Sussex Bancorp is a bank holding company for Sussex Bank (the Bank). The Company's primary business is the ownership and supervision of the Bank. The Company has two business segments: banking and financial services, and insurance services. The Company, through the Bank, conducts a traditional commercial banking business, and offer services, including personal and business checking accounts and time deposits, money market accounts and savings accounts. The Company, through the Bank's subsidiary, Tri-State, operates a full service general insurance agency, offering both commercial and personal lines of insurance. The Company's service area primarily consists of Sussex, Morris and Bergen Counties in New Jersey, and Orange and Queens Counties, New York. The Company's loan portfolio includes commercial and industrial consumer loans, construction loans, commercial real estate loans, residential real estate loans, and consumer and other loans.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:SBBX
- CUSIP: N/A
- Web: www.sussexbank.com
Capitalization:- Market Cap: $114.98 million
- Outstanding Shares: 4,696,000
Average Prices:- 50 Day Moving Avg: $24.65
- 200 Day Moving Avg: $23.90
- 52 Week Range: $14.54 - $28.55
P/E:- Trailing P/E Ratio: 18.88
- Foreward P/E Ratio: 12.41
- P/E Growth: 1.76
Sales & Book Value:- Annual Revenue: $31.8 million
- Price / Sales: 3.57
- Book Value: $13.29 per share
- Price / Book: 1.82
Dividend:- Annual Dividend: $0.24
- Dividend Yield: 1.0%
Profitability:- Net Margins: 15.49%
- Return on Equity: 10.02%
- Return on Assets: 0.72%
Debt:- Debt-to-Equity Ratio: 1.50%
- Current Ratio: 1.01%
- Quick Ratio: 1.01%
Misc:- Average Volume: 18,822 shs.
- Beta: 0.43
- Short Ratio: 7.76
Frequently Asked Questions for Sussex Bancorp (NASDAQ:SBBX)
What is Sussex Bancorp's stock symbol?
Sussex Bancorp trades on the NASDAQ under the ticker symbol "SBBX."
How often does Sussex Bancorp pay dividends? What is the dividend yield for Sussex Bancorp?
Sussex Bancorp declared a quarterly dividend on Thursday, April 27th. Shareholders of record on Wednesday, May 10th will be given a dividend of $0.06 per share on Wednesday, May 24th. This represents a $0.24 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Monday, May 8th. This is a boost from Sussex Bancorp's previous quarterly dividend of $0.04. View Sussex Bancorp's Dividend History.
How were Sussex Bancorp's earnings last quarter?
Sussex Bancorp (NASDAQ:SBBX) posted its earnings results on Wednesday, April, 26th. The company reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.07. The business had revenue of $9.23 million for the quarter, compared to analyst estimates of $9.20 million. Sussex Bancorp had a return on equity of 10.02% and a net margin of 15.49%. View Sussex Bancorp's Earnings History.
When will Sussex Bancorp make its next earnings announcement?
Where is Sussex Bancorp's stock going? Where will Sussex Bancorp's stock price be in 2017?
1 brokers have issued 1 year target prices for Sussex Bancorp's shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate Sussex Bancorp's stock price to reach $18.00 in the next year. View Analyst Ratings for Sussex Bancorp.
Who are some of Sussex Bancorp's key competitors?
Some companies that are related to Sussex Bancorp include Shore Bancshares (SHBI), MidSouth Bancorp (MSL), First Internet Bancorp (INBK), First Financial Northwest (FFNW), Bank of Commerce Holdings (CA) (BOCH), California First National Bancorp (CFNB), County Bancorp (ICBK), Riverview Bancorp (RVSB), Middlefield Banc Corp. (MBCN), Provident Financial Holdings (PROV), Entegra Financial Corp. (ENFC), FS Bancorp (FSBW), Atlantic Coast Financial Corporation (ACFC), Guaranty Federal Bancshares (GFED), Eagle Bancorp Montana (EBMT), Avenue Financial Holdings (AVNU), Banc of California (FPTB) and Banco Santander, S.A. (STD).
Who are Sussex Bancorp's key executives?
