Last $12.50 USD
Change Today -0.32 / -2.50%
Volume 10.4K
MNRK On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

monarch financial holdings (MNRK) Snapshot

Open
$12.71
Previous Close
$12.82
Day High
$12.72
Day Low
$12.47
52 Week High
11/17/14 - $14.84
52 Week Low
05/22/14 - $11.15
Market Cap
133.1M
Average Volume 10 Days
20.7K
EPS TTM
$1.05
Shares Outstanding
10.6M
EX-Date
02/6/15
P/E TM
11.9x
Dividend
$0.32
Dividend Yield
2.56%
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 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 9, 2014, the company operated 11 banking offices in Chesapeake, Virginia Beach, Norfolk, Suffolk, and Williamsburg, Virginia; offices in Kitty Hawk and Nags Head, North Carolina; and 30 offices with locations in Virginia, North Carolina, Maryland, and South Carolina. Monarch Financial Holdings, Inc. is headquartered in Chesapeake, Virginia.

monarch financial holdings (MNRK) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $536.7K
President, Director, Member of Executive Comm...
Total Annual Compensation: $485.0K
Director and Chief Executive Officer of Monar...
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2013.

monarch financial holdings (MNRK) Key Developments

Monarch Financial Holdings, Inc. Reports Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Records Net Charge-Offs

Monarch Financial Holdings, Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest income of $11,361,030 against $10,677,237 year ago. Net interest income was $10,575,541 against $9,633,415 year ago. Income before taxes was $4,342,976 against $3,422,972 year ago. Net income attributable to monarch financial holdings, inc. was $2,683,163 or $0.25 diluted per share against $2,156,566 or $0.20 diluted per share year ago. Return on average assets was 1.04% compared with 0.86% for the same period last year. Return on average stockholders' equity was 10.03% compared with 8.88% for the same period last year. For the year, the company reported total interest income of $42,990,907 against $44,348,437 year ago. Net interest income was $39,329,743 against $39,561,979 year ago. Income before taxes was $17,929,128 against $18,533,432 year ago. Net income attributable to monarch financial holdings, inc. was $11,211,850 or $1.05 diluted per share against $11,091,007 or $1.08 diluted per share year ago. Return on average assets was 1.13% compared with 1.07% for the same period last year. Return on average stockholders' equity was 10.95% compared with 11.97% for the same period last year. For the quarter, the company recorded net charge-offs of $28,000 compared with $2,167,000 for the same period last year.

Monarch Financial Holdings, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on February 27, 2015

The Board of Directors of Monarch Financial Holdings, Inc. announced a quarterly common stock cash dividend of $0.08 per common share, payable on February 27, 2015, to shareholders of record on February 10, 2015.

Monarch Financial Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Charge-Offs

Monarch Financial Holdings, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net interest income of $9.71 million against $9.72 million a year ago. Income before taxes was $4.49 million against $4.08 million a year ago. Net income was $2.85 million or $0.26 per diluted share against $2.67 million or $0.23 per diluted share a year ago. Return on average assets was 1.11% against 0.94% a year ago. Return on average stockholders' equity was 10.72% against 10.18% a year ago. For the nine months, the company reported net interest income of $28.75 million against $29.93 million a year ago. Income before taxes was $13.59 million against $15.11 million a year ago. Net income was $8.71 million or $0.80 per diluted share against $9.90 million or $0.85 per diluted share a year ago. Return on average assets was 1.15% against 1.14% a year ago. Return on average stockholders' equity was 11.27% against 13.07% a year ago. The company reported net charge-offs of $93,000 compared to $92,000 a year ago.

 

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MNRK

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Valuation MNRK Industry Range
Price/Earnings 12.2x
Price/Sales 1.3x
Price/Book 1.2x
Price/Cash Flow 12.2x
TEV/Sales 0.5x
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