SB One Bancorp operates as a bank holding company for SB One Bank that provides commercial banking and related financial services to individual, business, and government customers. It operates in two segments, Banking and Financial Services, and Insurance Services. The company's deposit products include personal and business checking, money market, and savings accounts, as well as time and demand deposits. Its loan portfolio comprises commercial, consumer, residential mortgage, home equity, and personal loans. The company also operates as a full service general insurance agency, which offers commercial and personal lines of insurance. It operates eight branches located in Sussex County, New Jersey; one branch in Warren County, New Jersey; one branch in Bergen County, New Jersey; and one in Queens County, New York. The company was formerly known as Sussex Bancorp and changed its name to SB One Bancorp in April 2018. SB One Bancorp was founded in 1975 and is based in Rockaway, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:SBBX
Previous Symbol
CUSIPN/A
Phone844-256-7328
Debt
Debt-to-Equity Ratio0.32
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio16.87
Forward P/E Ratio12.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$43.98 million
Price / Sales4.33
Cash Flow$1.3210 per share
Price / Cash18.13
Book Value$19.00 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$1.42
Net Income$5.69 million
Net Margins13.22%
Return on Equity9.68%
Return on Assets1.00%
Miscellaneous
Employees156
Outstanding Shares7,960,000
Market Cap$190.31 million
OptionableNot Optionable
SB One Bancorp (NASDAQ:SBBX) Frequently Asked Questions
What is SB One Bancorp's stock symbol?
SB One Bancorp trades on the NASDAQ under the ticker symbol "SBBX."
How often does SB One Bancorp pay dividends? What is the dividend yield for SB One Bancorp?
SB One Bancorp announced a quarterly dividend on Wednesday, October 24th. Shareholders of record on Monday, November 12th will be paid a dividend of $0.075 per share on Monday, November 26th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date is Friday, November 9th. View SB One Bancorp's Dividend History.
How were SB One Bancorp's earnings last quarter?
SB One Bancorp (NASDAQ:SBBX) announced its earnings results on Monday, October, 29th. The financial services provider reported $0.48 EPS for the quarter, meeting analysts' consensus estimates of $0.48. The financial services provider had revenue of $13.51 million for the quarter, compared to analyst estimates of $14.20 million. SB One Bancorp had a net margin of 13.22% and a return on equity of 9.68%. View SB One Bancorp's Earnings History.
When is SB One Bancorp's next earnings date?
What price target have analysts set for SBBX?
3 analysts have issued 1 year target prices for SB One Bancorp's shares. Their forecasts range from $30.00 to $32.50. On average, they anticipate SB One Bancorp's stock price to reach $31.25 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price. View Analyst Price Targets for SB One Bancorp.
What is the consensus analysts' recommendation for SB One Bancorp?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SB One Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SB One Bancorp.
What are Wall Street analysts saying about SB One Bancorp stock?
Here are some recent quotes from research analysts about SB One Bancorp stock:
- 1. According to Zacks Investment Research, "SB One Bancorp is the holding company for SB One Bank a commercial bank. It offers financial products and services which includes checking and savings accounts, commercial and consumer loans, investment, insurance, fund transfer, cash management and online banking services. The company offers SB One Insurance Agency Inc. and wealth management services through Sussex Investment Services. SB One Bancorp, formerly known as Sussex Bancorp, is based in Rockaway, United States. " (11/2/2018)
- 2. Boenning Scattergood analysts commented, "We continue to see multiple catalysts for the stock to close the valuation gap with peers, including: 1) successful deal closure and integration of Enterprise Bank, 2) improved profitability in 2019, and 3) problem credits resolution. We believe the risk/reward profile is favorable today with shares trading at a discount to peers on a P/E basis (9.6x 2019E vs. 11.4x). Our rating remains Outperform and we are adjusting our price target to $28 (from $30) to account for the recent pullback in industry valuations." (10/29/2018)
Has SB One Bancorp been receiving favorable news coverage?
