Select Bancorp, Inc. is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services. The Bank's lending activities are oriented to the consumer/retail customer, as well as to the small-to-medium sized businesses located in central and eastern North Carolina. The Bank offers commercial, consumer and mortgage lending products. It originates construction loans for the purpose of acquisition, development and construction of both residential and commercial properties (ADC loans). The Bank's deposits include savings, negotiable order of withdrawal (NOW) account and money market deposits, time deposits and non-interest-bearing deposits.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:SLCT
- CUSIP: N/A
- Web: www.selectbank.com
Capitalization:- Market Cap: $139.01 million
- Outstanding Shares: 11,661,000
Average Prices:- 50 Day Moving Avg: $12.02
- 200 Day Moving Avg: $11.25
- 52 Week Range: $7.78 - $12.75
P/E:- Trailing P/E Ratio: 18.87
- Foreward P/E Ratio: 14.68
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $33.67 million
- Price / Sales: 4.12
- Book Value: $9.14 per share
- Price / Book: 1.30
Profitability:- Net Margins: 19.14%
- Return on Equity: 7.09%
- Return on Assets: 0.87%
Debt:- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 1.02%
- Quick Ratio: 1.02%
Misc:- Average Volume: 9,876 shs.
- Beta: 0.34
- Short Ratio: 1.2
Frequently Asked Questions for Select Bancorp (NASDAQ:SLCT)
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 quarterly earnings data on Thursday, May, 4th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.02. The company earned $8.81 million during the quarter, compared to analysts' expectations of $8.87 million. Select Bancorp had a return on equity of 7.09% and a net margin of 19.14%. View Select Bancorp's Earnings History.
When will Select Bancorp make its next earnings announcement?
Where is Select Bancorp's stock going? Where will Select Bancorp's stock price be in 2017?
1 analysts have issued 1 year price targets for Select Bancorp's shares. Their forecasts range from $13.00 to $13.00. On average, they anticipate Select Bancorp's stock price to reach $13.00 in the next year. View Analyst Ratings for Select Bancorp.
Who are some of Select Bancorp's key competitors?
Some companies that are related to Select Bancorp include Central Valley Community Bancorp (CVCY), Charter Financial Corp. (CHFN), Southern First Bancshares (SFST), Summit Financial Group (SMMF), MutualFirst Financial (MFSF), Civista Bancshares (CIVB), Northrim BanCorp (NRIM), Capstar Financial Holdings (CSTR), LCNB Corporation (LCNB), Investar Holding Corporation (ISTR), First Business Financial Services (FBIZ), Orrstown Financial Services (ORRF), DNB Financial Corp (DNBF), Two River Bancorp (TRCB), 1st Constitution Bancorp (NJ) (FCCY), First Community Corporation (FCCO), HopFed Bancorp (HFBC) and American River Bankshares (AMRB).
Who are Select Bancorp's key executives?
Select Bancorp's management team includes the folowing people:
- J. Gary Ciccone, Independent Chairman of the Board
- William L. Hedgepeth II, President, Chief Executive Officer, Director of the Company and the Bank
- Mark A. Jeffries, Chief Financial Officer, Executive Vice President
- Lynn H. Johnson, Chief Operating Officer, Executive Vice President, Chief Administrative Officer
- W. Keith Betts, Executive Vice President and Chief Banking Officer
- David Richard Tobin Jr., Executive Vice President and Chief Credit Officer of the Company and New Century Bank
- Gary J. Brock, Senior Vice President and Senior Commercial Lender of the Bank
- James H. Glen Jr., Independent Director
- Oscar N. Harris, Independent Director
- Alicia Speight Hawk, Independent Director
How do I buy Select Bancorp stock?
Shares of Select 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 Select Bancorp's stock price today?
One share of Select Bancorp stock can currently be purchased for approximately $11.89.
