Park Sterling Corporation Company Profile (NASDAQ:PSTB)

About Park Sterling Corporation (NASDAQ:PSTB)

Park Sterling Corporation 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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:PSTB
  • CUSIP: 70086Y10
  • Web: www.parksterlingbank.com
Capitalization:
  • Market Cap: $679.29 million
  • Outstanding Shares: 52,904,000
Average Prices:
  • 50 Day Moving Avg: $12.11
  • 200 Day Moving Avg: $11.86
  • 52 Week Range: $8.09 - $12.97
P/E:
  • Trailing P/E Ratio: 24.73
  • Foreward P/E Ratio: 18.61
  • P/E Growth: 2.53
Sales & Book Value:
  • Annual Revenue: $127.97 million
  • Price / Sales: 5.31
  • Book Value: $6.98 per share
  • Price / Book: 1.84
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 1.3%
Profitability:
  • Net Margins: 19.00%
  • Return on Equity: 8.67%
  • Return on Assets: 0.95%
Debt:
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 206,392 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 given a dividend of $0.04 per share on Friday, August 25th. This represents a $0.16 annualized dividend and a dividend 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 earnings results on Thursday, July, 27th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. The business had revenue of $34.03 million for the quarter, compared to analysts' expectations of $33.30 million. Park Sterling Corporation had a net margin of 19.00% and a return on equity of 8.67%. During the same period in the prior year, the company earned $0.12 EPS. View Park Sterling Corporation's Earnings History.

When will Park Sterling Corporation make its next earnings announcement?

Park Sterling Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Park Sterling Corporation.

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

5 brokerages have issued 1-year price objectives for Park Sterling Corporation's stock. Their forecasts range from $9.50 to $10.50. On average, they anticipate Park Sterling Corporation's stock price to reach $9.83 in the next twelve months. View Analyst Ratings for Park Sterling Corporation.

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

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?

One share of Park Sterling Corporation stock can currently be purchased for approximately $12.84.


MarketBeat Community Rating for Park Sterling Corporation (NASDAQ PSTB)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  79 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  202
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.

Analyst Ratings

Consensus Ratings for Park Sterling Corporation (NASDAQ:PSTB) (How are Consensus Ratings Calculated?)
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)
Price Target History for Park Sterling Corporation (NASDAQ:PSTB)
Analysts' Ratings History for Park Sterling Corporation (NASDAQ:PSTB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Brean CapitalReiterated RatingHoldLowView 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 10/20/2015 forward)

Earnings

Earnings History for Park Sterling Corporation (NASDAQ:PSTB)
Earnings by Quarter for Park Sterling Corporation (NASDAQ:PSTB)
Earnings History by Quarter for Park Sterling Corporation (NASDAQ PSTB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.16N/AView Earnings Details
7/27/2017Q2 2017$0.14$0.17$33.30 million$34.03 millionViewN/AView Earnings Details
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 Corporation (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 Corporation (NASDAQ:PSTB)
Most Recent Dividend:8/25/2017
Annual Dividend:$0.16
Dividend Yield:1.25%
Payout Ratio:30.77% (Trailing 12 Months of Earnings)
25.40% (Based on This Year's Estimates)
23.19% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Park Sterling Corporation (NASDAQ:PSTB)

