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
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone844-256-7328
Debt
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Sales & Book Value
Annual Sales$43.98 million
Price / Sales3.82
Price / Cash Flow15.85
Price / Book1.77
Profitability
Net Income$5.69 million
Net Margins13.22%
Return on Assets1.00%
Miscellaneous
Employees156
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. Stockholders 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 1.42%. 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) issued its quarterly earnings data on Monday, October, 29th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. The financial services provider earned $13.51 million during the quarter, compared to analyst estimates of $14.20 million. SB One Bancorp had a return on equity of 9.68% and a net margin of 13.22%. 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 brokers have issued 1-year target prices for SB One Bancorp's stock. Their forecasts range from $30.00 to $30.00. On average, they anticipate SB One Bancorp's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 42.1% 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. " (1/16/2019)
- 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 headlines about SBBX stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SB One Bancorp earned a news impact score of -1.6 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of SB One Bancorp's key competitors?
Some companies that are related to SB One Bancorp include Univest Co. of Pennsylvania (UVSP), First Foundation (FFWM), Horizon Bancorp (HBNC), Byline Bancorp (BY), Live Oak Bancshares (LOB), ConnectOne Bancorp (CNOB), Flushing Financial (FFIC), Customers Bancorp (CUBI), Merchants Bancorp (MBIN), Guaranty Bancorp (GBNK), Tristate Capital (TSC), Preferred Bank (PFBC), Bank of Marin Bancorp (BMRC), Blue Hills Bancorp (BHBK) and Peoples Utah Bancorp (PUB).
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 55)
- Mr. Steven M. Fusco CMA, CFM, Sr. EVP & CFO (Age 52)
- Mr. Peter A. Michelotti CFP, Sr. EVP, COO & Director (Age 50)
- Ms. Barbara Muccia, VP and HR Director
- Mr. Vito Giannola, Sr. EVP & Chief Banking Officer (Age 42)
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 $21.11.
How big of a company is SB One Bancorp?
SB One Bancorp has a market capitalization of $166.35 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.