Sussex Bancorp's management team includes the folowing people:
- Edward J. Leppert, Independent Chairman of the Board
- Anthony J. Labozzetta, President, Chief Executive Officer, Director
- Steven Mark Anthony Fusco, Chief Financial Officer, Senior Vice President; Executive Vice President of the Bank
- George Lista, President and Chief Executive Officer of Tri-State Insurance Agency, Inc.
- Kurt Breitenstein, Executive Vice President and Chief Lending Officer of Bank
- Vito Giannola, Executive Vice President and Chief Retail Officer of the Bank
- Neill Schreyer, Senior Vice President and Chief Credit Officer of the Bank
- Michael X. McBride, Director
- Patrick E. Brady, Independent Director
- Richard Branca, Independent Director
How do I buy Sussex Bancorp stock?
Shares of Sussex Bancorp 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 Sussex Bancorp's stock price today?
One share of Sussex Bancorp stock can currently be purchased for approximately $24.20.
MarketBeat Community Rating for Sussex Bancorp (NASDAQ SBBX)MarketBeat's community ratings are surveys of what our community members think about Sussex Bancorp 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.
Consensus Ratings for Sussex Bancorp (NASDAQ:SBBX) (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: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $18.00 (25.62% downside) |
Analysts' Ratings History for Sussex Bancorp (NASDAQ:SBBX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/29/2016 | Hovde Group | Boost Price Target | Outperform | $16.00 -> $18.00 | N/A |  |
| 2/26/2016 | FIG Partners | Reiterated Rating | Outperform | | N/A | |
| 1/13/2016 | Keefe, Bruyette & Woods | Initiated Coverage | Outperform | $17.00 | N/A | |
(Data available from 7/21/2015 forward)
Earnings History for Sussex Bancorp (NASDAQ:SBBX)Earnings History by Quarter for Sussex Bancorp (NASDAQ SBBX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/25/2017 | | $0.33 | | | | | N/A | |
| 4/26/2017 | Q1 2017 | $0.36 | $0.43 | $9.20 million | $9.23 million | View | N/A | |
| 1/26/2017 | Q4 2016 | $0.29 | $0.32 | $8.30 million | $8.29 million | View | N/A | |
| 4/26/2016 | | $0.24 | $0.34 | $7.20 million | $8.17 million | View | N/A | |
| 1/28/2016 | | $0.22 | $0.22 | $6.70 million | $6.69 million | View | N/A | |
| 7/27/2015 | Q215 | | $0.19 | | $6.43 million | View | N/A | |
| 4/29/2014 | Q114 | | $0.15 | | $5.90 million | View | N/A | |
| 2/3/2014 | Q413 | | $0.14 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Sussex Bancorp (NASDAQ:SBBX)2017 EPS Consensus Estimate: $1.37
2018 EPS Consensus Estimate: $1.96
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.36 | $0.36 | $0.36 |
| Q2 2017 | 1 | $0.30 | $0.30 | $0.30 |
| Q3 2017 | 1 | $0.36 | $0.36 | $0.36 |
| Q4 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q1 2018 | 1 | $0.45 | $0.45 | $0.45 |
| Q2 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q3 2018 | 1 | $0.51 | $0.51 | $0.51 |
| Q4 2018 | 1 | $0.54 | $0.54 | $0.54 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Sussex Bancorp (NASDAQ:SBBX)| Most Recent Dividend: | 5/24/2017 |
| Annual Dividend: | $0.24 |
| Dividend Yield: | 0.99% |
| Payout Ratio: | 18.90% (Trailing 12 Months of Earnings)