Media stories about SBBX stock have trended somewhat positive on Wednesday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SB One Bancorp earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are some of SB One Bancorp's key competitors?
Some companies that are related to SB One Bancorp include Great Southern Bancorp (GSBC), Live Oak Bancshares (LOB), Carolina Financial (CARO), TrustCo Bank Corp NY (TRST), Univest Co. of Pennsylvania (UVSP), Tristate Capital (TSC), Stock Yards Bancorp (SYBT), First Foundation (FFWM), German American Bancorp. (GABC), HomeStreet (HMST), Oritani Financial (ORIT), Preferred Bank (PFBC), ConnectOne Bancorp (CNOB), Merchants Bancorp (MBIN) and Horizon Bancorp (HBNC).
Who are SB One Bancorp's key executives?
SB One Bancorp's management team includes the folowing people:
- Mr. Anthony J. Labozzetta, Pres, CEO & Director (Age 54)
- Mr. Steven M. Fusco CMA, CFM, Sr. EVP & CFO (Age 51)
- Mr. Peter A. Michelotti CFP, Sr. EVP, COO & Director (Age 49)
- Ms. Barbara Muccia, VP and HR Director
- Mr. Vito Giannola, Sr. EVP & Chief Banking Officer (Age 41)
Who are SB One Bancorp's major shareholders?
SB One Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (8.62%), BlackRock Inc. (4.53%), EJF Capital LLC (2.28%), Alliancebernstein L.P. (1.94%), Dimensional Fund Advisors LP (1.80%) and Renaissance Technologies LLC (1.71%). Company insiders that own SB One Bancorp stock include Anthony J Labozzetta, Edward J Leppert, George Lista, Katherine H Caristia, Mark J Hontz, Michael X Mcbride, Peter A Michelotti, Richard Branca, Sergio Enzo Musacchio and Steven Mark Anthony Fusco. View Institutional Ownership Trends for SB One Bancorp.
Which major investors are selling SB One Bancorp stock?
SBBX stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, Wells Fargo & Company MN and Banc Funds Co. LLC. Company insiders that have sold SB One Bancorp company stock in the last year include George Lista, Mark J Hontz and Sergio Enzo Musacchio. View Insider Buying and Selling for SB One Bancorp.
Which major investors are buying SB One Bancorp stock?
SBBX stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, EJF Capital LLC, BlackRock Inc., FNY Investment Advisers LLC, FNY Investment Advisers LLC, Victory Capital Management Inc. and First Trust Advisors LP. Company insiders that have bought SB One Bancorp stock in the last two years include Anthony J Labozzetta, Edward J Leppert, Katherine H Caristia, Michael X Mcbride, Peter A Michelotti, Richard Branca and Steven Mark Anthony Fusco. View Insider Buying and Selling for SB One Bancorp.
How do I buy shares of SB One Bancorp?
Shares of SBBX 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 SB One Bancorp's stock price today?
One share of SBBX stock can currently be purchased for approximately $23.95.
How big of a company is SB One Bancorp?
SB One Bancorp has a market capitalization of $190.31 million and generates $43.98 million in revenue each year. The financial services provider earns $5.69 million in net income (profit) each year or $1.42 on an earnings per share basis. SB One Bancorp employs 156 workers across the globe.
What is SB One Bancorp's official website?
How can I contact SB One Bancorp?
SB One Bancorp's mailing address is 100 ENTERPRISE DRIVE SUITE 700, ROCKAWAY NJ, 07866. The financial services provider can be reached via phone at 844-256-7328 or via email at [email protected]
MarketBeat Community Rating for SB One Bancorp (NASDAQ SBBX)
MarketBeat's community ratings are surveys of what our community members think about SB One Bancorp and other stocks. Vote "Outperform" if you believe SBBX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SBBX will underperform the S&P 500 over the long term. You may vote once every thirty days.
