Sun Bancorp Company Profile (NASDAQ:SNBC)

About Sun Bancorp

Sun Bancorp logoSun Bancorp, Inc. is a bank holding company. The Company's principal subsidiary is Sun National Bank (the Bank). Through the Bank, it provides an array of community banking services to consumers, small businesses and mid-size companies. The lending services to businesses include term loans, lines of credit and commercial mortgages. The commercial deposit services include business checking and money market accounts, and cash management solutions, such as online banking, electronic bill payment, lockbox services, remote deposit and controlled disbursement services. Its lending services to consumers consist primarily of lines of credit of overdraft sweeps. Its consumer deposit services include checking accounts, savings accounts, certificates of deposit and individual retirement accounts. In addition, the Company, through its subsidiary, Prosperis Financial Solutions, LLC., offers client access to mutual funds, securities brokerage, annuities and investment advisory services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SNBC
  • CUSIP: 86663B10
Key Metrics:
  • Previous Close: $26.45
  • 50 Day Moving Average: $25.29
  • 200 Day Moving Average: $23.95
  • 52-Week Range: $20.27 - $26.80
  • Trailing P/E Ratio: 8.16
  • Foreward P/E Ratio: 47.23
  • P/E Growth: 7.44
  • Market Cap: $500.49M
  • Outstanding Shares: 18,922,000
  • Beta: 0.75
Profitability:
  • Net Margins: 74.00%
  • Return on Equity: 23.34%
  • Return on Assets: 2.81%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.00%
  • Quick Ratio: 1.00%
Additional Links:
Companies Related to Sun Bancorp:

Analyst Ratings

Consensus Ratings for Sun Bancorp (NASDAQ:SNBC) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Sun Bancorp (NASDAQ:SNBC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Sun Bancorp (NASDAQ:SNBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
1/31/2017Q416$0.10$0.12$15.44 millionViewN/AView Earnings Details
10/31/2016Q316$0.10$0.09$15.36 millionViewListenView Earnings Details
7/26/2016Q216$0.08$0.16$15.16 millionViewListenView Earnings Details
5/3/2016Q116$0.05$0.04$15.32 millionViewN/AView Earnings Details
2/1/2016Q415$0.06$0.08$15.64 millionViewN/AView Earnings Details
10/26/2015Q315$0.03$0.17$16.32 millionViewListenView Earnings Details
7/27/2015Q215$0.01$0.15$16.37 millionViewListenView Earnings Details
4/27/2015Q115$0.01$0.15$16.84 millionViewN/AView Earnings Details
1/26/2015Q414($0.03)($0.15)ViewN/AView Earnings Details
10/22/2014Q3($0.02)($0.05)ViewN/AView Earnings Details
7/31/2014Q2($0.01)($0.05)ViewN/AView Earnings Details
4/23/2014($0.03)($0.02)ViewN/AView Earnings Details
1/22/2014Q4 13($0.03)($0.10)ViewN/AView Earnings Details
10/23/2013Q3 13($0.01)($0.06)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sun Bancorp (NASDAQ:SNBC)
Current Year EPS Consensus Estimate: $0.44 EPS
Next Year EPS Consensus Estimate: $0.56 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.06$0.06$0.06
Q1 20171$0.20$0.20$0.20
Q2 20171$0.23$0.23$0.23
Q3 20171$0.27$0.27$0.27
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sun Bancorp (NASDAQ:SNBC)
Annual Dividend:$0.04
Dividend Yield:0.15%
Payout Ratio:1.24% (Based on Trailing 12 Months of Earnings)
9.09% (Based on Current Year Consensus EPS Estimate)
7.14% (Based on Next Year Consensus EPS Estimate)

