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 $20.95 USD
Change Today 0.00 / 0.00%
Volume 328.0
ASBB On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

asb bancorp inc (ASBB) Snapshot

Open
$20.93
Previous Close
$20.95
Day High
$20.95
Day Low
$20.93
52 Week High
06/27/14 - $21.96
52 Week Low
04/25/14 - $17.80
Market Cap
91.7M
Average Volume 10 Days
2.5K
EPS TTM
$0.58
Shares Outstanding
4.4M
EX-Date
--
P/E TM
36.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for ASB BANCORP INC (ASBB)

Related News

No related news articles were found.

asb bancorp inc (ASBB) Related Businessweek News

No Related Businessweek News Found

asb bancorp inc (ASBB) Details

ASB Bancorp, Inc. operates as a bank holding company for Asheville Savings Bank, S.S.B. that provides mortgage, consumer, and commercial banking services in North Carolina. The company accepts various deposit products comprising noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts, including negotiable order of withdrawal (NOW) and money market accounts; regular savings accounts; and certificates of deposit. Its loan portfolio comprises real estate mortgage loans, including one-to four-family residential mortgage loans and commercial mortgage loans; and revolving mortgage loans, such as home equity loans and lines of credit. The company also provides consumer loans, construction and land development loans, and commercial and industrial loans. In addition, the company provides non deposit investment products consisting of mutual funds, debt, equity and government securities, retirement accounts, insurance products, and fixed and variable annuities through an agreement with a third-party registered broker-dealer. As of July 28, 2014, it operated through 13 full-service banking centers located in Buncombe, Madison, McDowell, Henderson, and Transylvania counties in western North Carolina; and a loan production office in Charlotte, North Carolina. The company was founded in 1936 and is headquartered in Asheville, North Carolina.

160 Employees
Last Reported Date: 03/13/15
Founded in 1936

asb bancorp inc (ASBB) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $316.9K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $180.0K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $180.0K
Chief Retail Officer, Executive Vice Presiden...
Total Annual Compensation: $142.0K
Compensation as of Fiscal Year 2014.

asb bancorp inc (ASBB) Key Developments

ASB Bancorp, Inc. Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2014

ASB Bancorp, Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended December 31, 2014. For the quarter, the company reported interest and dividend income of $6,117,000, net interest income of $5,240,000, income before income tax provision of $987,000, net income of $642,000 or $0.16 per diluted share, return on average assets of 0.34%, return on average equity of 2.66% compared to the interest and dividend income of $5,776,000, net interest income of $4,819,000, income before income tax provision of $491,000, net income of $360,000 or $0.08 per diluted share, return on average assets of 0.19%, return on average equity of 1.4% for the same quarter a year ago. For the year, the company reported interest and dividend income of $23,502,000, net interest income of $19,966,000, income before income tax provision of $3,749,000, net income of $2,489,000 or $0.59 per diluted share, return on average assets of 0.33%, return on average equity of 2.51% compared to the interest and dividend income of $22,952,000, net interest income of $18,758,000, income before income tax provision of $2,079,000, net income of $1,454,000 or $0.31 per diluted share, return on average assets of 0.19%, return on average equity of 1.37% for the previous year. Book value per common share was $21.56 at December 31, 2014 compared with $20.06 at December 31, 2013.

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

ASB 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.

ASB Bancorp, Inc. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Charge-Offs for the Third Quarter of 2014

ASB Bancorp, Inc. announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $502,000 or $0.12 per diluted share compared to $560,000 or $0.12 per diluted share, for the same quarter of 2013. Net interest income was $4,987,000 compared with $4,730,000 a year ago. Income before income tax provision was $765,000 compared with $958,000 a year ago. Return on average assets was 0.27% compared with 0.30% a year ago. Return on average equity was 2.08% compared with 2.15% a year ago. As on September 30, 2014, the company's book value per share was $21.53 compared to $21.06 at June 30, 2014 and $20.06 at December 31, 2013. For the nine months, the company reported net income of $1.8 million, or $0.43 per diluted share, up 87.0%, compared to net income of $1.1 million or $0.23 per diluted share, for the same period of 2013. Net interest income was $14,726,000 compared with $13,939,000 a year ago. Income before income tax provision was $2,762,000 compared with $1,588,000 a year ago. Return on average assets was 0.33% compared with 0.19% a year ago. Return on average equity was 2.47% compared with 1.36% a year ago. The company announced net charge-offs of $158,000 for the third quarter ended September 30, 2014 compared to $71,000 reported a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ASBB:US $20.95 USD 0.00

ASBB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alliance Bancorp Inc of Pennsylvania $21.21 USD -0.05
First Clover Leaf Financial Corp $8.57 USD -0.03
First Savings Financial Group Inc $28.75 USD -0.2499
IF Bancorp Inc $16.50 USD 0.00
Poage Bankshares Inc $15.50 USD 0.00
View Industry Companies
 

Industry Analysis

ASBB

Industry Average

Valuation ASBB Industry Range
Price/Earnings 35.3x
Price/Sales 3.0x
Price/Book 0.9x
Price/Cash Flow 36.8x
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ASB BANCORP INC, please visit www.ashevillesavingsbank.com. 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.