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 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 Select Bancorp (NASDAQ:SLCT) (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 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $13.00 (9.34% upside) |
Analysts' Ratings History for Select Bancorp (NASDAQ:SLCT)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/22/2017 | FIG Partners | Downgrade | Outperform -> Market Perform | $13.00 | Low |  |
(Data available from 7/21/2015 forward)
Earnings History for Select Bancorp (NASDAQ:SLCT)Earnings History by Quarter for Select Bancorp (NASDAQ SLCT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/24/2017 | | $0.18 | | | | | N/A | |
| 5/4/2017 | Q1 2017 | $0.16 | $0.18 | $8.87 million | $8.81 million | View | N/A | |
| 7/26/2016 | Q2 | $0.15 | $0.16 | $8.53 million | $8.56 million | View | N/A | |
| 5/3/2016 | | $0.14 | $0.13 | $8.32 million | $8.37 million | View | N/A | |
| 2/5/2016 | Q4 | $0.13 | $0.14 | $8.25 million | $8.45 million | View | N/A | |
| 5/6/2015 | Q2 | $0.15 | $0.16 | $7.94 million | $8.17 million | View | N/A | |
| 2/2/2015 | | $0.11 | $0.12 | $7.74 million | $8.10 million | View | N/A | |
| 8/1/2014 | | $0.09 | $0.09 | $5.42 million | $4.73 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Select Bancorp (NASDAQ:SLCT)2017 EPS Consensus Estimate: $0.72
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.16 | $0.16 | $0.16 |
| Q2 2017 | 1 | $0.18 | $0.18 | $0.18 |
| Q3 2017 | 1 | $0.19 | $0.19 | $0.19 |
| Q4 2017 | 1 | $0.19 | $0.19 | $0.19 |
| Q4 2018 | 1 | $0.22 | $0.22 | $0.22 |
(Data provided by Zacks Investment Research)
Dividend History for Select Bancorp (NASDAQ:SLCT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Select Bancorp (NASDAQ:SLCT)Insider Ownership Percentage: 14.21%
Institutional Ownership Percentage: 15.38%
Insider Trades by Quarter for Select Bancorp (NASDAQ:SLCT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/16/2017 | David Richard Tobin Jr | Insider | Sell | 1,000 | $10.92 | $10,920.00 | |
| 12/6/2016 | Gary J Brock | Insider | Sell | 5,000 | $10.27 | $51,350.00 | |
| 12/2/2016 | Alicia Speight Hawk | Director | Sell | 10,119 | $8.85 | $89,553.15 | |
| 12/1/2016 | Alicia Speight Hawk | Director | Sell | 4,067 | $9.02 | $36,684.34 | |
| 11/16/2016 | David Richard Tobin Jr | Insider | Sell | 1,300 | $8.35 | $10,855.00 | |
| 11/16/2016 | James H Jr. Glen | Director | Sell | 3,451 | $8.24 | $28,436.24 | |
| 9/28/2016 | Oscar N Harris | Director | Buy | 238 | $7.99 | $1,901.62 | |
| 9/26/2016 | V. Parker Overton | Director | Sell | 5,000 | $8.35 | $41,750.00 | |
| 9/19/2016 | V. Parker Overton | Director | Sell | 25,000 | $8.35 | $208,750.00 | |
| 9/16/2016 | V. Parker Overton | Director | Sell | 5,068 | $8.25 | $41,811.00 | |
| 9/14/2016 | V. Parker Overton | Director | Sell | 200 | $8.73 | $1,746.00 | |
| 5/26/2016 | Alicia Speight Hawk | Director | Sell | 25,110 | $8.06 | $202,386.60 | |
| 12/22/2015 | Gary J Brock | EVP | Sell | 39 | $7.75 | $302.25 | |
| 12/22/2015 | Oscar N Harris | Director | Buy | 7,623 | $7.67 | $58,468.41 | |
| 11/12/2015 | David Richard Tobin, Jr. | EVP | Sell | 3,350 | $8.05 | $26,967.50 | |
| 9/22/2015 | Alicia Speight Hawk | Director | Sell | 53,789 | $7.25 | $389,970.25 | |
| 9/3/2015 | Oscar N Harris | Director | Buy | 2,800 | $7.38 | $20,664.00 | |
| 6/25/2015 | Oscar N Harris | Director | Buy | 1,436 | $6.96 | $9,994.56 | |
| 6/5/2015 | Carlie C Mclamb Jr | Director | Buy | 1,552 | $6.84 | $10,615.68 | |
| 2/23/2015 | James H Jr. Glen | Director | Buy | 10,500 | $6.60 | $69,300.00 | |