Dividend History for Sun Bancorp (NASDAQ:SNBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.010.16%2/23/20172/27/20173/13/2017
10/28/2016quarterly$0.010.17%11/23/201611/28/201612/12/2016
7/27/2016special$0.018/19/20168/23/20169/6/2016
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Sun Bancorp (NASDAQ:SNBC)
Insider Ownership Percentage: 33.42%
Institutional Ownership Percentage: 69.24%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2016Neelesh KalaniCAOSell595$21.58$12,840.10View SEC Filing  
2/22/2016Patricia M. SchaubeckEVPBuy500$20.59$10,295.00View SEC Filing  
2/11/2016Anthony R. CosciaDirectorBuy2,000$20.50$41,000.00View SEC Filing  
2/11/2016Thomas M. ObrienCEOBuy5,000$20.46$102,300.00View SEC Filing  
2/9/2016Patricia M. SchaubeckEVPBuy500$20.76$10,380.00View SEC Filing  
11/13/2015Keith StockDirectorBuy8,570$21.37$183,140.90View SEC Filing  
5/13/2015Thomas M ObrienCEOBuy5,000$18.91$94,550.00View SEC Filing  
5/6/2015Keith StockDirectorBuy1,000$18.74$18,740.00View SEC Filing  
2/17/2015Thomas M ObrienCEOBuy5,000$18.79$93,950.00View SEC Filing  
11/26/2014Keith StockDirectorBuy5,000$18.89$94,450.00View SEC Filing  
11/26/2014Patricia M SchaubeckEVPBuy1,500$18.83$28,245.00View SEC Filing  
11/21/2014Thomas M ObrienCEOBuy10,000$18.78$187,800.00View SEC Filing  
8/21/2014Anthony R CosciaDirectorBuy5,000$19.01$95,050.00View SEC Filing  
8/20/2014Thomas R BruggerCFOBuy4,000$18.90$75,600.00View SEC Filing  
8/19/2014Thomas M ObrienCEOBuy2,500$18.97$47,425.00View SEC Filing  
5/7/2014Philip NorcrossDirectorBuy25,000$3.61$90,250.00View SEC Filing  
1/30/2014Keith StockDirectorBuy1,000$3.33$3,330.00View SEC Filing  
1/30/2013Thomas R BruggerCFOBuy20,000$3.43$68,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Sun Bancorp (NASDAQ:SNBC)
DateHeadline
capitalcube.com logoSun Bancorp, Inc. (New Jersey) :SNBC-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 (NASDAQ:SNBC)
www.capitalcube.com - February 8 at 6:11 AM
seekingalpha.com logoSun Bancorp's (SNBC) CEO Thomas O'Brien on Q4 2016 Results - Earnings Call Transcript (NASDAQ:SNBC)
seekingalpha.com - February 2 at 3:02 AM
sg.finance.yahoo.com logoSun Bancorp posts 4Q profit (NASDAQ:SNBC)
sg.finance.yahoo.com - February 1 at 5:38 AM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : January 31, 2017 (NASDAQ:SNBC)
www.capitalcube.com - February 1 at 5:38 AM
finance.yahoo.com logoEdited Transcript of SNBC earnings conference call or presentation 31-Jan-17 4:00pm GMT (NASDAQ:SNBC)
finance.yahoo.com - February 1 at 5:38 AM
finance.yahoo.com logoSun National Bank to Host 2017 Volunteer Income Tax Assistance Sites in Atlantic, Burlington and Cumberland Counties in Partnership with United Way (NASDAQ:SNBC)
finance.yahoo.com - January 23 at 9:34 PM
thestreet.com logoTrump Commerce Pick Wilbur Ross Steps Into Senate Spotlight, Cast as 'Pro-Sensible Trade' (NASDAQ:SNBC)
us.rd.yahoo.com - January 18 at 11:19 PM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : January 18, 2017 (NASDAQ:SNBC)
us.rd.yahoo.com - January 18 at 11:19 PM
publicnow.com logoSun Bancorp, Inc. to Host Fourth Quarter Earnings Conference Call Tuesday, January 31, 2017 at 11:00 a.m. (EST) (NASDAQ:SNBC)
www.publicnow.com - January 6 at 4:47 AM
News IconMeet the king of Chinese tourism shopping in NYC (NASDAQ:SNBC)
nypost.com - December 8 at 8:45 PM
capitalcube.com logoETFs with exposure to Sun Bancorp, Inc. (New Jersey) : December 2, 2016 (NASDAQ:SNBC)
www.capitalcube.com - December 2 at 11:34 AM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : December 1, 2016 (NASDAQ:SNBC)
www.capitalcube.com - December 1 at 7:46 PM
bizjournals.com logoHow Trump's commerce secretary pick helped save a local bank (NASDAQ:SNBC)
www.bizjournals.com - November 30 at 8:10 PM
thestreet.com logoTrump to Nominate Mnuchin as Treasury Secretary, Ross as Commerce Secretary (NASDAQ:SNBC)
www.thestreet.com - November 30 at 10:41 AM
bizjournals.com logoLawyer named chairman of South Jersey bank (NASDAQ:SNBC)
www.bizjournals.com - November 28 at 5:30 PM
streetinsider.com logoSun Bancorp (SNBC) Announces Election of New Board Chair (NASDAQ:SNBC)
www.streetinsider.com - November 23 at 10:47 AM
biz.yahoo.com logoSUN BANCORP INC /NJ/ Files SEC form 8-K, Other Events (NASDAQ:SNBC)
biz.yahoo.com - November 22 at 7:43 PM
publicnow.com logoSun Bancorp, Inc. Elects Anthony R. Coscia as Board Chairman (NASDAQ:SNBC)
www.publicnow.com - November 22 at 12:10 PM
finance.yahoo.com logoSUN BANCORP INC /NJ/ Financials (NASDAQ:SNBC)
finance.yahoo.com - November 16 at 7:49 PM
biz.yahoo.com logoSUN BANCORP INC /NJ/ Files SEC form 10-Q, Quarterly Report (NASDAQ:SNBC)
