News articles about Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Sun Bancorp, Inc. /NJ earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 44.8716677169059 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) traded up $0.35 on Friday, hitting $24.80. The stock had a trading volume of 27,299 shares, compared to its average volume of 104,367. The company has a market capitalization of $473.61, a PE ratio of 7.68 and a beta of 0.25. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43. Sun Bancorp, Inc. /NJ has a 1-year low of $22.45 and a 1-year high of $26.70.
Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) last released its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $18.87 million for the quarter. Sun Bancorp, Inc. /NJ had a return on equity of 19.02% and a net margin of 72.60%.
SNBC has been the topic of a number of research reports. BidaskClub cut Sun Bancorp, Inc. /NJ from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. Sandler O’Neill upgraded Sun Bancorp, Inc. /NJ from a “hold” rating to a “buy” rating and lowered their price objective for the company from $27.00 to $26.50 in a research report on Wednesday, September 20th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $33.00 price objective on shares of Sun Bancorp, Inc. /NJ in a research report on Friday, December 22nd.
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About Sun Bancorp, Inc. /NJ
Sun Bancorp, Inc is a bank holding company. The Company’s principal subsidiary is Sun National Bank (the Bank). Through the Bank, the Company provides an array of community banking services to consumers, small businesses and mid-size companies. The Company’s lending services to businesses include term loans, lines of credit and commercial mortgages.
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