16.78% (Based on This Year's Estimates)
12.31% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Sussex Bancorp (NASDAQ SBBX)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/27/2017 | quarterly | $0.06 | 0.94% | 5/8/2017 | 5/10/2017 | 5/24/2017 |
| 1/27/2017 | quarterly | $0.04 | 0.76% | 2/7/2017 | 2/9/2017 | 2/23/2017 |
| 10/28/2016 | quarterly | $0.04 | 0.97% | 11/7/2016 | 11/9/2016 | 11/23/2016 |
| 7/28/2016 | quarterly | $0.04 | 1.04% | 8/8/2016 | 8/10/2016 | 8/24/2016 |
| 4/28/2016 | quarterly | $0.04 | 1.22% | 5/9/2016 | 5/11/2016 | 5/25/2016 |
| 1/29/2016 | quarterly | $0.04 | 1.25% | 2/9/2016 | 2/11/2016 | 2/25/2016 |
| 10/30/2015 | quarterly | $0.04 | 1.22% | 11/6/2015 | 11/11/2015 | 11/25/2015 |
| 7/28/2015 | quarterly | $0.04 | 1.33% | 8/6/2015 | 8/10/2015 | 8/24/2015 |
| 4/30/2015 | quarterly | $0.04 | 1.43% | 5/8/2015 | 5/12/2015 | 5/26/2015 |
| 2/5/2015 | quarterly | $0.04 | 1.56% | 2/11/2015 | 2/16/2015 | 3/2/2015 |
| 10/30/2014 | quarterly | $0.03 | 1.2% | 11/12/2014 | 11/14/2014 | 12/1/2014 |
| 8/1/2014 | quarterly | $0.03 | 1.27% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 4/30/2014 | quarterly | $0.03 | 1.33% | 5/9/2014 | 5/13/2014 | 5/27/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Sussex Bancorp (NASDAQ:SBBX)Insider Ownership Percentage: 17.60%
Institutional Ownership Percentage: 34.71%
Insider Trades by Quarter for Sussex Bancorp (NASDAQ:SBBX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/16/2017 | Anthony J Labozzetta | Insider | Buy | 6,250 | $24.00 | $150,000.00 | |
| 6/16/2017 | Katherine H Caristia | Director | Buy | 3,125 | $24.00 | $75,000.00 | |
| 9/7/2016 | Anthony J Labozzetta | Insider | Buy | 475 | $15.75 | $7,481.25 | |
| 8/9/2016 | Richard Branca | Director | Buy | 500 | $15.67 | $7,835.00 | |
| 8/8/2016 | Charles A Musilli | Director | Buy | 950 | $15.67 | $14,886.50 | |
| 9/8/2015 | George Lista | CEO | Sell | 2,500 | $12.40 | $31,000.00 | |
| 8/27/2015 | Edward J Leppert | Director | Buy | 1,800 | $12.50 | $22,500.00 | |
| 8/26/2015 | George Lista | CEO | Sell | 2,500 | $12.20 | $30,500.00 | |
| 8/18/2015 | George Lista | CEO | Sell | 2,500 | $12.24 | $30,600.00 | |
| 8/13/2015 | Charles A Musilli | Director | Buy | 1,200 | $12.31 | $14,772.00 | |
| 8/10/2015 | Patrick Brady | Director | Buy | 1,000 | $12.20 | $12,200.00 | |
| 5/1/2015 | Steven Mark Anthony Fusco | CFO | Buy | 3,000 | $11.30 | $33,900.00 | |
| 2/11/2015 | Richard Branca | Director | Buy | 3,119 | $10.38 | $32,375.22 | |
| 2/9/2015 | Richard Branca | Director | Buy | 1,400 | $10.47 | $14,658.00 | |
| 2/5/2015 | Charles A Musilli | Director | Buy | 1,000 | $10.34 | $10,340.00 | |
| 10/13/2014 | George Lista | CEO | Buy | 99 | $9.96 | $986.04 | |
| 9/22/2014 | Patrick Brady | Director | Sell | 1,000 | $9.66 | $9,660.00 | |
| 8/29/2014 | Patrick Brady | Director | Sell | 6,960 | $8.91 | $62,013.60 | |
| 8/13/2014 | George Lista | CEO | Buy | 1,000 | $9.70 | $9,700.00 | |
| 5/8/2014 | Anthony J Labozzetta | CEO | Buy | 2,150 | $9.20 | $19,780.00 | |
| 5/8/2014 | Richard Branca | Director | Buy | 1,000 | $9.00 | $9,000.00 | |
| 5/8/2014 | Steven Mark Anthony Fusco | CFO | Buy | 1,050 | $9.23 | $9,691.50 | |
