Last $12.85 USD
Change Today -0.13 / -1.00%
Volume 15.5K
MNRK On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 01/23/15 All times are local (Market data is delayed by at least 15 minutes).

monarch financial holdings (MNRK) Snapshot

Open
$12.93
Previous Close
$12.98
Day High
$13.00
Day Low
$12.81
52 Week High
11/17/14 - $14.84
52 Week Low
05/22/14 - $11.15
Market Cap
136.8M
Average Volume 10 Days
10.8K
EPS TTM
$1.00
Shares Outstanding
10.6M
EX-Date
11/6/14
P/E TM
12.9x
Dividend
$0.32
Dividend Yield
2.41%
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.

672 Employees
Last Reported Date: 11/6/14

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
Executive Vice President, Director and Chief ...
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2013.

monarch financial holdings (MNRK) Key Developments

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.

Monarch Financial Holdings, Inc. Announces Quarterly Common Stock Cash Dividend, Payable on November 28, 2014

The Board of Directors of Monarch Financial Holdings, Inc. announced a quarterly common stock cash dividend of $0.08 per common share, payable on November 28, 2014, to shareholders of record on November 10, 2014.

Monarch Financial Holdings, Inc. Declares Quarterly Cash Dividend, Payable on August 29, 2014

The Board of Directors of Monarch Financial Holdings, Inc. announced a quarterly common stock cash dividend of $0.08 per common share, payable on August 29, 2014, to shareholders of record on August 8, 2014.

 

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Industry Analysis

MNRK

Industry Average

Valuation MNRK Industry Range
Price/Earnings 12.7x
Price/Sales 1.3x
Price/Book 1.3x
Price/Cash Flow 12.8x
TEV/Sales 0.4x
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