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: $684.63 million
  • Outstanding Shares: 52,904,000
Average Prices:
  • 50 Day Moving Avg: $12.15
  • 200 Day Moving Avg: $11.86
  • 52 Week Range: $8.21 - $12.97
P/E:
  • Trailing P/E Ratio: 24.69
  • Foreward P/E Ratio: 18.08
  • P/E Growth: 2.55
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: 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. Shareholders 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 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date 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) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.17 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.03. The business earned $34.03 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm posted $0.12 earnings per share. 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 brokers have issued 12 month price objectives for Park Sterling Corporation's stock. Their forecasts range from $9.50 to $10.50. On average, they expect Park Sterling Corporation's stock 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?

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:  80 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  204
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 10/23/2015 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)
26.23% (Based on This Year's Estimates)
22.54% (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)
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Chart

Park Sterling Corporation (PSTB) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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