| 12/30/2014 | Oscar N Harris | Director | Buy | 7,900 | $7.50 | $59,250.00 | |
| 12/29/2014 | Carlie C Mclamb Jr | Director | Buy | 1,372 | $7.10 | $9,741.20 | |
| 12/19/2014 | Oscar N Harris | Director | Buy | 12,498 | $7.40 | $92,485.20 | |
(Data available from 1/1/2013 forward)
Headline Trends for Select Bancorp (NASDAQ:SLCT)
Latest Headlines for Select Bancorp (NASDAQ:SLCT)
| Source: |
|
| Date | Headline |
|---|
 | Select Bancorp, Inc. (NASDAQ:SLCT) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - July 17 at 8:58 AM |
| Select Bancorp, Inc. (SLCT) Lowered to Hold at ValuEngine
www.americanbankingnews.com - July 7 at 5:08 PM |
 | Select Bancorp Names Executive Vice President Johnson Chief Operating Officer
finance.yahoo.com - July 7 at 11:48 AM |
| Analysts Expect Select Bancorp, Inc. (SLCT) to Post $0.18 Earnings Per Share
www.americanbankingnews.com - June 28 at 10:18 AM |
| ETFs with exposure to Select Bancorp, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 7:56 PM |
| Select Bancorp, Inc. (SLCT) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - June 14 at 9:13 AM |
| ETFs with exposure to Select Bancorp, Inc. : June 9, 2017
finance.yahoo.com - June 9 at 8:04 PM |
| Select Bancorp, Inc. :SLCT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 8, 2017
finance.yahoo.com - June 8 at 10:37 PM |
| Select Bancorp (SLCT) & First Bank (FRBA) Financial Review
www.americanbankingnews.com - June 7 at 12:50 PM |
| Select Bancorp Inc (SLCT) Rating Increased to Buy at ValuEngine
www.americanbankingnews.com - June 3 at 10:14 AM |
| Select Bancorp Inc (SLCT) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 30 at 11:22 AM |
| Select Bancorp Inc (SLCT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 27 at 7:20 AM |
| Select Bancorp Inc (SLCT) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - May 24 at 8:20 PM |
| Q2 2017 EPS Estimates for Select Bancorp Inc (SLCT) Increased by Analyst
www.americanbankingnews.com - May 23 at 7:18 AM |
| Select Bancorp Inc (SLCT) Rating Lowered to Market Perform at FIG Partners
www.americanbankingnews.com - May 22 at 10:20 AM |
| Select Bancorp Re-Elects Four Members to Board of Directors at Annual Shareholders Meeting
finance.yahoo.com - May 16 at 7:48 PM |
| Select Bancorp Inc (SLCT) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - May 5 at 5:30 PM |
| Select Bancorp posts 1Q profit
finance.yahoo.com - May 4 at 8:11 PM |
| Select Bancorp (SLCT) Earns Media Impact Rating of 0.18
www.americanbankingnews.com - May 4 at 2:14 PM |
| Select Bancorp Reports First Quarter 2017 Earnings
finance.yahoo.com - May 4 at 10:20 AM |
| Select Bancorp (SLCT) Given Daily Media Sentiment Score of 0.38
www.americanbankingnews.com - April 30 at 8:25 AM |
| Select Bancorp Inc (SLCT) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 7:24 AM |
| Select Bancorp (SLCT) Receives Media Sentiment Score of 0.37
www.americanbankingnews.com - April 27 at 5:24 PM |
| Select Bancorp (SLCT) Receives Daily Media Sentiment Score of 0.31
www.americanbankingnews.com - April 24 at 5:46 PM |
| Select Bancorp (SLCT) Receives Daily Coverage Optimism Score of 0.29
www.americanbankingnews.com - April 19 at 11:15 AM |
| Select Bancorp Inc (SLCT) Sees Significant Increase in Short Interest
www.americanbankingnews.com - April 18 at 7:48 PM |
| Zacks: Select Bancorp Inc (SLCT) Given $12.25 Consensus Price Target by Analysts
www.americanbankingnews.com - April 4 at 12:01 AM |
| SELECT BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 14 at 7:19 PM |
 | Fifth Third Bancorp Announces Acquisition of R.G. McGraw Insurance Agency Inc.
