIC).
Who are Park Sterling Corporation's key executives?
Park Sterling Corporation's management team includes the folowing people:
- Bryan F. Kennedy III, President; Park Sterling Bank
- James C. Cherry, Chief Executive Officer, Director; Chief Executive Officer of Park Sterling Bank
- Kim S. Price, Vice Chairman of the Board
- Donald K Truslow, Chief Financial Officer, Executive Vice President
- Nancy J. Foster, Executive Vice President, Chief Risk Officer of the Company and Park Sterling Bank
- Walter C. Ayers, Independent Director
- Leslie M. Baker Jr., Independent Director
- Larry W. Carroll, Independent Director
- Jean E. Davis, Independent Director
- Grant S. Grayson, Independent Director
How do I buy Park Sterling Corporation stock?
Shares of Park Sterling Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Park Sterling Corporation's stock price today?
MarketBeat Community Rating for Park Sterling Corporation (NASDAQ PSTB)MarketBeat's community ratings are surveys of what our community members think about Park Sterling 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.
One share of Park Sterling Corporation stock can currently be purchased for approximately $12.84.
Consensus Ratings for Park Sterling Corporation (NASDAQ:PSTB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: ||5 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$9.83 (23.42% downside)|Consensus Price Target History for Park Sterling Corporation (NASDAQ:PSTB)
Analysts' Ratings History for Park Sterling Corporation (NASDAQ:PSTB)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/3/2017||Brean Capital||Reiterated Rating||Hold||Low|
|11/29/2016||Keefe, Bruyette & Woods||Downgrade||Outperform -> Market Perform||$9.50 -> $10.50||N/A|
|11/16/2016||Piper Jaffray Companies||Initiated Coverage||Neutral||$9.50||N/A|
|11/4/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|10/31/2016||Hovde Group||Downgrade||Outperform -> Market Perform||$9.00 -> $9.50||N/A|
|10/6/2016||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||N/A|
|10/6/2016||ING Group||Downgrade||Outperform -> Market Perform||N/A|
|7/5/2016||Stephens||Upgrade||Equal Weight -> Overweight||N/A|
Earnings History for Park Sterling Corporation (NASDAQ:PSTB)Earnings History by Quarter for Park Sterling Corporation (NASDAQ PSTB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.14||$0.17||$33.30 million||$34.03 million||View||N/A|
|4/27/2017||Q1 2017||$0.13||$0.14||$31.95 million||$32.53 million||View||N/A|
|1/26/2017||Q416||$0.14||$0.14||$31.55 million||$32.42 million||View||N/A|
|10/27/2016||Q316||$0.13||$0.14||$31.71 million||$31.27 million||View||Listen|
|7/28/2016||Q216||$0.11||$0.12||$30.96 million||$31.43 million||View||Listen|
|4/28/2016||Q116||$0.08||$0.12||$25.17 million||$31.33 million||View||Listen|
|1/28/2016||Q415||$0.11||$0.11||$25.95 million||$24.50 million||View||Listen|
|10/29/2015||Q3||$0.11||$0.11||$25.54 million||$25.28 million||View||Listen|
|7/23/2015||Q215||$0.10||$0.10||$20.93 million||$24.90 million||View||Listen|
|4/23/2015||Q115||$0.09||$0.09||$24.33 million||$24.93 million||View||N/A|
|1/30/2015||Q414||$0.09||$0.09||$24.63 million||$23.91 million||View||N/A|
|10/30/2014||Q3||$0.09||$0.09||$24.20 million||$23.90 million||View||N/A|
|7/24/2014||Q114||$0.07||$0.09||$21.44 million||$23.10 million||View||N/A|
|4/24/2014||$0.08||$0.08||$21.83 million||$20.76 million||View||N/A|
|11/2/2012||Q312||$0.02||$0.03||$9.87 million||$10.00 million||View||N/A|
Earnings Estimates for Park Sterling Corporation (NASDAQ:PSTB)
2017 EPS Consensus Estimate: $0.58
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Park Sterling Corporation (NASDAQ:PSTB)
|Most Recent Dividend:||8/25/2017|
|Payout Ratio:||30.77% (Trailing 12 Months of Earnings) |
26.23% (Based on This Year's Estimates)
22.54% (Based on Next Year's Estimates)
Dividend History by Quarter for Park Sterling Corporation (NASDAQ PSTB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Park Sterling Corporation (NASDAQ:PSTB)
Insider Ownership Percentage: 7.28%Insider Trades by Quarter for Park Sterling Corporation (NASDAQ:PSTB)
Institutional Ownership Percentage: 82.11%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/28/2017||Patricia C Hartung||Director||Buy||47||$11.39||$535.33|| |
|5/26/2017||Patricia C Hartung||Director||Buy||46||$11.53||$530.38|| |
|2/23/2017||Patricia C Hartung||Director||Buy||44||$12.04||$529.76|| |
|1/31/2017||Bryan F Kennedy III||President||Sell||20,000||$11.55||$231,000.00|| |
|12/5/2016||Nancy L Foster||Insider||Sell||20,000||$9.88||$197,600.00|| |
|12/5/2016||Thomas B Henson||Director||Sell||11,000||$9.80||$107,800.00|| |
|12/1/2016||Bryan F Kennedy III||President||Sell||112,812||$9.52||$1,073,970.24|| |
|8/24/2016||Patricia C Hartung||Director||Buy||65||$8.13||$528.45|| |
|5/25/2016||Patricia C Hartung||Director||Buy||52||$7.50||$390.00|| |
|2/24/2016||Patricia C Hartung||Director||Buy||65||$6.06||$393.90|| |
|2/19/2016||Nancy L Foster||Insider||Buy||5,000||$6.10||$30,500.00|| |
|2/11/2016||Nancy L Foster||Insider||Buy||5,000||$6.14||$30,700.00|| |
|2/8/2016||Nancy L Foster||Insider||Buy||5,000||$6.47||$32,350.00|| |
|2/3/2016||Nancy L Foster||Insider||Buy||5,000||$6.73||$33,650.00|| |
|5/1/2015||David L Gaines||CFO||Buy||5,000||$6.72||$33,600.00|| |
|2/3/2015||David L Gaines||CFO||Buy||20,000||$6.80||$136,000.00|| |
|2/3/2015||Nancy L Foster||Insider||Buy||5,000||$6.78||$33,900.00|| |
|8/19/2014||Susan D Sabo||CAO||Sell||2,500||$6.80||$17,000.00|| |
|5/5/2014||David L Gaines||CFO||Buy||10,000||$6.51||$65,100.00|| |
|12/3/2013||Kim Stuart Price||Director||Sell||14,611||$6.91||$100,962.01|| |
|2/25/2013||Larry W Carroll||Director||Sell||26,000||$5.57||$144,820.00|| |
Headline Trends for Park Sterling Corporation (NASDAQ:PSTB)
Latest Headlines for Park Sterling Corporation (NASDAQ:PSTB)
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Park Sterling Corporation (PSTB) Chart for Sunday, October, 22, 2017