Select Bancorp, Inc. operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, money market and NOW accounts, savings accounts, and time deposits. Its loan products include 1-to-4 family residential, commercial real estate, multi-family residential, construction, and commercial and industrial loans; loans to individuals; and home equity lines of credit and overdrafts. Select Bancorp, Inc. operates a network of branch offices in Dunn, Burlington, Charlotte, Clinton, Elizabeth City, Fayetteville, Goldsboro, Greenville, Leland, Lillington, Lumberton, Morehead City, Raleigh, and Washington, North Carolina; and Rock Hill, Blacksburg, and Six Mile, South Carolina. The company was formerly known as New Century Bancorp, Inc. and changed its name to Select Bancorp, Inc. in July 2014. Select Bancorp, Inc. was founded in 2000 and is headquartered in Dunn, North Carolina.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:SLCT
CUSIPN/A
Phone910-892-7080
Debt
Debt-to-Equity Ratio0.41
Current Ratio1.05
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio20.41
Forward P/E Ratio14.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$42.69 million
Price / Sales4.09
Cash Flow$0.7122 per share
Price / Cash17.48
Book Value$11.67 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$0.61
Net Income$3.18 million
Net Margins8.96%
Return on Equity7.37%
Return on Assets0.85%
Miscellaneous
Employees202
Outstanding Shares14,020,000
Market Cap$174.61 million
Select Bancorp (NASDAQ:SLCT) Frequently Asked Questions
What is Select Bancorp's stock symbol?
Select Bancorp trades on the NASDAQ under the ticker symbol "SLCT."
How were Select Bancorp's earnings last quarter?
Select Bancorp Inc (NASDAQ:SLCT) issued its earnings results on Wednesday, July, 25th. The bank reported $0.22 earnings per share (EPS) for the quarter. The bank earned $13.16 million during the quarter. Select Bancorp had a return on equity of 7.37% and a net margin of 8.96%. View Select Bancorp's Earnings History.
When is Select Bancorp's next earnings date?
What is the consensus analysts' recommendation for Select Bancorp?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Select Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Select Bancorp.
Who are some of Select Bancorp's key competitors?
Some companies that are related to Select Bancorp include Fidelity Southern (LION), Blue Hills Bancorp (BHBK), Peoples Utah Bancorp (PUB), QCR (QCRH), Heritage Commerce (HTBK), HarborOne Bancorp (HONE), Equity BancShares (EQBK), Luther Burbank (LBC), First Financial (THFF), First Mid-Illinois Bancshares (FMBH), Bank of Marin Bancorp (BMRC), Allegiance Bancshares (ABTX), Franklin Financial Network (FSB), Independent Bank Co.(MI) (IBCP) and Mercantile Bank (MBWM).
Who are Select Bancorp's key executives?
Select Bancorp's management team includes the folowing people:
- Mr. William L. Hedgepeth II, Pres, CEO & Director (Age 56)
- Mr. Mark A. Jeffries CPA, Exec. VP & CFO (Age 63)
- Ms. Lynn Holland Johnson, Exec. VP & COO (Age 55)
- Mr. David Richard Tobin Jr., Exec. VP & Chief Credit Officer (Age 62)
- Mr. W. Keith Betts, Exec. VP & Chief Banking Officer (Age 61)
Who are Select Bancorp's major shareholders?
Select Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.47%), Bank of New York Mellon Corp (1.21%), Bank of New York Mellon Corp (1.21%), Dimensional Fund Advisors LP (1.07%), Northern Trust Corp (0.74%) and Eidelman Virant Capital (0.60%). Company insiders that own Select Bancorp stock include Alicia Speight Hawk, Anthony Rand, David Richard Tobin Jr, Gary J Brock, James H Jr Glen, Mark Alan Jeffries, Oscar N Harris, V Parker Overton, Walter Keith Betts and William L Hedgepeth. View Institutional Ownership Trends for Select Bancorp.
Which institutional investors are selling Select Bancorp stock?
Which institutional investors are buying Select Bancorp stock?
SLCT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Franklin Street Advisors Inc. NC, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc. and Pwmco LLC. Company insiders that have bought Select Bancorp stock in the last two years include Anthony Rand, David Richard Tobin Jr, James H Jr Glen, Mark Alan Jeffries, Oscar N Harris, Walter Keith Betts and William L Hedgepeth. View Insider Buying and Selling for Select Bancorp.
How do I buy shares of Select Bancorp?
Shares of SLCT 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 Select Bancorp's stock price today?
One share of SLCT stock can currently be purchased for approximately $12.45.
How big of a company is Select Bancorp?
Select Bancorp has a market capitalization of $174.61 million and generates $42.69 million in revenue each year. The bank earns $3.18 million in net income (profit) each year or $0.61 on an earnings per share basis. Select Bancorp employs 202 workers across the globe.
What is Select Bancorp's official website?
How can I contact Select Bancorp?
Select Bancorp's mailing address is 700 W. Cumberland Street, Dunn NC, 28334. The bank can be reached via phone at 910-892-7080 or via email at [email protected]
MarketBeat Community Rating for Select Bancorp (NASDAQ SLCT)
MarketBeat's community ratings are surveys of what our community members think about Select Bancorp and other stocks. Vote "Outperform" if you believe SLCT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLCT will underperform the S&P 500 over the long term. You may vote once every thirty days.
