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Last $19.57 USD
Change Today +0.09 / 0.46%
Volume 16.7K
SNBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

sun bancorp inc-nj (SNBC) Snapshot

Open
$19.48
Previous Close
$19.48
Day High
$19.57
Day Low
$19.35
52 Week High
07/7/14 - $22.00
52 Week Low
01/20/15 - $16.88
Market Cap
364.4M
Average Volume 10 Days
9.7K
EPS TTM
$-1.53
Shares Outstanding
18.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SUN BANCORP INC-NJ (SNBC)

sun bancorp inc-nj (SNBC) Related Businessweek News

No Related Businessweek News Found

sun bancorp inc-nj (SNBC) Details

Sun Bancorp, Inc. operates as the holding company for Sun National Bank that provides various banking services to consumers, small businesses, and mid-size companies in New Jersey. The company’s deposit products include checking accounts, savings accounts, money market accounts, certificates of deposits, and individual retirement accounts, as well as business checking accounts. Its loan portfolio comprises commercial and residential real estate loans, commercial and industrial loans, construction loans, home equity lines of credit, home equity term loans, and small business loans. The company also provides cash management services comprising online banking, electronic bill payment and wire transfer, lockbox, remote deposit, and controlled disbursement services; and investment services, including insurance, annuities, mutual funds, securities brokerage, and investment advisory services. As of December 31, 2014, it operated 57 locations primarily throughout New Jersey, including 47 branch offices. The company was founded in 1985 and is headquartered in Mount Laurel, New Jersey.

456 Employees
Last Reported Date: 03/16/15
Founded in 1985

sun bancorp inc-nj (SNBC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $616.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $405.0K
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $350.0K
Chief Lending Officer
Total Annual Compensation: $173.5K
Chief Administrative Officer of Sun National ...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2014.

sun bancorp inc-nj (SNBC) Key Developments

Sun Bancorp Inc. Reports Unaudited Earnings Results for the First-Quarter Ended March 31, 2015; Reports Net Charge-Offs for the Quarter Ended March 31, 2015

Sun Bancorp Inc. reported unaudited earnings results for the first-quarter ended March 31, 2015. The company reported first-quarter net income of $2.8 million, after reporting a loss in the same period a year earlier. The company lost $1.9 million in the first quarter of 2014. The bank said it had diluted earnings of 15 cents per share compared to loss per share of 11 cents a year ago. The bank posted revenue of $28.3 million in the period. Net interest income shrank about 29%, to $15.2 million. On an adjusted basis, the company reported a loss of 17 cents per share. Net interest income was $15,191,000 compared to $21,392,000 a year ago. Income before income taxes was $3,060,000 compared to loss before income taxes of $1,547,000 a year ago. Return on average assets was 0.4% compared to loss on average assets of 0.3% a year ago. Return on average equity was 4.4% compared to loss on average equity of 3.0% a year ago. Net interest margin was 2.57% compared to 3.07% a year ago. Book value per common share was $13.39 compared to $14.34 a year ago. Net income available to common shareholders was $2,776,000 compared to net loss available to common shareholders of $1,906,000 a year ago. Total interest-bearing liabilities were $1,763,062,000 compared to $2,186,394,000 a year ago. Net charge-offs reported for the quarter ended March 31, 2015 were $2,648,000 compared to $3,294,000 a year ago. The net charge-offs in the first quarter of 2015 included $3.5 million of consumer net charge-offs due primarily to loan sale activity, partially offset by $857 thousand of commercial loan net recoveries.

Sun Bancorp Inc. to Report Q1, 2015 Results on Apr 27, 2015

Sun Bancorp Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on Apr 27, 2015

Sun Bancorp Inc., Q1 2015 Earnings Call, Apr 27, 2015

Sun Bancorp Inc., Q1 2015 Earnings Call, Apr 27, 2015

 

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SNBC Competitors

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Company Last Change
Hampton Roads Bankshares Inc $2.00 USD -0.01
HomeTrust Bancshares Inc $15.54 USD +0.09
Peapack Gladstone Financial Corp $20.30 USD +0.03
Suffolk Bancorp $24.26 USD +0.27
First of Long Island Corp/The $25.53 USD +0.11
View Industry Companies
 

Industry Analysis

SNBC

Industry Average

Valuation SNBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.8x
Price/Book 1.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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