| 5/5/2014 | John E Ursin | Director | Buy | 9,400 | $8.90 | $83,660.00 | |
| 11/15/2013 | George Lista | CEO | Buy | 1,400 | $7.49 | $10,486.00 | |
| 9/17/2013 | George Lista | CEO | Buy | 1,000 | $6.73 | $6,730.00 | |
| 4/24/2013 | Patrick Brady | Director | Buy | 1,488 | $6.25 | $9,300.00 | |
| 8/23/2012 | George Lista | CEO | Buy | 2,000 | $4.91 | $9,820.00 | |
| 8/22/2012 | John E Ursin | Director | Buy | 1,132 | $4.75 | $5,377.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Sussex Bancorp (NASDAQ:SBBX)
Latest Headlines for Sussex Bancorp (NASDAQ:SBBX)
| Source: |
|
| Date | Headline |
|---|
 | Sussex Bancorp (NASDAQ:SBBX) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 18 at 9:34 AM |
| Sussex Bancorp to Post Q4 2017 Earnings of $0.35 Per Share, FIG Partners Forecasts (SBBX)
www.americanbankingnews.com - June 26 at 7:40 AM |
 | Sussex Bancorp Closes Common Stock Offering
finance.yahoo.com - June 22 at 12:08 PM |
| Anthony J. Labozzetta Acquires 6,250 Shares of Sussex Bancorp (SBBX) Stock
www.americanbankingnews.com - June 19 at 4:29 PM |
| Katherine H. Caristia Purchases 3,125 Shares of Sussex Bancorp (SBBX) Stock
www.americanbankingnews.com - June 19 at 4:29 PM |
 | Sussex Bancorp (SBBX) Announces Commencement of $25M Common Share Offering
www.streetinsider.com - June 17 at 8:42 PM |
| Head-To-Head Comparison: Republic First Bancorp (FRBK) vs. Sussex Bancorp (SBBX)
www.americanbankingnews.com - June 17 at 10:44 AM |
| Sussex Bancorp (SBBX) Prices 1.14M Share Common Offering at $24/Sh
www.streetinsider.com - June 16 at 3:54 PM |
| Sussex Bancorp Announces Commencement of Common Stock Offering
finance.yahoo.com - June 16 at 9:37 AM |
| Sussex Bancorp Announces Pricing of Common Stock Offering
finance.yahoo.com - June 16 at 9:37 AM |
| ETFs with exposure to Sussex Bancorp : June 12, 2017
finance.yahoo.com - June 12 at 4:22 PM |
| Sussex Bancorp :SBBX-US: Earnings Analysis: Q1, 2017 By the Numbers : June 9, 2017
finance.yahoo.com - June 9 at 7:52 PM |
| Sussex Bancorp (SBBX) Upgraded to "Buy" by ValuEngine
www.americanbankingnews.com - June 3 at 11:32 AM |
| Zacks: Brokerages Set $28.00 Target Price for Sussex Bancorp (SBBX)
www.americanbankingnews.com - May 16 at 6:42 PM |
| Sussex Bancorp : SBBX-US: Dividend Analysis : May 10th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - May 9 at 7:13 PM |
| Sussex Bancorp (SBBX) Rating Increased to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - May 7 at 4:02 PM |
 | Reminder - Sussex Bancorp (SBBX) Goes Ex-Dividend Soon
www.thestreet.com - May 4 at 7:58 PM |
| Sussex Bancorp (SBBX) Receiving Somewhat Critical Press Coverage, Analysis Finds
www.americanbankingnews.com - May 2 at 5:26 PM |
| Sussex Bancorp (SBBX) Raises Quarterly Dividend 50% to $0.06; 1% Yield
www.streetinsider.com - April 28 at 8:40 PM |
| Sussex Bancorp (SBBX) Declares Dividend Increase - $0.06 Per Share
www.americanbankingnews.com - April 27 at 6:46 PM |
| Sussex Bancorp (SBBX) Releases Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - April 27 at 2:44 PM |
| Sussex Bancorp (SBBX) Receiving Very Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 27 at 10:04 AM |
 | Sussex Bancorp Declares a 50% Increase in Its Quarterly Cash Dividend