biz.yahoo.com - November 8 at 7:25 PM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bullish Manner : SNBC-US : November 8, 2016 (NASDAQ:SNBC)
www.capitalcube.com - November 8 at 11:26 AM
capitalcube.com logoETF’s with exposure to Sun Bancorp, Inc. (New Jersey) : November 2, 2016 (NASDAQ:SNBC)
www.capitalcube.com - November 2 at 7:55 PM
News IconSun Bancorp, Inc. (MM) (NASDAQ:SNBC) (NASDAQ:SNBC)
ih.advfn.com - November 2 at 11:04 AM
cnbc.com logoSun Bancorp posts 3Q profit (NASDAQ:SNBC)
www.cnbc.com - November 2 at 11:04 AM
biz.yahoo.com logoSUN BANCORP INC /NJ/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi (NASDAQ:SNBC)
biz.yahoo.com - November 1 at 7:44 PM
finance.yahoo.com logoEdited Transcript of SNBC earnings conference call or presentation 31-Oct-16 3:00pm GMT (NASDAQ:SNBC)
finance.yahoo.com - November 1 at 12:05 PM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) :SNBC-US: Earnings Analysis: Q3, 2016 By the Numbers : November 1, 2016 (NASDAQ:SNBC)
www.capitalcube.com - November 1 at 12:05 PM
publicnow.com logoSun Bancorp, Inc. Announces Third Quarter Earnings: Net Income of $1.6 Million, or $0.09 per Diluted Share (NASDAQ:SNBC)
www.publicnow.com - October 31 at 7:14 PM
biz.yahoo.com logoQ3 2016 Sun Bancorp Inc Earnings Release - Before Market Open (NASDAQ:SNBC)
biz.yahoo.com - October 31 at 8:14 AM
biz.yahoo.com logoSUN BANCORP INC /NJ/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Event (NASDAQ:SNBC)
biz.yahoo.com - October 28 at 7:09 PM
finance.yahoo.com logo8:46 am Sun Bancorp Chairman Sidney R. Brown to step down as Chair effective December 31; Brown will continue to serve on the Board (NASDAQ:SNBC)
finance.yahoo.com - October 28 at 11:18 AM
publicnow.com logoSun Bancorp, Inc. Announces Board Chair Transition (NASDAQ:SNBC)
www.publicnow.com - October 28 at 11:18 AM
publicnow.com logoSun Bancorp, Inc. Declares Quarterly Cash Dividend of $0.01 Per Share (NASDAQ:SNBC)
www.publicnow.com - October 27 at 7:33 PM
finance.yahoo.com logoCybersecurity Month Tips for Business Owners: Four Facts that Companies Need to Know About Ransomware (NASDAQ:SNBC)
finance.yahoo.com - October 18 at 12:45 PM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : September 27, 2016 (NASDAQ:SNBC)
www.capitalcube.com - September 27 at 11:58 AM
publicnow.com logoSun Bancorp, Inc. to Host Third Quarter Earnings Conference Call Monday, October 31, 2016 at 11:00 a.m. (EDT) (NASDAQ:SNBC)
www.publicnow.com - September 22 at 12:10 PM
4-traders.com logoSUN BANCORP, INC. /NJ : ex-dividend day (NASDAQ:SNBC)
www.4-traders.com - August 20 at 11:27 AM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) :SNBC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:SNBC)
www.capitalcube.com - August 10 at 8:01 PM
biz.yahoo.com logoSUN BANCORP INC /NJ/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:SNBC)
biz.yahoo.com - August 2 at 12:26 PM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : August 1, 2016 (NASDAQ:SNBC)
www.capitalcube.com - August 1 at 7:14 PM
finance.yahoo.com logoEdited Transcript of SNBC earnings conference call or presentation 26-Jul-16 3:00pm GMT (NASDAQ:SNBC)
finance.yahoo.com - July 26 at 4:54 PM
publicnow.com logoSun Bancorp, Inc. Announces Second Quarter Earnings: Net Income of $3.0 Million, or $0.16 per Diluted Share; Declares Quarterly Common Cash Dividend of $0.01 - First in Company's History (NASDAQ:SNBC)
www.publicnow.com - July 26 at 9:28 AM
sg.finance.yahoo.com logoSun Bancorp posts 2Q profit (NASDAQ:SNBC)
sg.finance.yahoo.com - July 26 at 9:06 AM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bullish Manner : SNBC-US : July 12, 2016 (NASDAQ:SNBC)
www.capitalcube.com - July 12 at 8:44 AM
publicnow.com logoSun Bancorp, Inc. to Host Second Quarter Earnings Conference Call Tuesday, July 26, 2016 at 11:00 a.m. (EDT) (NASDAQ:SNBC)
www.publicnow.com - June 28 at 5:01 PM
News IconI Went to a Corporate Pride Event and It Was Complicated (NASDAQ:SNBC)
thump.vice.com - June 28 at 12:16 PM
News IconBusiness People on the Move: Capehart Scatchard names two shareholders in health-care law department (NASDAQ:SNBC)
www.philly.com - June 27 at 11:35 AM
capitalcube.com logoSun Bancorp, Inc. (New Jersey) breached its 50 day moving average in a Bearish Manner : SNBC-US : June 20, 2016 (NASDAQ:SNBC)
www.capitalcube.com - June 20 at 8:27 AM
gurufocus.com logoWilbur Ross' Chemical Company Nexeo Solutions Begins Trading (NASDAQ:SNBC)
www.gurufocus.com - June 10 at 10:30 AM
gurufocus.com logoWilbur Ross' Newly Formed Company to Go Public Friday (NASDAQ:SNBC)
www.gurufocus.com - June 10 at 10:30 AM

