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
Current SymbolNASDAQ:SLCT
Previous Symbol
CUSIPN/A
Phone910-892-7080
Debt
Debt-to-Equity Ratio0.28
Current Ratio1.12
Quick Ratio1.12
Price-To-Earnings
Trailing P/E Ratio19.93
Forward P/E Ratio12.80
P/E GrowthN/A
Sales & Book Value
Annual Sales$42.69 million
Price / Sales3.99
Cash Flow$0.7145 per share
Price / Cash17.02
Book Value$14.60 per share
Price / Book0.83
Profitability
EPS (Most Recent Fiscal Year)$0.61
Net Income$3.18 million
Net Margins12.66%
Return on Equity7.88%
Return on Assets1.00%
Miscellaneous
Employees202
Outstanding Shares14,020,000
Market Cap$169.99 million
OptionableNot Optionable
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) released its quarterly earnings results on Monday, October, 22nd. The bank reported $0.27 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.07. The bank had revenue of $12.92 million for the quarter, compared to analyst estimates of $13.61 million. Select Bancorp had a return on equity of 7.88% and a net margin of 12.66%. 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.
Has Select Bancorp been receiving favorable news coverage?
Media stories about SLCT stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Select Bancorp earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.
Who are some of Select Bancorp's key competitors?
Some companies that are related to Select Bancorp include Preferred Bank (PFBC), ConnectOne Bancorp (CNOB), Merchants Bancorp (MBIN), Horizon Bancorp (HBNC), Fidelity Southern (LION), Flushing Financial (FFIC), Customers Bancorp (CUBI), Heritage Commerce (HTBK), Blue Hills Bancorp (BHBK), Midland States Bancorp (MSBI), Peoples Utah Bancorp (PUB), HarborOne Bancorp (HONE), Bank of Marin Bancorp (BMRC), QCR (QCRH) and Equity BancShares (EQBK).
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 retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (4.21%), BlackRock Inc. (3.67%), JCSD Capital LLC (3.48%), Thomson Horstmann & Bryant Inc. (3.38%), Stieven Capital Advisors L.P. (1.93%) and Elizabeth Park Capital Advisors Ltd. (1.43%). Company insiders that own Select Bancorp stock include Alicia Speight Hawk, Anthony Rand, David Richard Tobin Jr, Gary J Brock, Gerald W Hayes, Jr, James H Jr Glen, Mark Alan Jeffries, 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 acquired by a variety of institutional investors in the last quarter, including JCSD Capital LLC, Thomson Horstmann & Bryant Inc., Stieven Capital Advisors L.P., Alliancebernstein L.P., Elizabeth Park Capital Advisors Ltd., EJF Capital LLC, Monashee Investment Management LLC and Banc Funds Co. LLC. Company insiders that have bought Select Bancorp stock in the last two years include Anthony Rand, David Richard Tobin Jr, Gerald W Hayes, Jr, James H Jr Glen, Mark Alan Jeffries, 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 $12.16.
How big of a company is Select Bancorp?
Select Bancorp has a market capitalization of $169.99 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.