feeds.benzinga.com - April 26 at 4:43 PM |
 | Sussex Bancorp beats by $0.07
seekingalpha.com - April 26 at 3:58 PM |
| Sussex Bancorp Reports a 28% Increase in Net Income Driven by Loan and Deposit Growth for the First Quarter 2017
finance.yahoo.com - April 26 at 9:29 AM |
| Sussex Bancorp (SBBX) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - April 22 at 7:05 AM |
| Sussex Bancorp (SBBX) Sees Significant Drop in Short Interest
www.americanbankingnews.com - April 15 at 10:40 PM |
| Somewhat Negative Media Coverage Likely to Effect Sussex Bancorp (SBBX) Share Price
www.americanbankingnews.com - April 15 at 2:13 PM |
| Brokers Issue Forecasts for Sussex Bancorp's Q4 2018 Earnings (SBBX)
www.americanbankingnews.com - April 14 at 2:56 PM |
| Sussex Bancorp to Post FY2017 Earnings of $1.40 Per Share, FIG Partners Forecasts (SBBX)
www.americanbankingnews.com - April 13 at 10:57 AM |
 | BRIEF-Sussex Bancorp announces merger with Community Bank of Bergen County, NJ
www.businessinsider.com - April 12 at 11:21 PM |
| Sussex Bancorp Announces a Merger With Community Bank of Bergen County, NJ
finance.yahoo.com - April 11 at 9:51 AM |
| Analysts Expect Sussex Bancorp (SBBX) to Post $0.36 Earnings Per Share
www.americanbankingnews.com - March 31 at 1:10 PM |
| SUSSEX BANCORP Financials
finance.yahoo.com - March 23 at 8:10 PM |
| Michael X. McBride Appointed to the Boards of Sussex Bancorp & Sussex Bank
finance.yahoo.com - March 1 at 10:06 AM |
| SUSSEX BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal Of
biz.yahoo.com - January 28 at 6:20 AM |
| Sussex Bancorp Reports a 67% Increase in Net Income Driven by Loan and Deposit Growth for the Fourth Quarter 2016 and Declares a Quarterly Cash Dividend
finance.yahoo.com - January 27 at 2:49 AM |
| SUSSEX BANCORP Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - January 4 at 1:05 AM |
| SUSSEX BANCORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sh
us.rd.yahoo.com - December 23 at 7:49 PM |
 | 3:43 pm Sussex Bancorp announces the completion of a private placement of $15 mln of fixed-to-floating rate subordinated notes due 2026
us.rd.yahoo.com - December 23 at 7:49 PM |
| Sussex Bancorp goes ex-dividend today
seekingalpha.com - November 7 at 8:25 AM |
| Sussex Bancorp beats by $0.02, beats on revenue
seekingalpha.com - October 28 at 11:02 AM |
| Sussex Bancorp Reports a 33.3% Increase in EPS to $0.28 for the Third Quarter
finance.yahoo.com - October 27 at 7:19 PM |
| Sussex Bancorp reports Q2 results
seekingalpha.com - July 27 at 9:12 PM |
| Sergio Musacchio Appointed to Executive Vice President/Chief Lending Officer at Sussex Bank
finance.yahoo.com - July 18 at 5:03 PM |
| Investment Professionals Inc. Establishes New Broker-Dealer Partnership With New Jersey-Based Sussex Bank
finance.yahoo.com - June 29 at 7:45 AM |
| SUSSEX BANCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - April 29 at 2:17 PM |
| SUSSEX BANCORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial
biz.yahoo.com - April 27 at 9:14 AM |
 | Hottest Finance Stocks Now – VHC ITUB BBD CACC
investorplace.com - March 17 at 2:00 PM |
| SUSSEX BANCORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 4:46 PM |
Sussex Bancorp (SBBX) Chart for Friday, July, 21, 2017