Social

What is Sun Bancorp's stock symbol?

Sun Bancorp trades on the NASDAQ under the ticker symbol "SNBC."

How often does Sun Bancorp pay dividends? What is the dividend yield for Sun Bancorp?

Sun Bancorp announced a quarterly dividend on Wednesday, February 1st. Stockholders of record on Monday, February 27th will be paid a dividend of $0.01 per share on Monday, March 13th. This represents a $0.04 annualized dividend and a dividend yield of 0.15%. The ex-dividend date is Thursday, February 23rd.

When did Sun Bancorp's stock split? How did Sun Bancorp's stock split work?

Sun Bancorp shares reverse split on the morning of Monday, August 11th 2014. The 1-5 reverse split was announced on Thursday, July 3rd 2014. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 8th 2014. An investor that had 100 shares of Sun Bancorp stock prior to the reverse split would have 20 shares after the split.

When will Sun Bancorp announce their earnings?

Sun Bancorp is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Sun Bancorp stock?

Sun Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FJ Capital Management LLC (5.78%), Maltese Capital Management LLC (2.93%), Endeavour Capital Advisors Inc. (2.46%), Dimensional Fund Advisors LP (2.34%), Renaissance Technologies LLC (1.08%) and State Street Corp (0.81%). Company insiders that own Sun Bancorp stock include Anthony R Coscia, Keith Stock, Neelesh Kalani, Patricia M Schaubeck and Thomas M Obrien.

Who sold Sun Bancorp stock? Who is selling Sun Bancorp stock?

Sun Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Endeavour Capital Advisors Inc., Dimensional Fund Advisors LP and FJ Capital Management LLC.

Who bought Sun Bancorp stock? Who is buying Sun Bancorp stock?

Sun Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Two Sigma Investments LP, Kavi Asset Management LP and State Street Corp. Company insiders that have bought Sun Bancorp stock in the last two years include Anthony R Coscia, Keith Stock, Patricia M Schaubeck and Thomas M Obrien.

How do I buy Sun Bancorp stock?

Shares of Sun 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.

How much does a share of Sun Bancorp stock cost?

One share of Sun Bancorp stock can currently be purchased for approximately $26.45.

Sun Bancorp (NASDAQ:SNBC) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Sun Bancorp (NASDAQ:SNBC)

Earnings History Chart

Earnings by Quarter for Sun Bancorp (NASDAQ:SNBC)

Dividend History Chart

Dividend Payments by Quarter for Sun Bancorp (NASDAQ:SNBC)

Last Updated on 2/23/2017 by MarketBeat.com Staff