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Last $12.20 USD
Change Today -0.07 / -0.57%
Volume 4.6K
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

monarch financial holdings (MNRK) Snapshot

Open
$12.22
Previous Close
$12.27
Day High
$12.41
Day Low
$12.20
52 Week High
11/17/14 - $14.84
52 Week Low
09/9/14 - $11.76
Market Cap
131.5M
Average Volume 10 Days
6.4K
EPS TTM
$1.14
Shares Outstanding
10.8M
EX-Date
08/5/15
P/E TM
10.7x
Dividend
$0.36
Dividend Yield
2.78%
Current Stock Chart for MONARCH FINANCIAL HOLDINGS (MNRK)

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monarch financial holdings (MNRK) Details

Monarch Financial Holdings, Inc. operates as the bank holding company for Monarch Bank that provides various commercial and retail banking products and services for businesses, professionals, corporate executives, and individuals. Its deposit product line includes checking accounts; savings accounts; and time deposits, including daily money market accounts to longer-term certificates of deposit. The company’s loan portfolio comprises consumer loans, including home equity lines of credit; professional lines of credit; and secured and unsecured loans for financing automobiles, home improvements, education, and personal investments, as well as real estate construction, acquisition, and development loans. Its loan portfolio also consists of secured and unsecured commercial loans for working capital, including inventory and receivables; business expansion, such as acquisition of real estate and improvements; and the purchase of equipment and machinery, as well as loans secured by commercial real estate. The company also offers investment advisory services, insurance sales, safe deposit boxes, check and bankcard services, online banking services, direct deposit of payroll and social security checks, and automatic drafts for various accounts. In addition, it provides commercial mortgage brokerage services in the placement of primarily long-term fixed-rate debt for the commercial, hospitality, and multi-family housing markets. Further, the company offers mobile banking, remote deposit capture, and online cash management services. As of May 13, 2015, the company operated 10 banking offices in Chesapeake, Virginia Beach, Norfolk, and Williamsburg, Virginia; offices in Kitty Hawk and Nags Head, North Carolina; and 35 offices with locations in in Virginia, North Carolina, Maryland, and South Carolina. Monarch Financial Holdings, Inc. was founded in 1998 and is headquartered in Chesapeake, Virginia.

645 Employees
Last Reported Date: 08/7/15
Founded in 1998

monarch financial holdings (MNRK) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $516.7K
President, Director, Member of Executive Comm...
Total Annual Compensation: $466.7K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $228.3K
Director and Chief Executive Officer of Monar...
Total Annual Compensation: $250.0K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $280.0K
Compensation as of Fiscal Year 2014.

monarch financial holdings (MNRK) Key Developments

Monarch Financial Holdings, Inc. Declares Quarterly Common Stock Cash Dividend, Payable on August 31, 2015; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Net Charge-Offs for the Second Quarter Ended June 30, 2015

Monarch Financial Holdings, Inc. announced a quarterly common stock cash dividend of $0.09 per common share, payable on August 31, 2015, to shareholders of record on August 7, 2015. The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's total interest income was $12,023,816 compared with $10,556,992 a year ago. Net interest income was $11,213,715 compared with $9,580,106 a year ago. Income before taxes was $5,436,466 compared with $5,071,995 a year ago. Net income was $3,474,703 compared with $3,304,495 a year ago. Net income attributable to the company was $3,423,829 or $0.32 per basic and diluted share compared with $3,183,574 or $0.30 per basic and diluted share a year ago. Return on average assets was 1.22% compared with 1.29% a year ago. Return on average stockholders' equity was 12.28% compared with 12.63% a year ago. For the six months, the company's total interest income was $23,409,386 compared with $20,991,075 a year ago. Net interest income was $21,862,204 compared with $19,043,077 a year ago. Income before taxes was $10,923,286 compared with $9,096,984 a year ago. Net income was $6,968,183 compared with $5,858,244 a year ago. Net income attributable to the company was $6,885,036 or $0.64 per basic and diluted share compared with $5,720,839 or $0.54 per diluted share a year ago. Return on average assets was 1.26% compared with 1.18% a year ago. Return on average stockholders' equity was 12.62% compared with 11.57% a year ago. As on June 30, 2015, the company's book value per common share was $10.52 against $9.67 a year ago. Tangible book value per common share was $10.45 against $9.59 a year ago. For the quarter, the company reported net charge-offs of $218,000 against $143,000 a year ago.

Monarch Financial Holdings, Inc. to Report Q2, 2015 Results on Jul 23, 2015

Monarch Financial Holdings, Inc. announced that they will report Q2, 2015 results on Jul 23, 2015

Monarch Financial Holdings, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on June 12, 2015

Monarch Financial Holdings, Inc. announced a 12.5% increase in the quarterly common stock cash dividend at its annual shareholders meeting held on May 12, 2015. The Board of Directors declared a quarterly cash dividend of $0.09 per common share, payable on June 12, 2015, to shareholders of record on May 25, 2015.

 

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MNRK:US $12.20 USD -0.07

MNRK Competitors

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Company Last Change
C&F Financial Corp $36.19 USD +1.44
Capital City Bank Group Inc $14.99 USD +0.22
Carter Bank & Trust $12.75 USD +0.15
First Community Bancshares Inc/VA $17.49 USD +0.04
NewBridge Bancorp $8.19 USD -0.09
View Industry Companies
 

Industry Analysis

MNRK

Industry Average

Valuation MNRK Industry Range
Price/Earnings 10.6x
Price/Sales 1.1x
Price/Book 1.1x
Price/Cash Flow 10.6x
TEV/Sales NM Not Meaningful
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