Dividend History by Quarter for Park Sterling Corporation (NASDAQ PSTB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.041.39%8/7/20178/9/20178/25/2017
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 Corporation (NASDAQ:PSTB)
Insider Ownership Percentage: 7.28%
Institutional Ownership Percentage: 82.11%
Insider Trades by Quarter for Park Sterling Corporation (NASDAQ:PSTB)
Institutional Ownership by Quarter for Park Sterling Corporation (NASDAQ:PSTB)
Insider Trades by Quarter for Park Sterling Corporation (NASDAQ:PSTB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/28/2017Patricia C HartungDirectorBuy47$11.39$535.33View SEC Filing  
5/26/2017Patricia C HartungDirectorBuy46$11.53$530.38View SEC Filing  
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 Corporation (NASDAQ:PSTB)
Latest Headlines for Park Sterling Corporation (NASDAQ:PSTB)
Source:
DateHeadline
americanbankingnews.com logoPark Sterling Corporation (PSTB) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - October 19 at 4:46 AM
americanbankingnews.com logoComparing Park Sterling Corporation (PSTB) & Carolina Financial Corporation (CARO)
www.americanbankingnews.com - October 18 at 10:20 PM
finance.yahoo.com logoPark Sterling Corporation to Announce Third Quarter 2017 results on October 26, 2017
finance.yahoo.com - October 11 at 6:48 AM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - October 8 at 9:56 PM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Expected to Post Earnings of $0.15 Per Share
www.americanbankingnews.com - October 8 at 12:24 PM
finance.yahoo.com logoETFs with exposure to Park Sterling Corp. : October 5, 2017
finance.yahoo.com - October 5 at 5:42 PM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 4 at 4:54 PM
finance.yahoo.com logoETFs with exposure to Park Sterling Corp. : September 25, 2017
finance.yahoo.com - September 25 at 5:20 PM
finance.yahoo.com logoPark Sterling Corp. :PSTB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 22 at 2:37 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Park Sterling Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2017
finance.yahoo.com - September 14 at 9:34 AM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bullish Manner : PSTB-US : September 14, 2017
finance.yahoo.com - September 14 at 9:34 AM
finance.yahoo.com logoPark Sterling Corp. : PSTB-US: Dividend Analysis : August 09th, 2017 (record date) : By the numbers : September 11, 2017
finance.yahoo.com - September 12 at 8:51 AM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 9 at 12:40 PM
americanbankingnews.com logo$34.45 Million in Sales Expected for Park Sterling Corporation (PSTB) This Quarter
www.americanbankingnews.com - September 3 at 8:48 AM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 15 at 4:37 PM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Expected to Post Quarterly Sales of $34.45 Million
www.americanbankingnews.com - August 15 at 1:34 AM
americanbankingnews.com logo$0.15 EPS Expected for Park Sterling Corporation (PSTB) This Quarter
www.americanbankingnews.com - August 13 at 8:08 PM
finance.yahoo.com logoPark Sterling Corp. – Value Analysis (NASDAQ:PSTB) : August 9, 2017
finance.yahoo.com - August 10 at 7:04 AM
americanbankingnews.com logoPark Sterling Corporation (NASDAQ:PSTB) Short Interest Down 26.5% in July
www.americanbankingnews.com - July 29 at 7:14 AM
americanbankingnews.com logoPark Sterling Corporation (NASDAQ:PSTB) Stock Rating Reaffirmed by Brean Capital
www.americanbankingnews.com - July 28 at 1:39 PM
finance.yahoo.com logoPark Sterling posts 2Q profit
finance.yahoo.com - July 28 at 6:58 AM
americanbankingnews.com logoPark Sterling Corporation (NASDAQ:PSTB) Issues Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - July 27 at 5:21 PM
americanbankingnews.com logoPark Sterling Corporation to Issue Quarterly Dividend of $0.04 (PSTB)
www.americanbankingnews.com - July 27 at 4:27 PM
feeds.benzinga.com logoPark Sterling Corporation Announces Results for Second Quarter 2017
feeds.benzinga.com - July 27 at 7:18 AM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bullish Manner : PSTB-US : July 26, 2017
finance.yahoo.com - July 27 at 6:35 AM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 21 at 4:59 PM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bullish Manner : PSTB-US : July 10, 2017
finance.yahoo.com - July 11 at 6:50 AM
finance.yahoo.com logoPark Sterling Corporation to Announce Second Quarter 2017 results on July 27, 2017
finance.yahoo.com - July 7 at 5:50 AM
bizjournals.com logoWhy North Carolina's banking shake-ups aren't deterring Pinnacle
www.bizjournals.com - July 6 at 4:04 PM
americanbankingnews.com logoPark Sterling Corporation (PSTB) Expected to Post Quarterly Sales of $33.30 Million
www.americanbankingnews.com - July 2 at 9:27 AM
finance.yahoo.com logoPark Sterling Corp. breached its 50 day moving average in a Bullish Manner : PSTB-US : June 30, 2017
finance.yahoo.com - July 1 at 6:45 AM
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
thestreet.com logoReminder - Park Sterling (PSTB) Goes Ex-Dividend Soon
www.thestreet.com - May 3 at 7:39 PM
bizjournals.com logoUPDATED: Charlotte’s Park Sterling Bank to merge with South State Bank
www.bizjournals.com - April 27 at 7:48 PM
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
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
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
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
bizjournals.com logoTHE LIST: Charlotte's largest community banks
www.bizjournals.com - October 14 at 10:10 AM
bizjournals.com logoPark Sterling to centralize operations in Gastonia
www.bizjournals.com - September 6 at 6:59 PM
seekingalpha.com logoPark Sterling Poised For Strong Growth
seekingalpha.com - September 1 at 6:52 PM
biz.yahoo.com logoPARK STERLING CORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - August 30 at 6:51 PM
biz.yahoo.com logoPARK STERLING CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Financial Statements and Exhib
biz.yahoo.com - August 29 at 6:42 PM

Social

Chart

Park Sterling Corporation (PSTB) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.