www.businesswire.com - February 27 at 4:39 PM |
| Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.19 Per Share
finance.yahoo.com - February 22 at 8:04 PM |
 | Select Bancorp Reports Fourth Quarter and Year-End 2016 Earnings
us.rd.yahoo.com - January 28 at 6:36 AM |
| United Financial Bancorp, Inc. Announces Record Earnings For Fourth Quarter, Quarterly Dividend And Annual …
finance.yahoo.com - January 25 at 5:43 AM |
 | S&T Bancorp, Inc. Declares Quarterly Dividend
www.prnewswire.com - January 25 at 5:43 AM |
 | Company Overview of Select Bancorp, Inc. Prior to Merger with New Century Bancorp Inc.
www.bloomberg.com - January 21 at 7:37 PM |
 | Verde Servicos Internacionais S.A. Buys KeyCorp, Bank of America Corporation, SPDR Select ...
www.nasdaq.com - January 11 at 11:35 PM |
| Crown Capital Announces $35.0 Million Credit Facility to Support Continued Growth
finance.yahoo.com - December 30 at 8:13 AM |
| Bank ETFs: Countdown to Fed Meeting
www.nasdaq.com - December 8 at 8:43 PM |
| Jack Henry Banking's jhaCall Center Fulfills Need for Scalable Customer Support
finance.yahoo.com - December 8 at 8:27 AM |
 | Form 4 SELECT BANCORP, INC. For: Jul 28 Filed by: Hawk Alicia Speight
www.streetinsider.com - December 3 at 10:08 AM |
| SELECT BANCORP, INC. Financials
finance.yahoo.com - November 18 at 7:06 PM |
| SELECT BANCORP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 14 at 7:45 PM |
| SELECT BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
biz.yahoo.com - November 8 at 7:22 PM |
 | BRIEF-Select Bancorp reports Q3 2016 earnings
www.reuters.com - November 3 at 7:31 PM |
 | Frederick County Bank Deploys Cachet Financial Solutions’ Prepaid Mobile Banking Platform with Payroll Card
globenewswire.com - October 27 at 12:26 PM |
| BRIEF-Organovo announces select preliminary Q2 2017 results
www.reuters.com - October 12 at 10:11 AM |
| Deutsche Bank and German regulation - Presented by: The Aol. On Network
www.nasdaq.com - September 30 at 2:08 PM |
| Form 4 SELECT BANCORP, INC. For: Sep 14 Filed by: Overton V. Parker
www.streetinsider.com - September 17 at 11:45 AM |
| Bank of England meeting today - preview
www.nasdaq.com - September 14 at 7:30 PM |
| SELECT BANCORP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - September 14 at 7:30 PM |
| Select Bancorp (SLCT) Approves 5% Stock Buyback Plan
www.streetinsider.com - September 2 at 12:14 PM |
Select Bancorp (SLCT) Chart for Friday, July, 21, 2017
