Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $18.98 USD
Change Today +0.06 / 0.32%
Volume 358.0
SNBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 9:35 AM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

sun bancorp inc-nj (SNBC) Key Developments

Sun Bancorp Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2014

Sun Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company’s net interest income was $17,026,000 against $21,935,000 a year ago. Net interest income after provision for loan losses was $17,026,000 against $19,800,000 a year ago. Loss before income taxes was $2,537,000 against $7,915,000 a year ago. Net loss available to common shareholders was $2,829,000 or $0.15 basic and diluted per share against $8,212,000 or $0.47 basic and diluted per share a year ago. Negative return on average assets was 0.41% against 1.02% a year ago. Negative return on average equity was 4.5% against 12.8% a year ago. Negative return on average tangible equity was 5.4% against 15.1% a year ago. For the full year, the company’s net interest income was $77,951,000 against $89,769,000 a year ago. Net interest income after provision for loan losses was $63,148,000 against $88,622,000 a year ago. Loss before income taxes was $28,491,000 against $9,646,000 a year ago. Net loss available to common shareholders was $29,808,000 or $1.67 basic and diluted per share against $9,943,000 or $0.58 basic and diluted per share a year ago. Negative return on average assets was 1.02% against 0.31% a year ago. Negative return on average equity was 12.0% against 3.8% a year ago. Negative return on average tangible equity was 14.1% against 4.5% a year ago. Book value was $13.18 per share against $14.15 per share a year ago. Tangible book value was $11.12 per share against $11.90 per share a year ago. Net charge-offs were $3,294,000 in the fourth quarter of 2014, as compared to $1,852,000 for the fourth quarter of 2013.

Sun Bancorp Inc. to Report Q4, 2014 Results on Jan 26, 2015

Sun Bancorp Inc. announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Jan 26, 2015

Sun Bancorp Inc., Q4 2014 Earnings Call, Jan 26, 2015

Sun Bancorp Inc., Q4 2014 Earnings Call, Jan 26, 2015

Sun Bancorp Inc. Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015

Sun Bancorp Inc. Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015 . Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States.

Sun Bancorp Inc. Presents at Sandler O'Neill + Partners, L.P. 2014 East Coast Financial Services Conference, Nov-13-2014

Sun Bancorp Inc. Presents at Sandler O'Neill + Partners, L.P. 2014 East Coast Financial Services Conference, Nov-13-2014 . Venue: Naples, Florida, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SNBC:US $18.98 USD +0.06

SNBC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Hampton Roads Bankshares Inc $1.89 USD +0.0254
HomeTrust Bancshares Inc $15.85 USD +0.11
Peapack Gladstone Financial Corp $21.43 USD +0.12
First of Long Island Corp/The $25.01 USD -0.12
TriState Capital Holdings Inc $10.77 USD +0.02
View Industry Companies
 

Industry Analysis

SNBC

Industry Average

Valuation SNBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.3x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SUN BANCORP INC-NJ, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.